Proficio Capital Partners LLC Takes Position in Emerson Electric Co. $EMR

Proficio Capital Partners LLC bought a new position in Emerson Electric Co. (NYSE:EMRFree Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,243 shares of the industrial products company’s stock, valued at approximately $464,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Basso Capital Management L.P. bought a new stake in Emerson Electric in the 4th quarter worth approximately $25,000. Allied Private Wealth LLC bought a new position in shares of Emerson Electric during the 2nd quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Emerson Electric in the fourth quarter valued at $27,000. Motiv8 Investments LLC bought a new stake in Emerson Electric in the fourth quarter worth $27,000. Finally, Darwin Wealth Management LLC purchased a new stake in Emerson Electric during the second quarter valued at $29,000. 74.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on EMR. Barclays boosted their price objective on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. KeyCorp dropped their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Citigroup raised their price target on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, HSBC lifted their price objective on shares of Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. Thirteen research 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.com, the stock has an average rating of “Moderate Buy” and an average target price of $167.39.

Get Our Latest Analysis on EMR

Emerson Electric Stock Down 0.4%

Shares of NYSE:EMR opened at $157.58 on Friday. The firm has a market capitalization of $88.26 billion, a PE ratio of 34.48, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24. The business has a 50 day simple moving average of $148.70 and a two-hundred day simple moving average of $143.49. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. 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:EMRGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping 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 the consensus estimate of $4.80 billion. During the same period in the prior year, the business posted $1.52 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts predict that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.555 per share. 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 payout ratio is currently 48.58%.

Insider Activity

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction 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 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.

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

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