Sun Financial Inc Buys New Stake in Emerson Electric Co. $EMR

Sun Financial Inc purchased a new position in shares of Emerson Electric Co. (NYSE:EMRFree Report) during the 4th quarter, Holdings Channel.com reports. The firm purchased 9,065 shares of the industrial products company’s stock, valued at approximately $1,203,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ares Financial Consulting LLC acquired a new stake in shares of Emerson Electric in the 4th quarter worth $29,000. Darwin Wealth Management LLC purchased a new position in Emerson Electric in the second quarter valued at about $29,000. Steph & Co. acquired a new position in Emerson Electric during the fourth quarter worth about $33,000. Wealth Watch Advisors INC acquired a new position in Emerson Electric during the third quarter worth about $33,000. Finally, Financial Consulate Inc. acquired a new position in Emerson Electric during the third quarter worth about $41,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, VP Nicholas J. Piazza sold 6,703 shares of Emerson Electric stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the transaction, the vice president directly owned 31,664 shares of the company’s stock, valued at $5,036,792.48. The trade was a 17.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of Emerson Electric stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, the chief executive officer directly owned 281,393 shares in the company, valued at approximately $40,047,851.76. This trade represents a 1.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 13,879 shares of company stock valued at $2,116,818 over the last ninety days. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Stock Performance

Shares of NYSE EMR opened at $137.53 on Monday. Emerson Electric Co. has a 12 month low of $106.51 and a 12 month high of $165.15. The company has a 50-day simple moving average of $138.85 and a 200-day simple moving average of $138.98. The company has a market cap of $77.29 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 2.19 and a beta of 1.26. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62.

Emerson Electric (NYSE:EMRGet Free Report) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.05. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The firm had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same period in the previous year, the firm earned $1.38 earnings per share. Emerson Electric’s revenue was up 4.1% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. On average, equities analysts anticipate that Emerson Electric Co. will post 6.5 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th were given a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, February 13th. Emerson Electric’s payout ratio is 54.28%.

Wall Street Analyst Weigh In

EMR has been the subject of a number of research reports. Robert W. Baird lifted their target price on shares of Emerson Electric from $143.00 to $164.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Daiwa Securities Group lifted their target price on shares of Emerson Electric from $153.00 to $177.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Oppenheimer reiterated a “market perform” rating on shares of Emerson Electric in a report on Tuesday, January 27th. Rothschild & Co Redburn lifted their price target on shares of Emerson Electric from $154.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Finally, Royal Bank Of Canada lowered their price target on shares of Emerson Electric from $176.00 to $161.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Twelve investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Emerson Electric currently has a consensus rating of “Hold” and a consensus target price of $162.38.

View Our Latest Research Report on EMR

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

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

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