Emerson Electric Co. $EMR Holdings Lifted by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its position in shares of Emerson Electric Co. (NYSE:EMR) by 8.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 200,625 shares of the industrial products company’s stock after buying an additional 15,559 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Emerson Electric were worth $31,117,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Emerson Electric in the second quarter valued at about $6,193,425,000. State Street Corp raised its stake in Emerson Electric by 1.5% in the 2nd quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock worth $3,962,177,000 after purchasing an additional 403,957 shares in the last quarter. Bank of America Corp DE raised its stake in Emerson Electric by 13.1% in the 1st 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 purchasing an additional 2,302,055 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Emerson Electric by 1.9% in the 1st quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock valued at $827,478,000 after purchasing an additional 117,513 shares during the period. Finally, Legal & General Group Plc bought a new stake in Emerson Electric in the 2nd quarter valued at about $613,846,000. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Up 1.7%

NYSE EMR opened at $163.25 on Thursday. The company has a market cap of $91.43 billion, a price-to-earnings ratio of 35.72, a price-to-earnings-growth ratio of 2.20 and a beta of 1.21. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The business’s fifty day moving average is $156.25 and its 200 day moving average is $147.55.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The business had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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 expect that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a dividend of $0.5550 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, August 14th. Emerson Electric’s payout ratio is 48.58%.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the company’s stock in a transaction that occurred 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 owned 271,743 shares of the company’s stock, valued at $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 SEC, which is available through this hyperlink. Company insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

EMR has been the topic of a number of analyst reports. Sanford C. Bernstein increased their target price on shares of Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Evercore dropped their price target on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Monday, August 31st. Citigroup boosted their price target on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Rothschild & Co Redburn increased their price target on Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Finally, Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $172.17.

Emerson Electric Profile

Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.