PNC Financial Services Group Inc. Sells 24,262 Shares of Emerson Electric Co. $EMR

PNC Financial Services Group Inc. lessened its position in Emerson Electric Co. (NYSE:EMR) by 1.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,732,587 shares of the industrial products company’s stock after selling 24,262 shares during the period. PNC Financial Services Group Inc.’s holdings in Emerson Electric were worth $227,281,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new position in shares of Emerson Electric in the second quarter valued at $29,000. Winnow Wealth LLC bought a new position in Emerson Electric in the 2nd quarter valued at about $34,000. Traub Capital Management LLC bought a new stake in Emerson Electric during the 2nd quarter worth approximately $37,000. Princeton Global Asset Management LLC purchased a new stake in shares of Emerson Electric in the second quarter worth approximately $38,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of Emerson Electric in the second quarter valued at approximately $39,000. 74.30% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total value of $965,979.00. Following the completion of the transaction, the chief executive officer directly owned 196,292 shares of the company’s stock, valued at $26,106,836. This trade represents a 3.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Nicholas J. Piazza sold 6,703 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $159.07, for a total value of $1,066,246.21. Following the completion of the sale, the vice president owned 31,664 shares in the company, valued at $5,036,792.48. This trade represents a 17.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 15,442 shares of company stock valued at $2,271,573. Company insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on EMR shares. Morgan Stanley increased their target price on shares of Emerson Electric from $115.00 to $125.00 and gave the company an “underweight” rating in a report on Friday, January 9th. Stephens lifted their target price on shares of Emerson Electric from $145.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Monday, February 9th. Robert W. Baird upped their target price on Emerson Electric from $143.00 to $164.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Royal Bank Of Canada upped their price objective on Emerson Electric from $153.00 to $176.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Finally, Rothschild & Co Redburn lifted their target price on Emerson Electric from $154.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Eleven equities 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $164.90.

Emerson Electric Stock Up 2.3%

Emerson Electric stock opened at $148.35 on Friday. The firm has a 50 day simple moving average of $143.65 and a 200 day simple moving average of $136.49. The company has a current ratio of 0.84, a quick ratio of 0.62 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 1-year low of $90.06 and a 1-year high of $165.15. The firm has a market capitalization of $83.37 billion, a price-to-earnings ratio of 36.27, a P/E/G ratio of 2.35 and a beta of 1.26.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results 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 company had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.37 billion. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business 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, analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric announced that its Board of Directors has authorized a share repurchase plan on Wednesday, November 5th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the industrial products company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th will be given a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, February 13th. Emerson Electric’s dividend payout ratio (DPR) is 54.28%.

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.