BNP Paribas increased its position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 257.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,357 shares of the industrial products company’s stock after acquiring an additional 75,180 shares during the quarter. BNP Paribas’ holdings in Emerson Electric were worth $13,694,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EMR. Ameriprise Financial Inc. grew its position in Emerson Electric by 185.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after purchasing an additional 2,075,425 shares in the last quarter. Schonfeld Strategic Advisors LLC lifted its holdings in shares of Emerson Electric by 43.2% in the third quarter. Schonfeld Strategic Advisors LLC now owns 2,763 shares of the industrial products company’s stock valued at $362,000 after purchasing an additional 833 shares in the last quarter. Creative Planning boosted its position in shares of Emerson Electric by 4.3% in the third quarter. Creative Planning now owns 220,679 shares of the industrial products company’s stock worth $28,949,000 after buying an additional 9,186 shares during the period. Credit Agricole S A purchased a new position in shares of Emerson Electric during the third quarter valued at $27,102,000. Finally, Kelleher Financial Advisors acquired a new position in Emerson Electric during the third quarter valued at $149,000. Institutional investors and hedge funds own 74.30% of the company’s stock.
Insider Buying and Selling
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, the chief executive officer directly owned 281,393 shares of the company’s stock, valued at $40,047,851.76. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Nicholas J. Piazza sold 6,703 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $159.07, for a total value of $1,066,246.21. Following the transaction, the vice president owned 31,664 shares in the company, valued at approximately $5,036,792.48. This trade represents a 17.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 13,879 shares of company stock worth $2,116,818. Corporate insiders own 0.23% of the company’s stock.
Emerson Electric Trading Up 0.1%
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.05. The firm had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.37 billion. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.38 earnings per share. 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. On average, research analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 13th were paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, February 13th. Emerson Electric’s payout ratio is presently 54.28%.
Wall Street Analyst Weigh In
EMR has been the subject of a number of research reports. Rothschild & Co Redburn raised their price objective on Emerson Electric from $154.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Weiss Ratings downgraded Emerson Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, February 4th. Wolfe Research decreased their price target on shares of Emerson Electric from $177.00 to $176.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Oppenheimer reiterated a “market perform” rating on shares of Emerson Electric in a research note on Tuesday, January 27th. Finally, Barclays increased their target price on shares of Emerson Electric from $135.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 7th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $164.85.
View Our Latest Stock Report on EMR
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.
Featured Stories
- Five stocks we like better than Emerson Electric
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- A personal warning from Martin Weiss (Please read)
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.
