SCS Capital Management LLC acquired a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,014 shares of the industrial products company’s stock, valued at approximately $1,004,000.
Several other institutional investors have also recently added to or reduced their stakes in EMR. Rooted Wealth Advisors Inc. raised its holdings in shares of Emerson Electric by 3.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after purchasing an additional 64 shares during the period. Institute for Wealth Management LLC. boosted its holdings in shares of Emerson Electric by 1.6% in the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after buying an additional 71 shares during the period. Cary Street Partners Investment Advisory LLC grew its position in shares of Emerson Electric by 2.4% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after buying an additional 72 shares during the last quarter. Zhang Financial LLC raised its stake in Emerson Electric by 2.7% during the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after acquiring an additional 76 shares during the period. Finally, Klingman & Associates LLC lifted its holdings in Emerson Electric by 1.4% in the fourth quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock worth $754,000 after acquiring an additional 78 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently commented on EMR shares. HSBC upped their target price on Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. BNP Paribas Exane raised their price target on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Daiwa Securities Group reduced their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a research report on Friday, July 17th. Finally, Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $166.96.
Emerson Electric Price Performance
Shares of NYSE:EMR opened at $163.07 on Monday. The firm’s 50 day moving average is $146.32 and its two-hundred day moving average is $143.09. The firm has a market capitalization of $91.33 billion, a P/E ratio of 35.68, a PEG ratio of 2.43 and a beta of 1.24. The company has a current ratio of 0.90, a quick ratio of 0.66 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.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The business had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the previous year, the firm posted $1.52 earnings per share. The business’s revenue was up .0% on a year-over-year basis. 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. Analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current year.
Emerson Electric Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be paid a $0.555 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio is presently 48.58%.
Insider Activity
In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.
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.
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