Florida Trust Wealth Management Co lessened its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 4.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 125,831 shares of the industrial products company’s stock after selling 6,362 shares during the period. Florida Trust Wealth Management Co’s holdings in Emerson Electric were worth $16,507,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of EMR. Impact Capital Partners LLC increased its position in Emerson Electric by 3.9% during the second quarter. Impact Capital Partners LLC now owns 1,909 shares of the industrial products company’s stock worth $255,000 after buying an additional 71 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in shares of Emerson Electric by 1.7% during the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,338 shares of the industrial products company’s stock valued at $578,000 after acquiring an additional 71 shares during the last quarter. Jag Capital Management LLC increased its position in Emerson Electric by 1.9% during the 2nd quarter. Jag Capital Management LLC now owns 3,954 shares of the industrial products company’s stock worth $527,000 after purchasing an additional 72 shares in the last quarter. Beacon Financial Advisory LLC raised its stake in Emerson Electric by 2.9% in the 2nd quarter. Beacon Financial Advisory LLC now owns 2,769 shares of the industrial products company’s stock valued at $369,000 after purchasing an additional 77 shares during the last quarter. Finally, Revolve Wealth Partners LLC lifted its holdings in Emerson Electric by 3.5% in the 3rd quarter. Revolve Wealth Partners LLC now owns 2,308 shares of the industrial products company’s stock valued at $303,000 after purchasing an additional 79 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
EMR has been the subject of a number of analyst reports. Royal Bank Of Canada cut their price objective on shares of Emerson Electric from $155.00 to $153.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Barclays boosted their price target on Emerson Electric from $135.00 to $145.00 and gave the company an “equal weight” rating in a report on Wednesday, January 7th. Morgan Stanley raised their price objective on Emerson Electric from $115.00 to $125.00 and gave the stock an “underweight” rating in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft upped their target price on Emerson Electric from $157.00 to $159.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Finally, Jefferies Financial Group raised their price target on Emerson Electric from $145.00 to $150.00 and gave the stock a “hold” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $154.76.
Insider Buying and Selling
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $133.00, for a total value of $965,979.00. Following the transaction, the chief executive officer directly owned 196,292 shares of the company’s stock, valued at $26,106,836. This trade represents a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.23% of the stock is owned by company insiders.
Emerson Electric Stock Performance
Emerson Electric stock opened at $149.47 on Monday. The company has a market cap of $84.05 billion, a price-to-earnings ratio of 37.00, a price-to-earnings-growth ratio of 2.42 and a beta of 1.26. Emerson Electric Co. has a 12 month low of $90.06 and a 12 month high of $151.34. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.88 and a quick ratio of 0.65. The stock’s 50-day moving average is $135.41 and its 200-day moving average is $135.23.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its earnings results on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.62. The firm had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.91 billion. Emerson Electric had a net margin of 12.73% and a return on equity of 15.87%. The company’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current year.
Emerson Electric Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were given a dividend of $0.555 per share. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. Emerson Electric’s dividend payout ratio is currently 54.95%.
Emerson Electric declared that its board has approved a stock repurchase program on Wednesday, November 5th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the industrial products company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.
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.
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