Amundi Sells 507,472 Shares of Emerson Electric Co. $EMR

Key Points

• Amundi reduced its Emerson Electric stake by 20.1%, selling 507,472 shares during the second quarter and retaining 2.02 million shares valued at approximately $289 million.
• Emerson reported quarterly earnings of $1.71 per share on $4.87 billion in revenue, exceeding analyst estimates. The company also declared a quarterly dividend of $0.555 per share, representing a 1.5% annualized yield.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $167.83, while EMR recently traded at $152.88.

Amundi cut its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 20.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,018,869 shares of the industrial products company's stock after selling 507,472 shares during the quarter. Amundi owned approximately 0.36% of Emerson Electric worth $289,001,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC increased its position in Emerson Electric by 74.1% during the 4th 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 stake in shares of Emerson Electric in the 1st quarter worth about $232,000. Caxton Associates LLP bought a new stake in shares of Emerson Electric during the 1st quarter valued at about $275,000. Sivia Capital Partners LLC purchased a new position in shares of Emerson Electric during the second quarter valued at about $203,000. Finally, Jump Financial LLC increased its position in shares of Emerson Electric by 121.5% during the second quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company's stock valued at $1,406,000 after buying an additional 5,783 shares during the period. Institutional investors own 74.30% of the company's stock.

Emerson Electric Price Performance

EMR stock opened at $152.88 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The firm has a 50 day moving average price of $149.54 and a 200-day moving average price of $143.44. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35. The firm has a market capitalization of $85.63 billion, a price-to-earnings ratio of 33.45, a PEG ratio of 2.29 and a beta of 1.24.

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. The company had revenue of $4.87 billion for 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 quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. Emerson Electric's dividend payout ratio (DPR) is 48.58%.

Insiders Place Their Bets

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is currently owned by insiders.

Analysts Set New Price Targets

EMR has been the subject of several research analyst reports. BNP Paribas Exane raised their price objective on shares of Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Stephens increased their target price on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. DA Davidson lifted their price target on Emerson Electric from $145.00 to $155.00 and gave the company a "neutral" rating in a research report on Monday, August 24th. KeyCorp reduced their price target on Emerson Electric from $185.00 to $170.00 and set an "overweight" rating on the stock in a research note on Monday, July 13th. Finally, BMO Capital Markets raised their price objective on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Emerson Electric has a consensus rating of "Moderate Buy" and a consensus target price of $167.83.

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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