Emerson Electric Co. $EMR Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC cut its stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 14.1% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 19,113 shares of the industrial products company’s stock after selling 3,140 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Emerson Electric were worth $2,736,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PensionDanmark Pensionsforsikringsaktieselskab boosted its holdings in Emerson Electric by 9.4% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock valued at $14,563,000 after acquiring an additional 8,700 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of Emerson Electric by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after purchasing an additional 928,548 shares during the period. Truist Financial Corp boosted its stake in shares of Emerson Electric by 4.6% during the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock valued at $157,294,000 after purchasing an additional 52,440 shares in the last quarter. Legal & General Group Plc increased its position in shares of Emerson Electric by 2.1% during the fourth quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock valued at $546,072,000 after buying an additional 84,064 shares during the period. Finally, Geode Capital Management LLC raised its stake in Emerson Electric by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after buying an additional 76,488 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analysts Set New Price Targets

EMR has been the topic of several research reports. BNP Paribas Exane lifted their price objective on Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. BMO Capital Markets increased their target price on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Stephens lifted their price target on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Sanford C. Bernstein reduced their price target on Emerson Electric from $175.00 to $169.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Finally, KeyCorp decreased their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average price target of $166.22.

Check Out Our Latest Report on EMR

Emerson Electric Price Performance

Shares of NYSE EMR opened at $163.92 on Thursday. The company has a 50 day simple moving average of $145.39 and a two-hundred day simple moving average of $142.88. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The company has a market capitalization of $91.81 billion, a price-to-earnings ratio of 35.87, a P/E/G ratio of 2.44 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the previous year, the firm posted $1.52 EPS. The business’s revenue for the quarter 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. Analysts expect that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently announced 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. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio is currently 48.58%.

Insider Buying and Selling at Emerson Electric

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 completion of the transaction, the chief executive officer directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.23% of the stock is owned by insiders.

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.

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

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