Kornitzer Capital Management Inc. KS Has $18.06 Million Position in Emerson Electric Co. $EMR

Kornitzer Capital Management Inc. KS reduced its stake in Emerson Electric Co. (NYSE:EMR) by 3.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 136,090 shares of the industrial products company’s stock after selling 4,592 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Emerson Electric were worth $18,062,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Essex Bank lifted its holdings in Emerson Electric by 1.0% in the 4th quarter. Essex Bank now owns 8,360 shares of the industrial products company’s stock worth $1,110,000 after purchasing an additional 80 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its holdings in shares of Emerson Electric by 2.4% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 8,230 shares of the industrial products company’s stock worth $1,092,000 after buying an additional 190 shares during the last quarter. Verus Financial Partners Inc. acquired a new position in shares of Emerson Electric during the fourth quarter worth approximately $180,000. Danske Bank A S lifted its holdings in shares of Emerson Electric by 19.8% during the fourth quarter. Danske Bank A S now owns 458,476 shares of the industrial products company’s stock worth $60,849,000 after buying an additional 75,639 shares during the last quarter. Finally, Uptick Partners LLC lifted its holdings in shares of Emerson Electric by 18.8% during the fourth quarter. Uptick Partners LLC now owns 3,290 shares of the industrial products company’s stock worth $437,000 after buying an additional 521 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Stock Performance

Shares of NYSE:EMR opened at $137.53 on Friday. The business’s fifty day moving average price is $138.85 and its two-hundred day moving average price is $138.85. Emerson Electric Co. has a fifty-two week low of $106.51 and a fifty-two week high of $165.15. The stock has a market capitalization of $77.29 billion, a price-to-earnings ratio of 33.63, a price-to-earnings-growth ratio of 2.24 and a beta of 1.26. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62.

Emerson Electric (NYSE:EMR) last announced 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. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The firm had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.37 billion. During the same period in the prior year, the business posted $1.38 earnings per share. The business’s 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, analysts predict that Emerson Electric Co. will post 6.5 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th were given a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, February 13th. Emerson Electric’s dividend payout ratio is 54.28%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on EMR shares. Wolfe Research cut their price target on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Morgan Stanley upped their price target on Emerson Electric from $115.00 to $125.00 and gave the stock an “underweight” rating in a report on Friday, January 9th. KeyCorp upped their price target on Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. HSBC upped their price target on Emerson Electric from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Daiwa Securities Group upped their target price on Emerson Electric from $153.00 to $177.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Emerson Electric has an average rating of “Hold” and an average target price of $162.38.

Insider Transactions at Emerson Electric

In other news, VP Nicholas J. Piazza sold 6,703 shares of the stock in a transaction 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 owned 31,664 shares in the company, valued at approximately $5,036,792.48. This represents a 17.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Matthew S. Levatich sold 1,476 shares of the stock in a transaction 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 sale, the director owned 24,349 shares in the company, valued at $3,948,433.84. The trade was a 5.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 13,879 shares of company stock worth $2,116,818. Insiders own 0.23% of the company’s stock.

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.