HighTower Advisors LLC Acquires 36,111 Shares of Emerson Electric Co. $EMR

HighTower Advisors LLC grew its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 5.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 695,266 shares of the industrial products company’s stock after purchasing an additional 36,111 shares during the quarter. HighTower Advisors LLC’s holdings in Emerson Electric were worth $91,206,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EMR. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in Emerson Electric by 1.7% in the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,338 shares of the industrial products company’s stock valued at $578,000 after acquiring an additional 71 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Emerson Electric by 3.5% during the third quarter. Revolve Wealth Partners LLC now owns 2,308 shares of the industrial products company’s stock worth $303,000 after buying an additional 79 shares during the last quarter. Atlas Legacy Advisors LLC increased its holdings in Emerson Electric by 2.1% in the 3rd quarter. Atlas Legacy Advisors LLC now owns 3,921 shares of the industrial products company’s stock worth $514,000 after purchasing an additional 79 shares in the last quarter. Unison Advisors LLC raised its holdings in Emerson Electric by 0.4% in the 3rd quarter. Unison Advisors LLC now owns 21,496 shares of the industrial products company’s stock valued at $2,820,000 after buying an additional 80 shares during the last quarter. Finally, Live Oak Private Wealth LLC grew its stake in shares of Emerson Electric by 1.9% in the third quarter. Live Oak Private Wealth LLC now owns 4,407 shares of the industrial products company’s stock worth $578,000 after purchasing an additional 81 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on EMR. Royal Bank Of Canada boosted their target price on shares of Emerson Electric from $153.00 to $176.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Stephens boosted their price objective on Emerson Electric from $145.00 to $155.00 and gave the stock an “equal weight” rating in a report on Monday, February 9th. JPMorgan Chase & Co. raised their price target on shares of Emerson Electric from $150.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Rothschild & Co Redburn upped their target price on Emerson Electric from $154.00 to $165.00 and gave the company a “buy” rating in a report on Monday, February 9th. Finally, Barclays lifted their target price on Emerson Electric from $135.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 7th. Eleven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $164.90.

Read Our Latest Stock Analysis on EMR

Emerson Electric Stock Performance

NYSE EMR opened at $148.35 on Monday. The company has a market capitalization of $83.37 billion, a P/E ratio of 36.27, a P/E/G ratio of 2.35 and a beta of 1.26. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.62 and a current ratio of 0.84. Emerson Electric Co. has a 52-week low of $90.06 and a 52-week high of $165.15. The company has a fifty day moving average of $143.65 and a 200-day moving average of $136.42.

Emerson Electric (NYSE:EMRGet Free Report) last issued its earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.05. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The company had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.37 billion. During the same quarter last year, the company earned $1.38 EPS. The firm’s revenue was up 4.1% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. As a group, equities research analysts predict that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th will be paid a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. Emerson Electric’s payout ratio is 54.28%.

Emerson Electric declared that its board has authorized a stock repurchase plan on Wednesday, November 5th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the industrial products company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total value of $965,979.00. Following the completion of the sale, the chief executive officer directly owned 196,292 shares of the company’s stock, valued at approximately $26,106,836. This trade represents a 3.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Matthew S. Levatich sold 1,476 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total transaction of $239,348.16. Following the sale, the director owned 24,349 shares in the company, valued at approximately $3,948,433.84. This trade represents a 5.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 15,442 shares of company stock valued at $2,271,573 over the last quarter. 0.23% of the stock is owned by company insiders.

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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