Soltis Investment Advisors LLC grew its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 66.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,628 shares of the industrial products company’s stock after buying an additional 4,224 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Emerson Electric were worth $1,648,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. United Asset Strategies Inc. boosted its holdings in Emerson Electric by 1.0% during the third quarter. United Asset Strategies Inc. now owns 7,040 shares of the industrial products company’s stock valued at $1,092,000 after purchasing an additional 69 shares in the last quarter. Choreo LLC raised its holdings in shares of Emerson Electric by 4.1% in the 3rd quarter. Choreo LLC now owns 40,202 shares of the industrial products company’s stock worth $6,235,000 after buying an additional 1,601 shares in the last quarter. Interchange Capital Partners LLC lifted its position in shares of Emerson Electric by 23.4% during the 3rd quarter. Interchange Capital Partners LLC now owns 4,440 shares of the industrial products company’s stock worth $690,000 after buying an additional 841 shares during the period. Livelsberger Financial Advisory bought a new position in shares of Emerson Electric during the 3rd quarter worth approximately $141,000. Finally, TOWER TRUST & INVESTMENT Co boosted its stake in Emerson Electric by 0.8% in the 3rd quarter. TOWER TRUST & INVESTMENT Co now owns 8,238 shares of the industrial products company’s stock valued at $1,278,000 after buying an additional 66 shares in the last quarter. 74.30% of the stock is owned by institutional investors.
Emerson Electric Stock Performance
NYSE:EMR opened at $164.54 on Friday. The stock has a market capitalization of $92.16 billion, a P/E ratio of 36.00, a price-to-earnings-growth ratio of 2.37 and a beta of 1.21. 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 $171.25. The firm has a 50 day moving average of $157.06 and a 200-day moving average of $147.16.
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping 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 business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same period in the prior year, the company earned $1.52 EPS. Emerson Electric’s revenue for the quarter 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. As a group, sell-side analysts anticipate that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The firm also recently announced 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 1.3%. The ex-dividend date was Friday, August 14th. Emerson Electric’s dividend payout ratio is presently 48.58%.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on the company. JPMorgan Chase & Co. upped their price target on Emerson Electric from $169.00 to $184.00 and gave the company an “overweight” rating in a research report on Friday, October 9th. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Wells Fargo & Company started coverage on shares of Emerson Electric in a research note on Friday, September 25th. They issued an “overweight” rating and a $177.00 target price on the stock. HSBC upped their target price on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Emerson Electric from $169.00 to $174.00 and gave the stock a “hold” rating in a research report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $172.17.
Get Our Latest Stock Report on EMR
Insider Buying and Selling at Emerson Electric
In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’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 sale, the chief executive officer directly 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 sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.23% of the company’s stock.
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.
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