IFP Advisors Inc decreased its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 47.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 6,667 shares of the industrial products company’s stock after selling 6,039 shares during the period. IFP Advisors Inc’s holdings in Emerson Electric were worth $954,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently modified their holdings of EMR. ABS Investment Management LLC bought a new position in Emerson Electric in the 2nd quarter worth approximately $858,900,000. Basso Capital Management L.P. bought a new stake in Emerson Electric during the 4th quarter valued at $25,000. Allied Private Wealth LLC purchased a new stake in shares of Emerson Electric during the second quarter worth $27,000. Orion Capital Management LLC bought a new position in shares of Emerson Electric in the second quarter worth $29,000. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Emerson Electric in the second quarter valued at $30,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
EMR has been the topic of a number of analyst reports. BMO Capital Markets boosted their price objective on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. DA Davidson lifted their target price on Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, August 24th. KeyCorp decreased their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Evercore cut their price objective on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Monday, August 31st. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Emerson Electric has a consensus rating of “Moderate Buy” and an average price target of $167.83.
Emerson Electric Price Performance
NYSE:EMR opened at $148.40 on Tuesday. The firm has a market capitalization of $83.12 billion, a price-to-earnings ratio of 32.47, a P/E/G ratio of 2.28 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The stock has a fifty day moving average of $150.52 and a 200 day moving average of $143.47. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. The company 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%.Emerson Electric’s revenue was up .0% on a year-over-year basis. During the same quarter in the previous 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. On average, research analysts expect that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.
Emerson Electric Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were paid a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, August 14th. Emerson Electric’s payout ratio is currently 48.58%.
Insider Activity at Emerson Electric
In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’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 owned 271,743 shares in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.23% of the stock is owned by insiders.
About Emerson Electric
Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.
The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.
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