Emerson Electric Co. $EMR Holdings Boosted by Crossmark Global Holdings Inc.

Key Points

• Crossmark Global Holdings increased its Emerson Electric stake by 8.4% in the third quarter, bringing its holdings to 200,625 shares valued at approximately $31.1 million. Institutional investors collectively own 74.3% of EMR.
• Analysts maintain a generally positive view, with an average rating of “Moderate Buy” and an average price target of $172.17. Recent target changes ranged from $170 to $188.
• Emerson reported quarterly EPS of $1.71, exceeding estimates of $1.68, while revenue reached $4.87 billion. The company pays a quarterly dividend of $0.555 per share, or $2.22 annually, yielding about 1.4%.

Crossmark Global Holdings Inc. lifted its stake in Emerson Electric Co. (NYSE:EMR - Free Report) by 8.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 200,625 shares of the industrial products company's stock after acquiring an additional 15,559 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Emerson Electric were worth $31,117,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of EMR. Allied Private Wealth LLC acquired a new position in Emerson Electric during the second quarter valued at approximately $27,000. Orion Capital Management LLC acquired a new position in shares of Emerson Electric during the 2nd quarter worth approximately $29,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Emerson Electric during the 2nd quarter worth approximately $30,000. MidFirst Bank acquired a new position in shares of Emerson Electric during the 2nd quarter worth approximately $31,000. Finally, Fiduciary Financial Advisors bought a new stake in shares of Emerson Electric during the 2nd quarter worth approximately $31,000. Institutional investors own 74.30% of the company's stock.

Wall Street Analyst Weigh In

EMR has been the subject of several recent analyst reports. Sanford C. Bernstein increased their price objective on Emerson Electric from $169.00 to $186.00 and gave the company an "outperform" rating in a report on Friday, August 14th. Royal Bank Of Canada boosted their target price on shares of Emerson Electric from $179.00 to $188.00 and gave the stock an "outperform" rating in a report on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Emerson Electric from $169.00 to $174.00 and gave the stock a "hold" rating in a research report on Wednesday, September 30th. Rothschild & Co Redburn upped their price target on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Finally, KeyCorp cut their price target on shares of Emerson Electric from $185.00 to $170.00 and set an "overweight" rating for the company in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $172.17.

Emerson Electric Stock Performance

Shares of EMR stock opened at $163.25 on Thursday. The company has a market capitalization of $91.43 billion, a price-to-earnings ratio of 35.72, a PEG ratio of 2.20 and a beta of 1.21. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The company has a 50-day simple moving average of $156.25 and a 200 day simple moving average of $147.55. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts' consensus estimates of $1.68 by $0.03. The business had revenue of $4.87 billion for 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%. Emerson Electric's quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.52 EPS. 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 predict that Emerson Electric Co. will post 6.56 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a dividend of $0.5550 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Friday, August 14th. Emerson Electric's payout ratio is currently 48.58%.

Insider Activity

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the company'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 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.23% of the stock is currently owned by corporate insiders.

About Emerson Electric

Emerson Electric Co NYSE: EMR is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.

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