Azzad Asset Management Inc. ADV Cuts Position in Emerson Electric Co. $EMR

Azzad Asset Management Inc. ADV lessened its holdings in Emerson Electric Co. (NYSE:EMR) by 30.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,743 shares of the industrial products company’s stock after selling 15,915 shares during the period. Azzad Asset Management Inc. ADV’s holdings in Emerson Electric were worth $4,744,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Emerson Electric by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock worth $7,127,132,000 after buying an additional 201,040 shares during the last quarter. State Street Corp boosted its stake in shares of Emerson Electric by 3.0% in the 2nd quarter. State Street Corp now owns 27,053,019 shares of the industrial products company’s stock worth $3,606,979,000 after buying an additional 784,987 shares during the last quarter. Schroder Investment Management Group boosted its stake in shares of Emerson Electric by 13.5% in the 3rd quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock worth $945,227,000 after buying an additional 859,171 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Emerson Electric by 20.6% in the 3rd quarter. Fisher Asset Management LLC now owns 6,262,570 shares of the industrial products company’s stock worth $821,524,000 after buying an additional 1,069,122 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Emerson Electric by 29.2% in the 3rd 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 buying an additional 1,187,974 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on EMR. Weiss Ratings downgraded Emerson Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, February 4th. Morgan Stanley lifted their price target on shares of Emerson Electric from $115.00 to $125.00 and gave the stock an “underweight” rating in a report on Friday, January 9th. UBS Group raised shares of Emerson Electric from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $131.00 to $168.00 in a report on Monday, January 5th. KeyCorp lifted their price target on shares of Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Finally, Robert W. Baird lifted their price target on shares of Emerson Electric from $143.00 to $164.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $163.43.

Insiders Place Their Bets

In other Emerson Electric news, VP Nicholas J. Piazza sold 6,703 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the sale, the vice president owned 31,664 shares in the company, valued at $5,036,792.48. This represents a 17.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the stock in a transaction 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 13,879 shares of company stock worth $2,116,818 over the last 90 days. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Price Performance

EMR opened at $132.66 on Tuesday. The company has a market capitalization of $74.56 billion, a price-to-earnings ratio of 32.44, a PEG ratio of 2.10 and a beta of 1.28. The company has a quick ratio of 0.62, a current ratio of 0.84 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $142.33 and a 200-day moving average price of $137.60. Emerson Electric Co. has a twelve month low of $90.06 and a twelve month high of $165.15.

Emerson Electric (NYSE:EMR) last posted 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. The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.37 billion. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.38 earnings per share. 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. Equities analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently announced 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 annualized dividend and a dividend 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.