Emerson Electric Co. $EMR Position Increased by Kestra Advisory Services LLC

Key Points

• Kestra Advisory Services increased its Emerson Electric stake by 4.0% in the third quarter, ending the period with 265,299 shares valued at about $41.1 million. Institutional investors own 74.3% of the company.
• Analysts are broadly positive: Emerson has a Moderate Buy consensus rating and an average price target of $175.38; several firms recently raised targets, including Citigroup to $198.
• Emerson’s quarterly results slightly beat estimates, with EPS of $1.86 and revenue of $5.20 billion. The company also raised its quarterly dividend from $0.555 to $0.595 per share, while its shares recently traded at $162.28.

Kestra Advisory Services LLC grew its stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 4.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 265,299 shares of the industrial products company's stock after acquiring an additional 10,144 shares during the period. Kestra Advisory Services LLC's holdings in Emerson Electric were worth $41,148,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Raleigh Capital Management Inc. raised its position in shares of Emerson Electric by 21.0% during the third quarter. Raleigh Capital Management Inc. now owns 363 shares of the industrial products company's stock worth $56,000 after purchasing an additional 63 shares during the period. SeaCrest Wealth Management LLC boosted its position in shares of Emerson Electric by 1.1% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 5,828 shares of the industrial products company's stock valued at $904,000 after purchasing an additional 64 shares during the period. TOWER TRUST & INVESTMENT Co increased its stake in Emerson Electric by 0.8% in the 3rd quarter. TOWER TRUST & INVESTMENT Co now owns 8,238 shares of the industrial products company's stock worth $1,278,000 after purchasing an additional 66 shares in 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 worth $1,868,000 after purchasing an additional 67 shares in the last quarter. Finally, Raiffeisen Bank International AG raised its holdings 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 during the period. 74.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Rothschild & Co Redburn lifted their target price on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. HSBC boosted their price target on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Citigroup upped their price target on shares of Emerson Electric from $182.00 to $198.00 and gave the company a "buy" rating in a research report on Thursday. Sanford C. Bernstein raised their target price on Emerson Electric from $186.00 to $196.00 and gave the stock an "outperform" rating in a research report on Thursday. Finally, DA Davidson raised their target price on Emerson Electric from $145.00 to $155.00 and gave the stock a "neutral" rating in a research report on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $175.38.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated 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 sale, the chief executive officer directly owned 271,743 shares in the company, 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 can be accessed through this link. 0.23% of the stock is owned by company insiders.

More Emerson Electric News

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Emerson’s fourth-quarter results beat expectations, while orders rose 14%, pointing to solid demand. Emerson Q4 earnings beat as orders jump 14%
• Positive Sentiment: Several firms lifted their targets and maintained bullish ratings: BNP Paribas Exane and KeyCorp set targets of $200, Citigroup $198, and RBC and Bernstein $196. Jefferies also raised its target to $200. These revisions signal stronger analyst optimism. BNP Paribas Exane ratings Jefferies raises target
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. The increase supports the income-investor case, although the yield is relatively modest. Emerson raises dividend
• Neutral Sentiment: Recent coverage says analysts are broadly upbeat and cites LNG investment and reshoring as potential growth tailwinds, while acknowledging that the stock’s valuation is rich. Analyst estimates and ratings LNG and reshoring analysis
• Negative Sentiment: A separate Morgan Stanley forecast was characterized as pessimistic, providing a cautionary counterpoint to the recent analyst upgrades. Morgan Stanley forecast

Emerson Electric Stock Down 0.2%

EMR traded down $0.33 on Friday, reaching $162.28. 2,646,960 shares of the company traded hands, compared to its average volume of 2,874,288. The company has a market cap of $90.89 billion, a price-to-earnings ratio of 33.95, a PEG ratio of 2.31 and a beta of 1.23. 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 stock's 50 day moving average price is $157.91 and its 200-day moving average price is $147.61. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $172.00.

Emerson Electric (NYSE:EMR - Get Free Report) last issued its earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.85 by $0.01. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company had revenue of $5.20 billion during the quarter, compared to analyst estimates of $5.11 billion. During the same quarter last year, the business posted $1.62 EPS. The company's revenue for the quarter was up .0% on a year-over-year basis. On average, sell-side analysts expect that Emerson Electric Co. will post 7.21 EPS for the current fiscal year.

Emerson Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be given a $0.5950 dividend. This represents a $2.38 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, November 13th. This is an increase from Emerson Electric's previous quarterly dividend of $0.5550. Emerson Electric's payout ratio is currently 46.44%.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company focused on automation. It develops products and systems that help industrial and commercial customers monitor and control operations, including measurement instruments, control systems, valves, actuators, and industrial software.

The company serves customers across industries and regions worldwide. Its portfolio includes technologies for process and factory automation, as well as software used to design, operate, and optimize industrial facilities.

Founded in 1890 and headquartered in St.

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