Emerson Electric Co. $EMR Shares Acquired by Corient Private Wealth LP

Corient Private Wealth LP increased its holdings in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 2.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 887,786 shares of the industrial products company's stock after acquiring an additional 25,381 shares during the quarter. Corient Private Wealth LP owned about 0.16% of Emerson Electric worth $127,086,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. PensionDanmark Pensionsforsikringsaktieselskab grew its position in Emerson Electric by 9.4% during 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. BlackRock Inc. purchased a new stake in shares of Emerson Electric in the second quarter worth about $6,193,425,000. Fisher Asset Management LLC increased its position in shares of Emerson Electric by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company's stock worth $954,405,000 after purchasing an additional 928,548 shares during the last quarter. Geode Capital Management LLC increased its position in Emerson Electric by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company's stock worth $1,628,638,000 after buying an additional 76,488 shares during the period. Finally, Norges Bank bought a new position in shares of Emerson Electric in the fourth quarter valued at approximately $1,050,040,000. Institutional investors and hedge funds own 74.30% of the company's stock.

Emerson Electric Price Performance

EMR opened at $152.07 on Friday. The stock has a 50-day moving average price of $150.39 and a 200-day moving average price of $143.50. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $166.35. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $85.17 billion, a P/E ratio of 33.28, a PEG ratio of 2.23 and a beta of 1.24.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to analysts' expectations 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 previous year, the company earned $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. Equities analysts predict that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were paid a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, August 14th. Emerson Electric's dividend payout ratio (DPR) is presently 48.58%.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction dated Tuesday, August 11th. The shares were 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 owned 271,743 shares of the company's stock, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on EMR shares. Stephens boosted their price target on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. BMO Capital Markets upped their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Evercore dropped their price objective on Emerson Electric from $190.00 to $185.00 and set an "outperform" rating on the stock in a research note on Monday, August 31st. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Emerson Electric in a report on Friday, July 31st. Finally, HSBC boosted their price target on Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. 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 stock. According to data from MarketBeat.com, Emerson Electric currently has an average rating of "Moderate Buy" and an average price target of $167.83.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company's portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.

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