L2 Asset Management LLC purchased a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 3,507 shares of the industrial products company’s stock, valued at approximately $502,000.
Several other large investors also recently made changes to their positions in the stock. Rooted Wealth Advisors Inc. raised its position in Emerson Electric by 3.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after acquiring an additional 64 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its position in shares of Emerson Electric by 2.4% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after acquiring an additional 72 shares during the period. Zhang Financial LLC increased its stake in shares of Emerson Electric by 2.7% during the 4th quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after purchasing an additional 76 shares during the last quarter. Root Financial Partners LLC raised its holdings in shares of Emerson Electric by 3.6% in the 4th quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company’s stock valued at $296,000 after purchasing an additional 78 shares during the period. Finally, REAP Financial Group LLC raised its holdings in shares of Emerson Electric by 4.4% in the 4th quarter. REAP Financial Group LLC now owns 1,892 shares of the industrial products company’s stock valued at $251,000 after purchasing an additional 79 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.
Insider Activity at Emerson Electric
In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.23% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Analysis on EMR
Emerson Electric Price Performance
Shares of NYSE EMR opened at $154.97 on Wednesday. The firm has a market cap of $86.80 billion, a P/E ratio of 33.91, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24. The business’s 50 day moving average is $148.38 and its 200-day moving average is $143.44. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35.
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly 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 business had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the previous year, the company posted $1.52 EPS. The firm’s quarterly revenue 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. Equities research analysts predict that Emerson Electric Co. will post 6.56 earnings per share for the current year.
Emerson Electric Dividend Announcement
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 $0.555 dividend. 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 dividend payout ratio 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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