Emerson Electric Co. (NYSE:EMR – Get Free Report) CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Emerson Electric Stock Performance
EMR traded down $0.46 during trading on Wednesday, reaching $163.92. The company’s stock had a trading volume of 2,457,102 shares, compared to its average volume of 3,130,286. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The company’s fifty day moving average price is $144.94 and its 200-day moving average price is $142.78. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35. The company has a market capitalization of $91.81 billion, a price-to-earnings ratio of 35.87, a price-to-earnings-growth ratio of 2.36 and a beta of 1.24.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The business had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the prior year, the business posted $1.52 EPS. The company’s revenue for the quarter was up .0% on a year-over-year basis. 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. On average, equities analysts forecast that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
Hedge Funds Weigh In On Emerson Electric
Several hedge funds have recently added to or reduced their stakes in EMR. Basso Capital Management L.P. purchased a new position in shares of Emerson Electric during the 4th quarter worth approximately $25,000. Allied Private Wealth LLC purchased a new stake in Emerson Electric in the 2nd quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. acquired a new stake in Emerson Electric during the 4th quarter valued at $27,000. Motiv8 Investments LLC purchased a new position in Emerson Electric during the fourth quarter worth $27,000. Finally, MidFirst Bank acquired a new position in shares of Emerson Electric in the second quarter worth $31,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the stock. Rothschild & Co Redburn upped their price target on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. BMO Capital Markets boosted their price objective on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Sanford C. Bernstein lowered their target price on shares of Emerson Electric from $175.00 to $169.00 and set an “outperform” rating on the stock in a research report on Monday, July 20th. Stephens increased their target price on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $166.22.
View Our Latest Analysis on Emerson Electric
Emerson Electric Company 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.
Featured Articles
- Five stocks we like better than Emerson Electric
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.
