NewEdge Advisors LLC raised its position in Emerson Electric Co. (NYSE:EMR – Free Report) by 4.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 438,351 shares of the industrial products company’s stock after purchasing an additional 16,806 shares during the quarter. NewEdge Advisors LLC owned about 0.08% of Emerson Electric worth $62,750,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the company. Rooted Wealth Advisors Inc. increased its position in shares of Emerson Electric by 3.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after acquiring an additional 64 shares during the last quarter. Raiffeisen Bank International AG increased its holdings in Emerson Electric by 0.5% in the 2nd quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company’s stock valued at $2,110,000 after purchasing an additional 68 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its position in Emerson Electric by 2.4% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after purchasing an additional 72 shares during the period. Zhang Financial LLC lifted its stake in Emerson Electric by 2.7% during the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after purchasing an additional 76 shares in the last quarter. Finally, Root Financial Partners LLC boosted its position in shares of Emerson Electric by 3.6% during the fourth quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company’s stock worth $296,000 after buying an additional 78 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Insider Transactions at Emerson Electric
In other news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated 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 sale, the chief executive officer owned 271,743 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on Emerson Electric
Emerson Electric Stock Performance
NYSE EMR opened at $152.12 on Wednesday. The company has a fifty day moving average of $149.73 and a two-hundred day moving average of $143.45. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The company has a market capitalization of $85.20 billion, a PE ratio of 33.29, a P/E/G ratio of 2.29 and a beta of 1.24.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating 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 business 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 company earned $1.52 earnings per share. The company’s 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, analysts expect that Emerson Electric Co. will post 6.55 earnings per share for the current year.
Emerson Electric Announces Dividend
The company also recently disclosed 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 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.
Emerson Electric Profile
Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.
The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.
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