Ferguson Wellman Capital Management Inc. raised its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 2.1% in the 4th quarter, HoldingsChannel reports. The firm owned 296,783 shares of the industrial products company’s stock after purchasing an additional 6,172 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Emerson Electric were worth $39,389,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Emerson Electric in the second quarter valued at $918,830,000. Schroder Investment Management Group lifted its position in Emerson Electric by 51.6% during the 2nd quarter. Schroder Investment Management Group now owns 6,346,398 shares of the industrial products company’s stock worth $846,165,000 after buying an additional 2,159,126 shares in the last quarter. Ameriprise Financial Inc. grew its holdings 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 acquiring an additional 2,075,425 shares during the last quarter. Fisher Asset Management LLC increased its position in Emerson Electric by 43.0% in the 2nd quarter. Fisher Asset Management LLC now owns 5,193,448 shares of the industrial products company’s stock valued at $692,442,000 after acquiring an additional 1,561,600 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in Emerson Electric by 29.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,260,097 shares of the industrial products company’s stock valued at $690,020,000 after acquiring an additional 1,187,974 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.
Insider Activity at Emerson Electric
In related news, Director Matthew S. Levatich sold 1,476 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total value of $239,348.16. Following the completion of the sale, the director owned 24,349 shares in the company, valued at $3,948,433.84. This represents a 5.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of Emerson Electric stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total value of $811,224.00. Following the transaction, the chief executive officer owned 281,393 shares in the company, valued at approximately $40,047,851.76. This represents a 1.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 13,879 shares of company stock worth $2,116,818 in the last quarter. Corporate insiders own 0.23% of the company’s stock.
Emerson Electric Stock Performance
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.05. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The business had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same quarter last year, the firm earned $1.38 EPS. Emerson Electric’s quarterly revenue was up 4.1% compared to the same quarter last year. 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, sell-side analysts expect that Emerson Electric Co. will post 5.96 earnings per share for the current year.
Emerson Electric Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th were issued a $0.555 dividend. 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%.
Wall Street Analysts Forecast Growth
EMR has been the topic of a number of research reports. Barclays upped 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. Loop Capital boosted their price objective on shares of Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Citigroup increased their price objective on Emerson Electric from $165.00 to $174.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. HSBC lifted their target price on Emerson Electric from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Wells Fargo & Company upped their price target on Emerson Electric from $145.00 to $160.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Eleven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Emerson Electric presently has an average rating of “Hold” and a consensus price target of $164.85.
About Emerson Electric
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.
See Also
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