453,473 Shares in Emerson Electric Co. $EMR Bought by Korea Investment CORP

Korea Investment CORP acquired a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 453,473 shares of the industrial products company’s stock, valued at approximately $64,915,000. Korea Investment CORP owned approximately 0.08% of Emerson Electric at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. EP Wealth Advisors LLC purchased a new stake in shares of Emerson Electric in the second quarter valued at about $5,874,000. Heartland Bank & Trust Co bought a new stake in Emerson Electric in the 2nd quarter worth about $1,280,000. Ieq Capital LLC purchased a new stake in Emerson Electric in the 2nd quarter valued at about $772,000. Burnham & Co LLC bought a new position in shares of Emerson Electric during the 2nd quarter worth approximately $143,000. Finally, Callan Family Office LLC purchased a new position in shares of Emerson Electric in the 2nd quarter worth approximately $3,071,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Performance

Shares of EMR opened at $157.21 on Friday. The firm has a market cap of $88.05 billion, a PE ratio of 34.40, a PEG ratio of 2.30 and a beta of 1.24. The stock’s fifty day moving average price is $148.04 and its two-hundred day moving average price is $143.46. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share 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 company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the prior year, the company earned $1.52 EPS. The firm’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. On average, equities research analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be given a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is owned by insiders.

Analyst Ratings Changes

EMR has been the subject of several recent analyst reports. Rothschild & Co Redburn upped their target price on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. HSBC boosted their price objective on Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Stephens lifted their target price on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their price target on shares of Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $166.96.

Read Our Latest Stock Analysis on EMR

Emerson Electric Company 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.

See Also

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

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