Emerson Electric Co. $EMR Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

Key Points

• UBS Asset Management reduced its Emerson Electric stake by 5.6% in the second quarter, selling 247,902 shares and retaining 4.18 million shares valued at approximately $598.1 million. Institutional investors collectively own 74.3% of EMR.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $167.83. Recent actions included upgrades or target increases from JPMorgan and Citigroup, though some firms maintained neutral or hold ratings.
• Emerson reported quarterly EPS of $1.71, ahead of the $1.68 estimate, on revenue of $4.87 billion, above expectations. The company also declared a quarterly dividend of $0.555 per share, equivalent to a 1.4% annualized yield.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 5.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,177,941 shares of the industrial products company's stock after selling 247,902 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.75% of Emerson Electric worth $598,072,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Rooted Wealth Advisors Inc. raised its position in Emerson Electric by 3.0% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company's stock valued at $291,000 after purchasing an additional 64 shares during the period. Cary Street Partners Investment Advisory LLC grew its stake in shares of Emerson Electric by 2.4% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company's stock valued at $411,000 after buying an additional 72 shares in the last quarter. Zhang Financial LLC raised its holdings in shares of Emerson Electric by 2.7% during the 4th quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company's stock valued at $384,000 after buying an additional 76 shares during the period. Root Financial Partners LLC lifted its position in Emerson Electric by 3.6% during the 4th quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company's stock worth $296,000 after acquiring an additional 78 shares in the last quarter. Finally, REAP Financial Group LLC boosted its holdings in Emerson Electric by 4.4% in the 4th quarter. REAP Financial Group LLC now owns 1,892 shares of the industrial products company's stock worth $251,000 after acquiring an additional 79 shares during the period. Institutional investors and hedge funds own 74.30% of the company's stock.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company's 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 sale, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.23% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on EMR. JPMorgan Chase & Co. raised shares of Emerson Electric from a "neutral" rating to an "overweight" rating and set a $157.00 target price on the stock in a research report on Friday, July 17th. Citigroup lifted their price target on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Wells Fargo & Company boosted their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an "equal weight" rating in a report on Thursday, May 7th. KeyCorp decreased their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an "overweight" rating for the company in a research report on Monday, July 13th. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Emerson Electric in a research report on Friday, July 31st. 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 a consensus target price of $167.83.

Emerson Electric Stock Up 0.1%

Shares of NYSE:EMR opened at $155.37 on Monday. The firm has a market cap of $87.02 billion, a PE ratio of 34.00, a price-to-earnings-growth ratio of 2.31 and a beta of 1.24. The company has a fifty day simple moving average of $148.79 and a 200 day simple moving average of $143.46. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $166.35.

Emerson Electric (NYSE:EMR - Get Free Report) last posted 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. The firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm's revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.52 EPS. 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 anticipate that Emerson Electric Co. will post 6.54 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric's payout ratio is currently 48.58%.

Emerson Electric Company Profile

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.

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMR - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source