Emerson Electric Co. $EMR Shares Sold by Vontobel Holding Ltd.

Key Points

• Vontobel Holding reduced its Emerson Electric stake by 33% in the third quarter, selling 460,394 shares and retaining 936,757 shares valued at approximately $145.3 million. Institutional investors collectively own 74.3% of the company.
• Analysts remain broadly positive, with Emerson receiving a “Moderate Buy” consensus rating and an average price target of $171.75. Recent target increases include Royal Bank of Canada at $188 and BNP Paribas Exane at $185.
• Emerson reported quarterly earnings of $1.71 per share, exceeding estimates of $1.68, while revenue reached $4.87 billion. The company pays an annualized dividend of $2.22 per share, representing a 1.4% yield.

Vontobel Holding Ltd. decreased its position in Emerson Electric Co. (NYSE:EMR - Free Report) by 33.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 936,757 shares of the industrial products company's stock after selling 460,394 shares during the quarter. Vontobel Holding Ltd. owned 0.17% of Emerson Electric worth $145,291,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Emerson Electric in the second quarter valued at about $6,193,425,000. State Street Corp boosted its position in shares of Emerson Electric by 1.5% in the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company's stock worth $3,962,177,000 after buying an additional 403,957 shares during the period. Bank of America Corp DE purchased a new stake in shares of Emerson Electric during the second quarter worth about $2,629,146,000. ABS Investment Management LLC acquired a new stake in shares of Emerson Electric in the 2nd quarter valued at about $858,900,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Emerson Electric by 1.9% in the 1st quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company's stock valued at $827,478,000 after buying an additional 117,513 shares during the period. 74.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on EMR. BNP Paribas Exane raised their price target on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Wells Fargo & Company assumed coverage on Emerson Electric in a research report on Friday, September 25th. They set an "overweight" rating and a $177.00 price objective for the company. BMO Capital Markets upped their target price on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Royal Bank Of Canada boosted their price target on Emerson Electric from $179.00 to $188.00 and gave the stock an "outperform" rating in a research report on Wednesday. Finally, Wall Street Zen raised shares of Emerson Electric from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Emerson Electric currently has an average rating of "Moderate Buy" and an average target price of $171.75.

Emerson Electric Stock Down 0.5%

Shares of NYSE EMR traded down $0.74 during mid-day trading on Friday, reaching $161.41. 3,425,358 shares of the company's stock were exchanged, compared to its average volume of 2,642,942. 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 twelve month low of $122.64 and a twelve month high of $166.35. The business has a fifty day simple moving average of $156.30 and a 200 day simple moving average of $146.76. The firm has a market capitalization of $90.41 billion, a price-to-earnings ratio of 35.32, a PEG ratio of 2.24 and a beta of 1.21.

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 the consensus estimate 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 analysts' expectations of $4.80 billion. The business's quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the business earned $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. As a group, equities analysts expect that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a dividend of $0.5550 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Friday, August 14th. Emerson Electric's payout ratio is 48.58%.

Insiders Place Their Bets

In related news, CEO Surendralal 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 transaction, the chief executive officer directly owned 271,743 shares of the company's stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.23% of the company's stock.

Emerson Electric Profile

Emerson Electric Co is a global technology and engineering company that provides products, software and services for industrial, commercial and residential applications. Its offerings help customers automate processes, measure and control operations, improve equipment performance, and manage complex industrial systems.

The company's portfolio includes process-control and automation systems, industrial software, measurement and analytical instruments, control valves, regulators, electrical equipment, and related services.

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