Emerson Electric Co. $EMR Stock Sold by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners slashed its Emerson Electric stake by 98.7% in the third quarter, selling 146,396 shares and retaining 1,957 shares valued at approximately $304,000. Institutional investors still own 74.3% of the company.
• Emerson Electric reported quarterly earnings of $1.71 per share, exceeding estimates of $1.68, while revenue reached $4.87 billion. The company also pays a quarterly dividend of $0.555 per share, equivalent to a 1.4% yield.
• Wall Street’s outlook remains favorable, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $171.75, above its reported opening price of $161.41.

Curated Wealth Partners LLC lessened its stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 98.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,957 shares of the industrial products company's stock after selling 146,396 shares during the quarter. Curated Wealth Partners LLC's holdings in Emerson Electric were worth $304,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. BlackRock Inc. purchased a new stake in Emerson Electric in the second quarter valued at approximately $6,193,425,000. Bank of America Corp DE purchased a new position in shares of Emerson Electric during the second quarter worth $2,629,146,000. Bank of New York Mellon Corp purchased a new position in shares of Emerson Electric during the second quarter worth $659,000,000. Legal & General Group Plc acquired a new stake in shares of Emerson Electric in the second quarter valued at $613,846,000. Finally, Jupiter Topco LLC purchased a new stake in shares of Emerson Electric in the 2nd quarter valued at $260,485,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction on 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 sale, the chief executive officer directly owned 271,743 shares of the company's stock, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.23% of the company's stock.

Emerson Electric Stock Down 0.5%

Shares of NYSE:EMR opened at $161.41 on Friday. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The firm's 50 day moving average price is $156.30 and its 200 day moving average price is $146.76. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The stock has a market cap of $90.41 billion, a price-to-earnings ratio of 35.32, a price-to-earnings-growth ratio of 2.23 and a beta of 1.21.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS 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. During the same quarter in the previous year, the business posted $1.52 EPS. The firm's 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. As a group, equities research analysts predict that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on EMR shares. TD Cowen increased their target price on Emerson Electric from $150.00 to $170.00 and gave the stock a "hold" rating in a research note on Friday, September 25th. Deutsche Bank Aktiengesellschaft raised their target price on Emerson Electric from $169.00 to $174.00 and gave the company a "hold" rating in a report on Wednesday, September 30th. Weiss Ratings raised Emerson Electric from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, October 8th. HSBC boosted their price target on shares of Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. Finally, Rothschild & Co Redburn raised their price objective on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $171.75.

Emerson Electric Profile

Emerson Electric Co NYSE: EMR is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.

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