Emerson Electric Co. $EMR Shares Acquired by Nissay Asset Management Corp Japan

Nissay Asset Management Corp Japan lifted its stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 23.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 125,769 shares of the industrial products company's stock after acquiring an additional 24,144 shares during the quarter. Nissay Asset Management Corp Japan's holdings in Emerson Electric were worth $18,004,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. ABS Investment Management LLC purchased a new position in shares of Emerson Electric in the 2nd quarter valued at about $858,900,000. Basso Capital Management L.P. purchased a new stake in shares of Emerson Electric during the fourth quarter worth approximately $25,000. Allied Private Wealth LLC acquired a new stake in Emerson Electric in the second quarter valued at approximately $27,000. Orion Capital Management LLC purchased a new position in Emerson Electric in the second quarter worth approximately $29,000. Finally, IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric during the 4th quarter worth approximately $27,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Royal Bank Of Canada increased their price objective on shares of Emerson Electric from $169.00 to $179.00 and gave the company an "outperform" rating in a research report on Wednesday, August 5th. Daiwa Securities Group lowered their target price on shares of Emerson Electric from $177.00 to $156.00 and set an "outperform" rating for the company in a research note on Friday, May 15th. BMO Capital Markets increased their target price on Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. 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. Finally, HSBC upped their price objective on Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $167.83.

Emerson Electric Stock Performance

Shares of Emerson Electric stock opened at $155.37 on Friday. The firm's fifty day simple moving average is $148.79 and its 200-day simple moving average is $143.58. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $166.35. The stock has a market capitalization of $87.02 billion, a price-to-earnings ratio of 34.00, a PEG ratio of 2.31 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66.

Emerson Electric (NYSE:EMR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping 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 firm had revenue of $4.87 billion during the quarter, compared to analysts' expectations of $4.80 billion. During the same quarter in the prior year, the business earned $1.52 EPS. Emerson Electric's quarterly revenue was up .0% compared to the same quarter last year. 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 forecast that Emerson Electric Co. will post 6.54 earnings per share for the current year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a dividend of $0.555 per share. 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 (DPR) is currently 48.58%.

Insider Activity

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business's stock in a transaction dated 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 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 legal filing with the SEC, which is available at the SEC website. 0.23% of the stock is currently owned by corporate insiders.

About Emerson Electric

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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