Mackenzie Financial Corp Sells 194,398 Shares of Emerson Electric Co. $EMR

Mackenzie Financial Corp reduced its holdings in Emerson Electric Co. (NYSE:EMR) by 24.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 601,740 shares of the industrial products company’s stock after selling 194,398 shares during the quarter. Mackenzie Financial Corp’s holdings in Emerson Electric were worth $78,936,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Emerson Electric by 0.4% in the third quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock valued at $7,127,132,000 after acquiring an additional 201,040 shares during the last quarter. State Street Corp grew its stake in Emerson Electric by 3.0% in the second quarter. State Street Corp now owns 27,053,019 shares of the industrial products company’s stock valued at $3,606,979,000 after purchasing an additional 784,987 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Emerson Electric by 75.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,538,402 shares of the industrial products company’s stock worth $1,671,762,000 after purchasing an additional 5,371,585 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Emerson Electric by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 12,143,357 shares of the industrial products company’s stock worth $1,610,958,000 after purchasing an additional 89,192 shares in the last quarter. Finally, Schroder Investment Management Group boosted its holdings in shares of Emerson Electric by 13.5% in the 3rd quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock valued at $945,227,000 after buying an additional 859,171 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on EMR. JPMorgan Chase & Co. boosted their target price on shares of Emerson Electric from $150.00 to $157.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Barclays boosted their price objective on shares of Emerson Electric from $135.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 7th. Morgan Stanley raised their target price on shares of Emerson Electric from $115.00 to $125.00 and gave the company an “underweight” rating in a research note on Friday, January 9th. HSBC upped their price objective on Emerson Electric from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Weiss Ratings downgraded Emerson Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, February 4th. Eleven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $164.85.

Insider Activity

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

Emerson Electric Trading Down 0.3%

Shares of NYSE:EMR opened at $139.63 on Thursday. Emerson Electric Co. has a 12-month low of $90.06 and a 12-month high of $165.15. The business has a 50 day moving average of $147.80 and a 200-day moving average of $137.90. The company has a quick ratio of 0.62, a current ratio of 0.84 and a debt-to-equity ratio of 0.37. The stock has a market cap of $78.47 billion, a PE ratio of 34.14, a P/E/G ratio of 2.23 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.05. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The business had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.37 billion. During the same period last year, the firm posted $1.38 EPS. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. 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. As a group, equities research analysts forecast that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, February 13th. Emerson Electric’s dividend payout ratio (DPR) is currently 54.28%.

About Emerson Electric

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.