Osmosis Investment Management UK Ltd acquired a new position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,753 shares of the industrial products company's stock, valued at approximately $1,539,000.
Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Emerson Electric by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company's stock valued at $7,287,546,000 after acquiring an additional 578,242 shares during the period. BlackRock Inc. purchased a new position in shares of Emerson Electric during the 2nd quarter worth about $6,193,425,000. State Street Corp grew its holdings in Emerson Electric by 2.0% during the 4th quarter. State Street Corp now owns 27,483,440 shares of the industrial products company's stock valued at $3,647,602,000 after purchasing an additional 541,887 shares during the last quarter. Bank of America Corp DE raised its position in Emerson Electric by 13.1% in 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, Geode Capital Management LLC lifted its stake in Emerson Electric by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company's stock worth $1,628,638,000 after purchasing an additional 76,488 shares during the last quarter. 74.30% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. Stephens upped their target price on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. DA Davidson raised their price target on Emerson Electric from $145.00 to $155.00 and gave the stock a "neutral" rating in a research note on Monday. Wall Street Zen upgraded Emerson Electric from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. BMO Capital Markets increased their target price on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Finally, Rothschild & Co Redburn lifted their target price on Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Thirteen research 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 data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $167.39.
Get Our Latest Stock Report on Emerson Electric
Insider Activity at Emerson Electric
In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company'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 completion of the sale, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.23% of the company's stock.
Emerson Electric Trading Up 0.2%
NYSE EMR opened at $157.56 on Tuesday. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. 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 company has a market capitalization of $88.25 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24. The company's 50-day simple moving average is $148.26 and its two-hundred day simple moving average is $143.46.
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 for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to analysts' expectations of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company's revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.52 EPS. 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. Equities analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders 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 dividend yield of 1.4%. Emerson Electric's dividend payout ratio (DPR) is currently 48.58%.
About Emerson Electric
(
Free Report)
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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