Vest Financial LLC Trims Stake in Emerson Electric Co. $EMR

Vest Financial LLC lessened its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 28.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 388,294 shares of the industrial products company’s stock after selling 152,159 shares during the quarter. Vest Financial LLC’s holdings in Emerson Electric were worth $50,936,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EMR. Brighton Jones LLC boosted its stake in Emerson Electric by 74.1% during the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock worth $1,412,000 after buying an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Emerson Electric in the first quarter valued at $232,000. Caxton Associates LLP acquired a new stake in shares of Emerson Electric during the first quarter valued at about $275,000. Sivia Capital Partners LLC purchased a new position in shares of Emerson Electric during the 2nd quarter worth approximately $203,000. Finally, Silver Oak Securities Incorporated purchased a new stake in Emerson Electric in the second quarter valued at approximately $233,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Up 1.3%

Shares of NYSE:EMR opened at $147.06 on Wednesday. Emerson Electric Co. has a fifty-two week low of $90.06 and a fifty-two week high of $151.34. The firm’s 50 day moving average price is $136.11 and its 200 day moving average price is $135.38. The company has a quick ratio of 0.65, a current ratio of 0.88 and a debt-to-equity ratio of 0.41. The stock has a market cap of $82.69 billion, a price-to-earnings ratio of 36.42, a price-to-earnings-growth ratio of 2.42 and a beta of 1.26.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $1.62 EPS for the quarter, hitting the consensus estimate of $1.62. The company had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.91 billion. Emerson Electric had a return on equity of 15.87% and a net margin of 12.73%.The firm’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. As a group, equities research analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were paid a dividend of $0.555 per share. The ex-dividend date was Friday, November 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s dividend payout ratio (DPR) is currently 54.95%.

Emerson Electric declared that its Board of Directors has initiated a stock buyback plan on Wednesday, November 5th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the industrial products company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Wolfe Research lifted their price objective on Emerson Electric from $168.00 to $172.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. Weiss Ratings restated a “buy (b-)” rating on shares of Emerson Electric in a report on Wednesday, October 8th. TD Cowen lowered shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $150.00 price target on the stock. in a research note on Friday, January 9th. Daiwa Capital Markets raised their price objective on shares of Emerson Electric from $150.00 to $153.00 and gave the company an “outperform” rating in a research note on Wednesday, September 24th. Finally, UBS Group raised shares of Emerson Electric from a “neutral” rating to a “buy” rating and upped their target price for the stock from $131.00 to $168.00 in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $154.76.

Read Our Latest Stock Analysis on Emerson Electric

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of Emerson Electric stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total value of $965,979.00. Following the transaction, the chief executive officer directly owned 196,292 shares in the company, valued at approximately $26,106,836. The trade was a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.23% of the company’s stock.

About Emerson Electric

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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