Emerson Electric Co. $EMR Stock Holdings Lifted by Waycross Partners LLC

Waycross Partners LLC lifted its holdings in Emerson Electric Co. (NYSE:EMR) by 13.7% during the 3rd quarter, Holdings Channel reports. The fund owned 206,426 shares of the industrial products company’s stock after acquiring an additional 24,931 shares during the quarter. Emerson Electric makes up approximately 2.5% of Waycross Partners LLC’s portfolio, making the stock its 18th biggest position. Waycross Partners LLC’s holdings in Emerson Electric were worth $32,017,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. William Mack & Associates Inc. acquired a new stake in Emerson Electric during the 3rd quarter valued at $25,000. Allied Private Wealth LLC acquired a new position in Emerson Electric in the second quarter worth $27,000. Financial Management Professionals Inc. grew its holdings in shares of Emerson Electric by 100.0% during the third quarter. Financial Management Professionals Inc. now owns 172 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 86 shares during the last quarter. Next Level Wealth Planning LLC bought a new stake in shares of Emerson Electric during the third quarter worth $27,000. Finally, Orion Capital Management LLC bought a new stake in shares of Emerson Electric during the second quarter worth $29,000. 74.30% of the stock is currently owned by institutional investors.

More Emerson Electric News

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Emerson’s fourth-quarter results beat expectations, while orders rose 14%, pointing to solid demand. Emerson Q4 earnings beat as orders jump 14%
• Positive Sentiment: Several firms lifted their targets and maintained bullish ratings: BNP Paribas Exane and KeyCorp set targets of $200, Citigroup $198, and RBC and Bernstein $196. Jefferies also raised its target to $200. These revisions signal stronger analyst optimism. BNP Paribas Exane ratings Jefferies raises target
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. The increase supports the income-investor case, although the yield is relatively modest. Emerson raises dividend
• Neutral Sentiment: Recent coverage says analysts are broadly upbeat and cites LNG investment and reshoring as potential growth tailwinds, while acknowledging that the stock’s valuation is rich. Analyst estimates and ratings LNG and reshoring analysis
• Negative Sentiment: A separate Morgan Stanley forecast was characterized as pessimistic, providing a cautionary counterpoint to the recent analyst upgrades. Morgan Stanley forecast

Insiders Place Their Bets

In other Emerson Electric 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 transaction of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on EMR shares. Sanford C. Bernstein lifted their price target on Emerson Electric from $186.00 to $196.00 and gave the company an “outperform” rating in a report on Thursday. BMO Capital Markets raised shares of Emerson Electric from a “hold” rating to a “strong-buy” rating in a report on Sunday, November 1st. Wells Fargo & Company raised their price objective on shares of Emerson Electric from $177.00 to $180.00 and gave the company an “overweight” rating in a research report on Thursday. Citigroup boosted their target price on shares of Emerson Electric from $182.00 to $198.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Wall Street Zen downgraded shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Emerson Electric currently has a consensus rating of “Moderate Buy” and an average price target of $175.38.

Emerson Electric Trading Down 0.2%

Shares of NYSE EMR traded down $0.33 during midday trading on Friday, hitting $162.28. The stock had a trading volume of 2,646,960 shares, compared to its average volume of 2,874,288. The company’s 50-day simple moving average is $157.91 and its 200 day simple moving average is $147.61. The firm has a market cap of $90.89 billion, a P/E ratio of 33.95, a price-to-earnings-growth ratio of 2.31 and a beta of 1.23. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $172.00. 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 (NYSE:EMR) last issued its quarterly earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.01. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The business had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.11 billion. During the same quarter in the prior year, the firm posted $1.62 earnings per share. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. Research analysts anticipate that Emerson Electric Co. will post 7.21 EPS for the current year.

Emerson Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be issued a dividend of $0.5950 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.38 annualized dividend and a yield of 1.5%. This is an increase from Emerson Electric’s previous quarterly dividend of $0.5550. Emerson Electric’s dividend payout ratio (DPR) is presently 46.44%.

About Emerson Electric

Emerson Electric Co is a global technology and engineering company focused on automation. It develops products and systems that help industrial and commercial customers monitor and control operations, including measurement instruments, control systems, valves, actuators, and industrial software.

The company serves customers across industries and regions worldwide. Its portfolio includes technologies for process and factory automation, as well as software used to design, operate, and optimize industrial facilities.

Founded in 1890 and headquartered in St.