Daiichi Life Insurance Co. Ltd. Buys New Position in Emerson Electric Co. $EMR

Daiichi Life Insurance Co. Ltd. purchased a new position in Emerson Electric Co. (NYSE:EMR - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 53,458 shares of the industrial products company's stock, valued at approximately $7,653,000.

A number of other large investors also recently modified their holdings of EMR. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric in the fourth quarter worth $25,000. Allied Private Wealth LLC acquired a new position in Emerson Electric during the 2nd quarter valued at $27,000. IFC & Insurance Marketing Inc. bought a new stake in Emerson Electric in the 4th quarter valued at $27,000. Motiv8 Investments LLC acquired a new stake in Emerson Electric in the 4th quarter worth $27,000. Finally, MidFirst Bank acquired a new stake in Emerson Electric in the 2nd quarter worth $31,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on EMR. Sanford C. Bernstein upped their price objective on shares of Emerson Electric from $169.00 to $186.00 and gave the company an "outperform" rating in a research report on Friday, August 14th. Weiss Ratings reissued a "hold (c+)" rating on shares of Emerson Electric in a research report on Friday, July 31st. DA Davidson began coverage on Emerson Electric in a report on Tuesday, June 16th. They issued a "neutral" rating and a $145.00 price target for the company. Wall Street Zen raised Emerson Electric from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Finally, BMO Capital Markets boosted their price objective on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $166.96.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business's stock in a transaction 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 sale, the chief executive officer owned 271,743 shares of the company's stock, valued at $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is owned by company insiders.

Emerson Electric Price Performance

Shares of Emerson Electric stock opened at $157.21 on Friday. The firm has a market cap of $88.05 billion, a P/E ratio of 34.40, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24. The firm's 50-day simple moving average is $148.04 and its 200-day simple moving average is $143.46. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

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

Emerson Electric Announces Dividend

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

Emerson Electric Company 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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