Sequoia Financial Advisors LLC lifted its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 16.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 35,733 shares of the industrial products company’s stock after buying an additional 5,053 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Emerson Electric were worth $5,115,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Basso Capital Management L.P. purchased a new stake in Emerson Electric in the 4th quarter worth approximately $25,000. Allied Private Wealth LLC bought a new position in shares of Emerson Electric in the second quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Emerson Electric in the fourth quarter worth $27,000. Motiv8 Investments LLC bought a new stake in shares of Emerson Electric during the 4th quarter valued at $27,000. Finally, Orion Capital Management LLC purchased a new position in shares of Emerson Electric during the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on EMR shares. Daiwa Securities Group cut their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. KeyCorp lowered their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. BMO Capital Markets increased their target price on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Rothschild & Co Redburn lifted their target price on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Finally, 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. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $167.83.
Insider Activity
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. Corporate insiders own 0.23% of the company’s stock.
Emerson Electric Stock Up 2.5%
Shares of EMR opened at $152.07 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 stock has a market capitalization of $85.17 billion, a price-to-earnings ratio of 33.28, a price-to-earnings-growth ratio of 2.23 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 business’s 50 day simple moving average is $150.39 and its 200-day simple moving average is $143.50.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.52 earnings per share. 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 expect that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a $0.555 dividend. The ex-dividend date was 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%.
Emerson Electric Profile
Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.
The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.
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