State of New Jersey Common Pension Fund D trimmed its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 3.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 190,308 shares of the industrial products company’s stock after selling 6,211 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Emerson Electric were worth $25,258,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also made changes to their positions in EMR. Darwin Wealth Management LLC purchased a new position in shares of Emerson Electric in the second quarter valued at about $29,000. Ares Financial Consulting LLC purchased a new position in shares of Emerson Electric in the fourth quarter valued at about $29,000. Wealth Watch Advisors INC purchased a new position in shares of Emerson Electric in the third quarter valued at about $33,000. Steph & Co. purchased a new stake in shares of Emerson Electric in the fourth quarter worth about $33,000. Finally, Financial Consulate Inc. purchased a new stake in shares of Emerson Electric in the third quarter worth about $41,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on EMR shares. Royal Bank Of Canada decreased their target price on Emerson Electric from $176.00 to $161.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. UBS Group upgraded Emerson Electric from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $131.00 to $168.00 in a research report on Monday, January 5th. JPMorgan Chase & Co. boosted their target price on Emerson Electric from $150.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Stephens boosted their target price on Emerson Electric from $145.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft downgraded Emerson Electric from a “buy” rating to a “hold” rating and set a $170.00 target price on the stock. in a research report on Thursday, February 5th. Twelve equities research 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. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $162.38.
Insider Buying and Selling at Emerson Electric
In other Emerson Electric news, Director Matthew S. Levatich sold 1,476 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total transaction of $239,348.16. Following the sale, the director directly owned 24,349 shares in the company, valued at $3,948,433.84. This represents a 5.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total value of $811,224.00. Following the sale, the chief executive officer owned 281,393 shares in the company, valued at approximately $40,047,851.76. This trade represents a 1.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 13,879 shares of company stock worth $2,116,818 over the last ninety days. Company insiders own 0.23% of the company’s stock.
Emerson Electric Trading Up 3.1%
Shares of EMR stock opened at $140.73 on Friday. Emerson Electric Co. has a 1 year low of $104.52 and a 1 year high of $165.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62. The stock’s 50 day simple moving average is $138.85 and its two-hundred day simple moving average is $138.85. The company has a market cap of $79.09 billion, a PE ratio of 34.41, a price-to-earnings-growth ratio of 2.18 and a beta of 1.28.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.05. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The business had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same period in the prior year, the business posted $1.38 earnings per share. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. Research analysts predict that Emerson Electric Co. will post 6.5 earnings per share for the current year.
Emerson Electric Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th were given a dividend of $0.555 per share. The ex-dividend date was Friday, February 13th. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. Emerson Electric’s dividend payout ratio is 54.28%.
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.
Further Reading
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