Puzo Michael J Takes Position in Emerson Electric Co. $EMR

Key Points

• Institutional interest increased: Michael J. Puzo acquired 6,987 Emerson Electric shares valued at approximately $1 million, while major investors including BlackRock, Norges Bank and Bank of New York Mellon also established or expanded positions. Institutional investors now own 74.3% of the company.
• Analyst sentiment is moderately bullish: Emerson has an average “Moderate Buy” rating, with 13 Buy, 10 Hold and 1 Sell recommendation. The consensus price target is $166.96, while RBC and Citigroup recently raised their targets to $179 and $182, respectively.
• Financial results and dividend remain solid: Emerson exceeded quarterly EPS and revenue estimates, reporting $1.71 EPS on $4.87 billion in revenue, and forecast full-year 2026 EPS of $6.55. The company declared a quarterly dividend of $0.555 per share, equivalent to a 1.4% yield.

Puzo Michael J bought a new stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,987 shares of the industrial products company's stock, valued at approximately $1,000,000.

Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Emerson Electric in the second quarter worth $6,193,425,000. Norges Bank purchased a new stake in Emerson Electric during the 4th quarter valued at about $1,050,040,000. Bank of New York Mellon Corp purchased a new position in Emerson Electric in the second quarter worth about $659,000,000. Bank of America Corp DE grew its holdings in shares of Emerson Electric by 13.1% during the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company's stock valued at $2,612,780,000 after buying an additional 2,302,055 shares during the last quarter. Finally, Deutsche Bank AG purchased a new position in Emerson Electric in the 2nd quarter worth approximately $211,212,000. Hedge funds and other institutional investors own 74.30% of the company's stock.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca 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 sale, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.23% of the company's stock.

Analyst Ratings Changes

EMR has been the subject of several research analyst reports. Royal Bank Of Canada lifted their price objective on Emerson Electric from $169.00 to $179.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Wall Street Zen upgraded shares of Emerson Electric from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Wells Fargo & Company increased their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the company an "equal weight" rating in a research report on Thursday, May 7th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Emerson Electric in a research report on Friday, July 31st. Finally, Citigroup boosted their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $166.96.

Emerson Electric Trading Down 0.1%

Shares of Emerson Electric stock opened at $157.60 on Thursday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35. The company's fifty day simple moving average is $147.50 and its 200-day simple moving average is $143.31. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The stock has a market capitalization of $88.27 billion, a PE ratio of 34.49, a P/E/G ratio of 2.35 and a beta of 1.24.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS 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 analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.Emerson Electric's revenue was up .0% on a year-over-year basis. During the same period in the prior year, the business posted $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. As a group, equities analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Announces Dividend

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