Mill Capital Management LLC Takes Position in Emerson Electric Co. $EMR

Mill Capital Management LLC purchased a new stake in Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 12,632 shares of the industrial products company’s stock, valued at approximately $1,808,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in Emerson Electric in the fourth quarter valued at $1,050,040,000. Bank of America Corp DE boosted its stake in shares of Emerson Electric by 13.1% during the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after buying an additional 2,302,055 shares during the period. Janus Henderson Group PLC grew its holdings in shares of Emerson Electric by 95.7% during the first quarter. Janus Henderson Group PLC now owns 2,207,707 shares of the industrial products company’s stock worth $289,262,000 after buying an additional 1,079,665 shares during the last quarter. Bank of New York Mellon Corp increased its position in Emerson Electric by 17.8% in the 4th quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock valued at $822,618,000 after acquiring an additional 938,051 shares during the period. Finally, Fisher Asset Management LLC raised its stake in Emerson Electric by 14.8% during the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after acquiring an additional 928,548 shares during the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Trading Down 0.7%

Shares of Emerson Electric stock opened at $163.07 on Friday. The company has a 50-day moving average of $146.32 and a two-hundred day moving average of $143.14. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $166.35. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The stock has a market cap of $91.33 billion, a PE ratio of 35.68, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping 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 business had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter in the prior year, the firm posted $1.52 EPS. The company’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, research analysts anticipate 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 issued a $0.555 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 annualized dividend and a yield of 1.4%. Emerson Electric’s dividend payout ratio is 48.58%.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s 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 completion of the transaction, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.23% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

EMR has been the topic of several analyst reports. BMO Capital Markets lifted their target price on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. KeyCorp decreased their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Stephens boosted their price objective on shares of Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Finally, Rothschild & Co Redburn upped their price objective on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $166.96.

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.