ABN AMRO Bank N.V. Makes New Investment in Emerson Electric Co. $EMR

Key Points

• ABN AMRO Bank initiated a position in Emerson Electric during the second quarter, purchasing 7,479 shares valued at approximately $1.07 million. Institutional investors collectively own 74.30% of the company.
• Analysts maintain a favorable outlook, with 13 Buy, 10 Hold and one Sell rating, producing a consensus “Moderate Buy” rating and a $166.96 price target.
• Emerson beat quarterly expectations with adjusted earnings of $1.71 per share and revenue of $4.87 billion. The company also declared a quarterly dividend of $0.555 per share, representing a 1.4% annualized yield.

ABN AMRO Bank N.V. acquired a new stake in Emerson Electric Co. (NYSE:EMR - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,479 shares of the industrial products company's stock, valued at approximately $1,069,000.

A number of other hedge funds have also recently made changes to their positions in the business. PensionDanmark Pensionsforsikringsaktieselskab lifted its position in Emerson Electric by 9.4% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company's stock valued at $14,563,000 after purchasing an additional 8,700 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of Emerson Electric by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company's stock worth $954,405,000 after buying an additional 928,548 shares in the last quarter. Truist Financial Corp increased its holdings in shares of Emerson Electric by 4.6% in the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company's stock worth $157,294,000 after buying an additional 52,440 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Emerson Electric by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company's stock valued at $1,628,638,000 after buying an additional 76,488 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Emerson Electric by 2.1% in the 4th quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company's stock valued at $546,072,000 after acquiring an additional 84,064 shares during the last quarter. Institutional investors own 74.30% of the company's stock.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business's stock in a transaction on 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 sale, the chief executive officer directly owned 271,743 shares of the company's stock, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.23% of the company's stock.

Analyst Ratings Changes

EMR has been the subject of several recent research reports. Wells Fargo & Company boosted their price objective on Emerson Electric from $135.00 to $155.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 7th. BMO Capital Markets raised their price objective on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Stephens lifted their target price on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Barclays boosted their target price on Emerson Electric from $140.00 to $144.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 6th. Finally, Daiwa Securities Group decreased their price target on Emerson Electric from $177.00 to $156.00 and set an "outperform" rating on the stock in a report on Friday, May 15th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Emerson Electric currently has a consensus rating of "Moderate Buy" and a consensus price target of $166.96.

Emerson Electric Stock Down 0.1%

Shares of NYSE:EMR opened at $163.07 on Monday. The firm has a market capitalization of $91.33 billion, a PE ratio of 35.68, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24. The business has a 50 day simple moving average of $146.32 and a two-hundred day simple moving average of $143.09. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. 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 (NYSE:EMR - Get Free Report) last issued 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 return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the prior year, the business posted $1.52 earnings per share. The company'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. On average, equities analysts predict that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be given a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric's dividend payout ratio (DPR) is 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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