Northwestern Mutual Wealth Management Co. Acquires New Holdings in Emerson Electric Co. $EMR

Northwestern Mutual Wealth Management Co. bought a new position in Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, Holdings Channel.com reports. The fund bought 468,029 shares of the industrial products company’s stock, valued at approximately $66,998,000.

A number of other hedge funds have also modified their holdings of EMR. PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in Emerson Electric by 9.4% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock valued at $14,563,000 after buying an additional 8,700 shares during the last quarter. BlackRock Inc. bought a new position in shares of Emerson Electric during the 2nd quarter worth $6,193,425,000. Fisher Asset Management LLC boosted its position in Emerson Electric by 14.8% during the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after purchasing an additional 928,548 shares in the last quarter. Truist Financial Corp raised its stake in Emerson Electric by 4.6% in the fourth quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock valued at $157,294,000 after buying an additional 52,440 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Emerson Electric by 2.1% in the fourth quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock valued at $546,072,000 after purchasing an additional 84,064 shares during the period. 74.30% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

EMR has been the topic of several recent analyst reports. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Daiwa Securities Group reduced their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. KeyCorp reduced their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. Finally, Stephens raised their price objective on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus target price of $166.96.

Emerson Electric Stock Up 1.6%

Shares of Emerson Electric stock opened at $157.21 on Friday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35. The company has a market capitalization of $88.05 billion, a P/E ratio of 34.40, a PEG ratio of 2.34 and a beta of 1.24. The business’s fifty day moving average price is $148.04 and its two-hundred day moving average price is $143.46. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The business had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter last year, the business posted $1.52 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. 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. As a group, research analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

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

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.23% of the company’s stock.

About Emerson Electric

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.