Ameritas Advisory Services LLC Grows Position in Emerson Electric Co. $EMR

Ameritas Advisory Services LLC grew its position in Emerson Electric Co. (NYSE:EMR - Free Report) by 431.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,204 shares of the industrial products company's stock after acquiring an additional 13,154 shares during the quarter. Ameritas Advisory Services LLC's holdings in Emerson Electric were worth $2,320,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of EMR. Brighton Jones LLC increased its holdings in shares of Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company's stock valued at $1,412,000 after purchasing an additional 4,850 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in Emerson Electric in the 1st quarter valued at $232,000. Caxton Associates LLP acquired a new position in Emerson Electric in the 1st quarter valued at $275,000. Sivia Capital Partners LLC purchased a new position in Emerson Electric during the 2nd quarter worth $203,000. Finally, Jump Financial LLC raised its position in Emerson Electric by 121.5% during the 2nd quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company's stock worth $1,406,000 after buying an additional 5,783 shares during the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Emerson Electric Trading Down 0.5%

NYSE:EMR opened at $152.12 on Wednesday. The company has a market capitalization of $85.20 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 2.29 and a beta of 1.24. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35. The stock has a fifty day simple moving average of $149.73 and a 200-day simple moving average of $143.45. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

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 for the quarter, beating 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 firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period last year, the firm posted $1.52 EPS. 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. On average, equities research analysts expect that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders 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 1.5%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric's payout ratio is 48.58%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Rothschild & Co Redburn lifted their target price on shares of Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Weiss Ratings reissued a "hold (c+)" rating on shares of Emerson Electric in a research note on Friday, July 31st. Morgan Stanley lifted their price target on Emerson Electric from $125.00 to $135.00 and gave the company an "underweight" rating in a research note on Friday, August 28th. KeyCorp cut their price objective on Emerson Electric from $185.00 to $170.00 and set an "overweight" rating for the company in a research report on Monday, July 13th. Finally, Citigroup boosted their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $167.83.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the company's stock in a transaction on Tuesday, August 11th. The stock was 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. This represents a 3.43% decrease in their ownership of the stock. The sale 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 company insiders.

About Emerson Electric

Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company's portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.

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