Texas Capital Bank Wealth Management Services Inc Has $1.50 Million Stock Holdings in Emerson Electric Co. $EMR

Texas Capital Bank Wealth Management Services Inc grew its holdings in Emerson Electric Co. (NYSE:EMRFree Report) by 127.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,283 shares of the industrial products company’s stock after buying an additional 6,312 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in Emerson Electric were worth $1,497,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Geode Capital Management LLC raised its stake in shares of Emerson Electric by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after buying an additional 76,488 shares in the last quarter. Fidelis Capital Partners LLC grew its holdings in shares of Emerson Electric by 7.2% in the 4th quarter. Fidelis Capital Partners LLC now owns 17,678 shares of the industrial products company’s stock worth $2,346,000 after purchasing an additional 1,186 shares during the last quarter. Knights of Columbus Asset Advisors LLC grew its holdings in shares of Emerson Electric by 3.5% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 12,663 shares of the industrial products company’s stock worth $1,681,000 after purchasing an additional 423 shares during the last quarter. Expressive Wealth LLC bought a new stake in shares of Emerson Electric in the 4th quarter worth about $332,000. Finally, TrustBank bought a new stake in shares of Emerson Electric in the 4th quarter worth about $207,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Wells Fargo & Company upped their target price on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Daiwa Securities Group lowered their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Loop Capital upped their target price on shares of Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Jefferies Financial Group started coverage on shares of Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 target price on the stock. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Emerson Electric has a consensus rating of “Hold” and an average price target of $163.24.

View Our Latest Stock Analysis on Emerson Electric

Emerson Electric Stock Down 0.9%

Shares of NYSE:EMR opened at $139.68 on Thursday. Emerson Electric Co. has a 12 month low of $117.16 and a 12 month high of $165.15. The company’s 50-day moving average price is $136.81 and its two-hundred day moving average price is $139.46. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. The firm has a market cap of $78.24 billion, a P/E ratio of 32.26, a P/E/G ratio of 2.25 and a beta of 1.26.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. During the same quarter in the prior year, the firm earned $1.48 EPS. The company’s revenue was up 2.9% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. As a group, research analysts forecast that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.

Insider Activity

In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were 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 of the company’s stock, valued at approximately $40,047,851.76. This trade represents a 1.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.23% of the company’s stock.

Emerson Electric Company 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.

Recommended Stories

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

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

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.