Oakmont Investment Advisors Inc. acquired a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,863 shares of the industrial products company’s stock, valued at approximately $2,271,000. Emerson Electric makes up about 1.6% of Oakmont Investment Advisors Inc.’s portfolio, making the stock its 16th biggest holding.
Other institutional investors have also recently added to or reduced their stakes in the company. ABS Investment Management LLC purchased a new position in shares of Emerson Electric in the 2nd quarter valued at $858,900,000. Basso Capital Management L.P. acquired a new position in Emerson Electric in the fourth quarter valued at $25,000. Allied Private Wealth LLC purchased a new position in shares of Emerson Electric during the second quarter worth about $27,000. Orion Capital Management LLC acquired a new stake in shares of Emerson Electric during the second quarter worth about $29,000. Finally, IFC & Insurance Marketing Inc. purchased a new stake in shares of Emerson Electric in the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Insider Transactions at Emerson Electric
In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction dated 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 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.23% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Stock Report on EMR
Emerson Electric Trading Up 1.8%
Shares of Emerson Electric stock opened at $152.88 on Friday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The business has a 50 day moving average price of $149.35 and a 200 day moving average price of $143.45. The company has a market capitalization of $85.63 billion, a P/E ratio of 33.45, a P/E/G ratio of 2.25 and a beta of 1.24.
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter last year, the business posted $1.52 earnings per share. Emerson Electric’s revenue 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. Sell-side analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current fiscal 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 paid 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 1.5%. Emerson Electric’s payout ratio is presently 48.58%.
Emerson Electric 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.
See Also
- Five stocks we like better than Emerson Electric
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.
