6,987 Shares in Emerson Electric Co. $EMR Acquired by Puzo Michael J

Puzo Michael J bought a new position in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,987 shares of the industrial products company’s stock, valued at approximately $1,000,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of EMR. BlackRock Inc. bought a new position in shares of Emerson Electric during the 2nd quarter valued at about $6,193,425,000. Norges Bank bought a new stake in shares of Emerson Electric in the fourth quarter worth about $1,050,040,000. Bank of New York Mellon Corp purchased a new stake in shares of Emerson Electric in the second quarter worth about $659,000,000. Bank of America Corp DE boosted its stake in Emerson Electric by 13.1% during the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock valued at $2,612,780,000 after buying an additional 2,302,055 shares during the last quarter. Finally, Deutsche Bank AG purchased a new position in Emerson Electric during the 2nd quarter valued at approximately $211,212,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Trading Down 0.1%

EMR opened at $157.60 on Thursday. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm has a market cap of $88.27 billion, a price-to-earnings ratio of 34.49, a PEG ratio of 2.35 and a beta of 1.24. The stock has a fifty day moving average price of $147.50 and a 200-day moving average price of $143.31. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $166.35.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm’s revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. As a group, equities research analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be issued 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 48.58%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Stephens boosted their price target on shares of Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. JPMorgan Chase & Co. raised shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective for the company in a research note on Friday, July 17th. Royal Bank Of Canada boosted their target price on shares of Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. BNP Paribas Exane upped their target price on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $166.96.

Get Our Latest Analysis on EMR

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. The trade was 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 currently owned by company insiders.

Emerson Electric Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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