California State Teachers Retirement System Purchases 117,915,465 Shares of Emerson Electric Co. $EMR

Key Points

• California State Teachers Retirement System dramatically increased its Emerson Electric stake by purchasing 117.9 million shares in the second quarter, bringing its holdings to 118.8 million shares, or approximately 21.2% of the company.
• Emerson reported quarterly earnings of $1.71 per share and revenue of $4.87 billion, exceeding analyst expectations. The company maintained fiscal 2026 EPS guidance of $6.55 and declared a quarterly dividend of $0.555 per share.
• Analyst sentiment is broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $167.83, while CEO Surendralal Karsanbhai sold 9,650 shares at an average price of $161.91.

California State Teachers Retirement System lifted its position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 13,979.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 118,758,958 shares of the industrial products company's stock after purchasing an additional 117,915,465 shares during the quarter. California State Teachers Retirement System owned about 21.20% of Emerson Electric worth $17,000,345,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EMR. Basso Capital Management L.P. bought a new position in shares of Emerson Electric in the 4th quarter worth about $25,000. Allied Private Wealth LLC bought a new stake in Emerson Electric during the second quarter worth about $27,000. IFC & Insurance Marketing Inc. purchased a new stake in Emerson Electric in the fourth quarter worth about $27,000. Motiv8 Investments LLC bought a new position in shares of Emerson Electric during the fourth quarter valued at 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. Hedge funds and other institutional investors own 74.30% of the company's stock.

Emerson Electric Trading Up 0.0%

Shares of EMR stock opened at $152.88 on Tuesday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The firm has a fifty day moving average price of $149.54 and a 200-day moving average price of $143.44. The company has a market cap of $85.63 billion, a price-to-earnings ratio of 33.45, a PEG ratio of 2.29 and a beta of 1.24. 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 released 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 return on equity of 17.58% and a net margin of 13.83%.The company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the previous year, the business earned $1.52 earnings per share. Emerson Electric's quarterly revenue was up .0% compared to the same quarter last year. 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. As a group, equities analysts predict that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Announces Dividend

The business also recently disclosed 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. The ex-dividend date is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. Emerson Electric's payout ratio is 48.58%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Stephens raised their price objective on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. BMO Capital Markets increased their target price on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. HSBC lifted their price target on Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. JPMorgan Chase & Co. raised shares of Emerson Electric from a "neutral" rating to an "overweight" rating and set a $157.00 price objective on the stock in a research report on Friday, July 17th. Finally, Wall Street Zen upgraded shares of Emerson Electric from a "hold" rating to a "buy" rating in a research note 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's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $167.83.

Insider Activity

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the 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 sale, the chief executive officer directly owned 271,743 shares of the company's stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.23% of the company's stock.

About Emerson Electric

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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