Elevation Point Wealth Partners LLC Invests $3.58 Million in Emerson Electric Co. $EMR

Elevation Point Wealth Partners LLC bought a new position in shares of Emerson Electric Co. (NYSE:EMRFree Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 25,002 shares of the industrial products company’s stock, valued at approximately $3,579,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Basso Capital Management L.P. acquired a new stake in Emerson Electric during the fourth quarter worth approximately $25,000. Allied Private Wealth LLC acquired a new position in shares of Emerson Electric in the 2nd quarter valued at $27,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Emerson Electric in the 4th quarter valued at $27,000. Motiv8 Investments LLC purchased a new position in shares of Emerson Electric in the 4th quarter valued at $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in Emerson Electric during the 4th quarter worth $29,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Stock Up 1.6%

EMR stock opened at $157.21 on Friday. The stock has a market capitalization of $88.05 billion, a PE ratio of 34.40, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24. The company has a fifty day moving average of $148.04 and a 200-day moving average of $143.46. 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 Co. has a one year low of $122.64 and a one year high of $166.35.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the prior year, the company posted $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. As a group, analysts expect that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

Insider Activity at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’s stock in a transaction 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 sale, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.

Analyst Upgrades and Downgrades

EMR has been the subject of several research analyst reports. HSBC upped their price objective on shares of Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. 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 report on Friday, July 17th. Sanford C. Bernstein upped their target price on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. BNP Paribas Exane raised their price target on Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Finally, Citigroup boosted their price objective on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. 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 a consensus rating of “Moderate Buy” and a consensus target price of $166.96.

Read Our Latest Stock Analysis on EMR

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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