OMERS ADMINISTRATION Corp Takes $4.79 Million Position in Emerson Electric Co. $EMR

OMERS ADMINISTRATION Corp acquired a new position in shares of Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 33,477 shares of the industrial products company’s stock, valued at approximately $4,792,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. PensionDanmark Pensionsforsikringsaktieselskab boosted its position in shares of Emerson Electric by 9.4% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock worth $14,563,000 after buying an additional 8,700 shares during the period. BlackRock Inc. purchased a new stake in Emerson Electric in the 2nd quarter worth about $6,193,425,000. Fisher Asset Management LLC boosted its position in 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 worth $954,405,000 after acquiring an additional 928,548 shares during the period. Truist Financial Corp boosted its position in 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 worth $157,294,000 after acquiring an additional 52,440 shares during the period. Finally, Geode Capital Management LLC grew its stake in Emerson Electric by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after acquiring an additional 76,488 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other 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 completion of the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.23% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on EMR shares. Barclays raised their price target on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Daiwa Securities Group cut their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Royal Bank Of Canada lifted their price objective on Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective on the stock in a report on Friday, July 17th. Finally, KeyCorp cut their price target on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Thirteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus target price of $167.39.

Emerson Electric Stock Performance

NYSE:EMR opened at $157.56 on Tuesday. The firm has a market capitalization of $88.25 billion, a PE 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 company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm’s fifty day simple moving average is $148.26 and its 200 day simple moving average is $143.46.

Emerson Electric (NYSE:EMR) last released its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. During the same quarter in the previous year, the business earned $1.52 EPS. The business’s 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 anticipate that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

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

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.