International Assets Investment Management LLC Buys 35,539 Shares of Emerson Electric Co. $EMR

Key Points

• International Assets Investment Management LLC increased its Emerson Electric stake by 796.7% in the third quarter, adding 35,539 shares to own 40,000 shares valued at approximately $6.2 million. Institutional investors collectively own 74.3% of EMR.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $172.17. Recent target changes ranged from $145 to $185.
• Emerson exceeded quarterly earnings and revenue estimates, reporting $1.71 in EPS on $4.87 billion in revenue. The company also pays a $2.22 annualized dividend, yielding about 1.3%.

International Assets Investment Management LLC raised its stake in Emerson Electric Co. (NYSE:EMR - Free Report) by 796.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,000 shares of the industrial products company's stock after purchasing an additional 35,539 shares during the period. International Assets Investment Management LLC's holdings in Emerson Electric were worth $6,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of EMR. BlackRock Inc. acquired a new stake in Emerson Electric during the 2nd quarter worth approximately $6,193,425,000. Bank of America Corp DE acquired a new stake in shares of Emerson Electric during the second quarter worth approximately $2,629,146,000. Bank of New York Mellon Corp acquired a new stake in Emerson Electric in the second quarter worth $659,000,000. Legal & General Group Plc acquired a new position in Emerson Electric during the second quarter worth about $613,846,000. Finally, Jupiter Topco LLC purchased a new stake in Emerson Electric in the 2nd quarter worth about $260,485,000. Institutional investors and hedge funds own 74.30% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on EMR. Stephens raised their target price on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Evercore decreased their price target on shares of Emerson Electric from $190.00 to $185.00 and set an "outperform" rating on the stock in a research note on Monday, August 31st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Emerson Electric from $169.00 to $174.00 and gave the company a "hold" rating in a research report on Wednesday, September 30th. Morgan Stanley raised their price target on shares of Emerson Electric from $135.00 to $145.00 and gave the stock an "underweight" rating in a report on Monday, October 19th. Finally, BMO Capital Markets increased their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued 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, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $172.17.

Emerson Electric Stock Performance

Emerson Electric stock opened at $164.54 on Monday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $171.25. The firm has a market cap of $92.16 billion, a P/E ratio of 36.00, a P/E/G ratio of 2.29 and a beta of 1.23. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average of $157.06 and a 200-day moving average of $147.16.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its earnings results 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 company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The firm's revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.52 earnings per share. 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. Sell-side analysts expect that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were paid a dividend of $0.5550 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.22 annualized dividend and a yield of 1.3%. Emerson Electric's payout ratio is presently 48.58%.

Insiders Place Their Bets

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

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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