Oakmont Investment Advisors Inc. Buys New Shares in Emerson Electric Co. $EMR

Oakmont Investment Advisors Inc. bought a new position in shares of Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, Holdings Channel.com reports. The firm bought 15,863 shares of the industrial products company’s stock, valued at approximately $2,271,000. Emerson Electric makes up 1.6% of Oakmont Investment Advisors Inc.’s investment portfolio, making the stock its 16th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EMR. BlackRock Inc. purchased a new position in shares of Emerson Electric during the 2nd quarter worth about $6,193,425,000. Bank of America Corp DE purchased a new stake in Emerson Electric in the second quarter valued at approximately $2,629,146,000. Norges Bank acquired a new position in Emerson Electric during the fourth quarter worth approximately $1,050,040,000. Bank of New York Mellon Corp purchased a new position in Emerson Electric during the second quarter worth approximately $659,000,000. Finally, Legal & General Group Plc acquired a new position in shares of Emerson Electric in the 2nd quarter valued at $613,846,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analysts Set New Price Targets

EMR has been the subject of a number of research analyst reports. Rothschild & Co Redburn upped their price objective on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. KeyCorp reduced their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Sanford C. Bernstein boosted their price target on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Royal Bank Of Canada upped their price target on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, DA Davidson lifted their price objective on Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, August 24th. 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $167.83.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the sale, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.23% of the company’s stock.

Emerson Electric Stock Performance

Shares of EMR stock opened at $152.88 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 company has a market cap of $85.63 billion, a PE ratio of 33.45, a P/E/G ratio of 2.25 and a beta of 1.24. The company’s fifty day simple moving average is $149.35 and its 200-day simple moving average is $143.45. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the prior year, the company earned $1.52 EPS. The firm’s revenue was up .0% on a year-over-year basis. 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. As a group, equities research analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be paid a $0.555 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

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.