4,288,134 Shares in Emerson Electric Co. $EMR Bought by Legal & General Group Plc

Key Points

• Legal & General Group Plc acquired 4.29 million Emerson Electric shares worth approximately $613.8 million, giving it a 0.77% stake. Institutional investors and hedge funds collectively own 74.3% of the company.
• Emerson reported quarterly EPS of $1.71, beating estimates by $0.03, while revenue reached $4.87 billion versus the $4.80 billion consensus. The company maintained fiscal 2026 EPS guidance of $6.55.
• Shares opened at $157.56, while analysts maintained a “Moderate Buy” consensus with an average price target of $167.39. Emerson also declared a quarterly dividend of $0.555 per share, implying a 1.4% annualized yield.

Legal & General Group Plc acquired a new position in Emerson Electric Co. (NYSE:EMR - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The fund acquired 4,288,134 shares of the industrial products company's stock, valued at approximately $613,846,000. Legal & General Group Plc owned approximately 0.77% of Emerson Electric at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of EMR. Basso Capital Management L.P. acquired a new position in shares of Emerson Electric in the fourth quarter worth about $25,000. Allied Private Wealth LLC purchased a new stake in Emerson Electric during the 2nd quarter worth approximately $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Emerson Electric in the 4th quarter valued at approximately $27,000. Motiv8 Investments LLC purchased a new position in shares of Emerson Electric during the 4th quarter valued at approximately $27,000. Finally, Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Emerson Electric during the second quarter worth approximately $30,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca 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 transaction of $1,562,431.50. Following the completion of the transaction, the chief executive officer directly owned 271,743 shares of the company's stock, valued at $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

Emerson Electric Stock Up 0.2%

Shares of Emerson Electric stock opened at $157.56 on Tuesday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The stock has a market capitalization of $88.25 billion, a price-to-earnings ratio of 34.48, a PEG ratio of 2.34 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. The business's 50 day simple moving average is $148.26 and its 200-day simple moving average is $143.46.

Emerson Electric (NYSE:EMR - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm's revenue was up .0% on a year-over-year basis. During the same period in the prior year, the business earned $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. Equities research analysts forecast that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a $0.555 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 is Friday, August 14th. Emerson Electric's dividend payout ratio (DPR) is 48.58%.

Analysts Set New Price Targets

Several analysts recently issued reports on EMR shares. Wells Fargo & Company upped their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the company an "equal weight" rating in a report on Thursday, May 7th. Barclays raised their price objective on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 6th. Weiss Ratings restated a "hold (c+)" rating on shares of Emerson Electric in a research note on Friday, July 31st. Daiwa Securities Group reduced their price target on shares of Emerson Electric from $177.00 to $156.00 and set an "outperform" rating on the stock in a research report on Friday, May 15th. Finally, Stephens lifted their price target on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Emerson Electric currently has a consensus rating of "Moderate Buy" and an average target price of $167.39.

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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