Citizens Financial Group Inc. RI Buys New Shares in Emerson Electric Co. $EMR

Key Points

• Citizens Financial Group initiated a position in Emerson Electric, buying 41,828 shares valued at approximately $5.99 million. Institutional investors collectively own 74.3% of the company.
• Emerson exceeded quarterly expectations with adjusted EPS of $1.71 versus $1.68 forecast and revenue of $4.87 billion versus $4.80 billion expected. The company maintained FY 2026 EPS guidance of $6.55.
• The company declared a quarterly dividend of $0.555 per share, equivalent to an annualized $2.22 payout and a 1.4% yield. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $166.96, while CEO Surendralal Karsanbhai sold 9,650 shares.

Citizens Financial Group Inc. RI purchased a new position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 41,828 shares of the industrial products company's stock, valued at approximately $5,988,000.

Several other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Emerson Electric by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company's stock valued at $7,287,546,000 after acquiring an additional 578,242 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Emerson Electric in the 2nd quarter valued at $6,193,425,000. State Street Corp grew its holdings in shares of Emerson Electric by 2.0% during the 4th quarter. State Street Corp now owns 27,483,440 shares of the industrial products company's stock valued at $3,647,602,000 after purchasing an additional 541,887 shares during the last quarter. Bank of America Corp DE lifted its stake in Emerson Electric by 13.1% in the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company's stock worth $2,612,780,000 after purchasing an additional 2,302,055 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Emerson Electric by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company's stock worth $1,628,638,000 after buying an additional 76,488 shares during the period. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Trading Down 0.7%

NYSE EMR opened at $162.06 on Tuesday. The firm has a market capitalization of $90.77 billion, a PE ratio of 35.46, a P/E/G ratio of 2.43 and a beta of 1.24. The stock's 50 day moving average is $146.78 and its 200 day moving average is $143.19. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. 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 quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.68 by $0.03. The business had revenue of $4.87 billion during 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 company earned $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. Research analysts forecast that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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 yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric's dividend payout ratio is 48.58%.

Analyst Ratings Changes

EMR has been the topic of several recent analyst reports. Citigroup raised their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Royal Bank Of Canada increased their price objective on Emerson Electric from $169.00 to $179.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Emerson Electric in a report on Friday, July 31st. Wall Street Zen raised shares of Emerson Electric from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Finally, Wells Fargo & Company lifted their target price on shares of Emerson Electric from $135.00 to $155.00 and gave the company an "equal weight" rating in a research note on Thursday, May 7th. 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 stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $166.96.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm'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 transaction of $1,562,431.50. Following the completion of the transaction, the chief executive officer owned 271,743 shares of the company's stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate 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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