M&T Bank Corp Cuts Holdings in Emerson Electric Co. $EMR

M&T Bank Corp reduced its stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 2.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 448,956 shares of the industrial products company’s stock after selling 11,550 shares during the period. M&T Bank Corp owned approximately 0.08% of Emerson Electric worth $58,894,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Emerson Electric by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock worth $7,127,132,000 after purchasing an additional 201,040 shares in the last quarter. State Street Corp raised its holdings in shares of Emerson Electric by 3.0% during the 2nd quarter. State Street Corp now owns 27,053,019 shares of the industrial products company’s stock valued at $3,606,979,000 after buying an additional 784,987 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Emerson Electric by 75.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,538,402 shares of the industrial products company’s stock worth $1,671,762,000 after buying an additional 5,371,585 shares during the last quarter. Schroder Investment Management Group raised its stake in shares of Emerson Electric by 13.5% during the third quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock worth $945,227,000 after acquiring an additional 859,171 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Emerson Electric in the 2nd quarter worth approximately $918,830,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total value of $811,224.00. Following the completion of the sale, the chief executive officer owned 281,393 shares of the company’s stock, valued at $40,047,851.76. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Matthew S. Levatich sold 1,476 shares of Emerson Electric stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total transaction of $239,348.16. Following the completion of the sale, the director owned 24,349 shares in the company, valued at approximately $3,948,433.84. This trade represents a 5.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 13,879 shares of company stock worth $2,116,818 over the last quarter. 0.23% of the stock is owned by corporate insiders.

Emerson Electric Price Performance

EMR stock opened at $132.26 on Friday. The stock has a market capitalization of $74.33 billion, a price-to-earnings ratio of 32.34, a PEG ratio of 2.10 and a beta of 1.24. The firm’s 50-day moving average price is $147.72 and its two-hundred day moving average price is $137.86. The company has a current ratio of 0.84, a quick ratio of 0.62 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 12-month low of $90.06 and a 12-month high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.05. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The company had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.37 billion. During the same period in the prior year, the business posted $1.38 earnings per share. Emerson Electric’s revenue for the quarter was up 4.1% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. As a group, equities analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th were paid a dividend of $0.555 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.22 annualized dividend and a dividend yield of 1.7%. Emerson Electric’s payout ratio is 54.28%.

Analyst Ratings Changes

EMR has been the topic of several recent research reports. Robert W. Baird increased their target price on shares of Emerson Electric from $143.00 to $164.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Morgan Stanley raised their price objective on Emerson Electric from $115.00 to $125.00 and gave the company an “underweight” rating in a research note on Friday, January 9th. Stephens lifted their price objective on Emerson Electric from $145.00 to $155.00 and gave the stock an “equal weight” rating in a report on Monday, February 9th. Royal Bank Of Canada increased their target price on Emerson Electric from $153.00 to $176.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Finally, KeyCorp raised their price target on Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Eleven 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 company currently has a consensus rating of “Hold” and a consensus target price of $164.85.

Check Out Our Latest Stock Analysis on EMR

Emerson Electric Profile

(Free Report)

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

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