OneAscent Financial Services LLC Purchases Shares of 3,926 Emerson Electric Co. $EMR

OneAscent Financial Services LLC acquired a new stake in shares of Emerson Electric Co. (NYSE:EMR) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,926 shares of the industrial products company’s stock, valued at approximately $562,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric during the fourth quarter worth approximately $25,000. Allied Private Wealth LLC acquired a new position in shares of Emerson Electric in the 2nd quarter worth approximately $27,000. IFC & Insurance Marketing Inc. bought a new stake in Emerson Electric during the 4th quarter worth approximately $27,000. Motiv8 Investments LLC acquired a new stake in Emerson Electric during the 4th quarter valued at $27,000. Finally, MidFirst Bank bought a new position in Emerson Electric in the 2nd quarter valued at $31,000. 74.30% of the stock is owned by institutional investors.

Emerson Electric Stock Down 1.7%

Shares of NYSE EMR opened at $154.93 on Friday. 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 market capitalization of $86.78 billion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24. The firm’s 50-day moving average is $147.76 and its 200-day moving average is $143.36. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.03. The business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric’s revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the business 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. Equities analysts expect that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be paid a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. Emerson Electric’s payout ratio is 48.58%.

Analyst Upgrades and Downgrades

EMR has been the topic of several research analyst reports. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a report on Friday, July 17th. Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Citigroup raised their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. DA Davidson initiated coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price target on the stock. Finally, Rothschild & Co Redburn boosted their price objective on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $166.96.

Insider Buying and Selling

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was 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 in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric 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.