Emerson Electric Co. $EMR Shares Sold by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. trimmed its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 7.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 78,604 shares of the industrial products company’s stock after selling 6,498 shares during the period. Johnson Investment Counsel Inc.’s holdings in Emerson Electric were worth $11,252,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in EMR. Basso Capital Management L.P. purchased a new stake in Emerson Electric in the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC purchased a new position in shares of Emerson Electric during the second quarter worth $27,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Emerson Electric in the fourth quarter valued at $27,000. Motiv8 Investments LLC purchased a new stake in shares of Emerson Electric in the 4th quarter valued at $27,000. Finally, Ares Financial Consulting LLC acquired a new position in Emerson Electric during the 4th quarter worth about $29,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Down 0.7%

Shares of Emerson Electric stock opened at $163.07 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35. The company has a market capitalization of $91.33 billion, a P/E ratio of 35.68, a P/E/G ratio of 2.44 and a beta of 1.24. The company has a 50 day moving average of $146.32 and a 200 day moving average of $143.14.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the prior year, the firm posted $1.52 EPS. The company’s quarterly revenue was up .0% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. As a group, research analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio is 48.58%.

Analyst Ratings Changes

A number of brokerages recently commented on EMR. Citigroup raised their target price on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. BMO Capital Markets increased their price target on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Rothschild & Co Redburn raised their price objective on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. HSBC lifted their price objective on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Finally, KeyCorp reduced their target price on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Thirteen 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.com, the stock has an average rating of “Moderate Buy” and an average price target of $166.96.

Get Our Latest Stock Report on Emerson Electric

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the completion of the sale, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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.

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

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