112,006 Shares in Emerson Electric Co. $EMR Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. bought a new stake in Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 112,006 shares of the industrial products company’s stock, valued at approximately $16,034,000.

A number of other hedge funds have also recently made changes to their positions in EMR. Basso Capital Management L.P. acquired a new position in shares of Emerson Electric in the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC acquired a new stake in Emerson Electric during the 2nd quarter worth approximately $27,000. IFC & Insurance Marketing Inc. bought a new stake in Emerson Electric during the 4th quarter worth approximately $27,000. Motiv8 Investments LLC acquired a new position in Emerson Electric in the 4th quarter valued at approximately $27,000. Finally, Ares Financial Consulting LLC acquired a new position in Emerson Electric in the 4th quarter valued at approximately $29,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Stock Performance

EMR opened at $154.97 on Wednesday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35. The company has a market cap of $86.80 billion, a price-to-earnings ratio of 33.91, a PEG ratio of 2.34 and a beta of 1.24. The company’s fifty day moving average price is $148.38 and its two-hundred day moving average price is $143.44. 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 (NYSE:EMRGet Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter last year, the company earned $1.52 earnings per share. 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, analysts expect that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued 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 48.58%.

Insider Buying and Selling

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were 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 owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on EMR shares. Citigroup lifted their price target on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. DA Davidson increased their price objective on Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a report on Monday. BMO Capital Markets raised their target price on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Stephens increased their price target on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $167.39.

Get Our Latest Stock Report on Emerson Electric

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.

Read More

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.