Everett Harris & Co. CA Makes New Investment in Emerson Electric Co. $EMR

Everett Harris & Co. CA acquired a new stake in shares of Emerson Electric Co. (NYSE:EMR) during the second quarter, HoldingsChannel reports. The fund acquired 36,017 shares of the industrial products company’s stock, valued at approximately $5,156,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Basso Capital Management L.P. purchased a new position in Emerson Electric during the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC purchased a new stake in shares of Emerson Electric in the second quarter worth $27,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Emerson Electric during the 4th quarter valued at $27,000. Motiv8 Investments LLC purchased a new position in shares of Emerson Electric during the 4th quarter valued at $27,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of Emerson Electric during the 2nd quarter valued at $29,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Stock Down 0.7%

Shares of EMR stock opened at $163.07 on Friday. The company’s fifty day simple moving average is $146.32 and its two-hundred day simple moving average is $143.14. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. The stock has a market cap of $91.33 billion, a P/E ratio of 35.68, a PEG ratio of 2.43 and a beta of 1.24. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating 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 analyst estimates of $4.80 billion. During the same quarter last year, the business posted $1.52 earnings per share. The business’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. Analysts predict that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

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

Insider Transactions at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the sale, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. BNP Paribas Exane increased their price target on Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Barclays upped their price objective on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada increased their target price on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Stephens lifted their target price on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Finally, BMO Capital Markets boosted their price target on Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus price target of $166.96.

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.