Emerson Electric Co. $EMR Shares Sold by Vest Financial LLC

Vest Financial LLC reduced its stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 2.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 353,768 shares of the industrial products company’s stock after selling 10,647 shares during the quarter. Vest Financial LLC’s holdings in Emerson Electric were worth $50,642,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Rooted Wealth Advisors Inc. grew its stake in shares of Emerson Electric by 3.0% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after purchasing an additional 64 shares during the period. Institute for Wealth Management LLC. lifted its stake in shares of Emerson Electric by 1.6% in the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after purchasing an additional 71 shares during the period. Cary Street Partners Investment Advisory LLC boosted its holdings in 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 worth $411,000 after buying an additional 72 shares in the last quarter. Zhang Financial LLC grew its position in 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 buying an additional 76 shares during the period. Finally, Klingman & Associates LLC increased its holdings in Emerson Electric by 1.4% in the fourth quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock valued at $754,000 after buying an additional 78 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on EMR shares. BMO Capital Markets upped their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Citigroup lifted their price target on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target for the company in a report on Friday, July 17th. Daiwa Securities Group dropped their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Finally, Sanford C. Bernstein upped their target price on Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a research note on Friday. Thirteen equities 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’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $166.96.

Get Our Latest Research Report on Emerson Electric

Emerson Electric Trading Down 0.7%

Shares of Emerson Electric stock opened at $163.07 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The firm has a market capitalization of $91.33 billion, a PE ratio of 35.68, a P/E/G ratio of 2.43 and a beta of 1.24. The firm’s 50-day moving average price is $146.32 and its 200 day moving average price is $143.14.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 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 analyst estimates of $4.80 billion. During the same period in the previous year, the business earned $1.52 EPS. 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 fiscal year.

Emerson Electric Announces Dividend

The company 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 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s payout ratio is presently 48.58%.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’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 transaction, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.

About Emerson Electric

(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.

Further Reading

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.