15,577 Shares of Emerson Electric Co. $EMR Purchased by NBT Bank N.A.

NBT Bank N.A. purchased a new stake in Emerson Electric Co. (NYSE:EMR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,577 shares of the industrial products company’s stock, valued at approximately $2,416,000.

A number of other hedge funds have also modified their holdings of EMR. BlackRock Inc. bought a new stake in Emerson Electric in the second quarter valued at approximately $6,193,425,000. State Street Corp raised its holdings in Emerson Electric by 1.5% in the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock worth $3,962,177,000 after purchasing an additional 403,957 shares during the period. Bank of America Corp DE acquired a new stake in Emerson Electric in the second quarter worth $2,629,146,000. ABS Investment Management LLC acquired a new stake in Emerson Electric in the second quarter worth $858,900,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Emerson Electric by 1.9% during the first quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock worth $827,478,000 after purchasing an additional 117,513 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

EMR has been the subject of several research analyst reports. BMO Capital Markets boosted their price target on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Emerson Electric from $169.00 to $174.00 and gave the company a “hold” rating in a research report on Wednesday, September 30th. Rothschild & Co Redburn raised their price objective on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Royal Bank Of Canada lifted their target price on Emerson Electric from $179.00 to $188.00 and gave the stock an “outperform” rating in a report on Wednesday, October 14th. Finally, Stephens increased their price target on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $172.17.

Insiders Place Their Bets

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the company’s stock in a transaction 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 of the company’s stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.23% of the company’s stock.

Emerson Electric Stock Performance

Shares of EMR stock opened at $160.15 on Friday. 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 company has a market capitalization of $89.70 billion, a P/E ratio of 25.77, a price-to-earnings-growth ratio of 2.24 and a beta of 1.21. The company’s 50 day moving average price is $156.16 and its two-hundred day moving average price is $147.75. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same quarter in the previous year, the firm posted $1.52 earnings per share. The business’s revenue was up .0% on a year-over-year basis. 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, analysts expect that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were given a $0.5550 dividend. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, August 14th. Emerson Electric’s payout ratio is currently 48.58%.

About Emerson Electric

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.