ING Groep NV Purchases Shares of 63,192 Emerson Electric Co. $EMR

ING Groep NV purchased a new stake in Emerson Electric Co. (NYSE:EMR) in the 4th quarter, HoldingsChannel reports. The fund purchased 63,192 shares of the industrial products company’s stock, valued at approximately $8,387,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Rooted Wealth Advisors Inc. increased its stake in Emerson Electric by 3.0% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after purchasing an additional 64 shares in the last quarter. Institute for Wealth Management LLC. grew its holdings in shares of Emerson Electric by 1.6% during the fourth quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after buying an additional 71 shares during the last quarter. Cary Street Partners Investment Advisory LLC grew its holdings in shares of Emerson Electric by 2.4% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after buying an additional 72 shares during the last quarter. Cornell Pochily Investment Advisors Inc. grew its holdings in shares of Emerson Electric by 0.3% during the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock valued at $3,883,000 after buying an additional 76 shares during the last quarter. Finally, Zhang Financial LLC grew its holdings in shares of Emerson Electric by 2.7% during the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock valued at $384,000 after buying an additional 76 shares during the last quarter. 74.30% of the stock is owned by institutional investors.

Emerson Electric Stock Up 0.2%

Emerson Electric stock opened at $138.36 on Monday. Emerson Electric Co. has a fifty-two week low of $122.11 and a fifty-two week high of $165.15. The stock has a market cap of $77.50 billion, a PE ratio of 31.95, a price-to-earnings-growth ratio of 2.21 and a beta of 1.25. The firm’s 50-day simple moving average is $138.42 and its 200 day simple moving average is $140.07. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The business had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.59 billion. During the same period in the previous year, the company earned $1.48 earnings per share. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. 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. Research analysts predict that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a dividend of $0.555 per share. The ex-dividend date is Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s payout ratio is 51.27%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada lifted their price objective on shares of Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Wolfe Research reduced their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Stephens lifted their price objective on shares of Emerson Electric from $145.00 to $155.00 and gave the company an “equal weight” rating in a report on Monday, February 9th. BMO Capital Markets lifted their price objective on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. Finally, Wells Fargo & Company lifted their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $163.24.

Insiders Place Their Bets

In related news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, the chief executive officer directly owned 281,393 shares in the company, valued at approximately $40,047,851.76. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.23% of the company’s stock.

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.