Silverlake Wealth Management LLC Makes New Investment in Emerson Electric Co. $EMR

Silverlake Wealth Management LLC bought a new position in Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 4,319 shares of the industrial products company’s stock, valued at approximately $618,000.

A number of other institutional investors and hedge funds have also made changes to their positions in EMR. Vanguard Group Inc. raised its position in Emerson Electric by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock worth $7,287,546,000 after acquiring an additional 578,242 shares in the last quarter. State Street Corp increased its holdings in Emerson Electric by 2.0% in the fourth quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock valued at $3,647,602,000 after buying an additional 541,887 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Emerson Electric by 13.1% during the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock valued at $2,612,780,000 after acquiring an additional 2,302,055 shares during the period. Geode Capital Management LLC grew its holdings in shares of Emerson Electric by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after acquiring an additional 76,488 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in Emerson Electric by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 10,840,109 shares of the industrial products company’s stock worth $1,438,699,000 after purchasing an additional 134,049 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the sale, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

Emerson Electric Stock Down 0.1%

EMR opened at $163.07 on Monday. The firm has a market cap of $91.33 billion, a P/E ratio of 35.68, a PEG ratio of 2.43 and a beta of 1.24. The business’s fifty day simple moving average is $146.32 and its 200 day simple moving average is $143.09. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMRGet Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the previous year, the company posted $1.52 EPS. The firm’s revenue for the quarter was up .0% on a year-over-year basis. 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. As a group, equities research analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a dividend of $0.555 per share. The ex-dividend date is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

Wall Street Analyst Weigh In

EMR has been the topic of several research reports. Royal Bank Of Canada upped their target price on Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Daiwa Securities Group cut their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. KeyCorp decreased their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. BNP Paribas Exane raised their target price on shares of Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Finally, Citigroup lifted their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and an average price target of $166.96.

Read Our Latest Analysis on EMR

Emerson Electric Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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