Teamwork Financial Advisors LLC Sells 24,791 Shares of Emerson Electric Co. $EMR

Key Points

• Teamwork Financial Advisors cut its Emerson Electric stake by 93% in the second quarter, selling 24,791 shares and retaining 1,874 shares valued at approximately $268,000. Institutional investors collectively own 74.3% of EMR.
• Analyst sentiment remains positive, with a “Moderate Buy” consensus and an average price target of $167.83. Recent target increases ranged from $157 to $180, although Morgan Stanley maintained an “underweight” rating with a $135 target.
• Emerson Electric exceeded quarterly expectations, reporting $1.71 in adjusted EPS versus $1.68 expected and $4.87 billion in revenue versus $4.80 billion forecast. The company also declared a quarterly dividend of $0.555 per share, implying a 1.5% annualized yield.

Teamwork Financial Advisors LLC lessened its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 93.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,874 shares of the industrial products company's stock after selling 24,791 shares during the period. Teamwork Financial Advisors LLC's holdings in Emerson Electric were worth $268,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of EMR. Basso Capital Management L.P. bought a new stake in shares of Emerson Electric in the 4th quarter worth about $25,000. Allied Private Wealth LLC purchased a new position in Emerson Electric in the second quarter worth about $27,000. IFC & Insurance Marketing Inc. bought a new stake in Emerson Electric during the fourth quarter worth approximately $27,000. Motiv8 Investments LLC purchased a new stake in Emerson Electric during the fourth quarter valued at approximately $27,000. Finally, Orion Capital Management LLC bought a new stake in shares of Emerson Electric in the 2nd quarter valued at approximately $29,000. Hedge funds and other institutional investors own 74.30% of the company's stock.

Wall Street Analysts Forecast Growth

EMR has been the topic of several recent research reports. BMO Capital Markets increased their price target on Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. JPMorgan Chase & Co. raised shares of Emerson Electric from a "neutral" rating to an "overweight" rating and set a $157.00 target price on the stock in a research note on Friday, July 17th. Stephens raised their target price on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Morgan Stanley lifted their price target on shares of Emerson Electric from $125.00 to $135.00 and gave the stock an "underweight" rating in a research note on Friday, August 28th. 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 assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Emerson Electric currently has an average rating of "Moderate Buy" and an average target price of $167.83.

Insider Activity at Emerson Electric

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric 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 completion of the sale, the chief executive officer owned 271,743 shares of the company's stock, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.23% of the company's stock.

Emerson Electric Stock Down 0.5%

NYSE:EMR opened at $152.12 on Wednesday. The company has a market cap of $85.20 billion, a price-to-earnings ratio of 33.29, a price-to-earnings-growth ratio of 2.29 and a beta of 1.24. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The stock has a fifty day simple moving average of $149.73 and a 200-day simple moving average of $143.45.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping analysts' consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion for 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 business's revenue for the quarter was up .0% on a year-over-year basis. During the same period in the prior year, the business posted $1.52 earnings per share. 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. Analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

The business also recently announced 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 1.5%. The ex-dividend date is Friday, August 14th. Emerson Electric's dividend payout ratio is currently 48.58%.

Emerson Electric Profile

Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company's portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.

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