Northwestern Mutual Wealth Management Co. Makes New $67 Million Investment in Emerson Electric Co. $EMR

Key Points

• Northwestern Mutual Wealth Management purchased 468,029 Emerson Electric shares worth approximately $67 million, while institutional investors collectively own 74.3% of the company.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $166.96; recent upgrades and target increases include Bernstein to $186 and Citigroup to $182.
• Emerson exceeded quarterly earnings and revenue expectations, reporting $1.71 EPS and $4.87 billion in revenue, and declared a quarterly dividend of $0.555, representing a 1.4% annualized yield.

Northwestern Mutual Wealth Management Co. purchased a new position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 468,029 shares of the industrial products company's stock, valued at approximately $66,998,000. Northwestern Mutual Wealth Management Co. owned about 0.08% of Emerson Electric at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric in the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC acquired a new stake in Emerson Electric in the 2nd quarter valued at $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Emerson Electric in the fourth quarter worth about $27,000. Motiv8 Investments LLC acquired a new position in shares of Emerson Electric in the 4th quarter worth approximately $27,000. Finally, MidFirst Bank acquired a new position in shares of Emerson Electric during the second quarter valued at $31,000. Institutional investors and hedge funds own 74.30% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Sanford C. Bernstein lifted their price objective on shares of Emerson Electric from $169.00 to $186.00 and gave the stock an "outperform" rating in a research report on Friday, August 14th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Emerson Electric in a research note on Friday, July 31st. DA Davidson initiated coverage on Emerson Electric in a report on Tuesday, June 16th. They issued a "neutral" rating and a $145.00 price objective for the company. JPMorgan Chase & Co. raised shares of Emerson Electric from a "neutral" rating to an "overweight" rating and set a $157.00 target price for the company in a research report on Friday, July 17th. Finally, Citigroup upped their price target 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. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $166.96.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business's stock in a transaction dated 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 $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.23% of the company's stock.

Emerson Electric Stock Performance

Shares of EMR stock opened at $157.21 on Friday. The firm's 50-day simple moving average is $148.04 and its two-hundred day simple moving average is $143.46. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. The firm has a market cap of $88.05 billion, a price-to-earnings ratio of 34.40, a P/E/G ratio of 2.34 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.

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, 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 company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same period in the previous year, the company posted $1.52 EPS. The firm's revenue for the quarter 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. As a group, equities analysts forecast that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Dividend Announcement

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