Vise Technologies Inc. bought a new stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 69,791 shares of the industrial products company’s stock, valued at approximately $9,991,000.
Other institutional investors have also modified their holdings of the company. Basso Capital Management L.P. acquired a new position in shares of Emerson Electric during the fourth quarter worth about $25,000. Allied Private Wealth LLC purchased a new stake in shares of Emerson Electric during the 2nd quarter worth $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Emerson Electric during the fourth quarter worth $27,000. Motiv8 Investments LLC purchased a new position in Emerson Electric in the fourth quarter valued at $27,000. Finally, Ares Financial Consulting LLC purchased a new position in Emerson Electric in the fourth quarter valued at $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.
Wall Street Analysts Forecast Growth
EMR has been the subject of a number of recent analyst reports. HSBC lifted their price target on Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Citigroup boosted their target price on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. DA Davidson started coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price target on the stock. Finally, Royal Bank Of Canada raised their price objective on shares of Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus target price of $166.96.
Emerson Electric Stock Performance
Shares of EMR opened at $154.93 on Friday. The company’s 50 day simple moving average is $147.76 and its 200-day simple moving average is $143.36. The firm has a market cap of $86.78 billion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $166.35. 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 (NYSE:EMR – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, equities analysts predict that Emerson Electric Co. will post 6.55 EPS for the current year.
Emerson Electric Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.555 per share. The ex-dividend date is Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio is 48.58%.
Insider Activity
In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’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 transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.23% of the stock is currently owned by corporate insiders.
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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