J.Safra Asset Management Corp acquired a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 5,512 shares of the industrial products company’s stock, valued at approximately $789,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Basso Capital Management L.P. bought a new position in shares of Emerson Electric during the 4th quarter worth $25,000. Allied Private Wealth LLC bought a new stake in shares of Emerson Electric in the second quarter valued at about $27,000. IFC & Insurance Marketing Inc. purchased a new stake in Emerson Electric in the fourth quarter worth about $27,000. Motiv8 Investments LLC purchased a new stake in Emerson Electric in the fourth quarter worth about $27,000. Finally, Darwin Wealth Management LLC bought a new position in Emerson Electric during the 2nd quarter worth about $29,000. 74.30% of the stock is owned by institutional investors.
Insider Buying and Selling at Emerson Electric
In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is owned by insiders.
Analysts Set New Price Targets
Emerson Electric Stock Down 0.1%
Shares of Emerson Electric stock opened at $163.07 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The company 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 firm’s 50 day moving average price is $146.32 and its 200-day moving average price is $143.09. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.52 earnings per share. 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, sell-side analysts predict that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be issued 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 48.58%.
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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