Danske Bank A S Makes New Investment in Emerson Electric Co. $EMR

Danske Bank A S acquired a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the second quarter, HoldingsChannel.com reports. The fund acquired 327,106 shares of the industrial products company’s stock, valued at approximately $46,825,000.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in shares of Emerson Electric by 74.1% during the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after purchasing an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Emerson Electric in the first quarter worth about $232,000. Caxton Associates LLP bought a new position in Emerson Electric during the first quarter valued at approximately $275,000. Sivia Capital Partners LLC purchased a new position in Emerson Electric during the 2nd quarter valued at approximately $203,000. Finally, Jump Financial LLC increased its stake in Emerson Electric by 121.5% in the 2nd quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock worth $1,406,000 after acquiring an additional 5,783 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Performance

NYSE EMR opened at $157.60 on Thursday. The business’s 50 day moving average price is $147.50 and its 200-day moving average price is $143.31. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The company has a market cap of $88.27 billion, a P/E ratio of 34.49, a P/E/G ratio of 2.35 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.Emerson Electric’s revenue was up .0% on a year-over-year basis. During the same period last year, the company earned $1.52 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. Sell-side analysts predict that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be paid a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. Emerson Electric’s payout ratio is currently 48.58%.

Insider Buying and Selling

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

EMR has been the subject of a number of research reports. Wells Fargo & Company increased their target price on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. BMO Capital Markets boosted their price target on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. DA Davidson began coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price target on the stock. Rothschild & Co Redburn increased their price objective on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Finally, Stephens boosted their target price on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $166.96.

Check Out Our Latest Analysis on EMR

Emerson Electric Profile

(Free Report)

Emerson Electric Co is a global technology and engineering company that designs and manufactures products and provides services for industrial, commercial and consumer markets. Founded in 1890, the company is headquartered in St. Louis, Missouri, and has built a long-standing presence in automation, control and climate-related technologies. Emerson’s offerings are aimed at improving productivity, energy efficiency and reliability for a wide range of end markets.

Emerson operates through two principal platforms—Automation Solutions and Commercial & Residential Solutions—providing process automation systems, measurement and analytical instrumentation, valves and actuators, control software, and related aftermarket services, alongside products for heating, ventilation and refrigeration, residential and commercial climate controls, tools and storage solutions.

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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