Jefferies Financial Group Inc. Purchases Shares of 9,071 Emerson Electric Co. $EMR

Jefferies Financial Group Inc. acquired a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 9,071 shares of the industrial products company’s stock, valued at approximately $1,299,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. ABS Investment Management LLC bought a new stake in Emerson Electric during the 2nd quarter valued at $858,900,000. Basso Capital Management L.P. bought a new stake in Emerson Electric in the 4th quarter worth $25,000. Allied Private Wealth LLC purchased a new position in shares of Emerson Electric in the second quarter valued at about $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of Emerson Electric during the fourth quarter valued at about $27,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of Emerson Electric during the fourth quarter worth about $27,000. Institutional investors own 74.30% of the company’s stock.

Insider Transactions at Emerson Electric

In related news, CEO Surendralal Lanca 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 transaction of $1,562,431.50. Following the completion of the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.23% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

EMR has been the topic of a number of research analyst reports. Barclays boosted their price target on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Daiwa Securities Group cut their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Morgan Stanley upped their target price on Emerson Electric from $125.00 to $135.00 and gave the company an “underweight” rating in a report on Friday. Sanford C. Bernstein lifted their price target on shares of Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Finally, BMO Capital Markets boosted their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $167.83.

Get Our Latest Report on EMR

Emerson Electric Trading Up 0.1%

EMR opened at $155.37 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. The stock has a market cap of $87.02 billion, a PE ratio of 34.00, a PEG ratio of 2.31 and a beta of 1.24. The business has a 50 day moving average of $148.79 and a 200-day moving average of $143.46.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.52 earnings per share. 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 predict that Emerson Electric Co. will post 6.54 earnings per share for the current fiscal 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 paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is presently 48.58%.

About Emerson Electric

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.