Teamwork Financial Advisors LLC Lowers Position in Emerson Electric Co. $EMR

Teamwork Financial Advisors LLC lowered its holdings in Emerson Electric Co. (NYSE:EMRFree Report) by 93.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,874 shares of the industrial products company’s stock after selling 24,791 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Emerson Electric were worth $268,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Basso Capital Management L.P. purchased a new position in Emerson Electric during the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC purchased a new stake in Emerson Electric during the second quarter worth $27,000. IFC & Insurance Marketing Inc. bought a new stake in Emerson Electric during the 4th quarter valued at $27,000. Motiv8 Investments LLC purchased a new position in shares of Emerson Electric in the 4th quarter valued at $27,000. Finally, Orion Capital Management LLC bought a new position in shares of Emerson Electric in the 2nd quarter worth $29,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Down 0.5%

Shares of NYSE:EMR opened at $152.12 on Wednesday. The business’s 50-day moving average is $149.73 and its 200 day moving average is $143.45. 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 Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The firm has a market capitalization of $85.20 billion, a P/E ratio of 33.29, a P/E/G ratio of 2.29 and a beta of 1.24.

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 analysts’ consensus estimates of $1.68 by $0.03. The business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company’s revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. On average, research analysts predict 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 paid a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, August 14th. Emerson Electric’s payout ratio is presently 48.58%.

Wall Street Analysts Forecast Growth

EMR has been the topic of a number of recent research reports. KeyCorp dropped their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Morgan Stanley increased their price target on shares of Emerson Electric from $125.00 to $135.00 and gave the company an “underweight” rating in a research report on Friday, August 28th. DA Davidson raised their price target on shares of Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, August 24th. HSBC boosted their price objective on shares of Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Thirteen research 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’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $167.83.

Get Our Latest Stock Analysis on Emerson Electric

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal 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 transaction of $1,562,431.50. Following the sale, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is owned by company insiders.

Emerson Electric Company Profile

(Free Report)

Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.

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

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