North Dakota State Investment Board bought a new position in Emerson Electric Co. (NYSE:EMR – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 19,330 shares of the industrial products company’s stock, valued at approximately $2,565,000.
A number of other large investors also recently added to or reduced their stakes in EMR. Ares Financial Consulting LLC purchased a new position in Emerson Electric in the 4th quarter worth $29,000. Darwin Wealth Management LLC purchased a new position in Emerson Electric in the 2nd quarter worth $29,000. Steph & Co. purchased a new position in Emerson Electric in the 4th quarter worth $33,000. Wealth Watch Advisors INC purchased a new position in Emerson Electric in the 3rd quarter worth $33,000. Finally, Strategic Wealth Advisors LLC purchased a new position in Emerson Electric in the 4th quarter worth $41,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Analyst Ratings Changes
A number of brokerages recently commented on EMR. Wolfe Research decreased their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. Evercore lifted their target price on shares of Emerson Electric from $170.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Loop Capital raised their price target on shares of Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $170.00 price target on the stock. in a report on Thursday, February 5th. Twelve research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Emerson Electric has a consensus rating of “Hold” and a consensus price target of $163.24.
Emerson Electric Price Performance
Shares of Emerson Electric stock opened at $132.10 on Tuesday. The firm has a market cap of $73.99 billion, a PE ratio of 30.51, a price-to-earnings-growth ratio of 2.12 and a beta of 1.26. Emerson Electric Co. has a 12-month low of $114.83 and a 12-month high of $165.15. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. The company’s fifty day simple moving average is $136.91 and its two-hundred day simple moving average is $139.48.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The company’s revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.48 EPS. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. As a group, equities analysts expect that Emerson Electric Co. will post 6.49 EPS for the current year.
Emerson Electric Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.7%. Emerson Electric’s payout ratio is presently 51.27%.
Insider Buying and Selling at Emerson Electric
In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of Emerson Electric stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the sale, the chief executive officer owned 281,393 shares of the company’s stock, valued at approximately $40,047,851.76. The trade was a 1.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.
Emerson Electric Profile
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.
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