The Manufacturers Life Insurance Company Acquires Shares of 629,285 Emerson Electric Co. $EMR

The Manufacturers Life Insurance Company bought a new position in shares of Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 629,285 shares of the industrial products company’s stock, valued at approximately $90,082,000. The Manufacturers Life Insurance Company owned about 0.11% of Emerson Electric at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. PensionDanmark Pensionsforsikringsaktieselskab grew its position in Emerson Electric by 9.4% in 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 period. BlackRock Inc. purchased a new position in shares of Emerson Electric during the 2nd quarter worth $6,193,425,000. Fisher Asset Management LLC lifted its position in Emerson Electric by 14.8% in the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after buying an additional 928,548 shares during the last quarter. Truist Financial Corp increased its position in shares of Emerson Electric by 4.6% during the fourth quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock valued at $157,294,000 after acquiring an additional 52,440 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in shares of Emerson Electric by 2.1% in the 4th quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock valued at $546,072,000 after acquiring an additional 84,064 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the stock in a transaction that occurred on 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 directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.23% of the stock is owned by corporate insiders.

Emerson Electric Trading Down 1.6%

NYSE:EMR opened at $154.97 on Wednesday. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $166.35. The firm has a market cap of $86.80 billion, a PE ratio of 33.91, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The stock has a fifty day moving average price of $148.38 and a 200 day moving average price of $143.44.

Emerson Electric (NYSE:EMR) 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 the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.Emerson Electric’s revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.52 EPS. 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. Sell-side analysts anticipate that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a $0.555 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 annualized dividend and a yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

Analyst Ratings Changes

EMR has been the topic of a number of research analyst reports. Daiwa Securities Group cut their target price 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. Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. HSBC increased their target price on Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. Wells Fargo & Company lifted their target price on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Finally, DA Davidson increased their price target on shares of Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday. Thirteen investment 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. According to data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus target price of $167.39.

Emerson Electric Company 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.