Mondrian Investment Partners LTD Sells 27,280 Shares of Emerson Electric Co. $EMR

Mondrian Investment Partners LTD cut its position in Emerson Electric Co. (NYSE:EMR – Free Report) by 15.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 151,504 shares of the industrial products company’s stock after selling 27,280 shares during the quarter. Mondrian Investment Partners LTD’s holdings in Emerson Electric were worth $23,498,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of EMR. Evergreen Capital Management LLC lifted its position in shares of Emerson Electric by 32.1% during the 3rd quarter. Evergreen Capital Management LLC now owns 11,204 shares of the industrial products company’s stock worth $1,738,000 after purchasing an additional 2,722 shares during the last quarter. Murphy Pohlad Asset Management LLC grew its holdings in Emerson Electric by 0.5% in the 3rd quarter. Murphy Pohlad Asset Management LLC now owns 35,970 shares of the industrial products company’s stock valued at $5,579,000 after buying an additional 175 shares during the last quarter. Beaumont Financial Advisors LLC grew its holdings in Emerson Electric by 4.8% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 2,486 shares of the industrial products company’s stock valued at $386,000 after buying an additional 113 shares during the last quarter. Atala Financial Inc bought a new position in Emerson Electric in the 3rd quarter worth approximately $207,000. Finally, Parthenon LLC increased its position in Emerson Electric by 7.8% in the 3rd quarter. Parthenon LLC now owns 1,742 shares of the industrial products company’s stock worth $270,000 after buying an additional 126 shares during the period. Institutional investors own 74.30% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. BMO Capital Markets upped their price target on Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. DA Davidson raised their price objective on shares of Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research note on Monday, August 24th. BNP Paribas Exane boosted their target price on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Morgan Stanley boosted their target price on shares of Emerson Electric from $135.00 to $145.00 and gave the stock an “underweight” rating in a research report on Monday, October 19th. Finally, Mizuho upped their target price on shares of Emerson Electric from $173.00 to $180.00 and gave the company an “outperform” rating in a research note on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $172.17.

View Our Latest Stock Analysis on EMR

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the sale, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.

Emerson Electric Stock Up 0.9%

NYSE EMR opened at $161.74 on Friday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The stock has a market cap of $90.59 billion, a PE ratio of 35.39, a PEG ratio of 2.22 and a beta of 1.21. The firm has a 50-day simple moving average of $156.14 and a 200 day simple moving average of $147.85. 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 – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, research analysts forecast that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a dividend of $0.5550 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is presently 48.58%.

Emerson Electric Profile

(Free Report)

Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.

See Also

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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