Trust Co. of Vermont Takes $23.88 Million Position in Emerson Electric Co. $EMR

Trust Co. of Vermont bought a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 166,839 shares of the industrial products company’s stock, valued at approximately $23,883,000.

Several other hedge funds have also bought and sold shares of the stock. Principle Wealth Partners LLC bought a new position in Emerson Electric during the second quarter valued at approximately $5,572,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Emerson Electric during the second quarter valued at $201,099,000. OneDigital Investment Advisors LLC bought a new position in Emerson Electric during the second quarter valued at $1,997,000. Plato Investment Management Ltd purchased a new position in shares of Emerson Electric in the 2nd quarter worth $2,010,000. Finally, Bell Investment Advisors Inc bought a new stake in Emerson Electric during the second quarter worth approximately $197,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Insider Transactions at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the sale, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Trading Down 0.7%

Emerson Electric stock opened at $162.06 on Tuesday. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. The stock has a 50-day moving average price of $146.78 and a 200 day moving average price of $143.19. The company has a market capitalization of $90.77 billion, a price-to-earnings ratio of 35.46, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last issued 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 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 firm’s revenue was up .0% compared to the same quarter last year. During the same quarter last year, the company 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. Sell-side analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on EMR. BMO Capital Markets raised their price target on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Sanford C. Bernstein raised their price target on shares of Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a research note on Friday. BNP Paribas Exane boosted their price target on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Stephens increased their price target on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Finally, HSBC raised their target price on shares of Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $166.96.

View Our Latest Report on EMR

About Emerson Electric

(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.

Further Reading

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

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