Emerson Electric Co. $EMR Shares Sold by DNB Asset Management AS

DNB Asset Management AS cut its stake in Emerson Electric Co. (NYSE:EMR) by 7.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 859,507 shares of the industrial products company’s stock after selling 64,577 shares during the period. DNB Asset Management AS owned 0.15% of Emerson Electric worth $112,750,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in Emerson Electric in the 2nd quarter valued at about $918,830,000. JPMorgan Chase & Co. raised its holdings in shares of 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 last quarter. Schroder Investment Management Group boosted its position in shares of Emerson Electric by 51.6% during the second quarter. Schroder Investment Management Group now owns 6,346,398 shares of the industrial products company’s stock worth $846,165,000 after buying an additional 2,159,126 shares during the period. Fisher Asset Management LLC increased its position in Emerson Electric by 43.0% in the 2nd quarter. Fisher Asset Management LLC now owns 5,193,448 shares of the industrial products company’s stock valued at $692,442,000 after acquiring an additional 1,561,600 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Emerson Electric by 29.2% in the third quarter. Bank of New York Mellon Corp now owns 5,260,097 shares of the industrial products company’s stock worth $690,020,000 after purchasing an additional 1,187,974 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on EMR. Citigroup upped their price target 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. KeyCorp upped their target price on Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Jefferies Financial Group lifted their price target on Emerson Electric from $150.00 to $160.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Evercore boosted their price objective on Emerson Electric from $170.00 to $185.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Emerson Electric in a report on Tuesday, January 27th. Eleven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Emerson Electric presently has a consensus rating of “Hold” and an average target price of $164.90.

Emerson Electric Trading Up 2.9%

Shares of NYSE EMR opened at $152.69 on Friday. The business has a fifty day simple moving average of $146.18 and a 200-day simple moving average of $137.14. The company has a market cap of $85.81 billion, a price-to-earnings ratio of 37.33, a P/E/G ratio of 2.36 and a beta of 1.26. Emerson Electric Co. has a 12 month low of $90.06 and a 12 month 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.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.05. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The company had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.37 billion. During the same period in the prior year, the firm earned $1.38 earnings per share. The business’s quarterly 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. Sell-side analysts predict that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Announces Dividend

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

Emerson Electric declared that its Board of Directors has approved a share buyback plan on Wednesday, November 5th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the industrial products company to buy shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s board believes its stock is undervalued.

Insider Activity

In other news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total value of $965,979.00. Following the completion of the sale, the chief executive officer directly owned 196,292 shares of the company’s stock, valued at $26,106,836. This represents a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nicholas J. Piazza sold 6,703 shares of Emerson Electric stock in a transaction on Monday, February 9th. The shares were 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 15,442 shares of company stock worth $2,271,573 in the last 90 days. Company insiders own 0.23% of the company’s stock.

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.