IFP Advisors Inc trimmed its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 42.4% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 11,833 shares of the industrial products company’s stock after selling 8,717 shares during the quarter. IFP Advisors Inc’s holdings in Emerson Electric were worth $1,552,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC lifted its stake in Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock worth $1,412,000 after purchasing an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Emerson Electric during the first quarter valued at about $232,000. Caxton Associates LLP purchased a new position in shares of Emerson Electric in the first quarter worth about $275,000. Sivia Capital Partners LLC bought a new stake in shares of Emerson Electric in the 2nd quarter valued at about $203,000. Finally, Prudential PLC boosted its holdings in Emerson Electric by 227.0% during the 2nd quarter. Prudential PLC now owns 26,245 shares of the industrial products company’s stock valued at $3,499,000 after acquiring an additional 18,220 shares during the period. Institutional investors own 74.30% of the company’s stock.
Insiders Place Their Bets
In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was 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 of the company’s stock, valued at approximately $40,047,851.76. This represents a 1.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Matthew S. Levatich sold 1,476 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total value of $239,348.16. Following the completion of the transaction, the director owned 24,349 shares of the company’s stock, valued at approximately $3,948,433.84. The trade was a 5.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 13,879 shares of company stock worth $2,116,818 over the last three months. Company insiders own 0.23% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on EMR
Emerson Electric Price Performance
Shares of Emerson Electric stock opened at $128.12 on Friday. The business has a 50 day moving average of $146.41 and a 200 day moving average of $137.83. Emerson Electric Co. has a 52 week low of $90.06 and a 52 week high of $165.15. The company has a market cap of $72.00 billion, a PE ratio of 31.32, a P/E/G ratio of 2.04 and a beta of 1.24. 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 – Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, beating 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 business had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.37 billion. During the same quarter in the previous year, the business posted $1.38 earnings per share. The firm’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, equities research analysts forecast that Emerson Electric Co. will post 5.96 earnings per share for the current year.
Emerson Electric Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors 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 annualized dividend and a dividend yield of 1.7%. Emerson Electric’s payout ratio is currently 54.28%.
Emerson Electric Profile
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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