Summit Place Financial Advisors LLC Buys New Shares in Emerson Electric Co. $EMR

Summit Place Financial Advisors LLC purchased a new position in Emerson Electric Co. (NYSE:EMR) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 8,207 shares of the industrial products company’s stock, valued at approximately $1,273,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in EMR. BlackRock Inc. bought a new position in Emerson Electric during the 2nd quarter valued at approximately $6,193,425,000. State Street Corp raised its stake in Emerson Electric by 1.5% during the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock valued at $3,962,177,000 after buying an additional 403,957 shares during the last quarter. Bank of America Corp DE purchased a new position in Emerson Electric during the second quarter valued at $2,629,146,000. ABS Investment Management LLC bought a new stake in Emerson Electric in the second quarter worth $858,900,000. Finally, Bank of New York Mellon Corp boosted its holdings in Emerson Electric by 1.9% in the first quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock worth $827,478,000 after acquiring an additional 117,513 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Insider Activity

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction on Tuesday, August 11th. The stock was 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. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.23% of the stock is currently owned by insiders.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $161.74 on Monday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The firm has a market cap of $90.59 billion, a P/E ratio of 35.39, a PEG ratio of 2.22 and a beta of 1.21. The company has a 50 day moving average of $156.14 and a 200 day moving average of $147.96. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) 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 business had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the prior year, the firm posted $1.52 EPS. The firm’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. As a group, research analysts expect that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were paid a $0.5550 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s payout ratio is currently 48.58%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on EMR shares. Citigroup increased their target price on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. HSBC lifted their price target on Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. BNP Paribas Exane upped their price target on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Evercore cut their price objective on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Monday, August 31st. Finally, Weiss Ratings upgraded shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $172.17.

Emerson Electric Profile

Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.