Brooks Moore & Associates Inc. Buys New Shares in Emerson Electric Co. $EMR

Brooks Moore & Associates Inc. bought a new position in Emerson Electric Co. (NYSE:EMRFree Report) during the second quarter, according to the company in its most recent filing with the SEC. The firm bought 6,188 shares of the industrial products company’s stock, valued at approximately $886,000.

Other institutional investors have also added to or reduced their stakes in the company. Rooted Wealth Advisors Inc. increased its holdings in shares of Emerson Electric by 3.0% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after buying an additional 64 shares during the period. Cary Street Partners Investment Advisory LLC lifted its position in Emerson Electric by 2.4% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after purchasing an additional 72 shares during the last quarter. Zhang Financial LLC boosted its stake in shares of Emerson Electric by 2.7% during the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock valued at $384,000 after purchasing an additional 76 shares during the period. Root Financial Partners LLC grew its holdings in shares of Emerson Electric by 3.6% in the fourth quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company’s stock worth $296,000 after purchasing an additional 78 shares during the last quarter. Finally, REAP Financial Group LLC increased its stake in shares of Emerson Electric by 4.4% in the fourth quarter. REAP Financial Group LLC now owns 1,892 shares of the industrial products company’s stock worth $251,000 after buying an additional 79 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $157.58 on Friday. The company has a 50 day simple moving average of $148.70 and a two-hundred day simple moving average of $143.49. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The company has a market capitalization of $88.26 billion, a price-to-earnings ratio of 34.48, a P/E/G ratio of 2.35 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. Analysts expect that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have weighed in on EMR shares. Daiwa Securities Group dropped their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. HSBC upped their price objective on shares of Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a research note on Friday, July 17th. Barclays upped their price target on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company boosted their target price on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $167.39.

Check Out Our Latest Report on EMR

About Emerson Electric

(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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