Uptick Partners LLC bought a new stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,555 shares of the industrial products company’s stock, valued at approximately $509,000.
A number of other hedge funds also recently modified their holdings of the business. BlackRock Inc. purchased a new position in shares of Emerson Electric during the second quarter valued at $6,193,425,000. Norges Bank purchased a new stake in Emerson Electric in the 4th quarter worth about $1,050,040,000. Bank of New York Mellon Corp acquired a new stake in Emerson Electric during the 2nd quarter worth about $659,000,000. Bank of America Corp DE boosted its position in Emerson Electric by 13.1% during the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after acquiring an additional 2,302,055 shares during the period. Finally, Deutsche Bank AG purchased a new position in Emerson Electric during the 2nd quarter valued at about $211,212,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Insider Activity
In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction on 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 sale, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.23% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on EMR
Emerson Electric Stock Down 0.1%
Shares of Emerson Electric stock opened at $157.60 on Thursday. The firm has a market cap of $88.27 billion, a price-to-earnings ratio of 34.49, a P/E/G ratio of 2.35 and a beta of 1.24. The stock has a 50-day simple moving average of $147.50 and a 200-day simple moving average of $143.31. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66.
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm’s revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.52 earnings per share. 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, equities research analysts expect that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.555 per share. The ex-dividend date is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.
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.
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