GHP Investment Advisors Inc. raised its position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 4.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 108,195 shares of the industrial products company’s stock after purchasing an additional 4,389 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Emerson Electric were worth $15,488,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of EMR. Rooted Wealth Advisors Inc. boosted its holdings in shares of Emerson Electric by 3.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after purchasing an additional 64 shares during the period. Institute for Wealth Management LLC. increased its holdings in Emerson Electric by 1.6% during the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after purchasing an additional 71 shares during the period. Cary Street Partners Investment Advisory LLC raised its position in Emerson Electric by 2.4% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after purchasing an additional 72 shares during the last quarter. Zhang Financial LLC lifted its holdings in Emerson Electric by 2.7% in the 4th quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after buying an additional 76 shares during the period. Finally, Klingman & Associates LLC grew its position in shares of Emerson Electric by 1.4% in the 4th quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock worth $754,000 after buying an additional 78 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Insider Buying and Selling
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 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.23% of the company’s stock.
Emerson Electric Trading Down 0.3%
Emerson Electric (NYSE:EMR – Get Free Report) last released its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 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 firm had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the prior year, the firm posted $1.52 earnings per share. The company’s quarterly revenue 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. As a group, analysts forecast that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.
Emerson Electric Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a $0.555 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.22 annualized dividend and a yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.
Wall Street Analyst Weigh In
Several research firms recently weighed in on EMR. Barclays lifted their price target on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Citigroup raised their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Rothschild & Co Redburn lifted their target price on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. DA Davidson initiated coverage on shares of Emerson Electric in a research report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price target on the stock. Finally, Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus price target of $166.22.
View Our Latest Stock Analysis on Emerson Electric
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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