Saratoga Research & Investment Management Makes New $10.30 Million Investment in Emerson Electric Co. $EMR

Saratoga Research & Investment Management bought a new stake in shares of Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 71,924 shares of the industrial products company’s stock, valued at approximately $10,296,000. Emerson Electric comprises about 0.6% of Saratoga Research & Investment Management’s investment portfolio, making the stock its 28th largest holding.

A number of other large investors also recently modified their holdings of EMR. Norges Bank acquired a new position in shares of Emerson Electric in the 4th quarter valued at about $1,050,040,000. Bank of America Corp DE raised its stake in Emerson Electric by 13.1% during the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after acquiring an additional 2,302,055 shares during the period. Janus Henderson Group PLC lifted its holdings in Emerson Electric by 95.7% in the first quarter. Janus Henderson Group PLC now owns 2,207,707 shares of the industrial products company’s stock worth $289,262,000 after acquiring an additional 1,079,665 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Emerson Electric by 17.8% in the fourth quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock valued at $822,618,000 after acquiring an additional 938,051 shares during the period. Finally, Fisher Asset Management LLC grew its holdings in shares of Emerson Electric by 14.8% during the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after purchasing an additional 928,548 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Royal Bank Of Canada increased their price target on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Sanford C. Bernstein upped their price objective on Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a research note on Friday. Rothschild & Co Redburn increased their target price on Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. KeyCorp cut their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Finally, HSBC upped their price target on shares of Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $166.96.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the 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 directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This 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.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $163.07 on Friday. The stock has a market cap of $91.33 billion, a P/E ratio of 35.68, a P/E/G ratio of 2.44 and a beta of 1.24. The firm’s 50-day simple moving average is $146.32 and its 200 day simple moving average is $143.14. 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 quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same quarter last year, the business earned $1.52 earnings per share. The business’s revenue for the quarter was up .0% on a year-over-year basis. 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. Equities analysts expect that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

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

About Emerson Electric

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.