Thomasville National Bank bought a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 43,047 shares of the industrial products company’s stock, valued at approximately $6,162,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Basso Capital Management L.P. bought a new stake in shares of Emerson Electric during the 4th quarter valued at about $25,000. Allied Private Wealth LLC bought a new stake in Emerson Electric in the second quarter worth approximately $27,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric in the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC bought a new position in shares of Emerson Electric during the 4th quarter worth approximately $27,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Emerson Electric during the 2nd quarter worth approximately $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.
Insider Buying and Selling
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the sale, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.23% of the company’s stock.
Emerson Electric Price Performance
Emerson Electric (NYSE:EMR – Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. During the same period last year, the firm posted $1.52 EPS. The business’s revenue was up .0% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. On average, equities analysts predict that Emerson Electric Co. will post 6.56 earnings per share for the current year.
Emerson Electric Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be paid a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio is presently 48.58%.
Wall Street Analyst Weigh In
EMR has been the topic of several research analyst reports. Sanford C. Bernstein cut their target price on shares of Emerson Electric from $175.00 to $169.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Citigroup upped their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Royal Bank Of Canada boosted their target price on Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, HSBC upped their price target on Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $166.22.
Check Out Our Latest Stock Analysis on EMR
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.
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