Kornitzer Capital Management Inc. KS Sells 4,592 Shares of Emerson Electric Co. $EMR

Kornitzer Capital Management Inc. KS decreased its position in Emerson Electric Co. (NYSE:EMR) by 3.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 136,090 shares of the industrial products company’s stock after selling 4,592 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Emerson Electric were worth $18,062,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Murphy Middleton Hinkle & Parker Inc. boosted its stake in shares of Emerson Electric by 229.1% in the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock valued at $6,167,000 after purchasing an additional 32,346 shares during the last quarter. AustralianSuper Pty Ltd bought a new stake in shares of Emerson Electric in the 3rd quarter valued at $950,000. Cahill Financial Advisors Inc. acquired a new position in shares of Emerson Electric during the 3rd quarter valued at $823,000. Vanguard Group Inc. lifted its position in shares of Emerson Electric by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock valued at $7,127,132,000 after acquiring an additional 201,040 shares during the period. Finally, Caprock Group LLC acquired a new position in shares of Emerson Electric during the 3rd quarter valued at $3,359,000. Institutional investors own 74.30% of the company’s stock.

Insider Transactions at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer owned 281,393 shares in the company, valued at $40,047,851.76. This represents a 1.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Matthew S. Levatich sold 1,476 shares of the company’s stock in a transaction 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 completion of the sale, the director owned 24,349 shares of the company’s stock, valued at approximately $3,948,433.84. The trade was a 5.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 13,879 shares of company stock worth $2,116,818 in the last quarter. 0.23% of the stock is currently owned by corporate insiders.

Emerson Electric Stock Performance

EMR opened at $137.53 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.62 and a debt-to-equity ratio of 0.37. The company’s fifty day moving average price is $138.85 and its two-hundred day moving average price is $138.85. Emerson Electric Co. has a 1-year low of $106.51 and a 1-year high of $165.15. The company has a market cap of $77.29 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 2.24 and a beta of 1.26.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.05. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the prior year, the company posted $1.38 earnings per share. The business’s revenue was up 4.1% on a year-over-year basis. 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. On average, analysts expect that Emerson Electric Co. will post 6.5 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th were paid a $0.555 dividend. The ex-dividend date was Friday, February 13th. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. Emerson Electric’s dividend payout ratio is presently 54.28%.

Analysts Set New Price Targets

EMR has been the topic of a number of research reports. KeyCorp boosted their target price on shares of Emerson Electric from $155.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Robert W. Baird boosted their target price on shares of Emerson Electric from $143.00 to $164.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Citigroup boosted their target price on shares of Emerson Electric from $165.00 to $174.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Royal Bank Of Canada dropped their target price on shares of Emerson Electric from $176.00 to $161.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. Finally, Stephens boosted their target price on shares of Emerson Electric from $145.00 to $155.00 and gave the company an “equal weight” rating in a research report on Monday, February 9th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $162.38.

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.