161,869 Shares in Emerson Electric Co. $EMR Acquired by Glenview Trust Co

Glenview Trust Co purchased a new stake in Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 161,869 shares of the industrial products company’s stock, valued at approximately $23,172,000.

Several other hedge funds have also recently bought and sold shares of the stock. Basso Capital Management L.P. bought a new position in shares of Emerson Electric during the fourth quarter valued at $25,000. Allied Private Wealth LLC bought a new stake in shares of Emerson Electric in the 2nd quarter worth about $27,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Emerson Electric during the 4th quarter worth about $27,000. Motiv8 Investments LLC bought a new position in Emerson Electric during the 4th quarter valued at about $27,000. Finally, Darwin Wealth Management LLC acquired a new position in Emerson Electric in the second quarter valued at about $29,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Stock Performance

Shares of Emerson Electric stock opened at $157.58 on Friday. The firm has a 50 day simple moving average of $148.70 and a 200 day simple moving average of $143.49. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two 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. The firm has a market cap of $88.26 billion, a P/E ratio of 34.48, a P/E/G ratio of 2.35 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The business’s quarterly revenue was up .0% compared to the same quarter last year. During the same period last year, the company earned $1.52 EPS. 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. Sell-side analysts predict that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. BMO Capital Markets raised their price objective on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. DA Davidson boosted their target price on Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a report on Monday. BNP Paribas Exane raised their price target on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Finally, Citigroup boosted their price objective on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and an average target price of $167.39.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

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.