Emerson Electric Co. $EMR Stock Sold by Perpetual Ltd

Perpetual Ltd lessened its holdings in Emerson Electric Co. (NYSE:EMR) by 99.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,573 shares of the industrial products company’s stock after selling 642,248 shares during the period. Perpetual Ltd’s holdings in Emerson Electric were worth $244,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Emerson Electric during the second quarter valued at approximately $6,193,425,000. State Street Corp raised its holdings in shares of Emerson Electric by 1.5% in the 2nd quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock worth $3,962,177,000 after buying an additional 403,957 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Emerson Electric during the 2nd quarter worth approximately $2,629,146,000. ABS Investment Management LLC bought a new position in shares of Emerson Electric during the 2nd quarter worth approximately $858,900,000. Finally, Bank of New York Mellon Corp lifted its position in shares of Emerson Electric by 1.9% during the 1st 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 buying an additional 117,513 shares during the period. Institutional investors own 74.30% of the company’s stock.

Insider Buying and Selling at Emerson Electric

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.23% of the company’s stock.

Emerson Electric Stock Up 0.7%

NYSE EMR opened at $162.20 on Friday. The stock’s 50 day simple moving average is $156.24 and its 200 day simple moving average is $146.65. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. The firm has a market cap of $90.85 billion, a PE ratio of 35.49, a price-to-earnings-growth ratio of 2.22 and a beta of 1.21. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66.

Emerson Electric (NYSE:EMR) last issued 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 firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the previous year, the company posted $1.52 EPS. The business’s revenue for the quarter 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. As a group, sell-side analysts forecast that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were paid a $0.5550 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

Analyst Upgrades and Downgrades

EMR has been the subject of several recent analyst reports. Morgan Stanley increased their price objective on Emerson Electric from $125.00 to $135.00 and gave the stock an “underweight” rating in a research note on Friday, August 28th. Mizuho upped their target price on shares of Emerson Electric from $173.00 to $180.00 and gave the stock an “outperform” rating in a report on Thursday. TD Cowen upped their target price on shares of Emerson Electric from $150.00 to $170.00 and gave the stock a “hold” rating in a report on Friday, September 25th. Sanford C. Bernstein increased their target price on shares of Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Finally, HSBC lifted their price target on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $171.75.

About Emerson Electric

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.