Impax Asset Management Group plc Grows Stake in Emerson Electric Co. $EMR

Impax Asset Management Group plc grew its position in Emerson Electric Co. (NYSE:EMR) by 30.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 120,193 shares of the industrial products company’s stock after buying an additional 27,705 shares during the quarter. Impax Asset Management Group plc’s holdings in Emerson Electric were worth $15,767,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Emerson Electric by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 54,129,898 shares of the industrial products company’s stock valued at $7,217,139,000 after purchasing an additional 695,105 shares during the period. State Street Corp boosted its stake in shares of Emerson Electric by 3.0% during the second quarter. State Street Corp now owns 27,053,019 shares of the industrial products company’s stock valued at $3,606,979,000 after purchasing an additional 784,987 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Emerson Electric by 75.0% during the second quarter. JPMorgan Chase & Co. now owns 12,538,402 shares of the industrial products company’s stock valued at $1,671,762,000 after buying an additional 5,371,585 shares during the period. Geode Capital Management LLC lifted its holdings in Emerson Electric by 0.7% during the second quarter. Geode Capital Management LLC now owns 12,143,357 shares of the industrial products company’s stock worth $1,610,958,000 after buying an additional 89,192 shares during the period. Finally, Nordea Investment Management AB boosted its position in Emerson Electric by 19.5% during the 2nd quarter. Nordea Investment Management AB now owns 9,195,005 shares of the industrial products company’s stock valued at $1,223,947,000 after acquiring an additional 1,499,000 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on EMR. Royal Bank Of Canada raised their price objective on Emerson Electric from $153.00 to $176.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Evercore lifted their price target on shares of Emerson Electric from $170.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Jefferies Financial Group increased their price objective on Emerson Electric from $150.00 to $160.00 and gave the company a “hold” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. upped their target price on Emerson Electric from $150.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Finally, Weiss Ratings downgraded Emerson Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, February 4th. Ten equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $164.11.

Emerson Electric Stock Performance

EMR opened at $154.91 on Thursday. The firm has a 50 day moving average of $143.26 and a two-hundred day moving average of $136.51. The firm has a market capitalization of $87.06 billion, a PE ratio of 37.87, a P/E/G ratio of 2.56 and a beta of 1.26. The company has a current ratio of 0.84, a quick ratio of 0.62 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 12-month low of $90.06 and a 12-month high of $165.15.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (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 during the quarter, compared to analysts’ expectations of $4.37 billion. During the same quarter last year, the company posted $1.38 earnings per share. The firm’s revenue 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, analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Friday, February 13th will be issued a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s dividend payout ratio is 54.28%.

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 shares. This repurchase authorization authorizes the industrial products company to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In related news, VP Nicholas J. Piazza sold 6,703 shares of Emerson Electric stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $159.07, for a total value of $1,066,246.21. Following the completion of the transaction, the vice president owned 31,664 shares in the company, valued at $5,036,792.48. The trade was a 17.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the stock in a transaction that occurred on 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 owned 196,292 shares in the company, valued at $26,106,836. This represents a 3.57% 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 insiders.

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.