Werlinich Asset Management LLC Purchases Shares of 5,491 Emerson Electric Co. $EMR

Werlinich Asset Management LLC purchased a new position in Emerson Electric Co. (NYSE:EMR) in the second quarter, HoldingsChannel reports. The institutional investor purchased 5,491 shares of the industrial products company’s stock, valued at approximately $786,000.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Emerson Electric in the 2nd quarter valued at $6,193,425,000. Bank of America Corp DE acquired a new stake in Emerson Electric during the 2nd quarter worth about $2,629,146,000. Norges Bank purchased a new stake in Emerson Electric during the 4th quarter valued at about $1,050,040,000. Bank of New York Mellon Corp acquired a new position in shares of Emerson Electric in the second quarter valued at about $659,000,000. Finally, Legal & General Group Plc purchased a new position in shares of Emerson Electric in the second quarter worth about $613,846,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EMR has been the subject of a number of research reports. KeyCorp decreased their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Rothschild & Co Redburn raised their price target on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Royal Bank Of Canada lifted their price objective on shares of Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Citigroup upped their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Morgan Stanley increased their price objective on shares of Emerson Electric from $125.00 to $135.00 and gave the stock an “underweight” rating in a research note on Friday, August 28th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $167.83.

Insider Activity

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

Emerson Electric Stock Up 0.7%

Shares of EMR opened at $150.00 on Friday. The company has a market capitalization of $84.02 billion, a price-to-earnings ratio of 32.82, a PEG ratio of 2.24 and a beta of 1.24. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. The stock’s 50-day moving average price is $149.16 and its 200-day moving average price is $143.38. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last announced 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 company had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same period last year, the business earned $1.52 earnings per share. Emerson Electric’s quarterly revenue was up .0% on a year-over-year basis. 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, sell-side analysts predict that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s payout ratio is 48.58%.

About Emerson Electric

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.