Verity Asset Management Inc. Sells 4,191 Shares of Emerson Electric Co. $EMR

Verity Asset Management Inc. lessened its holdings in Emerson Electric Co. (NYSE:EMR) by 50.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,191 shares of the industrial products company’s stock after selling 4,191 shares during the period. Verity Asset Management Inc.’s holdings in Emerson Electric were worth $556,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in EMR. Ameriprise Financial Inc. lifted its stake in shares of Emerson Electric by 185.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after purchasing an additional 2,075,425 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Emerson Electric by 29.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,260,097 shares of the industrial products company’s stock worth $690,020,000 after purchasing an additional 1,187,974 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Emerson Electric by 20.6% in the 3rd quarter. Fisher Asset Management LLC now owns 6,262,570 shares of the industrial products company’s stock worth $821,524,000 after purchasing an additional 1,069,122 shares during the period. Schroder Investment Management Group raised its stake in Emerson Electric by 13.5% during the 3rd quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock worth $945,227,000 after acquiring an additional 859,171 shares during the period. Finally, Boston Partners raised its stake in Emerson Electric by 34.0% during the 3rd quarter. Boston Partners now owns 2,860,894 shares of the industrial products company’s stock worth $375,547,000 after acquiring an additional 726,477 shares during the period. Institutional investors own 74.30% of the company’s stock.

Insider Activity

In other news, Director Matthew S. Levatich sold 1,476 shares of Emerson Electric stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total transaction of $239,348.16. Following the sale, the director owned 24,349 shares in the company, valued at $3,948,433.84. This trade represents a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the business’s stock in a transaction 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. This represents a 1.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,879 shares of company stock worth $2,116,818 over the last quarter. Insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. TD Cowen cut shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $150.00 target price on the stock. in a research note on Friday, January 9th. Morgan Stanley raised their target price on shares of Emerson Electric from $115.00 to $125.00 and gave the stock an “underweight” rating in a research note on Friday, January 9th. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 target price on the stock. Daiwa Securities Group raised their target price on shares of Emerson Electric from $153.00 to $177.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Finally, Stephens raised their target price on shares of Emerson Electric from $145.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Monday, February 9th. Twelve equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Emerson Electric presently has an average rating of “Hold” and a consensus target price of $162.38.

Emerson Electric Price Performance

Shares of Emerson Electric stock traded up $2.84 on Thursday, hitting $139.40. 234,680 shares of the company traded hands, compared to its average volume of 3,248,060. The stock has a market capitalization of $78.34 billion, a P/E ratio of 34.03, a price-to-earnings-growth ratio of 2.25 and a beta of 1.28. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.62 and a current ratio of 0.84. Emerson Electric Co. has a 52 week low of $104.52 and a 52 week high of $165.15. The business has a 50-day simple moving average of $139.06 and a 200 day simple moving average of $138.83.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.05. The firm had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.37 billion. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.38 earnings per share. 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. Research analysts expect that Emerson Electric Co. will post 6.51 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th were given a dividend of $0.555 per share. The ex-dividend date was Friday, February 13th. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is presently 54.28%.

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.