New York State Common Retirement Fund Sells 42,500 Shares of Emerson Electric Co. $EMR

New York State Common Retirement Fund lowered its stake in Emerson Electric Co. (NYSE:EMR) by 5.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 781,699 shares of the industrial products company’s stock after selling 42,500 shares during the quarter. New York State Common Retirement Fund owned approximately 0.14% of Emerson Electric worth $102,543,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in EMR. Darwin Wealth Management LLC bought a new position in shares of Emerson Electric in the 2nd quarter valued at $29,000. Winnow Wealth LLC acquired a new position in Emerson Electric in the 2nd quarter worth about $34,000. Traub Capital Management LLC bought a new position in Emerson Electric in the second quarter valued at about $37,000. Princeton Global Asset Management LLC acquired a new stake in shares of Emerson Electric during the second quarter valued at about $38,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Emerson Electric in the second quarter valued at approximately $39,000. 74.30% of the stock is owned by institutional investors.

Emerson Electric Stock Up 1.6%

Emerson Electric stock opened at $150.76 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.88 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $84.77 billion, a PE ratio of 37.32, a PEG ratio of 2.40 and a beta of 1.26. The firm’s fifty day moving average is $139.11 and its 200 day moving average is $135.90. Emerson Electric Co. has a 12-month low of $90.06 and a 12-month high of $152.50.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share for the quarter, meeting the consensus estimate of $1.62. The firm had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.91 billion. Emerson Electric had a net margin of 12.73% and a return on equity of 15.87%. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.48 earnings per share. 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, sell-side analysts predict that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were issued a dividend of $0.555 per share. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, November 14th. Emerson Electric’s dividend payout ratio is presently 54.95%.

Emerson Electric announced that its board has approved a stock repurchase program on Wednesday, November 5th that allows the company to buyback $0.00 in shares. This buyback authorization allows the industrial products company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research firms recently commented on EMR. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Emerson Electric from $157.00 to $159.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. 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. Oppenheimer restated a “market perform” rating on shares of Emerson Electric in a report on Tuesday. Barclays lifted their target price on Emerson Electric from $135.00 to $145.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 7th. Finally, UBS Group upgraded Emerson Electric from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $131.00 to $168.00 in a research report on Monday, January 5th. Ten analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $154.76.

Insider Buying and Selling at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $133.00, for a total value of $965,979.00. Following the transaction, the chief executive officer directly owned 196,292 shares in the company, valued at $26,106,836. This trade represents a 3.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is owned by insiders.

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.