National Pension Service Sells 21,422 Shares of Emerson Electric Co. $EMR

National Pension Service lessened its stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,378,378 shares of the industrial products company’s stock after selling 21,422 shares during the period. National Pension Service’s holdings in Emerson Electric were worth $182,938,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in EMR. Ares Financial Consulting LLC bought a new position in shares of Emerson Electric in the 4th quarter valued at about $29,000. Darwin Wealth Management LLC bought a new position in shares of Emerson Electric in the 2nd quarter valued at about $29,000. Steph & Co. bought a new position in shares of Emerson Electric in the 4th quarter valued at about $33,000. Wealth Watch Advisors INC bought a new position in shares of Emerson Electric in the 3rd quarter valued at about $33,000. Finally, Strategic Wealth Advisors LLC bought a new position in shares of Emerson Electric in the 4th quarter valued at about $41,000. Institutional investors own 74.30% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on EMR shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. HSBC increased their price target on shares of Emerson Electric from $165.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Stephens increased their price target on shares of Emerson Electric from $145.00 to $155.00 and gave the company an “equal weight” rating in a report on Monday, February 9th. Daiwa Securities Group lowered their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Finally, Barclays increased their price objective on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Emerson Electric has a consensus rating of “Hold” and an average target price of $163.24.

Read Our Latest Stock Report on Emerson Electric

Insider Transactions at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, the chief executive officer directly owned 281,393 shares of the company’s stock, valued at approximately $40,047,851.76. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.23% of the stock is currently owned by insiders.

Emerson Electric Stock Up 1.5%

Shares of NYSE EMR opened at $143.91 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. The company has a market cap of $80.60 billion, a P/E ratio of 33.23, a PEG ratio of 2.26 and a beta of 1.26. Emerson Electric Co. has a 1 year low of $117.16 and a 1 year high of $165.15. The firm has a 50-day simple moving average of $137.27 and a two-hundred day simple moving average of $139.58.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.01. The business had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.48 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. Research analysts anticipate that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a $0.555 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.5%. Emerson Electric’s dividend payout ratio (DPR) is presently 51.27%.

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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