Keebeck Wealth Management Takes Position in Emerson Electric Co. $EMR

Key Points

• Keebeck Wealth Management acquired 28,691 Emerson Electric shares worth approximately $4.1 million in the second quarter. Institutional investors own 74.3% of EMR, with major new positions from BlackRock, Norges Bank and Bank of New York Mellon.
• Emerson reported quarterly EPS of $1.71, beating estimates by $0.03, while revenue reached $4.87 billion versus the $4.80 billion consensus. The company maintained fiscal 2026 EPS guidance of $6.55.
• Analyst sentiment is generally positive, with a consensus rating of “Moderate Buy” and an average price target of $166.96. Emerson also declared a quarterly dividend of $0.555 per share, representing a 1.4% annualized yield.

Keebeck Wealth Management bought a new stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 28,691 shares of the industrial products company's stock, valued at approximately $4,107,000.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Emerson Electric during the second quarter worth $6,193,425,000. Norges Bank bought a new stake in shares of Emerson Electric in the 4th quarter worth about $1,050,040,000. Bank of New York Mellon Corp bought a new stake in shares of Emerson Electric in the 2nd quarter worth about $659,000,000. Bank of America Corp DE boosted its stake in shares of Emerson Electric by 13.1% during the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company's stock worth $2,612,780,000 after purchasing an additional 2,302,055 shares during the period. Finally, Deutsche Bank AG bought a new position in Emerson Electric during the 2nd quarter valued at about $211,212,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Stock Performance

Shares of NYSE:EMR opened at $157.21 on Friday. The firm's 50 day simple moving average is $148.04 and its 200-day simple moving average is $143.46. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. The firm has a market cap of $88.05 billion, a PE ratio of 34.40, a price-to-earnings-growth ratio of 2.30 and a beta of 1.24.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. During the same quarter in the previous year, the business earned $1.52 earnings per share. Emerson Electric's quarterly 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 analysts predict that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

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

Insider Activity

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm's stock in a transaction 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 owned 271,743 shares in the company, 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 filing with the SEC, which is accessible through this link. Insiders own 0.23% of the company's stock.

Analyst Upgrades and Downgrades

EMR has been the subject of several analyst reports. BMO Capital Markets raised their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. JPMorgan Chase & Co. upgraded Emerson Electric from a "neutral" rating to an "overweight" rating and set a $157.00 price target on the stock in a report on Friday, July 17th. Wall Street Zen raised Emerson Electric from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Barclays upped their price objective on Emerson Electric from $140.00 to $144.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company lifted their target price on Emerson Electric from $135.00 to $155.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 7th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $166.96.

Emerson Electric 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.

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