Mondrian Investment Partners LTD Sells 27,280 Shares of Emerson Electric Co. $EMR

Mondrian Investment Partners LTD decreased its stake in Emerson Electric Co. (NYSE:EMR) by 15.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 151,504 shares of the industrial products company’s stock after selling 27,280 shares during the quarter. Mondrian Investment Partners LTD’s holdings in Emerson Electric were worth $23,498,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of Emerson Electric in the second quarter worth $6,193,425,000. State Street Corp raised its holdings in shares of Emerson Electric by 1.5% during the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock worth $3,962,177,000 after acquiring an additional 403,957 shares in the last quarter. Bank of America Corp DE acquired a new stake in Emerson Electric during the second quarter valued at $2,629,146,000. ABS Investment Management LLC acquired a new stake in Emerson Electric during the second quarter valued at $858,900,000. Finally, Bank of New York Mellon Corp grew its stake in Emerson Electric by 1.9% in the first quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock valued at $827,478,000 after purchasing an additional 117,513 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Trading Up 0.9%

Shares of NYSE:EMR opened at $161.74 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 stock has a market capitalization of $90.59 billion, a PE ratio of 35.39, a P/E/G ratio of 2.22 and a beta of 1.21. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The firm has a fifty day moving average price of $156.14 and a 200 day moving average price of $147.85.

Emerson Electric (NYSE:EMR) last posted its earnings results 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. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same period last year, the company earned $1.52 earnings per share. The business’s revenue was up .0% compared to the same quarter last year. 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. Analysts expect that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a dividend of $0.5550 per share. The ex-dividend date of this dividend was 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 is currently 48.58%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on EMR. Royal Bank Of Canada raised their price target on Emerson Electric from $179.00 to $188.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 14th. JPMorgan Chase & Co. increased their price objective on Emerson Electric from $169.00 to $184.00 and gave the stock an “overweight” rating in a report on Friday, October 9th. Rothschild & Co Redburn increased their price objective on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Wells Fargo & Company assumed coverage on shares of Emerson Electric in a research report on Friday, September 25th. They set an “overweight” rating and a $177.00 price objective on the stock. Finally, Evercore reduced their target price on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $172.17.

Emerson Electric Company Profile

Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.