Westpac Banking Corp Has $2.11 Million Stake in Emerson Electric Co. $EMR

Westpac Banking Corp lifted its holdings in Emerson Electric Co. (NYSE:EMR) by 334.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,116 shares of the industrial products company’s stock after purchasing an additional 12,410 shares during the period. Westpac Banking Corp’s holdings in Emerson Electric were worth $2,114,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the business. Interchange Capital Partners LLC acquired a new position in shares of Emerson Electric in the third quarter valued at $236,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Emerson Electric by 3.6% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,155,761 shares of the industrial products company’s stock worth $151,613,000 after buying an additional 39,784 shares during the last quarter. AlphaCore Capital LLC raised its stake in shares of Emerson Electric by 18.9% in the third quarter. AlphaCore Capital LLC now owns 8,061 shares of the industrial products company’s stock valued at $1,057,000 after acquiring an additional 1,279 shares during the last quarter. Intech Investment Management LLC grew its position in Emerson Electric by 64.3% during the 3rd quarter. Intech Investment Management LLC now owns 19,136 shares of the industrial products company’s stock worth $2,510,000 after acquiring an additional 7,490 shares during the last quarter. Finally, Catalyst Financial Partners LLC boosted its stake in Emerson Electric by 4.3% in the third quarter. Catalyst Financial Partners LLC now owns 2,898 shares of the industrial products company’s stock worth $380,000 after purchasing an additional 120 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

Insider Activity at Emerson Electric

In related news, VP Nicholas J. Piazza sold 6,703 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the transaction, the vice president directly owned 31,664 shares in the company, valued at approximately $5,036,792.48. The trade was a 17.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the stock in a transaction dated 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 owned 196,292 shares of the company’s stock, valued at $26,106,836. This represents a 3.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 15,442 shares of company stock valued at $2,271,573 over the last 90 days. Insiders own 0.23% of the company’s stock.

Emerson Electric Stock Performance

Shares of NYSE:EMR opened at $148.59 on Thursday. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $165.15. The company’s 50 day simple moving average is $145.76 and its 200 day simple moving average is $137.03. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62. The stock has a market capitalization of $83.51 billion, a price-to-earnings ratio of 36.33, a price-to-earnings-growth ratio of 2.40 and a beta of 1.26.

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

Emerson Electric announced that its board has initiated a share repurchase program on Wednesday, November 5th that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the industrial products company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

Emerson Electric Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Evercore lifted their price target on Emerson Electric from $170.00 to $185.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft cut Emerson Electric from a “buy” rating to a “hold” rating and set a $170.00 price objective for the company. in a research report on Thursday, February 5th. Oppenheimer restated a “market perform” rating on shares of Emerson Electric in a report on Tuesday, January 27th. Barclays raised their price target on Emerson Electric from $135.00 to $145.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Finally, Daiwa Securities Group upped their price objective on Emerson Electric from $153.00 to $177.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Eleven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $164.90.

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.