Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 87,204 shares of the industrial products company’s stock, valued at approximately $11,574,000.
A number of other large investors have also recently bought and sold shares of EMR. Murphy Middleton Hinkle & Parker Inc. raised its holdings in shares of Emerson Electric by 229.1% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock valued at $6,167,000 after purchasing an additional 32,346 shares during the last quarter. AustralianSuper Pty Ltd bought a new position in shares of Emerson Electric in the 3rd quarter valued at about $950,000. Cahill Financial Advisors Inc. acquired a new stake in shares of Emerson Electric in the third quarter valued at about $823,000. Vanguard Group Inc. increased its position in shares of Emerson Electric by 0.4% in the third quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock valued at $7,127,132,000 after acquiring an additional 201,040 shares during the last quarter. Finally, Wedbush Securities Inc. increased its position in shares of Emerson Electric by 88.4% in the third quarter. Wedbush Securities Inc. now owns 19,197 shares of the industrial products company’s stock valued at $2,518,000 after acquiring an additional 9,009 shares during the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.
Insider Activity
In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the completion of the sale, the chief executive officer owned 281,393 shares in the company, valued at $40,047,851.76. The trade was a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.23% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on Emerson Electric
Emerson Electric Trading Down 1.2%
Emerson Electric stock opened at $130.59 on Wednesday. Emerson Electric Co. has a 52 week low of $114.83 and a 52 week high of $165.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87. The stock has a market capitalization of $73.14 billion, a P/E ratio of 30.16, a PEG ratio of 2.11 and a beta of 1.26. The stock has a 50-day simple moving average of $136.75 and a 200 day simple moving average of $139.44.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. During the same quarter last year, the company posted $1.48 earnings per share. Emerson Electric’s quarterly revenue was up 2.9% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. Analysts expect that Emerson Electric Co. will post 6.49 earnings per share for the current year.
Emerson Electric Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th 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 1.7%. The ex-dividend date is Friday, May 15th. Emerson Electric’s payout ratio is currently 51.27%.
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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