State Street Corp Grows Stock Holdings in Emerson Electric Co. $EMR

State Street Corp raised its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 1.5% during the second quarter, HoldingsChannel.com reports. The firm owned 27,678,497 shares of the industrial products company’s stock after buying an additional 403,957 shares during the period. State Street Corp’s holdings in Emerson Electric were worth $3,962,177,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in EMR. Security National Bank of SO Dak purchased a new stake in Emerson Electric in the second quarter valued at about $172,000. Anchor Investment Management LLC increased its holdings in shares of Emerson Electric by 2.5% during the second quarter. Anchor Investment Management LLC now owns 32,196 shares of the industrial products company’s stock valued at $4,609,000 after acquiring an additional 799 shares in the last quarter. Tortoise Investment Management LLC increased its holdings in shares of Emerson Electric by 5.3% during the second quarter. Tortoise Investment Management LLC now owns 3,916 shares of the industrial products company’s stock valued at $561,000 after acquiring an additional 196 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Emerson Electric by 16.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 35,733 shares of the industrial products company’s stock valued at $5,115,000 after purchasing an additional 5,053 shares during the last quarter. Finally, Tidal Investments LLC grew its position in Emerson Electric by 12.4% during the 2nd quarter. Tidal Investments LLC now owns 112,536 shares of the industrial products company’s stock worth $16,110,000 after purchasing an additional 12,436 shares during the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Sanford C. Bernstein raised their price target on shares of Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Stephens boosted their price objective on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. KeyCorp cut their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Royal Bank Of Canada lifted their price target on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, HSBC increased their price objective on Emerson Electric from $170.00 to $180.00 in a 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 assigned a Sell rating to the company. According to data from MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and an average price target of $167.83.

Emerson Electric Stock Performance

NYSE EMR traded up $1.89 during mid-day trading on Tuesday, reaching $153.60. 548,710 shares of the stock were exchanged, compared to its average volume of 2,976,348. The company has a market capitalization of $86.03 billion, a P/E ratio of 33.65, a P/E/G ratio of 2.25 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The business’s 50 day moving average is $151.64 and its 200-day moving average is $143.41. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.52 earnings per share. 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 research analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were issued a $0.555 dividend. The ex-dividend date of this dividend was 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 presently 48.58%.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer owned 271,743 shares in the company, 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 document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

About Emerson Electric

Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.