Triton Financial Group Inc acquired a new stake in Emerson Electric Co. (NYSE:EMR – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 13,016 shares of the industrial products company’s stock, valued at approximately $1,863,000. Emerson Electric accounts for about 1.1% of Triton Financial Group Inc’s holdings, making the stock its 29th biggest holding.
Other large investors have also added to or reduced their stakes in the company. Jacobs Equity LLC acquired a new position in Emerson Electric in the 2nd quarter valued at approximately $256,000. Parvin Asset Management LLC bought a new position in shares of Emerson Electric during the second quarter valued at $189,000. Proficio Capital Partners LLC acquired a new position in shares of Emerson Electric during the second quarter worth $464,000. Stonebridge Capital Management Inc. bought a new stake in shares of Emerson Electric in the second quarter worth $1,152,000. Finally, Pure Financial Advisors LLC acquired a new stake in Emerson Electric in the second quarter valued at $628,000. Institutional investors own 74.30% of the company’s stock.
Analyst Ratings Changes
Several brokerages have commented on EMR. Barclays lifted their target price on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Stephens raised their price objective on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Finally, Wells Fargo & Company raised their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $167.39.
Insider Activity
In other 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 transaction of $1,562,431.50. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.23% of the company’s stock.
Emerson Electric Stock Performance
Shares of Emerson Electric stock opened at $157.58 on Friday. The business has a 50-day moving average price of $148.70 and a two-hundred day moving average price of $143.49. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year 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. The company has a market cap of $88.26 billion, a P/E ratio of 34.48, a PEG ratio of 2.35 and a beta of 1.24.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating 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 company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the previous year, the business earned $1.52 EPS. The firm’s revenue was up .0% compared to the same quarter last year. 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, analysts anticipate that Emerson Electric Co. will post 6.56 EPS for the current year.
Emerson Electric Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio is presently 48.58%.
Emerson Electric Company 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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