Summit Global Investments Sells 57,333 Shares of Emerson Electric Co. $EMR

Summit Global Investments reduced its position in shares of Emerson Electric Co. (NYSE:EMR) by 95.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,582 shares of the industrial products company’s stock after selling 57,333 shares during the period. Summit Global Investments’ holdings in Emerson Electric were worth $339,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of Emerson Electric by 1.7% in the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,338 shares of the industrial products company’s stock valued at $578,000 after acquiring an additional 71 shares in the last quarter. Jag Capital Management LLC boosted its position in Emerson Electric by 1.9% in the second quarter. Jag Capital Management LLC now owns 3,954 shares of the industrial products company’s stock worth $527,000 after purchasing an additional 72 shares during the last quarter. Beacon Financial Advisory LLC grew its stake in Emerson Electric by 2.9% in the 2nd quarter. Beacon Financial Advisory LLC now owns 2,769 shares of the industrial products company’s stock valued at $369,000 after purchasing an additional 77 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Emerson Electric by 3.5% during the 3rd quarter. Revolve Wealth Partners LLC now owns 2,308 shares of the industrial products company’s stock valued at $303,000 after purchasing an additional 79 shares during the last quarter. Finally, Atlas Legacy Advisors LLC raised its stake in shares of Emerson Electric by 2.1% during the 3rd quarter. Atlas Legacy Advisors LLC now owns 3,921 shares of the industrial products company’s stock worth $514,000 after purchasing an additional 79 shares during the period. 74.30% of the stock is owned by institutional investors.

Emerson Electric Trading Down 2.4%

Shares of EMR stock opened at $147.04 on Monday. The stock has a market capitalization of $82.68 billion, a price-to-earnings ratio of 36.40, a PEG ratio of 2.38 and a beta of 1.26. The company’s fifty day simple moving average is $139.49 and its two-hundred day simple moving average is $135.89. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $152.50. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.88 and a quick ratio of 0.65.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share for the quarter, meeting the consensus estimate of $1.62. The company had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.91 billion. Emerson Electric had a return on equity of 15.87% and a net margin of 12.73%.The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.48 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. As a group, analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric declared that its board has authorized a stock repurchase program on Wednesday, November 5th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the industrial products company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Emerson Electric Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were issued a $0.555 dividend. The ex-dividend date of this dividend was Friday, November 14th. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. Emerson Electric’s payout ratio is currently 54.95%.

Insider Buying and Selling

In related news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total transaction of $965,979.00. Following the sale, the chief executive officer owned 196,292 shares of the company’s stock, valued at approximately $26,106,836. This represents a 3.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on EMR shares. Jefferies Financial Group raised their price objective on shares of Emerson Electric from $145.00 to $150.00 and gave the stock a “hold” rating in a report on Thursday, January 15th. Oppenheimer restated a “market perform” rating on shares of Emerson Electric in a research note on Tuesday, January 27th. Royal Bank Of Canada dropped their price objective on Emerson Electric from $155.00 to $153.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. Wolfe Research raised their target price on Emerson Electric from $168.00 to $172.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Finally, JPMorgan Chase & Co. upped their price target on Emerson Electric from $150.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Ten investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $154.76.

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.