8,045 Shares in Emerson Electric Co. $EMR Acquired by Stonebridge Capital Management Inc.

Stonebridge Capital Management Inc. acquired a new position in shares of Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 8,045 shares of the industrial products company’s stock, valued at approximately $1,152,000.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Emerson Electric during the second quarter valued at $6,193,425,000. Bank of America Corp DE purchased a new stake in Emerson Electric in the 2nd quarter worth about $2,629,146,000. Norges Bank acquired a new stake in Emerson Electric during the 4th quarter worth about $1,050,040,000. Bank of New York Mellon Corp purchased a new position in Emerson Electric during the 2nd quarter valued at about $659,000,000. Finally, Legal & General Group Plc purchased a new position in Emerson Electric during the second quarter valued at approximately $613,846,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Insider Activity at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. BMO Capital Markets lifted their price objective on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Daiwa Securities Group lowered their target price on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Rothschild & Co Redburn raised their price target on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Finally, Citigroup boosted their price target on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $167.39.

Emerson Electric Trading Up 2.2%

Shares of Emerson Electric stock opened at $158.30 on Thursday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The company’s fifty day simple moving average is $148.57 and its 200-day simple moving average is $143.49. The company has a market cap of $88.66 billion, a price-to-earnings ratio of 34.64, a PEG ratio of 2.30 and a beta of 1.24. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last issued 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 during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the prior year, the firm earned $1.52 EPS. 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. As a group, sell-side analysts expect that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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 is 48.58%.

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.