Park Avenue Securities LLC Sells 4,776 Shares of Emerson Electric Co. $EMR

Park Avenue Securities LLC trimmed its stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 21.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,235 shares of the industrial products company’s stock after selling 4,776 shares during the period. Park Avenue Securities LLC’s holdings in Emerson Electric were worth $2,287,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AustralianSuper Pty Ltd acquired a new position in Emerson Electric during the 3rd quarter worth approximately $950,000. Cahill Financial Advisors Inc. acquired a new stake in shares of Emerson Electric in the third quarter valued at approximately $823,000. Coldstream Capital Management Inc. lifted its position in shares of Emerson Electric by 18.3% in the second quarter. Coldstream Capital Management Inc. now owns 21,378 shares of the industrial products company’s stock worth $2,850,000 after purchasing an additional 3,308 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Emerson Electric by 0.4% during the third quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock worth $7,127,132,000 after purchasing an additional 201,040 shares during the last quarter. Finally, Marshall Wace LLP grew its position in Emerson Electric by 74.4% in the second quarter. Marshall Wace LLP now owns 1,286,755 shares of the industrial products company’s stock valued at $171,563,000 after purchasing an additional 548,795 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the completion of the sale, the chief executive officer owned 281,393 shares of the company’s stock, valued at $40,047,851.76. This trade represents a 1.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Nicholas J. Piazza sold 6,703 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the completion of the transaction, the vice president owned 31,664 shares in the company, valued at approximately $5,036,792.48. This represents a 17.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 13,879 shares of company stock worth $2,116,818. Company insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Loop Capital boosted their price target 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. Deutsche Bank Aktiengesellschaft cut Emerson Electric from a “buy” rating to a “hold” rating and set a $170.00 price objective for the company. in a report on Thursday, February 5th. Wolfe Research dropped their target price on Emerson Electric from $177.00 to $176.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. KeyCorp increased their price target on Emerson Electric from $155.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Finally, Stephens boosted their price target on Emerson Electric from $145.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Monday, February 9th. Eleven research 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’s stock. Based on data from MarketBeat, Emerson Electric currently has a consensus rating of “Hold” and an average target price of $164.85.

Get Our Latest Stock Report on EMR

Emerson Electric Stock Up 1.2%

Emerson Electric stock opened at $129.71 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62. The company’s 50-day moving average is $146.10 and its 200-day moving average is $137.86. The firm has a market capitalization of $72.90 billion, a PE ratio of 31.71, a P/E/G ratio of 2.04 and a beta of 1.24. Emerson Electric Co. has a fifty-two week low of $90.06 and a fifty-two week high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.05. The business 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%.Emerson Electric’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the company posted $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. Sell-side analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 13th were issued a dividend of $0.555 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.7%. Emerson Electric’s payout ratio is presently 54.28%.

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.

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.