OneAscent Financial Services LLC Buys Shares of 3,926 Emerson Electric Co. $EMR

OneAscent Financial Services LLC bought a new position in Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,926 shares of the industrial products company’s stock, valued at approximately $562,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EMR. Basso Capital Management L.P. bought a new stake in shares of Emerson Electric in the 4th quarter valued at $25,000. Allied Private Wealth LLC bought a new position in Emerson Electric during the second quarter worth about $27,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric in the fourth quarter valued at about $27,000. Motiv8 Investments LLC bought a new stake in shares of Emerson Electric in the fourth quarter worth about $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Emerson Electric during the fourth quarter worth about $29,000. Institutional investors and hedge funds 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 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 transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.23% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. BMO Capital Markets boosted their price objective on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. DA Davidson initiated coverage on shares of Emerson Electric in a report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 target price on the stock. Citigroup upped their price target on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Wells Fargo & Company increased their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. 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 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $166.96.

Emerson Electric Stock Down 1.7%

Shares of Emerson Electric stock opened at $154.93 on Friday. The firm has a market cap of $86.78 billion, a PE ratio of 33.90, a P/E/G ratio of 2.34 and a beta of 1.24. The business’s 50 day simple moving average is $147.76 and its 200 day simple moving average is $143.36. 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 Co. has a 52-week low of $122.64 and a 52-week high of $166.35.

Emerson Electric (NYSE:EMR) last released its quarterly 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 firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the prior year, the firm posted $1.52 EPS. The business’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 predict that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be paid 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 payout ratio is presently 48.58%.

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.