LGT Group Foundation lifted its stake in Emerson Electric Co. (NYSE:EMR – Free Report) by 3.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 317,373 shares of the industrial products company’s stock after buying an additional 10,238 shares during the period. LGT Group Foundation owned approximately 0.06% of Emerson Electric worth $41,636,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in EMR. AustralianSuper Pty Ltd acquired a new position in shares of Emerson Electric during the third quarter worth $950,000. Cahill Financial Advisors Inc. bought a new stake in shares of Emerson Electric during the third quarter worth about $823,000. Coldstream Capital Management Inc. boosted its position in Emerson Electric by 18.3% during the 2nd quarter. Coldstream Capital Management Inc. now owns 21,378 shares of the industrial products company’s stock worth $2,850,000 after buying an additional 3,308 shares during the period. Marshall Wace LLP increased its position in Emerson Electric by 74.4% in the 2nd quarter. Marshall Wace LLP now owns 1,286,755 shares of the industrial products company’s stock valued at $171,563,000 after acquiring an additional 548,795 shares during the period. Finally, Caprock Group LLC bought a new stake in shares of Emerson Electric in the third quarter worth $3,359,000. Institutional investors own 74.30% of the company’s stock.
Insider Buying and Selling
In other news, Director Matthew S. Levatich sold 1,476 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total value of $239,348.16. Following the transaction, the director owned 24,349 shares in the company, valued at approximately $3,948,433.84. This trade represents a 5.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Nicholas J. Piazza sold 6,703 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the completion of the sale, the vice president directly owned 31,664 shares in the company, valued at approximately $5,036,792.48. This trade represents a 17.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.23% of the company’s stock.
Emerson Electric Stock Down 2.6%
Emerson Electric (NYSE:EMR – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.41 by $0.05. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter last year, the company earned $1.38 EPS. The firm’s revenue was up 4.1% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. On average, analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.
Emerson Electric Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th will be paid a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, February 13th. Emerson Electric’s payout ratio is 54.28%.
Analyst Upgrades and Downgrades
EMR has been the topic of several analyst reports. Stephens upped their target price on Emerson Electric from $145.00 to $155.00 and gave the company an “equal weight” rating in a report on Monday, February 9th. Wolfe Research dropped their price target on Emerson Electric from $177.00 to $176.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Robert W. Baird raised their price objective on shares of Emerson Electric from $143.00 to $164.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Royal Bank Of Canada lifted their target price on Emerson Electric from $153.00 to $176.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Emerson Electric from $150.00 to $157.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Eleven 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 company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $164.85.
Get Our Latest Stock Analysis on Emerson Electric
About Emerson Electric
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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