Haverford Trust Co Makes New Investment in Emerson Electric Co. $EMR

Haverford Trust Co acquired a new stake in Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 44,718 shares of the industrial products company’s stock, valued at approximately $6,401,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rooted Wealth Advisors Inc. lifted its holdings in Emerson Electric by 3.0% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after acquiring an additional 64 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its position in shares of Emerson Electric by 2.4% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock worth $411,000 after purchasing an additional 72 shares during the last quarter. Zhang Financial LLC increased its position in shares of Emerson Electric by 2.7% during the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock valued at $384,000 after acquiring an additional 76 shares during the last quarter. Klingman & Associates LLC increased its holdings in Emerson Electric by 1.4% in the 4th quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock valued at $754,000 after purchasing an additional 78 shares during the last quarter. Finally, Root Financial Partners LLC lifted its stake in Emerson Electric by 3.6% during the 4th quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company’s stock worth $296,000 after acquiring an additional 78 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Daiwa Securities Group cut their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target on the stock in a research note on Friday, July 17th. Citigroup lifted their price target on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, DA Davidson began coverage on shares of Emerson Electric in a research report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 target price on the stock. Thirteen research 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. According to MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus price target of $166.96.

Check Out Our Latest Stock Analysis on EMR

Emerson Electric Stock Up 1.6%

Shares of EMR opened at $157.21 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The firm has a market cap of $88.05 billion, a PE ratio of 34.40, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24. The company’s fifty day moving average is $148.04 and its two-hundred day moving average is $143.46. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35.

Emerson Electric (NYSE:EMRGet Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same quarter in the previous year, the business posted $1.52 EPS. The business’s quarterly revenue was up .0% on a year-over-year basis. 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. Analysts forecast that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be paid a $0.555 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio is 48.58%.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.23% of the stock is owned by company insiders.

About Emerson Electric

(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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