Great Lakes Advisors LLC Invests $24.27 Million in Emerson Electric Co. $EMR

Great Lakes Advisors LLC acquired a new stake in Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 169,549 shares of the industrial products company’s stock, valued at approximately $24,271,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EMR. PensionDanmark Pensionsforsikringsaktieselskab raised its holdings in Emerson Electric by 9.4% in the 2nd 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 during the last quarter. Fisher Asset Management LLC increased its holdings in shares of Emerson Electric by 14.8% in 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. Truist Financial Corp boosted its stake in Emerson Electric by 4.6% during the fourth quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock worth $157,294,000 after buying an additional 52,440 shares during the last quarter. Legal & General Group Plc grew its holdings in Emerson Electric by 2.1% in the 4th 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 in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Emerson Electric by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after acquiring an additional 76,488 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Stock Down 2.6%

Shares of NYSE EMR opened at $157.82 on Wednesday. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $147.09 and its two-hundred day moving average is $143.26. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35. The firm has a market cap of $88.39 billion, a price-to-earnings ratio of 34.53, a PEG ratio of 2.43 and a beta of 1.24.

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 the consensus estimate 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 during the quarter, compared to analyst estimates of $4.80 billion. During the same quarter last year, the firm posted $1.52 earnings per share. 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. Research analysts predict that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a $0.555 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 annualized dividend and a yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

Analyst Ratings Changes

EMR has been the subject of a number of analyst reports. Citigroup upped their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price for the company in a research note on Friday, July 17th. KeyCorp reduced their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Stephens increased their price target on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Finally, BMO Capital Markets raised their price objective on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $166.96.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’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 transaction, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is owned by corporate insiders.

Emerson Electric Company 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.