Emerson Electric (NYSE:EMR) CEO Surendralal Lanca Karsanbhai Sells 9,650 Shares

Emerson Electric Co. (NYSE:EMRGet Free Report) CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were 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 directly owned 271,743 shares of the company’s stock, valued at $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 through this link.

Emerson Electric Price Performance

Shares of EMR stock opened at $163.92 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The company has a market capitalization of $91.81 billion, a PE ratio of 35.87, a price-to-earnings-growth ratio of 2.44 and a beta of 1.24. The firm’s 50-day moving average is $145.39 and its two-hundred day moving average is $142.88. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $166.35.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.03. The business had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. Analysts predict that Emerson Electric Co. will post 6.56 earnings per share for the current year.

Emerson Electric Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a research report on Friday, July 17th. Sanford C. Bernstein lowered their price target on Emerson Electric from $175.00 to $169.00 and set an “outperform” rating for the company in a report on Monday, July 20th. KeyCorp reduced their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. DA Davidson initiated coverage on shares of Emerson Electric in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 target price on the stock. Finally, BNP Paribas Exane increased their target price on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus price target of $166.22.

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Institutional Investors Weigh In On Emerson Electric

Institutional investors have recently modified their holdings of the company. Rooted Wealth Advisors Inc. increased its holdings in Emerson Electric by 3.0% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after buying an additional 64 shares during the last quarter. Institute for Wealth Management LLC. boosted its position in shares of Emerson Electric by 1.6% during the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock worth $603,000 after acquiring an additional 71 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Emerson Electric by 2.4% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after acquiring an additional 72 shares during the last quarter. Zhang Financial LLC raised its position in shares of Emerson Electric by 2.7% during the 4th quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after acquiring an additional 76 shares in the last quarter. Finally, Klingman & Associates LLC lifted its stake in Emerson Electric by 1.4% during the fourth quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock worth $754,000 after purchasing an additional 78 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

About Emerson Electric

(Get 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.

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