HBK Sorce Advisory LLC Takes Position in Emerson Electric Co. $EMR

HBK Sorce Advisory LLC purchased a new position in Emerson Electric Co. (NYSE:EMR) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,123 shares of the industrial products company’s stock, valued at approximately $1,645,000.

A number of other large investors have also added to or reduced their stakes in EMR. Abbot Financial Management Inc. acquired a new position in Emerson Electric in the 2nd quarter worth $2,534,000. Northstar Financial Companies Inc. acquired a new stake in Emerson Electric during the 2nd quarter valued at approximately $368,000. Tillman Hartley LLC acquired a new position in shares of Emerson Electric in the 2nd quarter valued at approximately $225,000. J.Safra Asset Management Corp bought a new stake in shares of Emerson Electric in the second quarter worth $789,000. Finally, Flputnam Investment Management Co. bought a new position in Emerson Electric during the 2nd quarter valued at $10,956,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on EMR shares. Wells Fargo & Company upped their target price on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Daiwa Securities Group decreased their target price on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Sanford C. Bernstein boosted their price target on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a report on Friday. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target on the stock in a research report on Friday, July 17th. Finally, BNP Paribas Exane boosted their target price on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $166.96.

Insider Activity

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

Emerson Electric Stock Performance

Shares of EMR stock opened at $163.07 on Monday. The company has a market cap of $91.33 billion, a P/E ratio of 35.68, a PEG ratio of 2.43 and a beta of 1.24. The business has a 50 day moving average of $146.32 and a two-hundred day moving average of $143.09. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

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, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the prior year, the firm earned $1.52 EPS. The business’s quarterly 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. As a group, analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be paid 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 (DPR) 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.