Odyssean LLC Increases Stock Position in Emerson Electric Co. $EMR

Odyssean LLC raised its position in Emerson Electric Co. (NYSE:EMR) by 250.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,246 shares of the industrial products company’s stock after acquiring an additional 4,465 shares during the quarter. Odyssean LLC’s holdings in Emerson Electric were worth $894,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of EMR. BlackRock Inc. purchased a new stake in Emerson Electric in the second quarter worth $6,193,425,000. Norges Bank purchased a new position in shares of Emerson Electric in the 4th quarter valued at approximately $1,050,040,000. Bank of New York Mellon Corp bought a new stake in shares of Emerson Electric during the second quarter valued at approximately $659,000,000. Legal & General Group Plc purchased a new stake in Emerson Electric in the second quarter worth $613,846,000. Finally, Bank of America Corp DE raised its holdings in 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 in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Up 1.8%

Shares of NYSE EMR opened at $152.88 on Friday. The firm’s 50 day moving average price is $149.35 and its 200-day moving average price is $143.45. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The company has a market cap of $85.63 billion, a PE ratio of 33.45, a P/E/G ratio of 2.25 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) 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 business had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the prior year, the firm posted $1.52 EPS. The firm’s quarterly 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. On average, equities research analysts expect that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently declared 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 is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. Emerson Electric’s payout ratio is currently 48.58%.

Insider Buying and Selling at Emerson Electric

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction 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 represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is owned by insiders.

Wall Street Analyst Weigh In

EMR has been the topic of a number of research reports. BMO Capital Markets boosted their target price on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Royal Bank Of Canada lifted their price target on shares of Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. HSBC upped their price objective on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Sanford C. Bernstein raised their target price on shares of Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and an average target price of $167.83.

Emerson Electric Profile

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.