15,579 Emerson Electric Co. $EMR Shares Bought by Prime Capital Investment Advisors LLC

Key Points

• Prime Capital Investment Advisors increased its Emerson Electric stake by 41.2% in the third quarter, acquiring 15,579 shares and bringing its total holdings to 53,409 shares valued at approximately $8.28 million.
• Emerson reported quarterly EPS of $1.71, exceeding the $1.68 analyst consensus, while revenue reached $4.87 billion versus estimates of $4.80 billion. The company also maintains a $2.22 annualized dividend, yielding about 1.4%.
• Analysts have a consensus “Moderate Buy” rating and an average price target of $172.17, compared with the stock’s reported price of $160.31; however, CEO Surendralal Karsanbhai sold 9,650 shares in August.

Prime Capital Investment Advisors LLC increased its stake in Emerson Electric Co. (NYSE:EMR - Free Report) by 41.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,409 shares of the industrial products company's stock after acquiring an additional 15,579 shares during the quarter. Prime Capital Investment Advisors LLC's holdings in Emerson Electric were worth $8,284,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Allied Private Wealth LLC acquired a new stake in Emerson Electric in the second quarter worth $27,000. Orion Capital Management LLC acquired a new position in shares of Emerson Electric during the second quarter valued at about $29,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Emerson Electric during the second quarter valued at about $30,000. MidFirst Bank bought a new position in shares of Emerson Electric during the 2nd quarter worth about $31,000. Finally, Fiduciary Financial Advisors bought a new position in shares of Emerson Electric during the 2nd quarter worth about $31,000. Institutional investors and hedge funds own 74.30% of the company's stock.

Emerson Electric Price Performance

Shares of NYSE:EMR opened at $160.31 on Wednesday. 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 stock has a market cap of $89.79 billion, a PE ratio of 25.36, a price-to-earnings-growth ratio of 2.20 and a beta of 1.21. The stock's fifty day simple moving average is $156.26 and its two-hundred day simple moving average is $147.33. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business's revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.52 EPS. 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, analysts forecast that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were given a $0.5550 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.22 annualized dividend and a yield of 1.4%. Emerson Electric's payout ratio is currently 48.58%.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the business's stock in a transaction dated 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.23% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. Wells Fargo & Company started coverage on Emerson Electric in a research report on Friday, September 25th. They issued an "overweight" rating and a $177.00 target price for the company. Morgan Stanley upped their price target on Emerson Electric from $135.00 to $145.00 and gave the stock an "underweight" rating in a research note on Monday. BNP Paribas Exane increased their price target on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. TD Cowen raised their price objective on Emerson Electric from $150.00 to $170.00 and gave the company a "hold" rating in a research note on Friday, September 25th. Finally, Rothschild & Co Redburn raised their price objective on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $172.17.

Emerson Electric Profile

Emerson Electric Co NYSE: EMR is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.

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