Eastern Bank Has $60.63 Million Stake in Emerson Electric Co. $EMR

Eastern Bank lifted its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 1.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 462,158 shares of the industrial products company’s stock after purchasing an additional 7,064 shares during the quarter. Emerson Electric accounts for about 1.1% of Eastern Bank’s portfolio, making the stock its 28th biggest position. Eastern Bank owned about 0.08% of Emerson Electric worth $60,626,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC boosted its holdings in shares of Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after buying an additional 4,850 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in Emerson Electric in the 1st quarter worth $232,000. Caxton Associates LLP bought a new position in Emerson Electric during the 1st quarter worth about $275,000. Apella Capital LLC raised its stake in shares of Emerson Electric by 93.5% in the 2nd quarter. Apella Capital LLC now owns 9,972 shares of the industrial products company’s stock valued at $1,380,000 after purchasing an additional 4,818 shares during the period. Finally, Canandaigua National Bank & Trust Co. lifted its holdings in shares of Emerson Electric by 14.8% in the second quarter. Canandaigua National Bank & Trust Co. now owns 12,571 shares of the industrial products company’s stock valued at $1,676,000 after purchasing an additional 1,622 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Emerson Electric in a report on Wednesday, October 8th. Daiwa Capital Markets raised their price target on shares of Emerson Electric from $150.00 to $153.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 24th. Wells Fargo & Company boosted their price objective on shares of Emerson Electric from $140.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 7th. UBS Group raised shares of Emerson Electric from a “neutral” rating to a “buy” rating and raised their target price for the company from $131.00 to $168.00 in a research report on Monday, January 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Emerson Electric from $157.00 to $159.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.06.

Insider Activity at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of Emerson Electric stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $133.00, for a total transaction of $965,979.00. Following the completion of the transaction, the chief executive officer directly owned 196,292 shares in the company, valued at approximately $26,106,836. The trade was a 3.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Stock Performance

NYSE EMR opened at $146.33 on Wednesday. The firm has a market capitalization of $82.28 billion, a P/E ratio of 36.22, a price-to-earnings-growth ratio of 2.36 and a beta of 1.26. The company has a current ratio of 0.88, a quick ratio of 0.65 and a debt-to-equity ratio of 0.41. The firm’s fifty day moving average price is $134.37 and its two-hundred day moving average price is $134.96. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $150.27.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share for the quarter, hitting the consensus estimate of $1.62. The company had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.91 billion. Emerson Electric had a net margin of 12.73% and a return on equity of 15.87%. Emerson Electric’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.48 EPS. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. As a group, research analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were paid a $0.555 dividend. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.22 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, November 14th. Emerson Electric’s dividend payout ratio is currently 54.95%.

Emerson Electric declared that its board has approved a stock buyback plan on Wednesday, November 5th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the industrial products company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.

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.