Covea Finance Boosts Stake in Emerson Electric Co. $EMR

Covea Finance increased its stake in shares of Emerson Electric Co. (NYSE:EMR) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 329,669 shares of the industrial products company’s stock after buying an additional 17,000 shares during the quarter. Emerson Electric comprises approximately 1.4% of Covea Finance’s investment portfolio, making the stock its 16th biggest holding. Covea Finance owned 0.06% of Emerson Electric worth $43,754,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new stake in Emerson Electric during the 2nd quarter valued at about $29,000. Wealth Watch Advisors INC purchased a new position in shares of Emerson Electric in the third quarter worth about $33,000. Traub Capital Management LLC acquired a new stake in shares of Emerson Electric during the second quarter worth about $37,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Emerson Electric in the second quarter valued at approximately $39,000. Finally, Financial Consulate Inc. acquired a new position in Emerson Electric in the 3rd quarter worth approximately $41,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were 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. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Matthew S. Levatich sold 1,476 shares of the stock in a transaction dated Tuesday, February 10th. The shares were 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 of the company’s stock, valued at $3,948,433.84. This trade represents a 5.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 13,879 shares of company stock valued at $2,116,818. Company insiders own 0.23% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on EMR. Wolfe Research decreased their price objective on shares of Emerson Electric from $177.00 to $176.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Jefferies Financial Group raised their target price on shares of Emerson Electric from $150.00 to $160.00 and gave the stock a “hold” rating in a report on Thursday, February 5th. Citigroup boosted their target price on shares of Emerson Electric from $165.00 to $174.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Wells Fargo & Company increased their price target on Emerson Electric from $145.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Finally, UBS Group upgraded Emerson Electric from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $131.00 to $168.00 in a research note on Monday, January 5th. Eleven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Emerson Electric currently has an average rating of “Hold” and an average price target of $164.85.

Emerson Electric Stock Performance

Shares of NYSE EMR opened at $128.12 on Friday. The company has a market capitalization of $72.00 billion, a PE ratio of 31.32, a price-to-earnings-growth ratio of 2.07 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.62 and a current ratio of 0.84. The company’s fifty day moving average price is $146.41 and its 200 day moving average price is $137.78. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $165.15.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share 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 analysts’ expectations of $4.37 billion. During the same quarter in the previous year, the company earned $1.38 earnings per share. The firm’s revenue for the quarter 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. On average, research analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

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

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.