Emerson Electric Co. $EMR Stake Cut by Modera Wealth Management LLC

Modera Wealth Management LLC decreased its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 2.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 186,076 shares of the industrial products company’s stock after selling 4,155 shares during the period. Modera Wealth Management LLC’s holdings in Emerson Electric were worth $28,860,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of EMR. BlackRock Inc. purchased a new position in Emerson Electric during the second quarter valued at approximately $6,193,425,000. Bank of America Corp DE purchased a new stake in shares of Emerson Electric during the 2nd quarter worth $2,629,146,000. Bank of New York Mellon Corp purchased a new stake in shares of Emerson Electric during the second quarter valued at about $659,000,000. Legal & General Group Plc acquired a new stake in Emerson Electric in the second quarter valued at approximately $613,846,000. Finally, Jupiter Topco LLC acquired a new stake in shares of Emerson Electric in the 2nd quarter worth $260,485,000. Institutional investors own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on EMR. TD Cowen boosted their target price on shares of Emerson Electric from $150.00 to $170.00 and gave the stock a “hold” rating in a research report on Friday, September 25th. KeyCorp decreased their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Citigroup upped their target price on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Evercore dropped their price target on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Monday, August 31st. Finally, Royal Bank Of Canada raised their price objective on Emerson Electric from $179.00 to $188.00 and gave the company an “outperform” rating in a report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $172.17.

Emerson Electric Price Performance

EMR stock opened at $164.54 on Friday. 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 business has a 50 day simple moving average of $157.06 and a 200-day simple moving average of $147.16. The firm has a market capitalization of $92.16 billion, a PE ratio of 36.00, a price-to-earnings-growth ratio of 2.37 and a beta of 1.21. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $171.25.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS 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 firm had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter last year, the firm earned $1.52 earnings per share. The business’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. Equities research analysts anticipate that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a dividend of $0.5550 per share. The ex-dividend date was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.3%. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction 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 sale, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.23% of the stock is currently owned by company insiders.

Emerson Electric Profile

Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.