Odyssean LLC boosted its holdings in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 250.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 6,246 shares of the industrial products company’s stock after buying an additional 4,465 shares during the quarter. Odyssean LLC’s holdings in Emerson Electric were worth $894,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in shares of Emerson Electric by 9.4% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock valued at $14,563,000 after buying an additional 8,700 shares in the last quarter. BlackRock Inc. bought a new stake in Emerson Electric during the second quarter valued at about $6,193,425,000. Fisher Asset Management LLC lifted its position in shares of Emerson Electric by 14.8% in the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after acquiring an additional 928,548 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Emerson Electric by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after acquiring an additional 76,488 shares during the period. Finally, Legal & General Group Plc grew its position in shares of Emerson Electric by 2.1% during the fourth quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock worth $546,072,000 after purchasing an additional 84,064 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research analysts recently commented on the company. Royal Bank Of Canada boosted their price target on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. BNP Paribas Exane lifted their price objective on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. HSBC upped their target price on shares of Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. DA Davidson raised their target price on shares of Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, August 24th. Finally, Weiss Ratings reiterated 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $167.83.
Emerson Electric Stock Performance
NYSE:EMR opened at $152.88 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The company has a market cap of $85.63 billion, a price-to-earnings ratio of 33.45, a PEG ratio of 2.25 and a beta of 1.24. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The stock’s 50 day simple moving average is $149.35 and its two-hundred day simple moving average is $143.45.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. During the same period last year, the firm posted $1.52 earnings per share. Emerson Electric’s revenue for the quarter was up .0% compared to the same quarter last year. 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, equities analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.
Emerson Electric Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.5%. Emerson Electric’s payout ratio is 48.58%.
Insider Activity at Emerson Electric
In related news, CEO Surendralal 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 value of $1,562,431.50. Following the completion of the transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.
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.
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