Miller Investment Management LP Trims Position in Emerson Electric Co. $EMR

Miller Investment Management LP trimmed its stake in Emerson Electric Co. (NYSE:EMR) by 37.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 18,970 shares of the industrial products company’s stock after selling 11,405 shares during the period. Miller Investment Management LP’s holdings in Emerson Electric were worth $2,488,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Brighton Jones LLC increased its holdings in Emerson Electric by 74.1% during the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock worth $1,412,000 after purchasing an additional 4,850 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in shares of Emerson Electric during the 1st quarter worth $232,000. Caxton Associates LLP purchased a new position in shares of Emerson Electric during the first quarter valued at $275,000. Sivia Capital Partners LLC purchased a new stake in Emerson Electric in the second quarter worth about $203,000. Finally, Ignite Planners LLC bought a new position in Emerson Electric during the 2nd quarter worth about $237,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Nicholas J. Piazza sold 6,703 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $159.07, for a total value of $1,066,246.21. Following the transaction, the vice president directly owned 31,664 shares of the company’s stock, valued at $5,036,792.48. This represents a 17.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Matthew S. Levatich sold 1,476 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total value of $239,348.16. Following the completion of the transaction, the director owned 24,349 shares of the company’s stock, valued at $3,948,433.84. This trade represents a 5.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 15,442 shares of company stock valued at $2,271,573 over the last ninety days. 0.23% of the stock is currently owned by insiders.

Emerson Electric Trading Down 2.2%

Shares of NYSE:EMR opened at $145.39 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62. The firm has a market capitalization of $81.71 billion, a P/E ratio of 35.55, a P/E/G ratio of 2.36 and a beta of 1.26. The business’s 50-day moving average is $145.09 and its 200 day moving average is $136.82. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $165.15.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.05. The business had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.37 billion. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The company’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.38 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. On average, research analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric declared that its board has initiated a share repurchase program on Wednesday, November 5th that allows the company to buyback $0.00 in shares. This buyback authorization allows the industrial products company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th will be paid a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, February 13th. Emerson Electric’s payout ratio is presently 54.28%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on EMR shares. Wolfe Research boosted their price target on shares of Emerson Electric from $172.00 to $177.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Citigroup boosted their price objective on shares of Emerson Electric from $165.00 to $174.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Loop Capital lifted their price target on Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Wells Fargo & Company upped their price objective on Emerson Electric from $145.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Finally, Jefferies Financial Group raised their price objective on Emerson Electric from $150.00 to $160.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Eleven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $164.90.

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.