CORDA Investment Management LLC. Acquires Shares of 8,560 Emerson Electric Co. $EMR

Key Points

• CORDA Investment Management acquired 8,560 Emerson Electric shares worth approximately $1.225 million in the second quarter. Institutional investors collectively own 74.30% of EMR.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating from 24 analysts and an average price target of $166.96. Recent targets range from $145 to $179.
• Emerson exceeded quarterly earnings expectations, reporting $1.71 in EPS versus $1.68 expected and $4.87 billion in revenue. The company also declared a quarterly dividend of $0.555 per share, equivalent to a 1.4% annualized yield.

CORDA Investment Management LLC. bought a new position in Emerson Electric Co. (NYSE:EMR - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,560 shares of the industrial products company's stock, valued at approximately $1,225,000.

Several other hedge funds and other institutional investors have also modified their holdings of EMR. PensionDanmark Pensionsforsikringsaktieselskab grew its holdings in shares of Emerson Electric by 9.4% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company's stock worth $14,563,000 after purchasing an additional 8,700 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in Emerson Electric by 14.8% during the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company's stock valued at $954,405,000 after purchasing an additional 928,548 shares during the last quarter. Truist Financial Corp grew its stake in Emerson Electric by 4.6% during the fourth quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company's stock worth $157,294,000 after buying an additional 52,440 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of Emerson Electric by 2.1% during the fourth quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company's stock worth $546,072,000 after buying an additional 84,064 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Emerson Electric by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company's stock worth $1,628,638,000 after acquiring an additional 76,488 shares in the last quarter. Institutional investors own 74.30% of the company's stock.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 271,743 shares of the company's stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.23% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on EMR shares. Wall Street Zen upgraded Emerson Electric from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Royal Bank Of Canada upped their price target on shares of Emerson Electric from $169.00 to $179.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. KeyCorp decreased their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an "overweight" rating on the stock in a report on Monday, July 13th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Emerson Electric in a research note on Friday, July 31st. Finally, DA Davidson assumed coverage on shares of Emerson Electric in a research report on Tuesday, June 16th. They set a "neutral" rating and a $145.00 target price on the stock. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $166.96.

Emerson Electric Stock Performance

Emerson Electric stock opened at $163.07 on Monday. The company has a market cap of $91.33 billion, a PE ratio of 35.68, a PEG ratio of 2.43 and a beta of 1.24. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The company's 50-day moving average is $146.32 and its two-hundred day moving average is $143.09.

Emerson Electric (NYSE:EMR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company had revenue of $4.87 billion during the quarter, compared to analysts' expectations of $4.80 billion. During the same quarter in the previous year, the company earned $1.52 EPS. Emerson Electric's revenue was up .0% on a year-over-year basis. 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 analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Dividend Announcement

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 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 currently 48.58%.

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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