453,473 Shares in Emerson Electric Co. $EMR Purchased by Korea Investment CORP

Korea Investment CORP bought a new position in Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 453,473 shares of the industrial products company’s stock, valued at approximately $64,915,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of EMR. BlackRock Inc. bought a new stake in Emerson Electric during the 2nd quarter worth approximately $6,193,425,000. Norges Bank bought a new position in Emerson Electric in the 4th quarter valued at $1,050,040,000. Bank of New York Mellon Corp bought a new position in shares of Emerson Electric in the second quarter worth $659,000,000. Bank of America Corp DE increased its holdings in shares of Emerson Electric by 13.1% in the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after purchasing an additional 2,302,055 shares during the period. Finally, Deutsche Bank AG purchased a new stake in shares of Emerson Electric in the second quarter worth $211,212,000. 74.30% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

EMR has been the subject of several recent analyst reports. BMO Capital Markets boosted their target price on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. KeyCorp dropped their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Daiwa Securities Group cut their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. Finally, Barclays lifted their target price on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and a consensus target price of $166.96.

Emerson Electric Price Performance

Shares of Emerson Electric stock opened at $157.21 on Friday. The firm has a market capitalization of $88.05 billion, a PE ratio of 34.40, a price-to-earnings-growth ratio of 2.30 and a beta of 1.24. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $166.35. The business’s 50-day moving average price is $148.04 and its 200-day moving average price is $143.46.

Emerson Electric (NYSE:EMR) last released its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping 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 company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the previous year, the company posted $1.52 EPS. Emerson Electric’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. Sell-side analysts forecast 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 paid 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 is 48.58%.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric 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 transaction, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.23% of the company’s stock.

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.