Varma Mutual Pension Insurance Co Purchases New Shares in Emerson Electric Co. $EMR

Varma Mutual Pension Insurance Co acquired a new position in shares of Emerson Electric Co. (NYSE:EMR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 121,195 shares of the industrial products company’s stock, valued at approximately $17,349,000.

Several other institutional investors have also recently made changes to their positions in EMR. PensionDanmark Pensionsforsikringsaktieselskab increased its stake in Emerson Electric by 9.4% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock valued at $14,563,000 after buying an additional 8,700 shares during the last quarter. BlackRock Inc. purchased a new position in shares of Emerson Electric in the 2nd quarter worth approximately $6,193,425,000. Fisher Asset Management LLC grew its holdings in shares of 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 acquiring an additional 928,548 shares in 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 increased its position in shares of Emerson Electric by 2.1% during the fourth 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 last quarter. Institutional investors own 74.30% of the company’s stock.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.23% of the stock is currently owned by corporate insiders.

Emerson Electric Stock Up 1.6%

Emerson Electric stock opened at $157.21 on Friday. The firm has a 50 day simple moving average of $148.04 and a 200 day simple moving average of $143.46. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35. The firm has a market capitalization of $88.05 billion, a price-to-earnings ratio of 34.40, a P/E/G ratio of 2.34 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm 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%.The business’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. On average, analysts predict that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s payout ratio is presently 48.58%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on EMR shares. KeyCorp cut their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Rothschild & Co Redburn lifted their target price on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Royal Bank Of Canada increased their price target on shares of Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, HSBC raised their price objective on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Thirteen 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 stock. According to MarketBeat, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus price target of $166.96.

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.