Geode Capital Management LLC Acquires 76,488 Shares of Emerson Electric Co. $EMR

Key Points

• Geode Capital Management increased its Emerson Electric stake by 0.6% in the fourth quarter, adding 76,488 shares and bringing its total holding to 12.33 million shares worth about $1.63 billion.
• Emerson Electric reported better-than-expected quarterly EPS of $1.54, while revenue came in slightly below estimates at $4.56 billion but still rose 2.9% year over year. The company also reaffirmed guidance, targeting FY 2026 EPS of $6.45 to $6.55.
• The company declared a quarterly dividend of $0.555 per share, and CEO Surendralal Lanca Karsanbhai sold 5,700 shares in a recent transaction. Analyst sentiment remains mixed, with a consensus rating of Hold and an average price target of $163.24.

Geode Capital Management LLC raised its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,328,324 shares of the industrial products company's stock after acquiring an additional 76,488 shares during the period. Geode Capital Management LLC owned about 2.19% of Emerson Electric worth $1,628,638,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EMR. Brighton Jones LLC grew its position in Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company's stock valued at $1,412,000 after acquiring an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Emerson Electric in the first quarter valued at about $232,000. Caxton Associates LLP bought a new position in Emerson Electric in the first quarter valued at about $275,000. Sivia Capital Partners LLC bought a new position in Emerson Electric in the second quarter valued at about $203,000. Finally, Jump Financial LLC grew its position in Emerson Electric by 121.5% in the second quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company's stock valued at $1,406,000 after acquiring an additional 5,783 shares during the last quarter. Institutional investors own 74.30% of the company's stock.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of Emerson Electric stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total value of $811,224.00. Following the transaction, the chief executive officer directly owned 281,393 shares of the company's stock, valued at $40,047,851.76. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.23% of the stock is currently owned by corporate insiders.

Emerson Electric Price Performance

Emerson Electric stock opened at $141.75 on Friday. The stock's 50 day moving average is $136.99 and its 200 day moving average is $139.55. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. The firm has a market cap of $79.39 billion, a P/E ratio of 32.74, a P/E/G ratio of 2.23 and a beta of 1.26. Emerson Electric Co. has a one year low of $117.16 and a one year high of $165.15.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping analysts' consensus estimates of $1.53 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The firm's quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.48 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. As a group, research analysts expect that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be paid a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, May 15th. Emerson Electric's payout ratio is currently 51.27%.

Wall Street Analyst Weigh In

EMR has been the topic of a number of recent research reports. Wolfe Research cut their price target on Emerson Electric from $176.00 to $169.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 8th. Barclays lifted their price target on Emerson Electric from $140.00 to $144.00 and gave the company an "equal weight" rating in a research note on Wednesday, May 6th. Loop Capital lifted their price target on Emerson Electric from $155.00 to $180.00 and gave the company a "buy" rating in a research note on Thursday, February 12th. Wells Fargo & Company lifted their price target on Emerson Electric from $135.00 to $155.00 and gave the company an "equal weight" rating in a research note on Thursday, May 7th. Finally, Evercore lifted their price target on Emerson Electric from $170.00 to $185.00 and gave the company an "outperform" rating in a research note on Thursday, February 5th. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $163.24.

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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