Huntington National Bank boosted its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 3.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 910,362 shares of the industrial products company’s stock after purchasing an additional 27,552 shares during the quarter. Huntington National Bank owned about 0.16% of Emerson Electric worth $119,421,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of EMR. Darwin Wealth Management LLC acquired a new position in Emerson Electric during the 2nd quarter worth $29,000. Winnow Wealth LLC bought a new position in shares of Emerson Electric in the second quarter worth about $34,000. Traub Capital Management LLC acquired a new position in shares of Emerson Electric during the 2nd quarter worth about $37,000. Twin Peaks Wealth Advisors LLC bought a new stake in Emerson Electric during the 2nd quarter valued at approximately $39,000. Finally, Financial Consulate Inc. acquired a new stake in Emerson Electric in the 3rd quarter valued at approximately $41,000. 74.30% of the stock is owned by institutional investors.
Insider Buying and Selling at Emerson Electric
In related news, VP Nicholas J. Piazza sold 6,703 shares of the stock in a transaction that occurred 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 directly owned 31,664 shares in the company, valued at $5,036,792.48. This represents a 17.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of Emerson Electric stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total value of $965,979.00. Following the completion of the transaction, the chief executive officer owned 196,292 shares of the company’s stock, valued at approximately $26,106,836. The trade was 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 worth $2,271,573 over the last ninety days. Corporate insiders own 0.23% of the company’s stock.
Analyst Ratings Changes
View Our Latest Analysis on EMR
Emerson Electric Trading Down 1.3%
EMR stock opened at $150.67 on Friday. Emerson Electric Co. has a 1-year low of $90.06 and a 1-year high of $165.15. The company has a current ratio of 0.84, a quick ratio of 0.62 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $146.53 and its 200-day moving average is $137.27. The firm has a market cap of $84.67 billion, a P/E ratio of 36.84, a P/E/G ratio of 2.43 and a beta of 1.26.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, beating the consensus estimate of $1.41 by $0.05. The business had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.37 billion. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.Emerson Electric’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Equities analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.
Emerson Electric announced that its board has authorized a stock repurchase plan on Wednesday, November 5th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the industrial products company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.
Emerson Electric Announces Dividend
The company 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 dividend of $0.555 per share. This represents a $2.22 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, February 13th. Emerson Electric’s dividend payout ratio (DPR) is currently 54.28%.
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.
Read More
- Five stocks we like better than Emerson Electric
- 3 Signs You May Want to Switch Financial Advisors
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- 1,500 Banks Just Handed the Fed Your Bank Account
- The Biggest IPO Ever… Open to Everyday Folks
- Read this or regret it forever
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.
