Manning & Napier Advisors LLC bought a new position in Emerson Electric Co. (NYSE:EMR – Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The firm bought 49,942 shares of the industrial products company’s stock, valued at approximately $7,149,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Basso Capital Management L.P. purchased a new stake in Emerson Electric during the 4th quarter valued at about $25,000. Allied Private Wealth LLC purchased a new stake in shares of Emerson Electric during the second quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of Emerson Electric in the fourth quarter worth approximately $27,000. Motiv8 Investments LLC purchased a new position in shares of Emerson Electric in the fourth quarter worth $27,000. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new stake in Emerson Electric during the 2nd quarter valued at $30,000. 74.30% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
EMR has been the topic of a number of analyst reports. Citigroup boosted their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Royal Bank Of Canada lifted their price objective on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Stephens lifted their price target on shares of 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $167.39.
Emerson Electric Trading Up 0.2%
NYSE EMR opened at $157.56 on Tuesday. The firm has a market capitalization of $88.25 billion, a PE ratio of 34.48, a P/E/G ratio of 2.34 and a beta of 1.24. The stock’s 50 day moving average is $148.26 and its 200 day moving average is $143.46. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.
Emerson Electric (NYSE:EMR – Get 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 the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric’s quarterly revenue was up .0% compared to the same quarter last year. During the same period last year, the business earned $1.52 EPS. 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. Research analysts forecast that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be given a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend 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 Transactions at Emerson Electric
In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the 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 sale, the chief executive officer directly owned 271,743 shares of the company’s stock, 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 can be accessed through this hyperlink. 0.23% of the stock is currently owned by insiders.
Emerson Electric Company Profile
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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