68,535 Shares in Emerson Electric Co. $EMR Purchased by Kimelman & Baird LLC

Kimelman & Baird LLC purchased a new position in shares of Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, Holdings Channel reports. The firm purchased 68,535 shares of the industrial products company’s stock, valued at approximately $9,811,000.

A number of other institutional investors have also modified their holdings of the company. Basso Capital Management L.P. acquired a new position in shares of Emerson Electric during the 4th quarter valued at about $25,000. Allied Private Wealth LLC purchased a new stake in Emerson Electric during the 2nd quarter worth $27,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Emerson Electric in the fourth quarter valued at about $27,000. Motiv8 Investments LLC acquired a new position in shares of Emerson Electric during the fourth quarter worth $27,000. Finally, Orion Capital Management LLC acquired a new position in Emerson Electric in the 2nd quarter worth $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Stock Down 1.5%

EMR opened at $155.37 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The business has a 50 day moving average price of $148.79 and a 200 day moving average price of $143.58. The firm has a market cap of $87.02 billion, a P/E ratio of 34.00, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the previous year, the business posted $1.52 EPS. The company’s revenue for the quarter 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. Research analysts forecast that Emerson Electric Co. will post 6.54 EPS for the current year.

Emerson Electric Dividend Announcement

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 given a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio is 48.58%.

Insider Activity

In related 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 transaction of $1,562,431.50. Following the completion of the transaction, the chief executive officer owned 271,743 shares in the company, valued at $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 through the SEC website. Insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on EMR. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. Stephens lifted their price target on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Daiwa Securities Group reduced their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Rothschild & Co Redburn increased their price target on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Finally, DA Davidson lifted their price objective on shares of Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research note on Monday, August 24th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $167.83.

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.