Abbot Financial Management Inc. Buys Shares of 17,700 Emerson Electric Co. $EMR

Key Points

• Abbot Financial Management acquired 17,700 Emerson Electric shares worth approximately $2.5 million, making EMR about 0.9% of its portfolio. Institutional investors collectively own 74.3% of the stock.
• Analysts maintain a generally positive outlook, with 13 Buy, 10 Hold, and one Sell rating. Emerson has a “Moderate Buy” consensus rating and an average price target of $166.96.
• Emerson exceeded quarterly expectations with $1.71 EPS versus a $1.68 consensus and $4.87 billion in revenue. The company also declared a quarterly dividend of $0.555 per share, representing a 1.4% annualized yield.

Abbot Financial Management Inc. acquired a new stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 17,700 shares of the industrial products company's stock, valued at approximately $2,534,000. Emerson Electric accounts for about 0.9% of Abbot Financial Management Inc.'s portfolio, making the stock its 29th largest holding.

A number of other institutional investors also recently bought and sold shares of EMR. Rooted Wealth Advisors Inc. grew 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 valued at $291,000 after purchasing an additional 64 shares during the period. Institute for Wealth Management LLC. raised its stake in Emerson Electric by 1.6% during the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company's stock worth $603,000 after acquiring an additional 71 shares during the period. Cary Street Partners Investment Advisory LLC lifted its holdings in Emerson Electric by 2.4% during the fourth 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 in the last quarter. Zhang Financial LLC boosted its position in shares of Emerson Electric by 2.7% in the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company's stock worth $384,000 after purchasing an additional 76 shares during the period. Finally, Klingman & Associates LLC increased its stake in shares of Emerson Electric by 1.4% in the fourth quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company's stock worth $754,000 after purchasing an additional 78 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on EMR shares. Barclays raised their price target on Emerson Electric from $140.00 to $144.00 and gave the company an "equal weight" rating in a report on Wednesday, May 6th. Wells Fargo & Company increased their target price on Emerson Electric from $135.00 to $155.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. raised Emerson Electric from a "neutral" rating to an "overweight" rating and set a $157.00 target price on the stock in a research note on Friday, July 17th. Citigroup boosted their price target on Emerson Electric from $174.00 to $182.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Finally, KeyCorp cut their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an "overweight" rating for the company in a report on Monday, July 13th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $166.96.

Insider Buying and Selling

In other 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 value of $1,562,431.50. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.23% of the stock is owned by company insiders.

Emerson Electric Stock Performance

NYSE EMR opened at $163.07 on Monday. 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 1-year low of $122.64 and a 1-year high of $166.35. The business has a 50 day simple moving average of $146.32 and a two-hundred day simple moving average of $143.09. The stock has a market capitalization of $91.33 billion, a PE ratio of 35.68, a P/E/G ratio of 2.43 and a beta of 1.24.

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

Emerson Electric Dividend Announcement

The firm 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 dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric's dividend payout ratio is presently 48.58%.

Emerson Electric Company 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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