Emerson Electric Co. $EMR Shares Bought by Legal & General Group Plc

Legal & General Group Plc grew its stake in shares of Emerson Electric Co. (NYSE:EMR) by 11.9% during the third quarter, Holdings Channel reports. The institutional investor owned 4,030,406 shares of the industrial products company’s stock after acquiring an additional 429,888 shares during the period. Legal & General Group Plc’s holdings in Emerson Electric were worth $528,709,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Darwin Wealth Management LLC acquired a new stake in shares of Emerson Electric in the second quarter worth $29,000. Winnow Wealth LLC acquired a new position in Emerson Electric during the second quarter valued at $34,000. Traub Capital Management LLC purchased a new stake in Emerson Electric in the 2nd quarter worth about $37,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Emerson Electric during the 2nd quarter worth about $39,000. Finally, Financial Consulate Inc. purchased a new position in Emerson Electric during the 3rd quarter valued at about $41,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Price Performance

NYSE EMR opened at $140.34 on Wednesday. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $165.15. The company has a fifty day simple moving average of $147.67 and a 200 day simple moving average of $137.89. The company has a current ratio of 0.84, a quick ratio of 0.62 and a debt-to-equity ratio of 0.37. The company has a market cap of $78.87 billion, a P/E ratio of 34.31, a P/E/G ratio of 2.25 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.41 by $0.05. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter last year, the firm posted $1.38 EPS. The business’s quarterly revenue was up 4.1% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. On average, sell-side analysts predict that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 13th were given a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, February 13th. Emerson Electric’s payout ratio is currently 54.28%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on EMR. Rothschild & Co Redburn upped their target price on Emerson Electric from $154.00 to $165.00 and gave the company a “buy” rating in a report on Monday, February 9th. Wolfe Research dropped their price objective on shares of Emerson Electric from $177.00 to $176.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Barclays lifted their target price on shares of Emerson Electric from $135.00 to $145.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Oppenheimer restated a “market perform” rating on shares of Emerson Electric in a report on Tuesday, January 27th. Finally, Morgan Stanley increased their price objective on Emerson Electric from $115.00 to $125.00 and gave the stock an “underweight” rating in a report on Friday, January 9th. Eleven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Emerson Electric currently has a consensus rating of “Hold” and a consensus target price of $164.85.

Insider Buying and Selling

In other Emerson Electric news, VP Nicholas J. Piazza sold 6,703 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $159.07, for a total value of $1,066,246.21. Following the sale, the vice president directly owned 31,664 shares in the company, valued at $5,036,792.48. This trade represents a 17.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Matthew S. Levatich sold 1,476 shares of Emerson Electric stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total transaction of $239,348.16. Following the sale, the director owned 24,349 shares in the company, valued at $3,948,433.84. This represents a 5.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.23% of the company’s stock.

Emerson Electric Company Profile

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.