Axxcess Wealth Management LLC Reduces Holdings in Emerson Electric Co. $EMR

Axxcess Wealth Management LLC lessened its holdings in Emerson Electric Co. (NYSE:EMRFree Report) by 11.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 43,391 shares of the industrial products company’s stock after selling 5,831 shares during the period. Axxcess Wealth Management LLC’s holdings in Emerson Electric were worth $5,692,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. AustralianSuper Pty Ltd purchased a new stake in Emerson Electric in the third quarter valued at approximately $950,000. Cahill Financial Advisors Inc. purchased a new stake in shares of Emerson Electric during the 3rd quarter valued at $823,000. Coldstream Capital Management Inc. increased its holdings in shares of Emerson Electric by 18.3% during the 2nd quarter. Coldstream Capital Management Inc. now owns 21,378 shares of the industrial products company’s stock worth $2,850,000 after buying an additional 3,308 shares during the last quarter. Marshall Wace LLP raised its position in shares of Emerson Electric by 74.4% in the 2nd quarter. Marshall Wace LLP now owns 1,286,755 shares of the industrial products company’s stock worth $171,563,000 after buying an additional 548,795 shares during the period. Finally, Caprock Group LLC acquired a new position in Emerson Electric in the third quarter valued at $3,359,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Trading Up 1.7%

EMR opened at $151.38 on Thursday. The firm’s 50 day moving average is $144.45 and its 200-day moving average is $136.60. Emerson Electric Co. has a 52-week low of $90.06 and a 52-week high of $165.15. 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 market capitalization of $85.07 billion, a P/E ratio of 37.01, a P/E/G ratio of 2.36 and a beta of 1.26.

Emerson Electric (NYSE:EMRGet 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 analysts’ consensus estimates of $1.41 by $0.05. The business had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.37 billion. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The business’s revenue was up 4.1% on a year-over-year basis. During the same period last year, the business earned $1.38 EPS. 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. Analysts expect that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Friday, February 13th will be issued a $0.555 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. Emerson Electric’s dividend payout ratio is currently 54.28%.

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on EMR shares. Royal Bank Of Canada upped their price target on Emerson Electric from $153.00 to $176.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Citigroup increased their target price on shares of Emerson Electric from $165.00 to $174.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Loop Capital lifted their price target on shares of Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. KeyCorp increased their price objective on shares of Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Finally, UBS Group upgraded shares of Emerson Electric from a “neutral” rating to a “buy” rating and lifted their target price for the company from $131.00 to $168.00 in a report on Monday, January 5th. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $164.90.

Read Our Latest Stock Analysis on EMR

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, Director Matthew S. Levatich sold 1,476 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total value of $239,348.16. Following the transaction, the director directly owned 24,349 shares of the company’s stock, valued at $3,948,433.84. This represents a 5.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 196,292 shares of the company’s stock, valued at $26,106,836. The trade was a 3.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,442 shares of company stock worth $2,271,573 in the last 90 days. 0.23% of the stock is owned by corporate insiders.

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.

Further Reading

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

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