State Street Corp Increases Stock Position in Emerson Electric Co. $EMR

State Street Corp boosted its stake in Emerson Electric Co. (NYSE:EMR) by 1.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,678,497 shares of the industrial products company’s stock after purchasing an additional 403,957 shares during the period. State Street Corp owned approximately 4.94% of Emerson Electric worth $3,962,177,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Security National Bank of SO Dak bought a new stake in Emerson Electric during the second quarter valued at approximately $172,000. Anchor Investment Management LLC increased its stake in shares of Emerson Electric by 2.5% in the 2nd quarter. Anchor Investment Management LLC now owns 32,196 shares of the industrial products company’s stock worth $4,609,000 after purchasing an additional 799 shares in the last quarter. Tortoise Investment Management LLC lifted its position in Emerson Electric by 5.3% during the second quarter. Tortoise Investment Management LLC now owns 3,916 shares of the industrial products company’s stock valued at $561,000 after purchasing an additional 196 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in Emerson Electric by 16.5% in the second quarter. Sequoia Financial Advisors LLC now owns 35,733 shares of the industrial products company’s stock worth $5,115,000 after buying an additional 5,053 shares in the last quarter. Finally, Tidal Investments LLC lifted its position in shares of Emerson Electric by 12.4% during the 2nd quarter. Tidal Investments LLC now owns 112,536 shares of the industrial products company’s stock valued at $16,110,000 after buying an additional 12,436 shares in the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Emerson Electric Price Performance

Shares of NYSE EMR traded up $1.89 during midday trading on Tuesday, reaching $153.60. 548,710 shares of the stock traded hands, compared to its average volume of 2,976,348. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. The stock has a market capitalization of $86.03 billion, a PE ratio of 33.65, a P/E/G ratio of 2.25 and a beta of 1.24. The company’s 50 day moving average is $151.64 and its 200 day moving average is $143.41. 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 released 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 firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the previous year, the company posted $1.52 EPS. The company’s revenue for the quarter was up .0% compared to the same quarter last year. 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. On average, equities research analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were 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 was Friday, August 14th. Emerson Electric’s payout ratio is 48.58%.

Analyst Ratings Changes

Several equities analysts have weighed in on EMR shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. BNP Paribas Exane upped their target price on shares of Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Citigroup increased their price target on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Rothschild & Co Redburn boosted their price objective on Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Finally, Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Thirteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $167.83.

Insider Buying and Selling

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.23% of the stock is owned by corporate insiders.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.