Rep. Richard McCormick Sells Off Emerson Electric Co. (NYSE:EMR) Shares

Representative Richard McCormick (Republican-Georgia) recently sold shares of Emerson Electric Co. (NYSE:EMR). In a filing disclosed on August 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Emerson Electric stock on July 30th. The trade occurred in the Representative’s “GROWTH PARTNERS ROTH IRA” account.

Representative Richard McCormick also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of L3Harris Technologies (NYSE:LHX) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 7/30/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 7/30/2026.

Emerson Electric Stock Performance

Shares of EMR opened at $162.06 on Tuesday. 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 $90.77 billion, a P/E ratio of 35.46, a P/E/G ratio of 2.43 and a beta of 1.24. The business’s 50 day moving average price is $146.78 and its 200-day moving average price is $143.19. 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 posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.Emerson Electric’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.52 EPS. 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. Equities research analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share 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. 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 (DPR) is presently 48.58%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Brighton Jones LLC increased its stake in shares of Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock worth $1,412,000 after purchasing an additional 4,850 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Emerson Electric in the 1st quarter worth $232,000. Caxton Associates LLP purchased a new position in shares of Emerson Electric in the first quarter valued at about $275,000. Sivia Capital Partners LLC bought a new position in shares of Emerson Electric in the second quarter worth about $203,000. Finally, Jump Financial LLC grew its position in shares of Emerson Electric by 121.5% during the second quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock worth $1,406,000 after purchasing an additional 5,783 shares in the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

EMR has been the topic of a number of recent analyst reports. BMO Capital Markets increased their price target on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Sanford C. Bernstein upped their price objective on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research report on Friday. Citigroup lifted their target price on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Royal Bank Of Canada boosted their price target on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, KeyCorp dropped their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $166.96.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia’s 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 7th Congressional District. He declared candidacy for the 2026 election.

Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick’s career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

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.