HBK Sorce Advisory LLC Takes Position in Emerson Electric Co. $EMR

HBK Sorce Advisory LLC acquired a new position in shares of Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 10,123 shares of the industrial products company’s stock, valued at approximately $1,645,000.

Several other large investors have also recently added to or reduced their stakes in the business. Abbot Financial Management Inc. bought a new stake in Emerson Electric during the 2nd quarter valued at $2,534,000. Northstar Financial Companies Inc. bought a new position in shares of Emerson Electric in the second quarter worth $368,000. Tillman Hartley LLC bought a new position in shares of Emerson Electric in the second quarter worth $225,000. J.Safra Asset Management Corp acquired a new position in shares of Emerson Electric during the second quarter valued at $789,000. Finally, Flputnam Investment Management Co. bought a new stake in shares of Emerson Electric during the second quarter valued at about $10,956,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is owned by corporate insiders.

Emerson Electric Stock Performance

NYSE:EMR opened at $163.07 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm’s fifty day simple moving average is $146.32 and its 200 day simple moving average is $143.09. The firm has a market capitalization of $91.33 billion, a PE ratio of 35.68, a PEG ratio of 2.43 and a beta of 1.24. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.03. The business had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm’s revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.52 EPS. 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, sell-side analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.555 per share. The ex-dividend date is Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s payout ratio is presently 48.58%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. BMO Capital Markets raised their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their price objective on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. KeyCorp decreased their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Citigroup raised their price target on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a research note on Friday, July 17th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and an average target price of $166.96.

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.