Visionary Wealth Advisors Takes $15.99 Million Position in Emerson Electric Co. $EMR

Visionary Wealth Advisors acquired a new stake in Emerson Electric Co. (NYSE:EMR - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 111,684 shares of the industrial products company's stock, valued at approximately $15,988,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EMR. Rooted Wealth Advisors Inc. lifted its position in shares of Emerson Electric by 3.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company's stock worth $291,000 after purchasing an additional 64 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its position in Emerson Electric by 2.4% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company's stock valued at $411,000 after buying an additional 72 shares during the period. Zhang Financial LLC grew its stake in shares of Emerson Electric by 2.7% in the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company's stock worth $384,000 after acquiring an additional 76 shares in the last quarter. Root Financial Partners LLC increased its position in shares of Emerson Electric by 3.6% during the fourth quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company's stock worth $296,000 after acquiring an additional 78 shares during the period. Finally, REAP Financial Group LLC raised its stake in shares of Emerson Electric by 4.4% in the fourth quarter. REAP Financial Group LLC now owns 1,892 shares of the industrial products company's stock valued at $251,000 after acquiring an additional 79 shares in the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. KeyCorp decreased their price objective on Emerson Electric from $185.00 to $170.00 and set an "overweight" rating for the company in a research note on Monday, July 13th. Wall Street Zen raised shares of Emerson Electric from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Citigroup lifted their price target on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Rothschild & Co Redburn boosted their price target on shares of Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Finally, BNP Paribas Exane raised their price objective on shares of Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Emerson Electric has an average rating of "Moderate Buy" and a consensus price target of $167.39.

Insider Activity

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the 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 transaction, the chief executive officer directly owned 271,743 shares of the company's stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.23% of the company's stock.

Emerson Electric Trading Up 0.2%

EMR opened at $157.56 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. The company has a market cap of $88.25 billion, a P/E ratio of 34.48, a PEG ratio of 2.34 and a beta of 1.24. The business's 50-day simple moving average is $148.26 and its 200-day simple moving average is $143.46.

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 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 return on equity of 17.58% and a net margin of 13.83%.The firm's revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. As a group, equities research analysts expect that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently announced 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 annualized dividend and a dividend yield of 1.4%. Emerson Electric's dividend payout ratio is presently 48.58%.

Emerson Electric 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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