Flputnam Investment Management Co. Sells 79,590 Shares of Emerson Electric Co. $EMR

Flputnam Investment Management Co. lowered its stake in shares of Emerson Electric Co. (NYSE:EMR) by 51.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,532 shares of the industrial products company’s stock after selling 79,590 shares during the quarter. Flputnam Investment Management Co.’s holdings in Emerson Electric were worth $10,956,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. ABS Investment Management LLC purchased a new position in shares of Emerson Electric in the 2nd quarter worth approximately $858,900,000. Basso Capital Management L.P. acquired a new stake in Emerson Electric in the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC purchased a new position in Emerson Electric in the second quarter worth $27,000. Orion Capital Management LLC acquired a new position in shares of Emerson Electric during the second quarter worth $29,000. Finally, IFC & Insurance Marketing Inc. purchased a new stake in shares of Emerson Electric during the 4th quarter valued at $27,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Royal Bank Of Canada lifted their target price on shares of Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Barclays boosted their target price on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Stephens upped their target price on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Finally, KeyCorp lowered their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Thirteen 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $167.83.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $155.37 on Friday. 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 stock has a market capitalization of $87.02 billion, a price-to-earnings ratio of 34.00, a PEG ratio of 2.31 and a beta of 1.24. The firm’s 50 day simple moving average is $148.79 and its 200-day simple moving average is $143.58. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $166.35.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.52 earnings per share. 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. Analysts expect that Emerson Electric Co. will post 6.54 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be paid a $0.555 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.

Insider Buying and Selling

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’s stock in a transaction on 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 completion of the sale, the chief executive officer 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.23% of the company’s stock.

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.