15,577 Shares in Emerson Electric Co. $EMR Bought by NBT Bank N.A.

NBT Bank N.A. purchased a new position in shares of Emerson Electric Co. (NYSE:EMR) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 15,577 shares of the industrial products company’s stock, valued at approximately $2,416,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EMR. BlackRock Inc. bought a new stake in shares of Emerson Electric in the second quarter worth $6,193,425,000. State Street Corp boosted its holdings in Emerson Electric by 1.5% during the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock worth $3,962,177,000 after purchasing an additional 403,957 shares during the last quarter. Bank of America Corp DE grew its position 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 valued at $2,612,780,000 after purchasing an additional 2,302,055 shares in the last quarter. Bank of New York Mellon Corp grew its position in Emerson Electric by 1.9% in the first quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock valued at $827,478,000 after purchasing an additional 117,513 shares in the last quarter. Finally, Legal & General Group Plc acquired a new stake in Emerson Electric in the 2nd quarter valued at $613,846,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Emerson Electric

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric 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 completion of the transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is currently owned by company insiders.

Emerson Electric Price Performance

NYSE:EMR opened at $160.15 on Friday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm has a fifty day simple moving average of $156.16 and a 200 day simple moving average of $147.75. The stock has a market capitalization of $89.70 billion, a PE ratio of 25.77, a P/E/G ratio of 2.24 and a beta of 1.21.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the previous year, the company earned $1.52 earnings per share. 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. On average, research analysts expect that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have commented on EMR shares. JPMorgan Chase & Co. boosted their price target on shares of Emerson Electric from $169.00 to $184.00 and gave the stock an “overweight” rating in a research report on Friday, October 9th. Morgan Stanley raised their price objective on Emerson Electric from $135.00 to $145.00 and gave the company an “underweight” rating in a report on Monday. Mizuho lifted their target price on Emerson Electric from $173.00 to $180.00 and gave the company an “outperform” rating in a research report on Thursday, October 15th. Weiss Ratings raised Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, Evercore dropped their target price on Emerson Electric from $190.00 to $185.00 and set an “outperform” rating on the stock in a report on Monday, August 31st. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and a consensus price target of $172.17.

About Emerson Electric

Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.