Great Lakes Advisors LLC Makes New $24.27 Million Investment in Emerson Electric Co. $EMR

Great Lakes Advisors LLC acquired a new position in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 169,549 shares of the industrial products company’s stock, valued at approximately $24,271,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Rooted Wealth Advisors Inc. lifted its stake in Emerson Electric by 3.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after purchasing an additional 64 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in Emerson Electric by 2.4% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock worth $411,000 after purchasing an additional 72 shares in the last quarter. Zhang Financial LLC lifted its position in shares of Emerson Electric by 2.7% during the 4th quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after buying an additional 76 shares during the last quarter. Klingman & Associates LLC boosted its holdings in shares of Emerson Electric by 1.4% in the 4th quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock valued at $754,000 after buying an additional 78 shares in the last quarter. Finally, Root Financial Partners LLC grew its position in shares of Emerson Electric by 3.6% in the 4th quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company’s stock valued at $296,000 after buying an additional 78 shares during the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Citigroup lifted their price target on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Barclays lifted their target price on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Sanford C. Bernstein boosted their target price on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Royal Bank Of Canada raised 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, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Thirteen investment 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, the company presently has an average rating of “Moderate Buy” and an average target price of $166.96.

Read Our Latest Report on Emerson Electric

Insider Buying and Selling

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the sale, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

Emerson Electric Stock Down 2.6%

EMR opened at $157.82 on Wednesday. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. The business has a 50 day moving average price of $147.09 and a two-hundred day moving average price of $143.26. 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 $88.39 billion, a PE ratio of 34.53, a P/E/G ratio of 2.43 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same period last year, the business posted $1.52 EPS. The company’s revenue was up .0% on a year-over-year basis. 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. As a group, research analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be paid a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s payout ratio is currently 48.58%.

Emerson Electric Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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