Danske Bank A S acquired a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 382,837 shares of the industrial products company’s stock, valued at approximately $50,221,000. Danske Bank A S owned 0.07% of Emerson Electric as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also made changes to their positions in the stock. Darwin Wealth Management LLC bought a new position in Emerson Electric during the second quarter valued at about $29,000. Wealth Watch Advisors INC acquired a new position in shares of Emerson Electric in the 3rd quarter valued at $33,000. Winnow Wealth LLC bought a new position in shares of Emerson Electric during the 2nd quarter worth about $34,000. Traub Capital Management LLC acquired a new stake in shares of Emerson Electric during the 2nd quarter valued at about $37,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Emerson Electric in the second quarter valued at about $39,000. Institutional investors own 74.30% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have commented on EMR shares. JPMorgan Chase & Co. raised their price target on shares of Emerson Electric from $150.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Oppenheimer reiterated a “market perform” rating on shares of Emerson Electric in a research note on Tuesday, January 27th. Evercore raised their target price on Emerson Electric from $170.00 to $185.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Wolfe Research reduced their target price on shares of Emerson Electric from $177.00 to $176.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Finally, Robert W. Baird increased their target price on shares of Emerson Electric from $143.00 to $164.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Eleven 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.com, Emerson Electric currently has an average rating of “Hold” and a consensus target price of $164.85.
Emerson Electric Stock Down 2.1%
NYSE EMR opened at $129.73 on Thursday. The stock’s 50 day simple moving average is $147.01 and its 200 day simple moving average is $137.86. Emerson Electric Co. has a one year low of $90.06 and a one year high of $165.15. The firm has a market cap of $72.91 billion, a PE ratio of 31.72, a price-to-earnings-growth ratio of 2.11 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.05. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The firm had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the previous year, the company posted $1.38 EPS. The business’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. As a group, sell-side analysts forecast that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th were given a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, February 13th. Emerson Electric’s dividend payout ratio (DPR) is presently 54.28%.
Insider Buying and Selling
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, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 281,393 shares in the company, valued at approximately $40,047,851.76. This represents a 1.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 13,879 shares of company stock worth $2,116,818 in the last quarter. 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.
Further Reading
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.
