Mitsubishi UFJ Asset Management Co. Ltd. Takes Position in Emerson Electric Co. $EMR

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,404,816 shares of the industrial products company’s stock, valued at approximately $201,099,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Basso Capital Management L.P. purchased a new position in shares of Emerson Electric during the fourth quarter worth approximately $25,000. Allied Private Wealth LLC purchased a new stake in shares of Emerson Electric in the 2nd quarter valued at $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of Emerson Electric during the 4th quarter valued at $27,000. Motiv8 Investments LLC purchased a new position in Emerson Electric in the 4th quarter worth $27,000. Finally, Ares Financial Consulting LLC bought a new stake in Emerson Electric in the fourth quarter worth $29,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Down 0.7%

NYSE EMR opened at $162.06 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The stock has a market cap of $90.77 billion, a P/E ratio of 35.46, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24. The stock has a 50 day simple moving average of $146.78 and a two-hundred day simple moving average of $143.19.

Emerson Electric (NYSE:EMRGet Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $4.80 billion. During the same quarter in the prior year, the company earned $1.52 earnings per share. The firm’s revenue for the quarter 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, analysts forecast that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Dividend Announcement

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

Insider Activity at Emerson Electric

In other 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 sale, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on EMR shares. BMO Capital Markets raised their price objective on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Citigroup increased their target price on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Barclays raised their price target on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Stephens boosted their price objective on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Finally, DA Davidson started coverage on Emerson Electric in a research note on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price objective for the company. Thirteen 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $166.96.

View Our Latest Report on Emerson Electric

Emerson Electric Company 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.

See Also

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

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