Bowen Hanes & Co. Inc. Sells 3,910 Shares of Emerson Electric Co. $EMR

Bowen Hanes & Co. Inc. lessened its position in Emerson Electric Co. (NYSE:EMR) by 13.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,195 shares of the industrial products company’s stock after selling 3,910 shares during the period. Bowen Hanes & Co. Inc.’s holdings in Emerson Electric were worth $3,174,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in shares of Emerson Electric in the 2nd quarter worth $29,000. Winnow Wealth LLC purchased a new stake in shares of Emerson Electric during the second quarter valued at $34,000. Traub Capital Management LLC purchased a new position in Emerson Electric in the 2nd quarter worth about $37,000. Twin Peaks Wealth Advisors LLC bought a new position in Emerson Electric during the 2nd quarter valued at about $39,000. Finally, Financial Consulate Inc. purchased a new stake in shares of Emerson Electric during the 3rd quarter valued at about $41,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, VP Nicholas J. Piazza sold 6,703 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the sale, the vice president directly owned 31,664 shares of the company’s stock, valued at $5,036,792.48. This trade represents a 17.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the 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 sale, the chief executive officer owned 196,292 shares of the company’s stock, valued at $26,106,836. This represents a 3.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 15,442 shares of company stock valued at $2,271,573 over the last ninety days. 0.23% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on EMR shares. Deutsche Bank Aktiengesellschaft cut shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $170.00 price objective for the company. in a report on Thursday, February 5th. Stephens increased their price target on Emerson Electric from $145.00 to $155.00 and gave the company an “equal weight” rating in a report on Monday, February 9th. HSBC lifted their price objective on Emerson Electric from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Daiwa Securities Group increased their target price on Emerson Electric from $153.00 to $177.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Finally, Loop Capital boosted their price target on Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Eleven 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. According to data from MarketBeat, Emerson Electric has a consensus rating of “Hold” and an average price target of $164.90.

Emerson Electric Stock Performance

Shares of EMR opened at $148.72 on Friday. Emerson Electric Co. has a 52 week low of $90.06 and a 52 week high of $165.15. The company has a quick ratio of 0.62, a current ratio of 0.84 and a debt-to-equity ratio of 0.37. The stock has a market cap of $83.58 billion, a price-to-earnings ratio of 36.36, a PEG ratio of 2.36 and a beta of 1.26. The business has a 50-day simple moving average of $144.92 and a two-hundred day simple moving average of $136.71.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.05. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The company had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same period in the previous year, the company posted $1.38 EPS. The firm’s revenue was up 4.1% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. On average, analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric announced that its Board of Directors has approved a stock repurchase program on Wednesday, November 5th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the industrial products company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Friday, February 13th will be issued a $0.555 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.22 annualized dividend and a yield of 1.5%. Emerson Electric’s dividend payout ratio is currently 54.28%.

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.