SFE Investment Counsel purchased a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,324 shares of the industrial products company’s stock, valued at approximately $1,048,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric during the 4th quarter worth $25,000. Allied Private Wealth LLC acquired a new position in Emerson Electric in the second quarter valued at about $27,000. IFC & Insurance Marketing Inc. bought a new stake in Emerson Electric during the fourth quarter worth about $27,000. Motiv8 Investments LLC bought a new stake in Emerson Electric during the fourth quarter worth about $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in Emerson Electric during the fourth quarter worth about $29,000. 74.30% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Emerson Electric
In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.
Emerson Electric Stock Performance
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the prior year, the company earned $1.52 EPS. Emerson Electric’s revenue was up .0% compared to the same quarter last year. 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, equities analysts expect that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be given a $0.555 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.22 annualized dividend and a yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.
Analyst Ratings Changes
Several equities analysts have recently commented on the stock. Wells Fargo & Company boosted their target price on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. upgraded shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target on the stock in a research report on Friday, July 17th. HSBC lifted their price objective on shares of Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. DA Davidson started coverage on Emerson Electric in a report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 target price on the stock. Finally, Sanford C. Bernstein lifted their price target on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research note on Friday. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus price target of $166.96.
Read Our Latest Research Report on EMR
Emerson Electric Company Profile
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.
Featured Stories
- Five stocks we like better than Emerson Electric
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.
