Pallas Capital Advisors LLC Purchases New Position in Emerson Electric Co. $EMR

Pallas Capital Advisors LLC bought a new stake in shares of Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 72,430 shares of the industrial products company’s stock, valued at approximately $10,368,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Performance Wealth Partners LLC purchased a new position in Emerson Electric during the 2nd quarter valued at $204,000. Deutsche Bank AG purchased a new stake in shares of Emerson Electric in the 2nd quarter worth about $211,212,000. Perigon Wealth Management LLC bought a new stake in shares of Emerson Electric during the 2nd quarter valued at about $3,266,000. Commerzbank Aktiengesellschaft FI purchased a new position in shares of Emerson Electric during the second quarter valued at about $2,859,000. Finally, Phillips Wealth Planners LLC bought a new position in Emerson Electric in the second quarter worth about $337,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Down 0.7%

Shares of Emerson Electric stock opened at $162.06 on Tuesday. The company has a 50-day simple moving average of $146.78 and a two-hundred day simple moving average of $143.19. The stock has a market capitalization of $90.77 billion, a PE ratio of 35.46, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share 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 analyst estimates of $4.80 billion. During the same quarter in the previous year, the firm earned $1.52 EPS. Emerson Electric’s 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. On average, analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be given a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is presently 48.58%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. KeyCorp reduced their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Wells Fargo & Company raised their target price on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Sanford C. Bernstein lifted their price target on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research report on Friday. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective for the company in a report on Friday, July 17th. Finally, DA Davidson began coverage on Emerson Electric in a research report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price objective for the company. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $166.96.

Insider Activity at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the completion of the sale, the chief executive officer 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 document filed with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is owned by insiders.

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.