Interchange Capital Partners LLC Makes New $515,000 Investment in Emerson Electric Co. $EMR

Interchange Capital Partners LLC acquired a new stake in Emerson Electric Co. (NYSE:EMRFree Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,599 shares of the industrial products company’s stock, valued at approximately $515,000.

Several other hedge funds have also made changes to their positions in the business. Rooted Wealth Advisors Inc. increased its position in Emerson Electric by 3.0% in the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after acquiring an additional 64 shares during the period. Institute for Wealth Management LLC. lifted its position in 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 during the period. Cary Street Partners Investment Advisory LLC grew its stake 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 purchasing an additional 72 shares during the last quarter. Zhang Financial LLC increased its holdings in shares of Emerson Electric by 2.7% in the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock valued at $384,000 after purchasing an additional 76 shares during the period. Finally, Klingman & Associates LLC raised its stake in shares of 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. Institutional investors and hedge funds own 74.30% of the company’s stock.

Insiders Place Their Bets

In other Emerson Electric news, 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 transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $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 can be accessed through this link. Insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on EMR shares. Stephens increased their price target on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Wells Fargo & Company upped their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. BMO Capital Markets raised their target price on shares of Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Rothschild & Co Redburn boosted their price target on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Finally, KeyCorp cut their price target on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus target price of $166.22.

Get Our Latest Report on Emerson Electric

Emerson Electric Trading Down 0.3%

Shares of EMR stock opened at $163.92 on Thursday. The business’s fifty day moving average price is $145.39 and its 200 day moving average price is $142.88. The firm has a market capitalization of $91.81 billion, a PE ratio of 35.87, a P/E/G ratio of 2.44 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35.

Emerson Electric (NYSE:EMRGet Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS 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 company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same period in the previous year, the firm earned $1.52 EPS. The business’s revenue 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. As a group, sell-side analysts forecast that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Announces Dividend

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

Emerson Electric Company Profile

(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.

See Also

Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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