Prime Capital Investment Advisors LLC Purchases 15,579 Shares of Emerson Electric Co. $EMR

Prime Capital Investment Advisors LLC grew its position in shares of Emerson Electric Co. (NYSE:EMR) by 41.2% during the third quarter, Holdings Channel reports. The institutional investor owned 53,409 shares of the industrial products company’s stock after purchasing an additional 15,579 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Emerson Electric were worth $8,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Forvis Mazars Wealth Advisors LLC increased its holdings in Emerson Electric by 0.6% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 12,044 shares of the industrial products company’s stock worth $1,868,000 after acquiring an additional 67 shares during the last quarter. Raiffeisen Bank International AG lifted its holdings in Emerson Electric by 0.5% during the second quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company’s stock valued at $2,110,000 after purchasing an additional 68 shares during the last quarter. Frank Rimerman Advisors LLC lifted its holdings in Emerson Electric by 1.3% during the third quarter. Frank Rimerman Advisors LLC now owns 5,526 shares of the industrial products company’s stock valued at $857,000 after purchasing an additional 73 shares during the last quarter. Sapient Capital LLC boosted its position in Emerson Electric by 1.6% during the third quarter. Sapient Capital LLC now owns 4,850 shares of the industrial products company’s stock worth $752,000 after purchasing an additional 76 shares during the period. Finally, Providence Wealth Advisors LLC boosted its position in Emerson Electric by 0.8% during the first quarter. Providence Wealth Advisors LLC now owns 10,064 shares of the industrial products company’s stock worth $1,323,000 after purchasing an additional 79 shares during the period. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Performance

NYSE:EMR opened at $160.31 on Wednesday. The business’s fifty day moving average is $156.26 and its 200 day moving average is $147.33. The firm has a market cap of $89.79 billion, a price-to-earnings ratio of 25.36, a PEG ratio of 2.20 and a beta of 1.21. 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 52-week low of $122.64 and a 52-week high of $166.35.

Emerson Electric (NYSE:EMR) last issued its earnings results 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. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The business 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 company earned $1.52 EPS. The firm’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. Research analysts predict that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a $0.5550 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, August 14th. Emerson Electric’s dividend payout ratio is presently 48.58%.

Analyst Ratings Changes

EMR has been the subject of several recent research reports. BMO Capital Markets lifted their target price on shares of Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Emerson Electric from $169.00 to $174.00 and gave the stock a “hold” rating in a report on Wednesday, September 30th. Finally, BNP Paribas Exane lifted their price objective on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $172.17.

Insider Activity

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s 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 completion of the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.23% of the company’s stock.

Emerson Electric Company Profile

Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.