Canandaigua National Bank & Trust Co. purchased a new stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 13,182 shares of the industrial products company’s stock, valued at approximately $1,887,000.
A number of other hedge funds also recently modified their holdings of the stock. Basso Capital Management L.P. bought a new position in Emerson Electric in the 4th quarter valued at about $25,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Emerson Electric in the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC bought a new position in shares of Emerson Electric during the fourth quarter worth approximately $27,000. Darwin Wealth Management LLC acquired a new stake in Emerson Electric during the 2nd quarter worth approximately $29,000. Finally, Ares Financial Consulting LLC acquired a new position in Emerson Electric in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.
Trending Headlines about Emerson Electric
Here are the key news stories impacting Emerson Electric this week:
- Positive Sentiment: Q3 earnings and revenue beat expectations. Emerson reported adjusted EPS of $1.71, above the $1.68 consensus estimate and up from $1.52 a year earlier. Revenue reached $4.87 billion versus expectations of $4.80 billion. Emerson Reports Third Quarter 2026 Results; Raises 2026 Outlook
- Positive Sentiment: Automation and software demand supported performance. Underlying sales increased 6%, led by 23% growth in the Test and Measurement and Ovation businesses. Software and Systems strength, margin expansion, and robust cash flow helped drive the earnings beat. Emerson Q3 Earnings Beat on Software & Systems Strength, Outlook Raised
- Positive Sentiment: Management raised fiscal 2026 guidance. Full-year EPS guidance was set at $6.55, above the $6.50 consensus, while revenue guidance of $18.9 billion also exceeded the $18.8 billion estimate. Fourth-quarter EPS guidance of $1.85 was above the $1.82 consensus.
- Positive Sentiment: Analysts became more bullish. Citigroup raised its price target from $174 to $182 and assigned a Buy rating. RBC increased its target from $169 to $179 and maintained an Outperform rating, implying additional upside based on the referenced trading level. RBC Adjusts Price Target on Emerson Electric
- Neutral Sentiment: Technology leadership transition announced. Rudy Sengupta will become Emerson’s senior vice president and chief technology and AI officer on August 15, while Peter Zornio plans to retire at year-end. The appointment reinforces the company’s industrial AI focus, although the near-term financial effect is unclear. Emerson Appoints Rudy Sengupta as Chief Technology and AI Officer
- Neutral Sentiment: Quarterly dividend maintained. Emerson declared a $0.555-per-share dividend payable September 10 to shareholders of record August 14, providing ongoing income support with a cited yield of approximately 1.4%.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on EMR
Emerson Electric Price Performance
Shares of NYSE:EMR opened at $162.30 on Thursday. The firm has a 50 day moving average of $143.55 and a 200-day moving average of $142.47. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $165.15. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $90.91 billion, a PE ratio of 35.51, a PEG ratio of 2.40 and a beta of 1.24.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.60%. The business had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same period last year, the firm posted $1.52 earnings per share. 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. On average, equities research analysts predict that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.
Emerson Electric Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio is currently 51.27%.
Emerson Electric Profile
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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