Sanctuary Advisors LLC Takes Position in Emerson Electric Co. $EMR

Key Points

• Sanctuary Advisors acquired 260,093 Emerson Electric shares in the second quarter, valued at approximately $37.2 million. Institutional investors and hedge funds collectively own 74.3% of EMR.
• Emerson exceeded quarterly expectations, reporting $1.71 in EPS versus the $1.68 consensus estimate and $4.87 billion in revenue versus $4.80 billion expected. The company maintained fiscal 2026 EPS guidance of $6.55.
• Emerson declared a quarterly dividend of $0.555 per share, or $2.22 annualized, representing a 1.4% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $166.96.

Sanctuary Advisors LLC 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 filing with the SEC. The institutional investor purchased 260,093 shares of the industrial products company's stock, valued at approximately $37,232,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of EMR. Vanguard Group Inc. grew its position 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 purchasing an additional 578,242 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Emerson Electric in the 2nd quarter worth approximately $6,193,425,000. State Street Corp raised its position in Emerson Electric by 2.0% in the 4th quarter. State Street Corp now owns 27,483,440 shares of the industrial products company's stock worth $3,647,602,000 after purchasing an additional 541,887 shares during the last quarter. Bank of America Corp DE boosted 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 valued at $2,612,780,000 after buying an additional 2,302,055 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Emerson Electric by 0.6% during 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 acquiring an additional 76,488 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Emerson Electric 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 transaction of $1,562,431.50. Following the completion of 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.23% of the company's stock.

Emerson Electric Trading Down 0.0%

NYSE EMR opened at $157.21 on Monday. 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 current ratio of 0.90 and a quick ratio of 0.66. The firm has a market cap of $88.05 billion, a P/E ratio of 34.40, a P/E/G ratio of 2.34 and a beta of 1.24. The stock's 50-day moving average is $148.04 and its 200-day moving average is $143.42.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping 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 business had revenue of $4.87 billion during the quarter, compared to analysts' expectations of $4.80 billion. During the same period in the prior year, the business earned $1.52 EPS. Emerson Electric'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. Sell-side analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on EMR. KeyCorp lowered their price objective on Emerson Electric from $185.00 to $170.00 and set an "overweight" rating for the company in a research report on Monday, July 13th. Citigroup upped their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Emerson Electric in a research note on Friday, July 31st. Wall Street Zen upgraded Emerson Electric from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Finally, JPMorgan Chase & Co. upgraded shares of Emerson Electric from a "neutral" rating to an "overweight" rating and set a $157.00 price target on the stock in a research report on Friday, July 17th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $166.96.

About Emerson Electric

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.

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source