Emerson Electric Co. $EMR Shares Sold by Flputnam Investment Management Co.

Flputnam Investment Management Co. reduced its position in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 51.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 76,532 shares of the industrial products company’s stock after selling 79,590 shares during the period. Flputnam Investment Management Co.’s holdings in Emerson Electric were worth $10,956,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in EMR. Northwestern Mutual Wealth Management Co. lifted its position in shares of Emerson Electric by 2.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 468,029 shares of the industrial products company’s stock valued at $66,998,000 after acquiring an additional 10,759 shares in the last quarter. Wedbush Securities Inc. raised its stake in Emerson Electric by 5.1% in the 2nd quarter. Wedbush Securities Inc. now owns 26,187 shares of the industrial products company’s stock valued at $3,749,000 after purchasing an additional 1,281 shares during the last quarter. Greenwood Capital Associates LLC raised its stake in Emerson Electric by 1.3% in the 2nd quarter. Greenwood Capital Associates LLC now owns 29,201 shares of the industrial products company’s stock valued at $4,180,000 after purchasing an additional 364 shares during the last quarter. Greenleaf Trust lifted its holdings in Emerson Electric by 0.9% in the 2nd quarter. Greenleaf Trust now owns 24,631 shares of the industrial products company’s stock valued at $3,526,000 after purchasing an additional 218 shares in the last quarter. Finally, New Mexico Educational Retirement Board boosted its stake in Emerson Electric by 6.5% during the 2nd quarter. New Mexico Educational Retirement Board now owns 27,950 shares of the industrial products company’s stock worth $4,001,000 after purchasing an additional 1,700 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Down 1.5%

EMR stock opened at $155.37 on Friday. The firm has a market cap of $87.02 billion, a PE ratio of 34.00, a PEG ratio of 2.31 and a beta of 1.24. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. 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 firm’s 50 day moving average price is $148.79 and its 200-day moving average price is $143.58.

Emerson Electric (NYSE:EMRGet Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping 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 quarter last year, the firm earned $1.52 earnings per share. The firm’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. On average, equities research analysts anticipate that Emerson Electric Co. will post 6.54 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s payout ratio is 48.58%.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated 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 sale, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on EMR shares. HSBC increased their target price on shares of Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. BNP Paribas Exane upped their price objective on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Royal Bank Of Canada increased their price objective on shares of Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Stephens raised their target price on shares of Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Finally, Barclays upped their price target on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $167.83.

Read Our Latest Stock Report on EMR

Emerson Electric Profile

(Free Report)

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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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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