Benjamin Edwards Inc. Buys 66,204 Shares of Emerson Electric Co. $EMR

Key Points

• Benjamin Edwards Inc. increased its Emerson Electric position by 158.3%, buying 66,204 additional shares to hold 108,021 shares worth approximately $15.46 million. Institutional investors collectively own 74.3% of EMR.
• Analyst sentiment is favorable, with a consensus “Moderate Buy” rating and an average price target of $167.83; recent targets range from $156 to $180.
• Emerson exceeded quarterly expectations with earnings of $1.71 per share versus $1.68 estimated and revenue of $4.87 billion. The company also declared a quarterly dividend of $0.555 per share, representing a 1.4% annualized yield.

Benjamin Edwards Inc. increased its position in Emerson Electric Co. (NYSE:EMR - Free Report) by 158.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 108,021 shares of the industrial products company's stock after purchasing an additional 66,204 shares during the quarter. Benjamin Edwards Inc.'s holdings in Emerson Electric were worth $15,464,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in EMR. Basso Capital Management L.P. purchased a new stake in Emerson Electric during the 4th quarter valued at $25,000. Allied Private Wealth LLC bought a new position in Emerson Electric during the 2nd quarter valued at about $27,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Emerson Electric during the 4th quarter valued at about $27,000. Motiv8 Investments LLC bought a new stake in shares of Emerson Electric in the fourth quarter worth approximately $27,000. Finally, Orion Capital Management LLC purchased a new position in shares of Emerson Electric during the second quarter valued at approximately $29,000. Institutional investors own 74.30% of the company's stock.

Insider Activity

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction that occurred 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 sale, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.23% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on EMR. JPMorgan Chase & Co. upgraded shares of Emerson Electric from a "neutral" rating to an "overweight" rating and set a $157.00 target price on the stock in a report on Friday, July 17th. Daiwa Securities Group lowered 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. Rothschild & Co Redburn raised their price target on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. BMO Capital Markets upped their price objective on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Finally, Wall Street Zen raised Emerson Electric from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $167.83.

Emerson Electric Stock Performance

Shares of EMR opened at $155.37 on Friday. The business has a 50-day simple moving average of $148.79 and a two-hundred day simple moving average of $143.58. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The stock has a market cap of $87.02 billion, a price-to-earnings ratio of 34.00, a PEG ratio of 2.31 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.

Emerson Electric (NYSE:EMR - Get Free Report) last released its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to analysts' expectations of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric's revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the previous year, the company 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, analysts expect that Emerson Electric Co. will post 6.54 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be paid a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric's dividend payout ratio is presently 48.58%.

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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