Jones Financial Companies Lllp bought a new stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,067 shares of the industrial products company’s stock, valued at approximately $4,447,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Peak Asset Management LLC bought a new stake in shares of Emerson Electric in the 2nd quarter valued at approximately $16,440,000. Fiduciary Financial Advisors purchased a new stake in shares of Emerson Electric in the second quarter valued at $31,000. Manning & Napier Advisors LLC bought a new stake in shares of Emerson Electric in the 2nd quarter worth about $7,149,000. L2 Asset Management LLC bought a new stake in shares of Emerson Electric in the 2nd quarter worth about $502,000. Finally, Partners Capital Investment Group LLP purchased a new position in shares of Emerson Electric during the 2nd quarter worth about $616,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Insider Activity at Emerson Electric
In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’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 completion of the transaction, 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 SEC, which is accessible through this link. Insiders own 0.23% of the company’s stock.
Analyst Upgrades and Downgrades
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Emerson Electric Stock Up 0.2%
Shares of Emerson Electric stock opened at $157.56 on Tuesday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The stock has a market cap of $88.25 billion, a price-to-earnings ratio of 34.48, a PEG ratio of 2.34 and a beta of 1.24. The firm’s 50-day moving average is $148.26 and its two-hundred day moving average is $143.46.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings results 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. 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 analysts’ expectations of $4.80 billion. During the same quarter in the prior year, the company earned $1.52 EPS. The company’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. As a group, research analysts expect that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be given a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.
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.
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