Corient Private Wealth LP Acquires New Stake in Emerson Electric Co. $EMR

Corient Private Wealth LP acquired a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 906,855 shares of the industrial products company’s stock, valued at approximately $129,817,000.

Several other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in Emerson Electric by 74.1% in the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after acquiring an additional 4,850 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Emerson Electric during the first quarter worth about $232,000. Caxton Associates LLP purchased a new position in shares of Emerson Electric in the first quarter worth about $275,000. Sivia Capital Partners LLC bought a new stake in shares of Emerson Electric in the second quarter valued at approximately $203,000. Finally, Jump Financial LLC lifted its stake in shares of Emerson Electric by 121.5% during the 2nd quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock valued at $1,406,000 after buying an additional 5,783 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

EMR has been the subject of a number of recent research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. 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. KeyCorp reduced their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Stephens increased their price objective on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Finally, Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $167.39.

Read Our Latest Report on Emerson Electric

Emerson Electric Stock Performance

NYSE EMR opened at $158.30 on Thursday. The company’s 50 day simple moving average is $148.57 and its two-hundred day simple moving average is $143.49. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The stock has a market capitalization of $88.66 billion, a PE ratio of 34.64, a P/E/G ratio of 2.30 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 EPS for the quarter, beating 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 net margin of 13.83% and a return on equity of 17.58%. The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the business earned $1.52 EPS. 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. Analysts predict that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

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 paid a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio is currently 48.58%.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction dated 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 owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This trade represents 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

(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.

Further Reading

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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