QRG Capital Management Inc. lifted its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 29.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 167,314 shares of the industrial products company’s stock after buying an additional 37,822 shares during the quarter. QRG Capital Management Inc.’s holdings in Emerson Electric were worth $21,948,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently bought and sold shares of EMR. Norges Bank bought a new position in shares of Emerson Electric during the second quarter valued at approximately $918,830,000. JPMorgan Chase & Co. increased its position in Emerson Electric by 75.0% in the second quarter. JPMorgan Chase & Co. now owns 12,538,402 shares of the industrial products company’s stock worth $1,671,762,000 after buying an additional 5,371,585 shares during the period. Schroder Investment Management Group boosted its stake in Emerson Electric by 51.6% during the 2nd quarter. Schroder Investment Management Group now owns 6,346,398 shares of the industrial products company’s stock valued at $846,165,000 after purchasing an additional 2,159,126 shares during the period. Fisher Asset Management LLC raised its stake in Emerson Electric by 43.0% during the 2nd quarter. Fisher Asset Management LLC now owns 5,193,448 shares of the industrial products company’s stock valued at $692,442,000 after acquiring an additional 1,561,600 shares in the last quarter. Finally, Nordea Investment Management AB lifted its holdings in Emerson Electric by 19.5% in the second quarter. Nordea Investment Management AB now owns 9,195,005 shares of the industrial products company’s stock worth $1,223,947,000 after purchasing an additional 1,499,000 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.
Insider Activity
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total value of $965,979.00. Following the sale, the chief executive officer owned 196,292 shares of the company’s stock, valued at $26,106,836. The trade was a 3.57% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.23% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on Emerson Electric
Emerson Electric Trading Up 1.0%
Shares of EMR stock opened at $149.47 on Friday. The business’s 50 day moving average is $135.41 and its two-hundred day moving average is $135.25. The company has a quick ratio of 0.65, a current ratio of 0.88 and a debt-to-equity ratio of 0.41. Emerson Electric Co. has a 12 month low of $90.06 and a 12 month high of $151.34. The company has a market cap of $84.05 billion, a PE ratio of 37.00, a price-to-earnings-growth ratio of 2.40 and a beta of 1.26.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its earnings results on Wednesday, November 5th. The industrial products company reported $1.62 EPS for the quarter, hitting the consensus estimate of $1.62. Emerson Electric had a net margin of 12.73% and a return on equity of 15.87%. The firm had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.91 billion. During the same quarter last year, the firm posted $1.48 EPS. The business’s quarterly revenue was up 5.1% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. Equities analysts predict that Emerson Electric Co. will post 5.96 EPS for the current year.
Emerson Electric announced that its Board of Directors has approved a share repurchase plan on Wednesday, November 5th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the industrial products company to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.
Emerson Electric Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were given a $0.555 dividend. The ex-dividend date was Friday, November 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s dividend payout ratio is 54.95%.
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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