Pallas Capital Advisors LLC reduced its stake in Emerson Electric Co. (NYSE:EMR – Free Report) by 8.9% during the 4th quarter, Holdings Channel reports. The fund owned 73,587 shares of the industrial products company’s stock after selling 7,150 shares during the quarter. Pallas Capital Advisors LLC’s holdings in Emerson Electric were worth $9,766,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Murphy Middleton Hinkle & Parker Inc. grew its position in shares of Emerson Electric by 229.1% during the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock worth $6,167,000 after buying an additional 32,346 shares in the last quarter. AustralianSuper Pty Ltd acquired a new stake in Emerson Electric in the third quarter valued at approximately $950,000. Cahill Financial Advisors Inc. purchased a new position in Emerson Electric in the third quarter worth approximately $823,000. Vanguard Group Inc. grew its holdings in Emerson Electric by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock worth $7,127,132,000 after acquiring an additional 201,040 shares in the last quarter. Finally, Marshall Wace LLP increased 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 valued at $171,563,000 after purchasing an additional 548,795 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Emerson Electric
In other Emerson Electric news, Director Matthew S. Levatich sold 1,476 shares of the business’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 completion of the sale, the director owned 24,349 shares in the company, valued at approximately $3,948,433.84. The trade was a 5.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, the chief executive officer owned 281,393 shares in the company, valued at approximately $40,047,851.76. This trade represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 13,879 shares of company stock worth $2,116,818. 0.23% of the stock is owned by insiders.
Emerson Electric Price Performance
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $4.37 billion. During the same quarter last year, the company posted $1.38 earnings per share. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. 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, sell-side analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current year.
Emerson Electric Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th were given a dividend of $0.555 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $2.22 annualized dividend and a yield of 1.8%. Emerson Electric’s payout ratio is 54.28%.
Wall Street Analyst Weigh In
EMR has been the subject of several recent analyst reports. Wells Fargo & Company lifted their price objective on shares of Emerson Electric from $145.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. BMO Capital Markets initiated coverage on Emerson Electric in a report on Friday. They issued a “market perform” rating and a $150.00 target price on the stock. Loop Capital raised their price target on Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. 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 report on Thursday, February 5th. Finally, HSBC raised their target price on Emerson Electric from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Eleven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $164.14.
View Our Latest Research Report on Emerson Electric
Emerson Electric Company 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.
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