BOK Financial Private Wealth Inc. acquired a new stake in Emerson Electric Co. (NYSE:EMR - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 6,734 shares of the industrial products company's stock, valued at approximately $964,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of EMR. Basso Capital Management L.P. purchased a new position in Emerson Electric in the 4th quarter valued at approximately $25,000. Allied Private Wealth LLC purchased a new stake in shares of Emerson Electric during the second quarter worth $27,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Emerson Electric in the fourth quarter valued at $27,000. Motiv8 Investments LLC acquired a new stake in shares of Emerson Electric in the fourth quarter valued at $27,000. Finally, Ares Financial Consulting LLC purchased a new position in Emerson Electric in the fourth quarter valued at $29,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research firms recently weighed in on EMR. BNP Paribas Exane upped their target price on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their price target on shares of Emerson Electric from $169.00 to $179.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Stephens increased their price objective on shares of Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Rothschild & Co Redburn raised their price objective on shares of Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Finally, Sanford C. Bernstein boosted their target price on shares of Emerson Electric from $169.00 to $186.00 and gave the stock an "outperform" rating in a research note on Friday, August 14th. Thirteen 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 stock. Based on data from MarketBeat, Emerson Electric currently has a consensus rating of "Moderate Buy" and an average target price of $166.96.
Get Our Latest Stock Analysis on EMR
Emerson Electric Trading Down 2.6%
NYSE EMR opened at $157.82 on Wednesday. The firm's fifty day moving average price is $147.09 and its 200 day moving average price is $143.26. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month 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. The company has a market capitalization of $88.39 billion, a price-to-earnings ratio of 34.53, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24.
Emerson Electric (NYSE:EMR - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to the consensus estimate 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 prior year, the firm posted $1.52 earnings per share. 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, sell-side analysts expect that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
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 paid a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric's dividend payout ratio (DPR) is currently 48.58%.
Insider Buying and Selling
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business's stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 271,743 shares in the company, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.23% of the stock is currently owned by company insiders.
About Emerson Electric
(
Free Report)
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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