Ameriprise Financial Inc. Acquires 2,075,425 Shares of Emerson Electric Co. $EMR

Ameriprise Financial Inc. lifted its holdings in Emerson Electric Co. (NYSE:EMRFree Report) by 185.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,192,982 shares of the industrial products company’s stock after buying an additional 2,075,425 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.57% of Emerson Electric worth $418,730,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of EMR. Brighton Jones LLC increased its stake in Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock worth $1,412,000 after purchasing an additional 4,850 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Emerson Electric during the first quarter valued at $232,000. Caxton Associates LLP bought a new position in shares of Emerson Electric in the first quarter worth about $275,000. Sivia Capital Partners LLC purchased a new position in Emerson Electric in the 2nd quarter worth about $203,000. Finally, Massachusetts Financial Services Co. MA lifted its holdings in Emerson Electric by 12.4% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,210,059 shares of the industrial products company’s stock valued at $294,667,000 after buying an additional 243,606 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Price Performance

NYSE EMR opened at $132.26 on Monday. The company has a market cap of $74.33 billion, a PE ratio of 32.34, a P/E/G ratio of 2.10 and a beta of 1.24. The firm’s 50 day moving average price is $147.72 and its 200-day moving average price is $137.93. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.62 and a current ratio of 0.84. Emerson Electric Co. has a 52-week low of $90.06 and a 52-week high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.05. The company had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.37 billion. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. Emerson Electric’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. Sell-side analysts forecast that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 13th were paid a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Friday, February 13th. Emerson Electric’s dividend payout ratio is 54.28%.

Insider Activity at Emerson Electric

In other news, VP Nicholas J. Piazza sold 6,703 shares of the firm’s stock in a transaction dated 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 sale, the vice president directly owned 31,664 shares in the company, valued at approximately $5,036,792.48. This trade represents a 17.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of Emerson Electric stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the completion of the transaction, the chief executive officer directly owned 281,393 shares in the company, valued at approximately $40,047,851.76. The trade was a 1.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 13,879 shares of company stock valued at $2,116,818 over the last quarter. 0.23% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Daiwa Securities Group upped their target price on shares of Emerson Electric from $153.00 to $177.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Robert W. Baird boosted their price target on Emerson Electric from $143.00 to $164.00 and gave the company a “neutral” rating in a report on Friday, January 16th. KeyCorp increased their price objective on Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Royal Bank Of Canada raised their price objective on Emerson Electric from $153.00 to $176.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Finally, Morgan Stanley upped their target price on Emerson Electric from $115.00 to $125.00 and gave the stock an “underweight” rating in a report on Friday, January 9th. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $164.85.

Check Out Our Latest Research Report on EMR

Emerson Electric Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.