Cibc World Market Inc. Takes Position in Emerson Electric Co. $EMR

Cibc World Market Inc. acquired a new position in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 97,400 shares of the industrial products company’s stock, valued at approximately $13,943,000.

A number of other large investors have also recently bought and sold shares of EMR. Basso Capital Management L.P. purchased a new stake in shares of Emerson Electric in the fourth quarter valued at $25,000. Allied Private Wealth LLC purchased a new stake in Emerson Electric during the 2nd quarter worth about $27,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric in the 4th quarter valued at about $27,000. Motiv8 Investments LLC purchased a new position in Emerson Electric in the 4th quarter valued at about $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Emerson Electric during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Insider Activity

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on EMR. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Barclays lifted their target price on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. BMO Capital Markets increased their price target on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. KeyCorp lowered their price objective 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. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $167.39.

Check Out Our Latest Stock Analysis on EMR

Emerson Electric Stock Up 0.2%

Shares of EMR opened at $157.56 on Tuesday. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The company’s fifty day moving average is $148.26 and its two-hundred day moving average is $143.46. The firm has a market cap of $88.25 billion, a PE ratio of 34.48, a price-to-earnings-growth ratio of 2.34 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:EMRGet Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS 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 business had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the prior year, the firm posted $1.52 EPS. The business’s revenue for the quarter 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. Analysts forecast that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Announces Dividend

The company 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. This represents a $2.22 annualized dividend and a dividend 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.

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

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