Emerson Electric Co. $EMR Stock Bought by Cantor Fitzgerald Investment Advisors L.P.

Cantor Fitzgerald Investment Advisors L.P. raised its holdings in Emerson Electric Co. (NYSE:EMR) by 2.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 146,450 shares of the industrial products company’s stock after buying an additional 3,328 shares during the period. Emerson Electric comprises approximately 1.2% of Cantor Fitzgerald Investment Advisors L.P.’s investment portfolio, making the stock its 16th biggest holding. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Emerson Electric were worth $22,714,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in Emerson Electric in the 2nd quarter valued at about $6,193,425,000. State Street Corp grew its stake in shares of Emerson Electric by 1.5% in the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock valued at $3,962,177,000 after acquiring an additional 403,957 shares in the last quarter. Bank of America Corp DE boosted its holdings in Emerson Electric by 13.1% in the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock valued at $2,612,780,000 after purchasing an additional 2,302,055 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Emerson Electric by 1.9% during the first quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock worth $827,478,000 after purchasing an additional 117,513 shares during the period. Finally, Legal & General Group Plc bought a new stake in shares of Emerson Electric in the second quarter valued at approximately $613,846,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

EMR has been the topic of several analyst reports. DA Davidson increased their price target on shares of Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, August 24th. JPMorgan Chase & Co. boosted their price target on Emerson Electric from $169.00 to $184.00 and gave the stock an “overweight” rating in a report on Friday, October 9th. HSBC upped their price target on Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, BNP Paribas Exane lifted their price target on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Emerson Electric has a consensus rating of “Moderate Buy” and an average price target of $171.75.

Emerson Electric Stock Performance

Shares of EMR opened at $162.20 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The firm has a market cap of $90.85 billion, a PE ratio of 35.49, a PEG ratio of 2.22 and a beta of 1.21. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The stock’s fifty day moving average price is $156.24 and its two-hundred day moving average price is $146.65.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter last year, the company earned $1.52 EPS. The firm’s 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. On average, equities research analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were given a dividend of $0.5550 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s dividend payout ratio is presently 48.58%.

Insider Activity

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the business’s stock in a transaction dated 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. 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 available through this hyperlink. Company insiders own 0.23% of the company’s stock.

Emerson Electric Profile

Emerson Electric Co is a global technology and engineering company that provides products, software and services for industrial, commercial and residential applications. Its offerings help customers automate processes, measure and control operations, improve equipment performance, and manage complex industrial systems.

The company’s portfolio includes process-control and automation systems, industrial software, measurement and analytical instruments, control valves, regulators, electrical equipment, and related services.