Tidal Investments LLC Purchases 12,436 Shares of Emerson Electric Co. $EMR

Tidal Investments LLC grew its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 12.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 112,536 shares of the industrial products company’s stock after acquiring an additional 12,436 shares during the period. Tidal Investments LLC’s holdings in Emerson Electric were worth $16,110,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EMR. PensionDanmark Pensionsforsikringsaktieselskab raised its stake in shares of 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 purchasing an additional 8,700 shares during the last quarter. BlackRock Inc. bought a new stake in shares of Emerson Electric in the 2nd quarter worth approximately $6,193,425,000. Fisher Asset Management LLC increased 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 worth $954,405,000 after buying an additional 928,548 shares during the last quarter. Geode Capital Management LLC grew its stake in Emerson Electric by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after buying an additional 76,488 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings 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 worth $546,072,000 after buying an additional 84,064 shares during the last quarter. 74.30% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the completion of the sale, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.23% of the company’s stock.

Emerson Electric Price Performance

EMR stock opened at $148.25 on Friday. The firm has a market cap of $83.04 billion, a P/E ratio of 32.44, a P/E/G ratio of 2.26 and a beta of 1.24. The firm’s fifty day moving average is $150.13 and its 200 day moving average is $143.44. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

Emerson Electric (NYSE:EMR) last posted 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. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the previous year, the firm posted $1.52 earnings per share. The firm’s revenue for the quarter was up .0% on a year-over-year basis. 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. Research analysts predict that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were paid a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, August 14th. Emerson Electric’s payout ratio is 48.58%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Morgan Stanley increased their target price on Emerson Electric from $125.00 to $135.00 and gave the company an “underweight” rating in a research note on Friday, August 28th. Rothschild & Co Redburn lifted their price target on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective for the company in a report on Friday, July 17th. Finally, Sanford C. Bernstein increased their price objective on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and an average price target of $167.83.

About Emerson Electric

Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.