United Bank Takes Position in Emerson Electric Co. $EMR

United Bank bought a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 12,553 shares of the industrial products company’s stock, valued at approximately $1,797,000.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in Emerson Electric by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock valued at $7,287,546,000 after purchasing an additional 578,242 shares during the last quarter. BlackRock Inc. bought a new position in shares of Emerson Electric in the second quarter worth approximately $6,193,425,000. State Street Corp increased its stake in shares of Emerson Electric by 2.0% in the fourth quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock worth $3,647,602,000 after buying an additional 541,887 shares during the period. Bank of America Corp DE raised its holdings in Emerson Electric by 13.1% during the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock valued at $2,612,780,000 after buying an additional 2,302,055 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in 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 valued at $1,628,638,000 after buying an additional 76,488 shares during the period. 74.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on EMR shares. Citigroup boosted their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. BMO Capital Markets raised their target price on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Rothschild & Co Redburn boosted their price target on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Barclays increased their price objective on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Finally, Wells Fargo & Company boosted their target price on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Thirteen research 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $166.96.

View Our Latest Analysis on EMR

Emerson Electric Trading Down 0.1%

Shares of EMR opened at $157.60 on Thursday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm’s 50-day moving average price is $147.50 and its 200-day moving average price is $143.31. The firm has a market capitalization of $88.27 billion, a price-to-earnings ratio of 34.49, a PEG ratio of 2.35 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the firm earned $1.52 earnings per share. 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 6.55 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. 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 is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is presently 48.58%.

Emerson Electric Profile

(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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