Birmingham Capital Management Co. Inc. AL Invests $7.54 Million in Emerson Electric Co. $EMR

Birmingham Capital Management Co. Inc. AL acquired a new position in Emerson Electric Co. (NYSE:EMRFree Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 52,675 shares of the industrial products company’s stock, valued at approximately $7,540,000. Emerson Electric makes up approximately 2.9% of Birmingham Capital Management Co. Inc. AL’s holdings, making the stock its 8th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in EMR. Basso Capital Management L.P. bought a new position in shares of Emerson Electric in the fourth quarter worth $25,000. Allied Private Wealth LLC bought a new stake in shares of Emerson Electric during the second quarter valued at about $27,000. IFC & Insurance Marketing Inc. acquired a new stake in Emerson Electric in the fourth quarter worth about $27,000. Motiv8 Investments LLC bought a new position in Emerson Electric in the 4th quarter valued at about $27,000. Finally, Ares Financial Consulting LLC acquired a new position in Emerson Electric during the 4th quarter valued at about $29,000. Institutional investors own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. JPMorgan Chase & Co. upgraded shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target on the stock in a research report on Friday, July 17th. Daiwa Securities Group lowered their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. KeyCorp dropped their target price on 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 upped their target price on Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, BNP Paribas Exane lifted their price target on Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $167.39.

View Our Latest Stock Analysis on EMR

Emerson Electric Trading Up 2.2%

Shares of NYSE EMR opened at $158.30 on Thursday. 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 12 month low of $122.64 and a 12 month high of $166.35. The company has a market cap of $88.66 billion, a price-to-earnings ratio of 34.64, a P/E/G ratio of 2.30 and a beta of 1.24. The business has a fifty day simple moving average of $148.57 and a 200-day simple moving average of $143.49.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter last year, the business posted $1.52 EPS. Emerson Electric’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. Sell-side analysts predict that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently declared 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 dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio is 48.58%.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.23% of the company’s stock.

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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