OMERS ADMINISTRATION Corp Takes Position in Emerson Electric Co. $EMR

OMERS ADMINISTRATION Corp purchased a new stake in Emerson Electric Co. (NYSE:EMRFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 33,477 shares of the industrial products company’s stock, valued at approximately $4,792,000.

A number of other hedge funds have also made changes to their positions in EMR. Vanguard Group Inc. grew its holdings in Emerson Electric by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock worth $7,287,546,000 after acquiring an additional 578,242 shares in the last quarter. BlackRock Inc. bought a new stake in Emerson Electric in the second quarter valued at about $6,193,425,000. State Street Corp grew its position in shares of Emerson Electric by 2.0% in the 4th quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock worth $3,647,602,000 after acquiring an additional 541,887 shares in the last quarter. Bank of America Corp DE raised its position in shares of Emerson Electric by 13.1% during the 1st 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 acquiring an additional 2,302,055 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Emerson Electric by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after purchasing an additional 76,488 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction dated 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 completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on EMR. Sanford C. Bernstein raised their target price on shares of Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Daiwa Securities Group lowered their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. BMO Capital Markets upped their price target on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. Finally, BNP Paribas Exane lifted their price target on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $167.39.

View Our Latest Stock Report on Emerson Electric

Emerson Electric Stock Performance

EMR opened at $157.56 on Tuesday. The business has a 50 day moving average price of $148.26 and a two-hundred day moving average price of $143.46. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The company has a market capitalization of $88.25 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 2.34 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.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion for 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 for the quarter was up .0% on a year-over-year basis. During the same period last year, the firm earned $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. Research analysts predict that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be given a $0.555 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.22 annualized dividend and a yield of 1.4%. Emerson Electric’s payout ratio is 48.58%.

About Emerson Electric

(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.

Featured Articles

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.