Manning & Napier Advisors LLC Acquires New Holdings in Emerson Electric Co. $EMR

Manning & Napier Advisors LLC bought a new position in Emerson Electric Co. (NYSE:EMR) in the second quarter, HoldingsChannel.com reports. The fund bought 49,942 shares of the industrial products company’s stock, valued at approximately $7,149,000.

Several other large investors also recently modified their holdings of the company. PensionDanmark Pensionsforsikringsaktieselskab lifted its position in Emerson Electric by 9.4% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock valued at $14,563,000 after purchasing an additional 8,700 shares in the last quarter. BlackRock Inc. bought a new position in shares of Emerson Electric in the second quarter worth about $6,193,425,000. Fisher Asset Management LLC lifted its position in shares of Emerson Electric by 14.8% during the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after buying an additional 928,548 shares in the last quarter. Truist Financial Corp grew its stake in shares of Emerson Electric by 4.6% during the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock valued at $157,294,000 after acquiring an additional 52,440 shares during the period. Finally, Legal & General Group Plc increased its holdings in Emerson Electric by 2.1% in the 4th quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock worth $546,072,000 after acquiring an additional 84,064 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Performance

NYSE:EMR opened at $157.56 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The company has a market cap of $88.25 billion, a price-to-earnings ratio of 34.48, a PEG ratio of 2.34 and a beta of 1.24. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The stock’s 50 day simple moving average is $148.26 and its two-hundred day simple moving average is $143.46.

Emerson Electric (NYSE:EMR) last posted its 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. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the firm posted $1.52 earnings per share. 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, equities analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The business 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 $0.555 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.22 annualized dividend and a yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. HSBC upped their target price on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Barclays raised their price target on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. BNP Paribas Exane increased their target price on Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada lifted their target price on Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Thirteen investment 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $167.39.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction that occurred 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 sale, 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 sale was disclosed in a document filed with the SEC, which is available at this link. 0.23% of the stock is currently owned by company insiders.

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.