Legal & General Group Plc Buys Shares of 4,288,134 Emerson Electric Co. $EMR

Legal & General Group Plc purchased a new position in Emerson Electric Co. (NYSE:EMR) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 4,288,134 shares of the industrial products company’s stock, valued at approximately $613,846,000.

Other hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company bought a new stake in Emerson Electric during the second quarter worth approximately $90,082,000. Jones Financial Companies Lllp bought a new position in Emerson Electric during the 2nd quarter valued at $4,447,000. Peak Asset Management LLC acquired a new position in shares of Emerson Electric during the 2nd quarter valued at $16,440,000. Fiduciary Financial Advisors bought a new stake in shares of Emerson Electric in the 2nd quarter worth $31,000. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of Emerson Electric in the second quarter valued at $7,149,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on EMR. Daiwa Securities Group decreased their target price 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. KeyCorp cut their price target on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Sanford C. Bernstein lifted their price objective on shares of Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. HSBC boosted their target price on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Finally, BMO Capital Markets raised their target price on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $167.39.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’s stock in a transaction that occurred on 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 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 document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Price Performance

EMR opened at $157.56 on Tuesday. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $166.35. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $88.25 billion, a P/E ratio of 34.48, a PEG ratio of 2.34 and a beta of 1.24. The stock has a fifty day moving average of $148.26 and a 200-day moving average of $143.46.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same period in the previous year, the firm earned $1.52 earnings per share. Emerson Electric’s quarterly 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. Equities analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio is 48.58%.

Emerson Electric Company 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.