Heartland Bank & Trust Co Acquires New Holdings in Emerson Electric Co. $EMR

Heartland Bank & Trust Co bought a new position in Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,945 shares of the industrial products company’s stock, valued at approximately $1,280,000.

Other large investors also recently made changes to their positions in the company. Ieq Capital LLC bought a new position in Emerson Electric in the 2nd quarter worth approximately $772,000. Burnham & Co LLC bought a new stake in Emerson Electric during the 2nd quarter valued at $143,000. Callan Family Office LLC acquired a new position in Emerson Electric during the 2nd quarter worth $3,071,000. Manhattan West Asset Management LLC acquired a new position in Emerson Electric during the 2nd quarter worth $336,000. Finally, Keebeck Wealth Management acquired a new position in shares of Emerson Electric during the second quarter valued at $4,107,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EMR. Barclays lifted their price objective on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Rothschild & Co Redburn upped their price target on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Stephens increased their price objective on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Finally, Sanford C. Bernstein boosted their target price on Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $166.96.

View Our Latest Research Report on Emerson Electric

Emerson Electric Price Performance

Shares of Emerson Electric stock opened at $157.21 on Friday. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. 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 stock has a market cap of $88.05 billion, a PE ratio of 34.40, a price-to-earnings-growth ratio of 2.30 and a beta of 1.24. The company’s 50-day moving average price is $148.04 and its two-hundred day moving average price is $143.46.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings data 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. The company had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter last year, the firm posted $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. As a group, sell-side analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

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

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 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 transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.23% of the company’s stock.

About Emerson Electric

(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.

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

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