California State Teachers Retirement System Acquires 117,915,465 Shares of Emerson Electric Co. $EMR

California State Teachers Retirement System grew its holdings in Emerson Electric Co. (NYSE:EMRFree Report) by 13,979.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,758,958 shares of the industrial products company’s stock after acquiring an additional 117,915,465 shares during the period. California State Teachers Retirement System owned about 0.21% of Emerson Electric worth $17,000,345,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Rooted Wealth Advisors Inc. raised its position in shares of Emerson Electric by 3.0% in the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after purchasing an additional 64 shares during the last quarter. Raiffeisen Bank International AG grew its position in Emerson Electric by 0.5% during the 2nd quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company’s stock worth $2,110,000 after purchasing an additional 68 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in Emerson Electric by 2.4% during the 4th 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 in the last quarter. Zhang Financial LLC raised its holdings in shares of Emerson Electric by 2.7% in the fourth 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. Finally, Root Financial Partners LLC raised 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 buying an additional 78 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the sale, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This trade 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 accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on EMR. JPMorgan Chase & Co. raised shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective on the stock in a report on Friday, July 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. KeyCorp dropped their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Evercore decreased their target price on Emerson Electric from $190.00 to $185.00 and set an “outperform” rating for the company in a report on Monday, August 31st. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $167.83.

View Our Latest Stock Analysis on Emerson Electric

Emerson Electric Trading Up 0.0%

Emerson Electric stock opened at $152.88 on Tuesday. The firm has a market cap of $85.63 billion, a PE ratio of 33.45, a P/E/G ratio of 2.29 and a beta of 1.24. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $166.35. The stock’s 50 day simple moving average is $149.54 and its two-hundred day simple moving average is $143.44. 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 (NYSE:EMRGet Free Report) last posted 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. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business’s quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm earned $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 anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued 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 yield of 1.5%. Emerson Electric’s dividend payout ratio is presently 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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