Flputnam Investment Management Co. acquired a new stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) in the second quarter, HoldingsChannel.com reports. The firm acquired 76,532 shares of the industrial products company’s stock, valued at approximately $10,956,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its position in shares of Emerson Electric by 74.1% during the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after acquiring an additional 4,850 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Emerson Electric in the 1st quarter valued at approximately $232,000. Caxton Associates LLP purchased a new stake in Emerson Electric during the 1st quarter valued at $275,000. Sivia Capital Partners LLC bought a new stake in shares of Emerson Electric in the 2nd quarter worth $203,000. Finally, Jump Financial LLC raised its stake in shares of Emerson Electric by 121.5% in the second quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock worth $1,406,000 after purchasing an additional 5,783 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the company. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective on the stock in a research report on Friday, July 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Citigroup raised their price target on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Sanford C. Bernstein lifted 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. Finally, KeyCorp decreased their price objective 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 equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus target price of $166.96.
Insider Activity
In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’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 directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. The trade was 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 the SEC website. Insiders own 0.23% of the company’s stock.
Emerson Electric Stock Performance
Shares of EMR opened at $163.07 on Monday. The firm has a market capitalization of $91.33 billion, a P/E ratio of 35.68, a PEG ratio of 2.43 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 one year low of $122.64 and a one year high of $166.35. The business has a fifty day moving average of $146.32 and a 200 day moving average of $143.09.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.Emerson Electric’s revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. As a group, 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 paid 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%.
Emerson Electric 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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