Emerson Electric Co. $EMR Stock Holdings Increased by StoneX Group Inc.

StoneX Group Inc. lifted its holdings in Emerson Electric Co. (NYSE:EMR) by 29.3% during the third quarter, Holdings Channel reports. The institutional investor owned 26,058 shares of the industrial products company’s stock after acquiring an additional 5,907 shares during the quarter. StoneX Group Inc.’s holdings in Emerson Electric were worth $4,028,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of EMR. Leelyn Smith LLC grew its stake in shares of Emerson Electric by 6.1% in the 3rd quarter. Leelyn Smith LLC now owns 1,959 shares of the industrial products company’s stock worth $304,000 after buying an additional 112 shares during the last quarter. Formidable Asset Management LLC raised its stake in Emerson Electric by 3.7% during the third quarter. Formidable Asset Management LLC now owns 5,724 shares of the industrial products company’s stock valued at $819,000 after buying an additional 205 shares during the last quarter. Verus Capital Partners LLC purchased a new position in Emerson Electric during the third quarter valued at $212,000. Parallel Advisors LLC boosted its holdings in Emerson Electric by 3.0% in the third quarter. Parallel Advisors LLC now owns 33,939 shares of the industrial products company’s stock worth $5,264,000 after acquiring an additional 988 shares in the last quarter. Finally, Plancorp LLC boosted its holdings in Emerson Electric by 1.4% in the third quarter. Plancorp LLC now owns 275,361 shares of the industrial products company’s stock worth $45,418,000 after acquiring an additional 3,719 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EMR has been the topic of a number of recent research reports. Morgan Stanley cut their target price on Emerson Electric from $145.00 to $140.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 3rd. JPMorgan Chase & Co. upped their price target on shares of Emerson Electric from $169.00 to $184.00 and gave the stock an “overweight” rating in a research note on Friday, October 9th. Wall Street Zen lowered shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Saturday. TD Cowen raised their price objective on shares of Emerson Electric from $150.00 to $170.00 and gave the company a “hold” rating in a research note on Friday, September 25th. Finally, HSBC lifted their target price on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and a consensus price target of $175.38.

Trending Headlines about Emerson Electric

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Emerson’s fourth-quarter results beat expectations, while orders rose 14%, pointing to solid demand. Emerson Q4 earnings beat as orders jump 14%
• Positive Sentiment: Several firms lifted their targets and maintained bullish ratings: BNP Paribas Exane and KeyCorp set targets of $200, Citigroup $198, and RBC and Bernstein $196. Jefferies also raised its target to $200. These revisions signal stronger analyst optimism. BNP Paribas Exane ratings Jefferies raises target
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. The increase supports the income-investor case, although the yield is relatively modest. Emerson raises dividend
• Neutral Sentiment: Recent coverage says analysts are broadly upbeat and cites LNG investment and reshoring as potential growth tailwinds, while acknowledging that the stock’s valuation is rich. Analyst estimates and ratings LNG and reshoring analysis
• Negative Sentiment: A separate Morgan Stanley forecast was characterized as pessimistic, providing a cautionary counterpoint to the recent analyst upgrades. Morgan Stanley forecast

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal 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 transaction 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 represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Stock Down 0.2%

Emerson Electric stock opened at $162.28 on Friday. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $172.00. The stock has a fifty day simple moving average of $157.91 and a two-hundred day simple moving average of $147.61. The company has a current ratio of 0.94, a quick ratio of 0.66 and a debt-to-equity ratio of 0.36. The firm has a market cap of $90.89 billion, a price-to-earnings ratio of 33.95, a PEG ratio of 2.29 and a beta of 1.23.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.85 by $0.01. Emerson Electric had a return on equity of 18.08% and a net margin of 14.15%. The firm had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.11 billion. During the same period in the prior year, the company posted $1.62 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. Equities analysts predict that Emerson Electric Co. will post 7.34 EPS for the current fiscal year.

Emerson Electric Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be given a $0.5950 dividend. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.5550. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.38 dividend on an annualized basis and a yield of 1.5%. Emerson Electric’s payout ratio is presently 46.44%.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company focused on automation. It develops products and systems that help industrial and commercial customers monitor and control operations, including measurement instruments, control systems, valves, actuators, and industrial software.

The company serves customers across industries and regions worldwide. Its portfolio includes technologies for process and factory automation, as well as software used to design, operate, and optimize industrial facilities.

Founded in 1890 and headquartered in St.