ProShare Advisors LLC lifted its position in Emerson Electric Co. (NYSE:EMR – Free Report) by 5.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,269,934 shares of the industrial products company’s stock after purchasing an additional 68,976 shares during the quarter. ProShare Advisors LLC owned 0.23% of Emerson Electric worth $196,967,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in EMR. William Mack & Associates Inc. bought a new stake in shares of Emerson Electric during the 3rd quarter worth approximately $25,000. Allied Private Wealth LLC acquired a new position in Emerson Electric in the 2nd quarter valued at approximately $27,000. Financial Management Professionals Inc. raised its position in shares of Emerson Electric by 100.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 172 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 86 shares in the last quarter. Orion Capital Management LLC acquired a new stake in shares of Emerson Electric in the 2nd quarter valued at about $29,000. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Emerson Electric in the second quarter worth approximately $30,000. Institutional investors own 74.30% of the company’s stock.
Emerson Electric Stock Down 3.6%
EMR stock opened at $164.54 on Friday. The company has a market cap of $92.16 billion, a price-to-earnings ratio of 36.00, a price-to-earnings-growth ratio of 2.29 and a beta of 1.21. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $171.25. The company has a fifty day moving average price of $157.06 and a 200 day moving average price of $147.16. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The firm had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter last year, the business posted $1.52 EPS. The firm’s quarterly revenue was up .0% compared to the same quarter last year. 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. Sell-side analysts expect that Emerson Electric Co. will post 6.56 earnings per share for the current year.
Emerson Electric Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were given a dividend of $0.5550 per share. The ex-dividend date was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.3%. Emerson Electric’s payout ratio is currently 48.58%.
Insiders Place Their Bets
In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction that occurred on 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 in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.23% of the stock is owned by insiders.
Analyst Ratings Changes
A number of brokerages recently issued reports on EMR. Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Mizuho raised their price objective on shares of Emerson Electric from $173.00 to $180.00 and gave the company an “outperform” rating in a research note on Thursday, October 15th. BNP Paribas Exane lifted their price target on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. TD Cowen raised their target price on shares of Emerson Electric from $150.00 to $170.00 and gave the company a “hold” rating in a research note on Friday, September 25th. Finally, Morgan Stanley increased their target price on shares of Emerson Electric from $135.00 to $145.00 and gave the company an “underweight” rating in a research note on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $172.17.
Read Our Latest Report on Emerson Electric
Emerson Electric Company Profile
Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.
The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.
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