Jefferies Financial Group Inc. Acquires Shares of 9,071 Emerson Electric Co. $EMR

Jefferies Financial Group Inc. bought a new position in Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 9,071 shares of the industrial products company’s stock, valued at approximately $1,299,000.

Several other institutional investors and hedge funds have also recently modified their holdings of EMR. BlackRock Inc. purchased a new position in shares of Emerson Electric in the 2nd quarter worth about $6,193,425,000. State Street Corp increased its stake in Emerson Electric by 2.0% during the 4th quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock valued at $3,647,602,000 after purchasing an additional 541,887 shares in the last quarter. Bank of America Corp DE raised its holdings in Emerson Electric by 13.1% in the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after buying an additional 2,302,055 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Emerson Electric by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after buying an additional 76,488 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of Emerson Electric by 1.3% in 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 buying an additional 134,049 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

EMR has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upgraded shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective for the company in a report on Friday, July 17th. Rothschild & Co Redburn increased their target price on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Daiwa Securities Group decreased 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. Finally, Barclays increased their price objective on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $167.83.

Insider Buying and Selling at Emerson Electric

In other 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 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 $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is currently owned by insiders.

Emerson Electric Trading Up 0.1%

Shares of Emerson Electric stock opened at $155.37 on Monday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35. The company’s fifty day simple moving average is $148.79 and its 200-day simple moving average is $143.46. 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 capitalization of $87.02 billion, a PE ratio of 34.00, a P/E/G ratio of 2.31 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.Emerson Electric’s revenue was up .0% on a year-over-year basis. During the same period in the prior year, the business 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, equities analysts anticipate that Emerson Electric Co. will post 6.54 earnings per share for the current year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be paid a $0.555 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

About Emerson Electric

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.