Kimelman & Baird LLC Invests $9.81 Million in Emerson Electric Co. $EMR

Key Points

• Kimelman & Baird LLC acquired 68,535 Emerson Electric shares in the second quarter, valued at approximately $9.81 million. Institutional investors collectively own 74.3% of the company.
• Analysts maintain a generally positive view, with 13 Buy, 10 Hold, and 1 Sell rating; Emerson has a consensus rating of “Moderate Buy” and an average price target of $167.83.
• Emerson exceeded quarterly earnings expectations with $1.71 EPS and $4.87 billion in revenue, while declaring a quarterly dividend of $0.555 per share, equivalent to a 1.4% annualized yield.

Kimelman & Baird LLC acquired a new position in Emerson Electric Co. (NYSE:EMR - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 68,535 shares of the industrial products company's stock, valued at approximately $9,811,000.

Other hedge funds have also bought and sold shares of the company. Rooted Wealth Advisors Inc. raised its stake in Emerson Electric by 3.0% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company's stock worth $291,000 after acquiring an additional 64 shares during the period. Cary Street Partners Investment Advisory LLC grew its position in shares of Emerson Electric by 2.4% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company's stock valued at $411,000 after purchasing an additional 72 shares in the last quarter. Zhang Financial LLC increased its stake in Emerson Electric by 2.7% in the 4th quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company's stock worth $384,000 after acquiring an additional 76 shares during the last quarter. Root Financial Partners LLC raised its stake in Emerson Electric by 3.6% during the fourth quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company's stock valued at $296,000 after purchasing an additional 78 shares in the last quarter. Finally, REAP Financial Group LLC raised its position in shares of Emerson Electric by 4.4% during the 4th quarter. REAP Financial Group LLC now owns 1,892 shares of the industrial products company's stock valued at $251,000 after buying an additional 79 shares in the last quarter. Institutional investors own 74.30% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on EMR. Citigroup raised their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Emerson Electric in a research report on Friday, July 31st. BNP Paribas Exane lifted their target price on Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Stephens upped their price target on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Finally, Rothschild & Co Redburn increased their price objective on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Emerson Electric presently has an average rating of "Moderate Buy" and a consensus price target of $167.83.

Insider Buying and Selling

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value 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 represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.23% of the stock is owned by company insiders.

Emerson Electric Stock Down 1.5%

NYSE EMR opened at $155.37 on Friday. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. The company has a market cap of $87.02 billion, a P/E ratio of 34.00, a P/E/G ratio of 2.35 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The business has a fifty day moving average price of $148.79 and a 200 day moving average price of $143.58.

Emerson Electric (NYSE:EMR - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (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 firm had revenue of $4.87 billion during the quarter, compared to analysts' expectations of $4.80 billion. During the same period last year, the business earned $1.52 earnings per share. Emerson Electric's revenue was up .0% compared to the same quarter last year. 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. Research analysts anticipate that Emerson Electric Co. will post 6.54 EPS for the current fiscal year.

Emerson Electric Announces Dividend

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

Emerson Electric Company 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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