Representative Richard McCormick (Republican-Georgia) recently sold shares of Emerson Electric Co. (NYSE:EMR). In a filing disclosed on August 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Emerson Electric stock on July 30th. The trade occurred in the Representative’s “GROWTH PARTNERS ROTH IRA” account.
Representative Richard McCormick also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 7/30/2026.
- Sold $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 7/30/2026.
- Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 7/30/2026.
- Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/30/2026.
- Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 7/30/2026.
- Sold $1,001 – $15,000 in shares of L3Harris Technologies (NYSE:LHX) on 7/30/2026.
- Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 7/30/2026.
- Sold $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 7/30/2026.
- Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 7/30/2026.
- Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 7/30/2026.
Emerson Electric Stock Down 1.9%
NYSE:EMR traded down $3.06 during mid-day trading on Tuesday, hitting $159.00. The company had a trading volume of 240,843 shares, compared to its average volume of 3,095,592. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The business has a fifty day simple moving average of $146.78 and a 200-day simple moving average of $143.19. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $89.05 billion, a price-to-earnings ratio of 34.81, a PEG ratio of 2.43 and a beta of 1.24.
Emerson Electric Dividend Announcement
The business also recently declared 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. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio is currently 48.58%.
Analyst Ratings Changes
A number of research analysts have recently commented on EMR shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Sanford C. Bernstein upped their price objective on Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a research note on Friday. Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. KeyCorp cut their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Finally, Rothschild & Co Redburn raised their target price on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Thirteen 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $166.96.
Check Out Our Latest Stock Report on Emerson Electric
Institutional Trading of Emerson Electric
A number of hedge funds have recently bought and sold shares of EMR. Rooted Wealth Advisors Inc. lifted its position in shares of Emerson Electric by 3.0% in the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after acquiring an additional 64 shares in the last quarter. Institute for Wealth Management LLC. lifted its position in Emerson Electric by 1.6% in the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock worth $603,000 after buying an additional 71 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in shares of 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 buying an additional 72 shares during the period. Zhang Financial LLC increased its stake in shares of Emerson Electric by 2.7% in the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after acquiring an additional 76 shares during the last quarter. Finally, Klingman & Associates LLC boosted its position in Emerson Electric by 1.4% during the fourth quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock valued at $754,000 after purchasing an additional 78 shares during the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Emerson Electric
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the sale, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.23% of the company’s stock.
About Representative McCormick
Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia’s 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 7th Congressional District. He declared candidacy for the 2026 election.
Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick’s career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.
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.
Further Reading
- Five stocks we like better than Emerson Electric
- RTX Stock Gets a Radar Lock on a $23B Navy Win
- Berkshire Just Made a Huge Alphabet Bet—Should You Follow?
- Michael Burry Is Betting Against Palantir Again—Should Investors Care?
- Fabrinet’s Sell-Off May Prove It Is One of AI’s Most Misunderstood Stocks
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.
