59,906 Shares in Emerson Electric Co. $EMR Bought by Equitable Holdings Inc.

Equitable Holdings Inc. purchased a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 59,906 shares of the industrial products company’s stock, valued at approximately $8,576,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ABS Investment Management LLC bought a new position in shares of Emerson Electric in the second quarter worth approximately $858,900,000. Basso Capital Management L.P. purchased a new position in shares of Emerson Electric during the 4th quarter valued at $25,000. Allied Private Wealth LLC bought a new position in Emerson Electric in the 2nd quarter worth $27,000. IFC & Insurance Marketing Inc. purchased a new stake in Emerson Electric in the 4th quarter worth $27,000. Finally, Motiv8 Investments LLC bought a new stake in Emerson Electric during the fourth quarter valued at about $27,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on EMR shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. Rothschild & Co Redburn boosted their price target on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Citigroup increased their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. BNP Paribas Exane lifted their price objective on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Finally, Stephens boosted their target price on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $167.39.

Check Out Our Latest Stock Report on Emerson Electric

Emerson Electric Stock Performance

NYSE EMR opened at $157.58 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35. The business has a 50 day simple moving average of $148.70 and a two-hundred day simple moving average of $143.49. The stock has a market capitalization of $88.26 billion, a PE ratio of 34.48, a P/E/G ratio of 2.35 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the prior year, the company earned $1.52 EPS. The company’s quarterly 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. On average, research analysts predict that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders 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 dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio is currently 48.58%.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated 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 in the company, 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 SEC, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

Emerson Electric 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.

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

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