Florida Trust Wealth Management Co Lowers Stake in Emerson Electric Co. $EMR

Florida Trust Wealth Management Co decreased its position in Emerson Electric Co. (NYSE:EMRFree Report) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,143 shares of the industrial products company’s stock after selling 6,688 shares during the quarter. Florida Trust Wealth Management Co’s holdings in Emerson Electric were worth $15,813,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Cornell Pochily Investment Advisors Inc. raised its holdings in shares of Emerson Electric by 0.3% in the 4th quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock valued at $3,883,000 after buying an additional 76 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Emerson Electric by 3.5% during the 3rd quarter. Revolve Wealth Partners LLC now owns 2,308 shares of the industrial products company’s stock valued at $303,000 after acquiring an additional 79 shares during the period. Atlas Legacy Advisors LLC grew its position in Emerson Electric by 2.1% in the 3rd quarter. Atlas Legacy Advisors LLC now owns 3,921 shares of the industrial products company’s stock valued at $514,000 after acquiring an additional 79 shares in the last quarter. Unison Advisors LLC increased its stake in Emerson Electric by 0.4% during the third quarter. Unison Advisors LLC now owns 21,496 shares of the industrial products company’s stock worth $2,820,000 after purchasing an additional 80 shares during the period. Finally, Abbot Financial Management Inc. lifted its position in shares of Emerson Electric by 0.5% during the third quarter. Abbot Financial Management Inc. now owns 17,594 shares of the industrial products company’s stock worth $2,308,000 after purchasing an additional 80 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Emerson Electric news, Director Matthew S. Levatich sold 1,476 shares of Emerson Electric stock in a transaction that occurred 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 transaction, the director owned 24,349 shares of the company’s stock, 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 filing with the SEC, which is available at this hyperlink. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total value of $811,224.00. Following the completion of the sale, the chief executive officer owned 281,393 shares of the company’s stock, valued at approximately $40,047,851.76. This represents a 1.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 13,879 shares of company stock worth $2,116,818 in the last quarter. 0.23% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on EMR shares. Citigroup upped their target price on shares of Emerson Electric from $165.00 to $174.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft downgraded shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $170.00 price target for the company. in a research note on Thursday, February 5th. Jefferies Financial Group began coverage on Emerson Electric in a research note on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price objective on the stock. Wells Fargo & Company lowered their target price on Emerson Electric from $160.00 to $135.00 and set an “equal weight” rating for the company in a research note on Wednesday. Finally, Weiss Ratings lowered Emerson Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, February 4th. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Emerson Electric presently has an average rating of “Hold” and an average price target of $163.43.

Read Our Latest Stock Report on EMR

Emerson Electric Stock Up 0.0%

Shares of NYSE:EMR opened at $131.71 on Friday. The firm has a 50 day simple moving average of $142.66 and a 200-day simple moving average of $137.55. Emerson Electric Co. has a twelve month low of $90.06 and a twelve month high of $165.15. The company has a current ratio of 0.84, a quick ratio of 0.62 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $74.02 billion, a PE ratio of 32.20, a P/E/G ratio of 2.10 and a beta of 1.28.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.41 by $0.05. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The firm had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same period last year, the business earned $1.38 EPS. Emerson Electric’s revenue for the quarter was up 4.1% compared to the same quarter last year. 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, equities analysts predict that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

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

About Emerson Electric

(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.

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

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