Emerson Electric Co. $EMR Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company reduced its stake in shares of Emerson Electric Co. (NYSE:EMR) by 14.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 629,285 shares of the industrial products company’s stock after selling 110,259 shares during the period. The Manufacturers Life Insurance Company owned 0.11% of Emerson Electric worth $90,082,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. ABS Investment Management LLC purchased a new stake in shares of Emerson Electric in the second quarter valued at $858,900,000. Basso Capital Management L.P. purchased a new stake in Emerson Electric during the 4th quarter worth about $25,000. Allied Private Wealth LLC purchased a new position in Emerson Electric in the 2nd quarter valued at about $27,000. Orion Capital Management LLC acquired a new stake in shares of Emerson Electric during the 2nd quarter worth about $29,000. Finally, IFC & Insurance Marketing Inc. purchased a new stake in shares of Emerson Electric during the fourth quarter worth about $27,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Royal Bank Of Canada boosted their price objective on shares of Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. KeyCorp lowered their target price on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. BMO Capital Markets boosted their price target on Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. BNP Paribas Exane raised their price objective on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Finally, 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 report on Friday, May 15th. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned 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 $167.83.

Insiders Place Their Bets

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.23% of the company’s stock.

Emerson Electric Price Performance

EMR opened at $152.07 on Friday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The company’s 50 day simple moving average is $150.39 and its 200 day simple moving average is $143.50. The stock has a market capitalization of $85.17 billion, a PE ratio of 33.28, a P/E/G ratio of 2.23 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, sell-side analysts expect that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were given a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

Emerson Electric Company Profile

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.