Berman McAleer LLC Invests $789,000 in Emerson Electric Co. $EMR

Berman McAleer LLC bought a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 6,012 shares of the industrial products company’s stock, valued at approximately $789,000.

A number of other large investors have also bought and sold shares of EMR. Vanguard Group Inc. boosted its holdings in Emerson Electric by 1.3% in the second quarter. Vanguard Group Inc. now owns 54,129,898 shares of the industrial products company’s stock worth $7,217,139,000 after acquiring an additional 695,105 shares in the last quarter. State Street Corp raised its position in shares of Emerson Electric by 3.0% during the second quarter. State Street Corp now owns 27,053,019 shares of the industrial products company’s stock worth $3,606,979,000 after purchasing an additional 784,987 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Emerson Electric by 75.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,538,402 shares of the industrial products company’s stock worth $1,671,762,000 after purchasing an additional 5,371,585 shares in the last quarter. Geode Capital Management LLC increased its stake in Emerson Electric by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 12,143,357 shares of the industrial products company’s stock valued at $1,610,958,000 after purchasing an additional 89,192 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in Emerson Electric by 19.5% during the second quarter. Nordea Investment Management AB now owns 9,195,005 shares of the industrial products company’s stock worth $1,223,947,000 after buying an additional 1,499,000 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $133.00, for a total transaction of $965,979.00. Following the completion of the transaction, the chief executive officer directly owned 196,292 shares of the company’s stock, valued at approximately $26,106,836. This represents a 3.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

EMR has been the subject of several recent research reports. Barclays boosted their target price on shares of Emerson Electric from $135.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 7th. Evercore ISI started coverage on Emerson Electric in a report on Monday, December 15th. They set an “outperform” rating and a $170.00 price objective for the company. Oppenheimer restated a “market perform” rating on shares of Emerson Electric in a report on Tuesday. TD Cowen downgraded Emerson Electric from a “buy” rating to a “hold” rating and set a $150.00 price target for the company. in a report on Friday, January 9th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Emerson Electric in a report on Wednesday, January 21st. Ten analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $154.76.

Get Our Latest Research Report on Emerson Electric

Emerson Electric Stock Down 2.4%

EMR stock opened at $147.04 on Friday. Emerson Electric Co. has a 1-year low of $90.06 and a 1-year high of $152.50. The stock has a market cap of $82.68 billion, a P/E ratio of 36.40, a P/E/G ratio of 2.44 and a beta of 1.26. The stock’s fifty day simple moving average is $139.49 and its two-hundred day simple moving average is $135.95. The company has a current ratio of 0.88, a quick ratio of 0.65 and a debt-to-equity ratio of 0.41.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.62. Emerson Electric had a net margin of 12.73% and a return on equity of 15.87%. The company had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.91 billion. During the same period in the previous year, the firm earned $1.48 EPS. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. Analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric announced that its Board of Directors has authorized a stock repurchase program on Wednesday, November 5th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the industrial products company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Emerson Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were issued a $0.555 dividend. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. Emerson Electric’s payout ratio is presently 54.95%.

Emerson Electric Company Profile

(Free Report)

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.

See Also

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

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