Emerson Electric Co. $EMR Stock: Sumitomo Mitsui Trust Group Inc. Boosts Holdings

Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 12.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,327,061 shares of the industrial products company’s stock after acquiring an additional 253,457 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Emerson Electric were worth $360,927,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EMR. PensionDanmark Pensionsforsikringsaktieselskab raised its position in shares of Emerson Electric by 9.4% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock worth $14,563,000 after acquiring an additional 8,700 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Emerson Electric in the second quarter worth approximately $6,193,425,000. Corient Private Wealth LP bought a new stake in Emerson Electric in the second quarter valued at approximately $129,817,000. Generali Investments Management Co LLC boosted its holdings in Emerson Electric by 91.2% in the second quarter. Generali Investments Management Co LLC now owns 31,339 shares of the industrial products company’s stock valued at $4,486,000 after acquiring an additional 14,952 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in Emerson Electric by 21.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 66,724 shares of the industrial products company’s stock valued at $9,552,000 after purchasing an additional 11,802 shares during the period. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EMR has been the subject of several analyst reports. Morgan Stanley raised their price target on shares of Emerson Electric from $135.00 to $145.00 and gave the stock an “underweight” rating in a report on Monday, October 19th. Sanford C. Bernstein upped their price objective on shares of Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Weiss Ratings upgraded shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Citigroup lifted their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada boosted their target price on shares of Emerson Electric from $179.00 to $188.00 and gave the company an “outperform” rating in a report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Emerson Electric currently has a consensus rating of “Moderate Buy” and an average target price of $172.17.

Emerson Electric Stock Performance

Shares of EMR stock opened at $164.54 on Friday. The firm has a market capitalization of $92.16 billion, a PE ratio of 36.00, a price-to-earnings-growth ratio of 2.29 and a beta of 1.21. The firm has a fifty day simple moving average of $157.06 and a two-hundred day simple moving average of $147.16. 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 Co. has a 12 month low of $122.64 and a 12 month high of $171.25.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $4.80 billion. During the same period last year, the firm earned $1.52 earnings per share. The business’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. Analysts forecast that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

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

Insider Buying and Selling at Emerson Electric

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the company’s 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 in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is owned by corporate insiders.

About Emerson Electric

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.