EFG International AG purchased a new stake in Emerson Electric Co. (NYSE:EMR – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,278 shares of the industrial products company’s stock, valued at approximately $755,000.
Other large investors have also added to or reduced their stakes in the company. Basso Capital Management L.P. bought a new stake in shares of Emerson Electric during the 4th quarter valued at $25,000. Allied Private Wealth LLC bought a new position in shares of Emerson Electric in the second quarter worth $27,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric in the fourth quarter valued at about $27,000. Motiv8 Investments LLC bought a new stake in Emerson Electric during the fourth quarter worth about $27,000. Finally, Clal Insurance Enterprises Holdings Ltd acquired a new stake in Emerson Electric during the second quarter worth about $30,000. Institutional investors and hedge funds own 74.30% of the company’s stock.
Insider Activity at Emerson Electric
In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the stock in a transaction on Tuesday, August 11th. The stock was 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 directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.
Emerson Electric Stock Down 0.4%
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the firm posted $1.52 EPS. 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, equities research analysts anticipate that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.555 per share. The ex-dividend date is Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio is 48.58%.
Analyst Ratings Changes
Several research firms have commented on EMR. KeyCorp decreased their target price on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. HSBC lifted their price objective on shares of Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. Sanford C. Bernstein boosted their price objective on shares of Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Finally, BMO Capital Markets upped their target price on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Thirteen 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. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $167.39.
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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