Emerson Electric Co. $EMR Shares Sold by Groupe la Francaise

Key Points

• Groupe la Francaise cut its Emerson Electric stake by 76.4% in the second quarter, selling 211,666 shares and retaining 65,337 shares valued at approximately $9.35 million.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $167.83, despite mixed recent target revisions.
• Emerson exceeded quarterly earnings and revenue estimates, reporting $1.71 in EPS and $4.87 billion in revenue, while maintaining a quarterly dividend of $0.555 per share, equivalent to a 1.5% yield.

Groupe la Francaise decreased its holdings in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 76.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,337 shares of the industrial products company's stock after selling 211,666 shares during the quarter. Groupe la Francaise's holdings in Emerson Electric were worth $9,353,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Basso Capital Management L.P. purchased a new stake in Emerson Electric in the 4th quarter valued at about $25,000. Allied Private Wealth LLC purchased a new position in Emerson Electric during the second quarter worth about $27,000. IFC & Insurance Marketing Inc. purchased a new position in Emerson Electric during the fourth quarter worth about $27,000. Motiv8 Investments LLC acquired a new stake in shares of Emerson Electric during the fourth quarter valued at about $27,000. Finally, Orion Capital Management LLC purchased a new stake in shares of Emerson Electric in the 2nd quarter valued at approximately $29,000. Institutional investors and hedge funds own 74.30% of the company's stock.

Insider Buying and Selling

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction 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 $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.23% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Emerson Electric in a research report on Friday, July 31st. Wall Street Zen raised Emerson Electric from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Sanford C. Bernstein upped their price target on Emerson Electric from $169.00 to $186.00 and gave the stock an "outperform" rating in a research note on Friday, August 14th. DA Davidson raised their price target on Emerson Electric from $145.00 to $155.00 and gave the stock a "neutral" rating in a research report on Monday, August 24th. Finally, Evercore cut their price objective on Emerson Electric from $190.00 to $185.00 and set an "outperform" rating on the stock in a report on Monday, August 31st. Thirteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently 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 $152.88 on Monday. The business has a 50-day simple moving average of $149.35 and a 200-day simple moving average of $143.41. The company has a market cap of $85.63 billion, a PE ratio of 33.45, a P/E/G ratio of 2.29 and a beta of 1.24. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

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 (EPS) 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 company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the previous year, the firm earned $1.52 earnings per share. The firm'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. On average, equities research analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be paid a dividend of $0.555 per share. The ex-dividend date is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. Emerson Electric's payout ratio is presently 48.58%.

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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