Corient Private Wealth LP purchased a new stake in Emerson Electric Co. (NYSE:EMR – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 906,855 shares of the industrial products company’s stock, valued at approximately $129,817,000. Corient Private Wealth LP owned approximately 0.16% of Emerson Electric at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in EMR. Rooted Wealth Advisors Inc. boosted its holdings in Emerson Electric by 3.0% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after acquiring an additional 64 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Emerson Electric by 2.4% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after acquiring an additional 72 shares in the last quarter. Zhang Financial LLC increased its holdings in shares of Emerson Electric by 2.7% during the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock valued at $384,000 after acquiring an additional 76 shares in the last quarter. Root Financial Partners LLC raised its position in shares of Emerson Electric by 3.6% during the fourth quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company’s stock worth $296,000 after purchasing an additional 78 shares during the period. Finally, REAP Financial Group LLC lifted its holdings in shares of Emerson Electric by 4.4% in the 4th quarter. REAP Financial Group LLC now owns 1,892 shares of the industrial products company’s stock worth $251,000 after purchasing an additional 79 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have commented on EMR shares. Wells Fargo & Company boosted their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Barclays raised their price objective on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. BMO Capital Markets boosted their target price on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Citigroup upped their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, HSBC raised their price target on shares of Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $167.39.
Emerson Electric Price Performance
Shares of NYSE:EMR opened at $158.30 on Thursday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year 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 $88.66 billion, a PE ratio of 34.64, a price-to-earnings-growth ratio of 2.30 and a beta of 1.24. The stock’s fifty day simple moving average is $148.57 and its two-hundred day simple moving average is $143.49.
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings results 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. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same period last year, the firm earned $1.52 earnings per share. The firm’s 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. As a group, analysts forecast that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is presently 48.58%.
Insiders Place Their Bets
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’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 represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.23% of the company’s stock.
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.
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