33,800 Emerson Electric Co. $EMR Shares Sold by Willis Investment Counsel

Key Points

• Willis Investment Counsel cut its Emerson Electric position by 24.3%, selling 33,800 shares and retaining 105,400 shares valued at approximately $16.35 million. Institutional investors collectively own 74.3% of EMR.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $172.17, compared with the reported trading price of $159.34.
• Emerson Electric exceeded quarterly earnings and revenue expectations, reporting $1.71 in EPS on $4.87 billion in revenue, and recently paid a quarterly dividend of $0.555 per share, equivalent to a 1.4% annual yield.

Willis Investment Counsel reduced its position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 24.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,400 shares of the industrial products company's stock after selling 33,800 shares during the period. Willis Investment Counsel's holdings in Emerson Electric were worth $16,348,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in EMR. BlackRock Inc. purchased a new stake in shares of Emerson Electric in the 2nd quarter valued at about $6,193,425,000. Bank of America Corp DE purchased a new position in shares of Emerson Electric during the second quarter worth about $2,629,146,000. Bank of New York Mellon Corp bought a new position in shares of Emerson Electric in the second quarter worth approximately $659,000,000. Legal & General Group Plc bought a new position in shares of Emerson Electric in the second quarter worth approximately $613,846,000. Finally, Jupiter Topco LLC purchased a new stake in Emerson Electric in the second quarter valued at approximately $260,485,000. Institutional investors own 74.30% of the company's stock.

Wall Street Analyst Weigh In

EMR has been the subject of a number of research reports. Weiss Ratings raised shares of Emerson Electric from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, October 8th. Stephens increased their price target on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. KeyCorp lowered their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an "overweight" rating on the stock in a research report on Monday, July 13th. TD Cowen lifted their price objective on shares of Emerson Electric from $150.00 to $170.00 and gave the stock a "hold" rating in a report on Friday, September 25th. Finally, Sanford C. Bernstein increased their target price on Emerson Electric from $169.00 to $186.00 and gave the company an "outperform" rating in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $172.17.

Insider Transactions at Emerson Electric

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm'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 transaction, the chief executive officer directly 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 through the SEC website. 0.23% of the stock is currently owned by insiders.

Emerson Electric Price Performance

NYSE EMR traded down $1.20 on Tuesday, reaching $159.34. 1,350,312 shares of the company's stock traded hands, compared to its average volume of 2,947,014. The stock has a market cap of $89.25 billion, a PE ratio of 34.85, a P/E/G ratio of 2.22 and a beta of 1.21. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $166.35. The stock has a 50-day simple moving average of $156.34 and a 200 day simple moving average of $147.13.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the previous year, the firm posted $1.52 earnings per share. The firm's revenue for the quarter 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. As a group, research analysts predict that Emerson Electric Co. will post 6.56 earnings per share for the current year.

Emerson Electric Announces Dividend

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

Emerson Electric Company 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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