53,458 Shares in Emerson Electric Co. $EMR Purchased by Daiichi Life Insurance Co. Ltd.

Daiichi Life Insurance Co. Ltd. purchased a new stake in Emerson Electric Co. (NYSE:EMR) during the second quarter, HoldingsChannel.com reports. The firm purchased 53,458 shares of the industrial products company’s stock, valued at approximately $7,653,000.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Emerson Electric in the second quarter valued at approximately $6,193,425,000. Norges Bank bought a new stake in Emerson Electric during the 4th quarter worth approximately $1,050,040,000. Bank of New York Mellon Corp bought a new stake in Emerson Electric during the 2nd quarter worth approximately $659,000,000. Bank of America Corp DE increased 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 purchasing an additional 2,302,055 shares in the last quarter. Finally, Deutsche Bank AG bought a new position in Emerson Electric in the 2nd quarter valued at $211,212,000. 74.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

EMR has been the topic of several research analyst reports. Stephens increased their target price on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target for the company in a report on Friday, July 17th. BNP Paribas Exane upped their price target on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. KeyCorp lowered their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Finally, Royal Bank Of Canada boosted their target price on shares of Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and an average target price of $166.96.

Insider Buying and Selling 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 value of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.23% of the stock is currently owned by company insiders.

Emerson Electric Trading Up 1.6%

Shares of EMR opened at $157.21 on Friday. The stock’s fifty day simple moving average is $148.04 and its 200-day simple moving average is $143.46. The firm 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. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month 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 announced its quarterly earnings data 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. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company’s revenue was up .0% on a year-over-year basis. During the same period last year, the company 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. As a group, research analysts predict that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be given a dividend of $0.555 per share. The ex-dividend date 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.