Manning & Napier Advisors LLC Has $7.58 Million Stake in Emerson Electric Co. $EMR

Manning & Napier Advisors LLC reduced its position in Emerson Electric Co. (NYSE:EMRFree Report) by 47.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 57,744 shares of the industrial products company’s stock after selling 51,959 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Emerson Electric were worth $7,575,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of EMR. Darwin Wealth Management LLC acquired a new stake in Emerson Electric during the 2nd quarter worth about $29,000. Winnow Wealth LLC bought a new stake in shares of Emerson Electric during the 2nd quarter valued at about $34,000. PFS Partners LLC increased its holdings in Emerson Electric by 65.9% in the second quarter. PFS Partners LLC now owns 272 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 108 shares in the last quarter. Traub Capital Management LLC acquired a new position in Emerson Electric in the second quarter valued at approximately $37,000. Finally, Princeton Global Asset Management LLC bought a new position in shares of Emerson Electric during the 2nd quarter worth approximately $38,000. Institutional investors own 74.30% of the company’s stock.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $133.00, for a total transaction of $965,979.00. Following the transaction, the chief executive officer directly owned 196,292 shares in the company, valued at approximately $26,106,836. This trade represents a 3.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.

Emerson Electric Trading Up 0.7%

NYSE:EMR opened at $146.33 on Wednesday. Emerson Electric Co. has a one year low of $90.06 and a one year high of $150.27. The company has a market cap of $82.28 billion, a PE ratio of 36.22, a PEG ratio of 2.36 and a beta of 1.26. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.88 and a quick ratio of 0.65. The firm has a 50-day moving average of $134.37 and a 200-day moving average of $134.96.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.62. The business had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.91 billion. Emerson Electric had a return on equity of 15.87% and a net margin of 12.73%.The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.48 EPS. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. As a group, equities research analysts expect that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric declared that its board has authorized a stock repurchase program on Wednesday, November 5th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the industrial products company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Emerson Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were given a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, November 14th. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s payout ratio is currently 54.95%.

Analyst Ratings Changes

EMR has been the topic of a number of research reports. Royal Bank Of Canada dropped their target price on shares of Emerson Electric from $155.00 to $153.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. Evercore ISI started coverage on shares of Emerson Electric in a research note on Monday, December 15th. They issued an “outperform” rating and a $170.00 price target for the company. Barclays increased their price objective on shares of Emerson Electric from $135.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 7th. UBS Group raised Emerson Electric from a “neutral” rating to a “buy” rating and boosted their target price for the company from $131.00 to $168.00 in a research report on Monday, January 5th. Finally, Daiwa Capital Markets increased their price target on Emerson Electric from $150.00 to $153.00 and gave the stock an “outperform” rating in a report on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and an average price target of $151.06.

View Our Latest Research Report on EMR

Emerson Electric Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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