Barclays PLC trimmed its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 16.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 919,120 shares of the industrial products company’s stock after selling 179,212 shares during the quarter. Barclays PLC owned 0.16% of Emerson Electric worth $120,570,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also modified their holdings of EMR. Perennial Investment Advisors LLC lifted its position in shares of Emerson Electric by 6.8% during the 3rd quarter. Perennial Investment Advisors LLC now owns 1,919 shares of the industrial products company’s stock worth $252,000 after buying an additional 123 shares during the period. Crossmark Global Holdings Inc. grew its position in Emerson Electric by 9.3% in the third quarter. Crossmark Global Holdings Inc. now owns 163,245 shares of the industrial products company’s stock valued at $21,415,000 after acquiring an additional 13,868 shares during the period. Advisory Alpha LLC raised its stake in Emerson Electric by 37.0% during the third quarter. Advisory Alpha LLC now owns 4,647 shares of the industrial products company’s stock worth $618,000 after acquiring an additional 1,254 shares in the last quarter. IFG Advisory LLC lifted its holdings in shares of Emerson Electric by 7.2% during the third quarter. IFG Advisory LLC now owns 7,114 shares of the industrial products company’s stock valued at $933,000 after acquiring an additional 475 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Emerson Electric by 11.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,666,882 shares of the industrial products company’s stock valued at $480,949,000 after purchasing an additional 373,778 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Emerson Electric
In other news, Director Matthew S. Levatich sold 1,476 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total transaction of $239,348.16. Following the completion of the sale, the director owned 24,349 shares in the company, valued at $3,948,433.84. The trade was a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Nicholas J. Piazza sold 6,703 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $159.07, for a total value of $1,066,246.21. Following the transaction, the vice president directly owned 31,664 shares in the company, valued at $5,036,792.48. This trade represents a 17.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.23% of the stock is currently owned by company insiders.
Emerson Electric Trading Down 2.6%
Emerson Electric (NYSE:EMR – Get Free Report) last announced its earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.05. The company had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.37 billion. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. Emerson Electric’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.38 earnings per share. 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. As a group, equities analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.
Emerson Electric Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th will be given a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Friday, February 13th. Emerson Electric’s dividend payout ratio (DPR) is presently 54.28%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on EMR shares. Loop Capital increased their target price on shares of Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Oppenheimer reaffirmed a “market perform” rating on shares of Emerson Electric in a research note on Tuesday, January 27th. Royal Bank Of Canada raised their price objective on shares of Emerson Electric from $153.00 to $176.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. KeyCorp lifted their target price on shares of Emerson Electric from $155.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Finally, Jefferies Financial Group increased their price target on Emerson Electric from $150.00 to $160.00 and gave the stock a “hold” rating in a research report on Thursday, February 5th. Eleven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Emerson Electric currently has an average rating of “Hold” and an average target price of $164.85.
View Our Latest Research Report on Emerson Electric
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.
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