Vest Financial LLC Sells 10,647 Shares of Emerson Electric Co. $EMR

Key Points

• Vest Financial reduced its Emerson Electric stake by 2.9% in the second quarter, selling 10,647 shares and retaining 353,768 shares valued at approximately $50.6 million. Institutional investors collectively own 74.3% of the company.
• Emerson beat quarterly expectations with adjusted EPS of $1.71 versus the $1.68 consensus and revenue of $4.87 billion versus $4.80 billion expected. The company reaffirmed fiscal 2026 EPS guidance of $6.55.
• Emerson declared a quarterly dividend of $0.555 per share, equivalent to an annualized $2.22 dividend and a 1.4% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $166.96.

Vest Financial LLC lessened its stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 2.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 353,768 shares of the industrial products company's stock after selling 10,647 shares during the period. Vest Financial LLC owned about 0.06% of Emerson Electric worth $50,642,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. PensionDanmark Pensionsforsikringsaktieselskab increased its holdings in shares of Emerson Electric by 9.4% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company's stock valued at $14,563,000 after acquiring an additional 8,700 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Emerson Electric by 14.8% during the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company's stock worth $954,405,000 after purchasing an additional 928,548 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Emerson Electric by 4.6% during the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company's stock worth $157,294,000 after purchasing an additional 52,440 shares during the last quarter. Geode Capital Management LLC boosted its position in 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 valued at $1,628,638,000 after purchasing an additional 76,488 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in Emerson Electric by 2.1% in the fourth quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company's stock valued at $546,072,000 after purchasing an additional 84,064 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company's stock.

Insider Buying and Selling

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company's stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the sale, the chief executive officer directly owned 271,743 shares of the company's stock, valued at $43,997,909.13. This 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. Insiders own 0.23% of the company's stock.

Emerson Electric Stock Performance

Shares of EMR opened at $163.07 on Friday. 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 stock has a 50-day moving average of $146.32 and a two-hundred day moving average of $143.14. The stock has a market cap of $91.33 billion, a P/E ratio of 35.68, a P/E/G ratio of 2.43 and a beta of 1.24. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion during the quarter, compared to analysts' expectations of $4.80 billion. During the same period last year, the business posted $1.52 earnings per share. The company'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, research analysts predict that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be given a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric's dividend payout ratio (DPR) is currently 48.58%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Wall Street Zen raised shares of Emerson Electric from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. DA Davidson assumed coverage on shares of Emerson Electric in a research report on Tuesday, June 16th. They issued a "neutral" rating and a $145.00 price objective on the stock. Stephens boosted their price objective on shares of Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. KeyCorp decreased their target price on shares of Emerson Electric from $185.00 to $170.00 and set an "overweight" rating for the company in a research report on Monday, July 13th. Finally, Wells Fargo & Company lifted their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an "equal weight" rating in a report on Thursday, May 7th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $166.96.

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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