State of New Jersey Common Pension Fund D Sells 6,211 Shares of Emerson Electric Co. $EMR

State of New Jersey Common Pension Fund D decreased its holdings in Emerson Electric Co. (NYSE:EMRFree Report) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 190,308 shares of the industrial products company’s stock after selling 6,211 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Emerson Electric were worth $25,258,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Institute for Wealth Management LLC. increased its holdings in shares of Emerson Electric by 1.6% in the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock worth $603,000 after purchasing an additional 71 shares in the last quarter. Cornell Pochily Investment Advisors Inc. increased its holdings in shares of Emerson Electric by 0.3% in the 4th quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock worth $3,883,000 after purchasing an additional 76 shares in the last quarter. Klingman & Associates LLC increased its holdings in shares of Emerson Electric by 1.4% in the 4th quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock worth $754,000 after purchasing an additional 78 shares in the last quarter. Atlas Legacy Advisors LLC grew its holdings in shares of Emerson Electric by 2.1% in the third quarter. Atlas Legacy Advisors LLC now owns 3,921 shares of the industrial products company’s stock worth $514,000 after acquiring an additional 79 shares during the period. Finally, Unison Advisors LLC grew its holdings in shares of Emerson Electric by 0.4% in the third quarter. Unison Advisors LLC now owns 21,496 shares of the industrial products company’s stock worth $2,820,000 after acquiring an additional 80 shares during the period. Institutional investors own 74.30% of the company’s stock.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of Emerson Electric stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, the chief executive officer directly owned 281,393 shares in the company, valued at approximately $40,047,851.76. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Matthew S. Levatich sold 1,476 shares of Emerson Electric stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total value of $239,348.16. Following the transaction, the director owned 24,349 shares in the company, valued at $3,948,433.84. This trade represents a 5.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 13,879 shares of company stock worth $2,116,818. Corporate insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EMR. Rothschild & Co Redburn lifted their price objective on Emerson Electric from $154.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, February 9th. HSBC lifted their price objective on Emerson Electric from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. BMO Capital Markets began coverage on Emerson Electric in a report on Friday, March 27th. They issued a “market perform” rating and a $150.00 price objective for the company. Wells Fargo & Company cut their price objective on Emerson Electric from $160.00 to $135.00 and set an “equal weight” rating for the company in a report on Wednesday, April 1st. Finally, Royal Bank Of Canada cut their price objective on Emerson Electric from $176.00 to $161.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Twelve investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $162.38.

Check Out Our Latest Report on Emerson Electric

Emerson Electric Price Performance

NYSE EMR opened at $140.73 on Friday. The company has a market capitalization of $79.09 billion, a PE ratio of 34.41, a price-to-earnings-growth ratio of 2.18 and a beta of 1.28. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.62 and a current ratio of 0.84. The business’s fifty day moving average is $138.85 and its 200 day moving average is $138.85. Emerson Electric Co. has a fifty-two week low of $104.52 and a fifty-two week high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.05. The company had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.37 billion. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.Emerson Electric’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business 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. Sell-side analysts predict that Emerson Electric Co. will post 6.5 earnings per share for the current year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 13th were given a dividend of $0.555 per share. The ex-dividend date was Friday, February 13th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s payout ratio is 54.28%.

About Emerson Electric

(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.

Further Reading

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

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