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Emerson Electric Co. $EMR Position Cut by Bokf Na

Emerson Electric logo with Industrials background
Image from MarketBeat Media, LLC.

Key Points

  • Bokf Na reduced its Emerson Electric stake by 16.2% in the third quarter, selling 21,787 shares and retaining 112,343 shares valued at approximately $17.4 million. Institutional investors own 74.3% of the company.
  • Emerson Electric reported quarterly EPS of $1.71, exceeding the $1.68 analyst consensus, while revenue reached $4.87 billion versus expectations of $4.80 billion. The company also pays an annualized dividend of $2.22 per share, yielding about 1.3%.
  • Analysts remain broadly positive, with the stock carrying a “Moderate Buy” consensus rating and a $172.17 average price target. Shares recently opened at $167.59, near their 52-week high of $168.62.
  • Interested in Emerson Electric? Here are five stocks we like better.

Bokf Na lowered its holdings in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 16.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,343 shares of the industrial products company's stock after selling 21,787 shares during the quarter. Bokf Na's holdings in Emerson Electric were worth $17,424,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. SeaCrest Wealth Management LLC boosted its position in Emerson Electric by 1.1% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 5,828 shares of the industrial products company's stock worth $904,000 after acquiring an additional 64 shares during the last quarter. Forvis Mazars Wealth Advisors LLC increased its stake in Emerson Electric by 0.6% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 12,044 shares of the industrial products company's stock valued at $1,868,000 after buying an additional 67 shares during the last quarter. Raiffeisen Bank International AG lifted its position in Emerson Electric by 0.5% during the 2nd quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company's stock worth $2,110,000 after buying an additional 68 shares in the last quarter. Lake Street Private Wealth LLC lifted its position in Emerson Electric by 2.1% during the 3rd quarter. Lake Street Private Wealth LLC now owns 3,515 shares of the industrial products company's stock worth $545,000 after buying an additional 71 shares in the last quarter. Finally, Frank Rimerman Advisors LLC boosted its stake in shares of Emerson Electric by 1.3% during the 3rd quarter. Frank Rimerman Advisors LLC now owns 5,526 shares of the industrial products company's stock worth $857,000 after buying an additional 73 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors.

Insider Activity at Emerson Electric

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction that occurred on Tuesday, August 11th. The stock was 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 directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.23% of the company's stock.

Emerson Electric Stock Performance

Shares of EMR stock opened at $167.59 on Thursday. The stock has a market cap of $93.86 billion, a P/E ratio of 36.67, a P/E/G ratio of 2.22 and a beta of 1.21. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The company has a fifty day moving average price of $156.60 and a two-hundred day moving average price of $146.93. Emerson Electric Co. has a one year low of $122.64 and a one year high of $168.62.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings data 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. 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 the consensus estimate of $4.80 billion. During the same quarter last year, the firm posted $1.52 EPS. The company's quarterly 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. As a group, equities analysts predict that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were given a $0.5550 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 14th. Emerson Electric's dividend payout ratio (DPR) is presently 48.58%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. raised their price objective on Emerson Electric from $169.00 to $184.00 and gave the company an "overweight" rating in a report on Friday, October 9th. BMO Capital Markets upped their target price on Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Sanford C. Bernstein upped their target price on Emerson Electric from $169.00 to $186.00 and gave the stock an "outperform" rating in a report on Friday, August 14th. Royal Bank Of Canada increased their price target on Emerson Electric from $179.00 to $188.00 and gave the company an "outperform" rating in a research report on Wednesday, October 14th. Finally, Citigroup raised their price target on Emerson Electric from $174.00 to $182.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $172.17.

Read Our Latest Analysis on Emerson Electric

About Emerson Electric

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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