Madison Asset Management LLC purchased a new position in Emerson Electric Co. (NYSE:EMR – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 36,893 shares of the industrial products company’s stock, valued at approximately $5,281,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Csenge Advisory Group purchased a new stake in Emerson Electric during the 2nd quarter valued at about $314,000. AssuredPartners Investment Advisors LLC acquired a new position in shares of Emerson Electric during the 2nd quarter worth approximately $1,532,000. Johnson Financial Group Inc. acquired a new position in shares of Emerson Electric during the 2nd quarter worth approximately $1,359,000. Tocqueville Asset Management L.P. purchased a new stake in shares of Emerson Electric in the second quarter valued at approximately $41,867,000. Finally, Addison Advisors LLC acquired a new stake in shares of Emerson Electric in the second quarter valued at approximately $74,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the company. KeyCorp lowered their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Rothschild & Co Redburn lifted their price target on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. BNP Paribas Exane boosted their price target on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. BMO Capital Markets raised their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Finally, Stephens boosted their target price on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and an average target price of $166.96.
Emerson Electric Stock Down 1.7%
Shares of NYSE:EMR opened at $154.93 on Friday. The company has a market capitalization of $86.78 billion, a price-to-earnings ratio of 33.90, a PEG ratio of 2.34 and a beta of 1.24. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $166.35. The business has a 50-day moving average price of $147.76 and a 200 day moving average price of $143.36. 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 (NYSE:EMR – Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $4.80 billion. During the same quarter last year, the firm posted $1.52 earnings per share. Emerson Electric’s 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. Sell-side analysts expect that Emerson Electric Co. will post 6.55 EPS for the current year.
Emerson Electric Dividend Announcement
The business also recently announced 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 dividend payout ratio (DPR) is 48.58%.
Insider Buying and Selling
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 transaction of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is owned by company insiders.
Emerson Electric Profile
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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