Laffer Tengler Investments Inc. Increases Stock Holdings in Emerson Electric Co. $EMR

Laffer Tengler Investments Inc. boosted its position in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 18.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 62,011 shares of the industrial products company’s stock after purchasing an additional 9,708 shares during the period. Emerson Electric makes up 1.3% of Laffer Tengler Investments Inc.’s holdings, making the stock its 24th largest holding. Laffer Tengler Investments Inc.’s holdings in Emerson Electric were worth $8,135,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in shares of Emerson Electric during the 2nd quarter valued at $29,000. Winnow Wealth LLC bought a new stake in Emerson Electric during the second quarter valued at $34,000. Traub Capital Management LLC purchased a new position in Emerson Electric during the second quarter worth about $37,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Emerson Electric in the 2nd quarter valued at about $39,000. Finally, Financial Consulate Inc. bought a new stake in shares of Emerson Electric during the 3rd quarter valued at about $41,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Emerson Electric

In other Emerson Electric news, VP Nicholas J. Piazza sold 6,703 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $159.07, for a total value of $1,066,246.21. Following the sale, the vice president owned 31,664 shares of the company’s stock, valued at $5,036,792.48. This trade represents a 17.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Matthew S. Levatich sold 1,476 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total transaction of $239,348.16. Following the transaction, the director directly owned 24,349 shares of the company’s stock, valued at approximately $3,948,433.84. This trade represents a 5.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is currently owned by company insiders.

Emerson Electric Stock Performance

Emerson Electric stock opened at $146.43 on Wednesday. The firm has a fifty day simple moving average of $147.09 and a two-hundred day simple moving average of $137.54. The company has a quick ratio of 0.62, a current ratio of 0.84 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a twelve month low of $90.06 and a twelve month high of $165.15. The company has a market capitalization of $82.29 billion, a PE ratio of 35.80, a P/E/G ratio of 2.42 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.41 by $0.05. The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.37 billion. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The company’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.38 earnings per share. 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. Research analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.

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

Emerson Electric Announces Dividend

The business also recently disclosed 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. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, February 13th. Emerson Electric’s dividend payout ratio is 54.28%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Evercore raised their target price on shares of Emerson Electric from $170.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Wolfe Research lowered their price objective on shares of Emerson Electric from $177.00 to $176.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. UBS Group raised shares of Emerson Electric from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $131.00 to $168.00 in a report on Monday, January 5th. Barclays raised their price target on Emerson Electric from $135.00 to $145.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. Finally, JPMorgan Chase & Co. lifted their price target on Emerson Electric from $150.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Eleven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $164.85.

Read Our Latest Stock Analysis on Emerson Electric

Emerson Electric Profile

(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.

Read More

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.