Orca Investment Management LLC acquired a new stake in Emerson Electric Co. (NYSE:EMR – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,031 shares of the industrial products company’s stock, valued at approximately $577,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of EMR. Brighton Jones LLC raised its position in shares of Emerson Electric by 74.1% during the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after acquiring an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Emerson Electric in the 1st quarter worth $232,000. Caxton Associates LLP acquired a new stake in shares of Emerson Electric during the first quarter worth $275,000. Sivia Capital Partners LLC bought a new stake in Emerson Electric in the second quarter valued at about $203,000. Finally, Jump Financial LLC lifted its stake in Emerson Electric by 121.5% in the second quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock valued at $1,406,000 after buying an additional 5,783 shares during the period. 74.30% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a report on Friday, July 17th. HSBC upped their price target on Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Daiwa Securities Group decreased their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Finally, Citigroup upped their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $166.96.
Emerson Electric Stock Down 0.1%
NYSE:EMR opened at $163.07 on Monday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The stock has a 50-day moving average price of $146.32 and a two-hundred day moving average price of $143.09. The stock has a market cap of $91.33 billion, a price-to-earnings ratio of 35.68, a PEG ratio of 2.43 and a beta of 1.24. 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 released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping 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 for 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. As a group, equities analysts expect that Emerson Electric Co. will post 6.55 earnings per share for the current year.
Emerson Electric Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be paid 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 payout ratio is presently 48.58%.
Insiders Place Their Bets
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 shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.23% of the company’s stock.
Emerson Electric Company 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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