Johnson Financial Group Inc. Acquires Shares of 9,494 Emerson Electric Co. $EMR

Johnson Financial Group Inc. bought a new stake in Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 9,494 shares of the industrial products company’s stock, valued at approximately $1,359,000.

Several other hedge funds have also modified their holdings of EMR. PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in shares of Emerson Electric by 9.4% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock worth $14,563,000 after buying an additional 8,700 shares during the period. Fisher Asset Management LLC raised its stake in Emerson Electric by 14.8% in 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 acquiring an additional 928,548 shares during the last quarter. Truist Financial Corp lifted its position in Emerson Electric by 4.6% during the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock worth $157,294,000 after acquiring an additional 52,440 shares during the period. Geode Capital Management LLC grew its stake in Emerson Electric by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after purchasing an additional 76,488 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Emerson Electric by 2.1% in the fourth quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock valued at $546,072,000 after purchasing an additional 84,064 shares during the period. 74.30% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was 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 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.23% of the company’s stock.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $157.60 on Thursday. 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 capitalization of $88.27 billion, a price-to-earnings ratio of 34.49, a PEG ratio of 2.35 and a beta of 1.24. The firm’s 50 day simple moving average is $147.50 and its 200-day simple moving average is $143.31. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $166.35.

Emerson Electric (NYSE:EMR) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business’s revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the business 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. Analysts expect that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s payout ratio is currently 48.58%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on EMR shares. BMO Capital Markets lifted their target price on Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Royal Bank Of Canada upped their price objective on shares of Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Wells Fargo & Company raised their target price on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Finally, BNP Paribas Exane increased their price target on Emerson Electric from $180.00 to $185.00 in a research report 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 data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $166.96.

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.