NewEdge Wealth LLC Takes $3.50 Million Position in Emerson Electric Co. $EMR

NewEdge Wealth LLC purchased a new position in shares of Emerson Electric Co. (NYSE:EMR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 24,469 shares of the industrial products company’s stock, valued at approximately $3,503,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Emerson Electric by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock worth $7,287,546,000 after buying an additional 578,242 shares in the last quarter. BlackRock Inc. bought a new stake in Emerson Electric during the second quarter worth about $6,193,425,000. State Street Corp boosted its position in Emerson Electric by 2.0% during the fourth quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock valued at $3,647,602,000 after purchasing an additional 541,887 shares during the last quarter. Bank of America Corp DE grew its stake 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 valued at $2,612,780,000 after purchasing an additional 2,302,055 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of 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 worth $1,628,638,000 after purchasing an additional 76,488 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on EMR shares. Wells Fargo & Company raised their price objective on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Citigroup increased their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Rothschild & Co Redburn increased their target price on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Finally, Sanford C. Bernstein lifted their price target on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Emerson Electric currently has an average rating of “Moderate Buy” and an average target price of $166.96.

Emerson Electric Stock Down 1.7%

Shares of NYSE:EMR opened at $154.93 on Friday. The firm has a market cap of $86.78 billion, a P/E ratio of 33.90, a PEG ratio of 2.34 and a beta of 1.24. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35. The business’s 50 day simple moving average is $147.76 and its two-hundred day simple moving average is $143.36. 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 (NYSE:EMR) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $4.80 billion. During the same period in the prior year, the firm posted $1.52 EPS. Emerson Electric’s quarterly 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. As a group, research analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Announces Dividend

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

Insider Transactions at Emerson Electric

In other news, CEO Surendralal Lanca 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. 0.23% of the stock is owned by insiders.

Emerson Electric Company 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.