Wealthfront Advisers LLC Buys Shares of 53,911 Emerson Electric Co. $EMR

Wealthfront Advisers LLC purchased a new position in Emerson Electric Co. (NYSE:EMR) during the second quarter, HoldingsChannel reports. The firm purchased 53,911 shares of the industrial products company’s stock, valued at approximately $7,717,000.

Other large investors also recently modified their holdings of the company. Strategic Wealth Advisors LLC purchased a new stake in Emerson Electric during the second quarter valued at $41,000. Cypress Asset Management Inc. TX boosted its position in Emerson Electric by 0.7% in the second quarter. Cypress Asset Management Inc. TX now owns 31,446 shares of the industrial products company’s stock worth $4,501,000 after purchasing an additional 225 shares during the last quarter. First National Bank of Omaha bought a new stake in shares of Emerson Electric during the 2nd quarter valued at about $10,802,000. Hurlow Wealth Management Group Inc. purchased a new stake in shares of Emerson Electric during the 2nd quarter valued at about $429,000. Finally, Fidelity National Financial Inc. bought a new position in shares of Emerson Electric in the 2nd quarter worth approximately $19,340,000. Institutional investors own 74.30% of the company’s stock.

Insider Buying and Selling 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 stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the completion of the sale, the chief executive officer owned 271,743 shares in the company, valued at approximately $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. 0.23% of the stock is currently owned by company insiders.

Emerson Electric Price Performance

Shares of NYSE:EMR opened at $157.60 on Thursday. The company has a market capitalization of $88.27 billion, a P/E ratio of 34.49, a P/E/G ratio of 2.35 and a beta of 1.24. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35. The firm’s 50 day simple moving average is $147.50 and its two-hundred day simple moving average is $143.31. 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 quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same period last year, the firm earned $1.52 EPS. The company’s 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. Research analysts expect that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently disclosed 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 is Friday, August 14th. Emerson Electric’s payout ratio is presently 48.58%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EMR shares. KeyCorp cut their target price on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. JPMorgan Chase & Co. upgraded shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target on the stock in a research report on Friday, July 17th. BNP Paribas Exane lifted their price target on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. HSBC boosted their price objective on shares of Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada raised their target price on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Thirteen equities 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $166.96.

Emerson Electric 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.