Mirova lifted its position in Emerson Electric Co. (NYSE:EMR – Free Report) by 20.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,051 shares of the industrial products company’s stock after buying an additional 11,997 shares during the quarter. Emerson Electric comprises approximately 1.3% of Mirova’s holdings, making the stock its 22nd biggest position. Mirova’s holdings in Emerson Electric were worth $9,320,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in shares of Emerson Electric during the 2nd quarter worth about $29,000. Wealth Watch Advisors INC acquired a new position in Emerson Electric during the third quarter worth approximately $33,000. Winnow Wealth LLC bought a new position in shares of Emerson Electric during the 2nd quarter worth approximately $34,000. Traub Capital Management LLC acquired a new position in shares of Emerson Electric during the 2nd quarter worth approximately $37,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Emerson Electric in the 2nd quarter valued at $39,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Emerson Electric
In related news, Director Matthew S. Levatich sold 1,476 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total value of $239,348.16. Following the completion of the transaction, the director owned 24,349 shares of the company’s stock, valued at $3,948,433.84. The trade was a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the sale, the chief executive officer directly owned 281,393 shares of the company’s stock, valued at $40,047,851.76. This represents a 1.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 13,879 shares of company stock valued at $2,116,818 in the last three months. Corporate insiders own 0.23% of the company’s stock.
Emerson Electric Trading Down 2.1%
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the previous year, the firm posted $1.38 EPS. The business’s revenue for the quarter 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, sell-side analysts forecast that Emerson Electric Co. will post 5.96 EPS for the current year.
Emerson Electric Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th were paid a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Friday, February 13th. Emerson Electric’s dividend payout ratio (DPR) is 54.28%.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. 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 research report on Monday, January 5th. Deutsche Bank Aktiengesellschaft cut shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $170.00 target price for the company. in a research note on Thursday, February 5th. KeyCorp lifted their target price on shares of Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. TD Cowen cut shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $150.00 price target on the stock. in a report on Friday, January 9th. Finally, Loop Capital raised their price objective on shares of Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Eleven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $164.85.
View Our Latest Stock Report on EMR
About Emerson Electric
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.
Further Reading
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