Mackenzie Financial Corp Sells 194,398 Shares of Emerson Electric Co. $EMR

Mackenzie Financial Corp trimmed its stake in shares of Emerson Electric Co. (NYSE:EMR) by 24.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 601,740 shares of the industrial products company’s stock after selling 194,398 shares during the quarter. Mackenzie Financial Corp owned approximately 0.11% of Emerson Electric worth $78,936,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its stake in Emerson Electric by 74.1% in the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock worth $1,412,000 after purchasing an additional 4,850 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Emerson Electric in the first quarter worth $232,000. Caxton Associates LLP bought a new stake in Emerson Electric during the 1st quarter valued at $275,000. Sivia Capital Partners LLC bought a new stake in Emerson Electric during the 2nd quarter valued at $203,000. Finally, Ignite Planners LLC purchased a new stake in Emerson Electric during the 2nd quarter valued at $237,000. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Down 0.3%

Shares of Emerson Electric stock opened at $139.63 on Thursday. Emerson Electric Co. has a 52-week low of $90.06 and a 52-week high of $165.15. The firm’s 50 day moving average price is $147.80 and its 200-day moving average price is $137.90. The company has a quick ratio of 0.62, a current ratio of 0.84 and a debt-to-equity ratio of 0.37. The company has a market cap of $78.47 billion, a P/E ratio of 34.14, a PEG ratio of 2.23 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.05. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The firm had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.37 billion. During the same period last year, the company earned $1.38 earnings per share. The company’s revenue was up 4.1% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. On average, sell-side analysts predict that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 13th were paid a $0.555 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. Emerson Electric’s dividend payout ratio is presently 54.28%.

Analyst Ratings Changes

A number of brokerages recently weighed in on EMR. Wells Fargo & Company lifted their price objective on shares of Emerson Electric from $145.00 to $160.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Daiwa Securities Group boosted their price target on Emerson Electric from $153.00 to $177.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Barclays raised their price objective on Emerson Electric from $135.00 to $145.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 7th. Morgan Stanley increased their price target on Emerson Electric from $115.00 to $125.00 and gave the stock an “underweight” rating in a research report on Friday, January 9th. Finally, Evercore lifted their price objective on Emerson Electric from $170.00 to $185.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Eleven 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $164.85.

Insider Transactions at Emerson Electric

In other Emerson Electric news, Director Matthew S. Levatich sold 1,476 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total transaction of $239,348.16. Following the completion of the transaction, the director owned 24,349 shares in the company, valued at approximately $3,948,433.84. This represents a 5.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Nicholas J. Piazza sold 6,703 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $159.07, for a total value of $1,066,246.21. Following the completion of the sale, the vice president owned 31,664 shares in the company, valued at approximately $5,036,792.48. This trade represents a 17.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is currently owned by corporate insiders.

Emerson Electric Profile

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.