New England Research & Management Inc. Sells 8,743 Shares of Emerson Electric Co. $EMR

New England Research & Management Inc. lowered its position in Emerson Electric Co. (NYSE:EMR) by 50.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 8,645 shares of the industrial products company’s stock after selling 8,743 shares during the quarter. New England Research & Management Inc.’s holdings in Emerson Electric were worth $1,341,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in EMR. Forvis Mazars Wealth Advisors LLC grew its holdings in Emerson Electric by 0.6% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 12,044 shares of the industrial products company’s stock worth $1,868,000 after buying an additional 67 shares in the last quarter. Raiffeisen Bank International AG raised its stake 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 valued at $2,110,000 after acquiring an additional 68 shares in the last quarter. Sapient Capital LLC raised its stake in Emerson Electric by 1.6% during the 3rd quarter. Sapient Capital LLC now owns 4,850 shares of the industrial products company’s stock valued at $752,000 after acquiring an additional 76 shares in the last quarter. Providence Wealth Advisors LLC boosted its position in Emerson Electric by 0.8% during the 1st quarter. Providence Wealth Advisors LLC now owns 10,064 shares of the industrial products company’s stock worth $1,323,000 after acquiring an additional 79 shares during the period. Finally, Waverly Advisors LLC grew its stake in shares of Emerson Electric by 0.3% in the first quarter. Waverly Advisors LLC now owns 29,815 shares of the industrial products company’s stock worth $3,906,000 after purchasing an additional 79 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Price Performance

EMR traded down $0.74 during trading on Friday, reaching $161.41. The stock had a trading volume of 3,425,358 shares, compared to its average volume of 2,642,942. The stock has a 50 day moving average of $156.30 and a two-hundred day moving average of $146.76. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $90.41 billion, a price-to-earnings ratio of 35.32, a price-to-earnings-growth ratio of 2.24 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.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings results 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 company had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same period last year, the firm earned $1.52 EPS. The firm’s revenue for the quarter 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. As a group, equities analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Emerson Electric from $169.00 to $184.00 and gave the company an “overweight” rating in a report on Friday, October 9th. Stephens upped their price objective on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. BNP Paribas Exane increased their target price on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Morgan Stanley increased their target price on shares of Emerson Electric from $125.00 to $135.00 and gave the company an “underweight” rating in a research report on Friday, August 28th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Emerson Electric presently has an average rating of “Moderate Buy” and an average price target of $171.75.

Insider Transactions at Emerson Electric

In other Emerson Electric 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 value of $1,562,431.50. Following the sale, the chief executive officer directly owned 271,743 shares in the company, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.23% of the stock is currently owned by insiders.

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.