Generali Asset Management SPA SGR grew its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 10.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 47,536 shares of the industrial products company’s stock after buying an additional 4,470 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Emerson Electric were worth $7,373,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the business. PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in shares of Emerson Electric by 9.4% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock valued at $14,563,000 after purchasing an additional 8,700 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Emerson Electric during the second quarter valued at about $6,193,425,000. Corient Private Wealth LP purchased a new position in shares of Emerson Electric during the second quarter valued at about $129,817,000. Generali Investments Management Co LLC raised its stake in Emerson Electric by 91.2% in the second quarter. Generali Investments Management Co LLC now owns 31,339 shares of the industrial products company’s stock worth $4,486,000 after buying an additional 14,952 shares in the last quarter. Finally, Concurrent Investment Advisors LLC raised its stake in Emerson Electric by 21.5% in the second quarter. Concurrent Investment Advisors LLC now owns 66,724 shares of the industrial products company’s stock worth $9,552,000 after buying an additional 11,802 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several brokerages have commented on EMR. Citigroup raised their price objective 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. Royal Bank Of Canada upped their target price on Emerson Electric from $179.00 to $188.00 and gave the stock an “outperform” rating in a report on Wednesday, October 14th. HSBC increased their target price on Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft increased their price objective on Emerson Electric from $169.00 to $174.00 and gave the stock a “hold” rating in a report on Wednesday, September 30th. Finally, KeyCorp lowered their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average target price of $172.17.
Check Out Our Latest Stock Analysis on Emerson Electric
Insider Activity at Emerson Electric
In related news, CEO Surendralal 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 of the company’s stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is currently owned by insiders.
Emerson Electric Stock Performance
Shares of Emerson Electric stock opened at $167.59 on Thursday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $168.62. The firm’s 50-day moving average is $156.60 and its 200 day moving average is $146.93. The stock has a market cap of $93.86 billion, a price-to-earnings ratio of 36.67, a PEG ratio of 2.22 and a beta of 1.21. 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 (NYSE:EMR – Get Free Report) last released its quarterly earnings data 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 business had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric’s revenue was up .0% compared to the same quarter last year. During the same period last year, the business earned $1.52 EPS. 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. Sell-side analysts anticipate that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.
Emerson Electric Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a dividend of $0.5550 per share. The ex-dividend date was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.3%. Emerson Electric’s dividend payout ratio is presently 48.58%.
About Emerson Electric
Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.
The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.
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