Emerson Electric Co. $EMR Stake Boosted by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC raised its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 16.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 93,359 shares of the industrial products company’s stock after purchasing an additional 13,137 shares during the period. Wedge Capital Management L L P NC’s holdings in Emerson Electric were worth $13,364,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Norges Bank bought a new stake in shares of Emerson Electric during the 4th quarter valued at about $1,050,040,000. Bank of America Corp DE lifted its holdings in Emerson Electric by 13.1% in the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after acquiring an additional 2,302,055 shares during the last quarter. Janus Henderson Group PLC boosted its stake in Emerson Electric by 95.7% in the first quarter. Janus Henderson Group PLC now owns 2,207,707 shares of the industrial products company’s stock valued at $289,262,000 after acquiring an additional 1,079,665 shares during the period. Bank of New York Mellon Corp boosted its stake in Emerson Electric by 17.8% in the fourth quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock valued at $822,618,000 after acquiring an additional 938,051 shares during the period. Finally, Fisher Asset Management LLC raised its position in shares of Emerson Electric by 14.8% during the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after purchasing an additional 928,548 shares during the period. 74.30% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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 shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer owned 271,743 shares of the company’s stock, 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 Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.23% of the company’s stock.

Emerson Electric Stock Down 0.3%

EMR opened at $163.92 on Thursday. The stock’s 50 day moving average price is $145.39 and its 200 day moving average price is $142.88. 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 stock has a market cap of $91.81 billion, a P/E ratio of 35.87, a P/E/G ratio of 2.44 and a beta of 1.24. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month 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 (EPS) for the quarter, topping analysts’ consensus estimates 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%.The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. As a group, research analysts predict that Emerson Electric Co. will post 6.56 earnings per share for the current year.

Emerson Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given 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%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Sanford C. Bernstein cut their price target on Emerson Electric from $175.00 to $169.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. KeyCorp dropped their target price 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. HSBC boosted their price target on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Finally, Rothschild & Co Redburn increased their price objective on shares of Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $166.22.

About Emerson Electric

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.