Sanctuary Advisors LLC purchased a new stake in Emerson Electric Co. (NYSE:EMR – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 260,093 shares of the industrial products company’s stock, valued at approximately $37,232,000.
Several other large investors have also recently bought and sold shares of the stock. Rooted Wealth Advisors Inc. increased its holdings in Emerson Electric by 3.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after buying an additional 64 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in Emerson Electric by 2.4% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after purchasing an additional 72 shares during the last quarter. Zhang Financial LLC increased its position in Emerson Electric by 2.7% during the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after buying an additional 76 shares during the last quarter. Root Financial Partners LLC raised its stake in Emerson Electric by 3.6% in the fourth quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company’s stock valued at $296,000 after buying an additional 78 shares during the period. Finally, REAP Financial Group LLC lifted its position in shares of Emerson Electric by 4.4% in the fourth quarter. REAP Financial Group LLC now owns 1,892 shares of the industrial products company’s stock valued at $251,000 after buying an additional 79 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’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 owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is currently owned by company insiders.
Emerson Electric Stock Down 0.0%
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 net margin of 13.83% and a return on equity of 17.58%. The business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same period last year, the firm earned $1.52 earnings per share. Emerson Electric’s revenue for the quarter 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. On average, equities analysts expect that Emerson Electric Co. will post 6.55 EPS for the current 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 paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s payout ratio is 48.58%.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the company. Barclays boosted their target price on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. HSBC lifted their price objective on shares of Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Stephens increased their price objective on shares of Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. KeyCorp cut their target price on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Finally, Rothschild & Co Redburn upped their price target on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. 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. According to MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and a consensus price target of $166.96.
View Our Latest Research Report on EMR
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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