28,691 Shares in Emerson Electric Co. $EMR Bought by Keebeck Wealth Management

Keebeck Wealth Management bought a new stake in Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 28,691 shares of the industrial products company’s stock, valued at approximately $4,107,000.

Several other hedge funds have also modified their holdings of EMR. Blue Capital Inc. purchased a new position in shares of Emerson Electric in the 2nd quarter worth approximately $366,000. Keating Financial Advisory Services Inc. purchased a new stake in Emerson Electric during the second quarter valued at approximately $90,000. OneAscent Financial Services LLC acquired a new stake in Emerson Electric in the second quarter valued at approximately $562,000. Allworth Financial LP acquired a new position in shares of Emerson Electric during the second quarter worth $3,515,000. Finally, B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Emerson Electric during the 2nd quarter valued at $9,948,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Stock Performance

Shares of EMR stock opened at $157.21 on Friday. The business has a fifty day moving average of $148.04 and a 200 day moving average of $143.46. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The firm has a market capitalization of $88.05 billion, a price-to-earnings ratio of 34.40, a price-to-earnings-growth ratio of 2.30 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share 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 the consensus estimate of $4.80 billion. During the same quarter in the previous year, the business earned $1.52 EPS. The company’s quarterly 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. As a group, research analysts expect that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors 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 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s dividend payout ratio is currently 48.58%.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. DA Davidson assumed coverage on Emerson Electric in a research note on Tuesday, June 16th. They set a “neutral” rating and a $145.00 target price on the stock. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target for the company in a report on Friday, July 17th. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. BNP Paribas Exane upped their price objective on shares of Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Finally, Rothschild & Co Redburn boosted their target price on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Thirteen equities 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 MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $166.96.

Emerson Electric 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.