Gotham Asset Management LLC Buys 74,864 Shares of Emerson Electric Co. $EMR

Gotham Asset Management LLC raised its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 49.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 226,226 shares of the industrial products company’s stock after buying an additional 74,864 shares during the quarter. Gotham Asset Management LLC’s holdings in Emerson Electric were worth $29,676,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of EMR. Brighton Jones LLC grew its position in shares of Emerson Electric by 74.1% in the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock worth $1,412,000 after buying an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Emerson Electric during the first quarter valued at approximately $232,000. Caxton Associates LLP acquired a new stake in Emerson Electric in the first quarter valued at approximately $275,000. Sivia Capital Partners LLC purchased a new position in Emerson Electric in the second quarter worth $203,000. Finally, Creative Planning increased its position in shares of Emerson Electric by 1.5% during the second quarter. Creative Planning now owns 211,493 shares of the industrial products company’s stock worth $28,198,000 after purchasing an additional 3,101 shares in the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Trading Up 0.6%

Shares of NYSE:EMR opened at $133.07 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.84 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 52-week low of $90.06 and a 52-week high of $165.15. The stock has a market cap of $74.78 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 2.10 and a beta of 1.24. The business has a 50-day moving average price of $147.52 and a 200-day moving average price of $137.91.

Emerson Electric (NYSE:EMRGet Free Report) last issued 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 net margin of 12.72% and a return on equity of 17.25%. The company had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the prior year, the company earned $1.38 EPS. Emerson Electric’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. Equities analysts predict that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 13th were issued a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, February 13th. Emerson Electric’s dividend payout ratio (DPR) is 54.28%.

Insider Activity at Emerson Electric

In other news, VP Nicholas J. Piazza sold 6,703 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $159.07, for a total value of $1,066,246.21. Following the completion of the transaction, the vice president owned 31,664 shares of the company’s stock, valued at $5,036,792.48. The trade was a 17.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Matthew S. Levatich sold 1,476 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was 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 in the company, valued at $3,948,433.84. The trade was a 5.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,879 shares of company stock worth $2,116,818 over the last three months. Company insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

EMR has been the subject of a number of recent analyst reports. Citigroup raised their price objective on Emerson Electric from $165.00 to $174.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Daiwa Securities Group increased their price target on Emerson Electric from $153.00 to $177.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Loop Capital boosted their price target on Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Weiss Ratings lowered shares of Emerson Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, February 4th. Finally, TD Cowen cut shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $150.00 target price for the company. in a research note on Friday, January 9th. Eleven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Emerson Electric has an average rating of “Hold” and an average target price of $164.85.

Get Our Latest Stock Report on EMR

About Emerson Electric

(Free Report)

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.

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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