Emerson Electric Co. $EMR Shares Acquired by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC increased its position in shares of Emerson Electric Co. (NYSE:EMR) by 16.4% during the second quarter, Holdings Channel.com reports. The fund owned 93,359 shares of the industrial products company’s stock after acquiring an additional 13,137 shares during the quarter. Wedge Capital Management L L P NC’s holdings in Emerson Electric were worth $13,364,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of EMR. Norges Bank bought a new position in shares of Emerson Electric during the 4th quarter valued at about $1,050,040,000. Bank of America Corp DE raised its holdings in shares of 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. Janus Henderson Group PLC lifted its stake in Emerson Electric by 95.7% during the first quarter. Janus Henderson Group PLC now owns 2,207,707 shares of the industrial products company’s stock valued at $289,262,000 after purchasing an additional 1,079,665 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Emerson Electric by 17.8% during the fourth quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock worth $822,618,000 after buying an additional 938,051 shares in the last quarter. Finally, Fisher Asset Management LLC grew its position in Emerson Electric by 14.8% in the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after buying an additional 928,548 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Trading Down 0.3%

Emerson Electric stock opened at $163.92 on Thursday. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The firm has a market capitalization of $91.81 billion, a price-to-earnings ratio of 35.87, a P/E/G ratio of 2.44 and a beta of 1.24. The company has a 50 day moving average price of $145.39 and a 200 day moving average price of $142.88.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company’s revenue was up .0% on a year-over-year basis. During the same period in the previous year, the business 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. Research analysts forecast that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Dividend Announcement

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

Wall Street Analysts Forecast Growth

EMR has been the subject of a number of recent research reports. Citigroup increased their price objective on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Rothschild & Co Redburn boosted their target price on Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Stephens upped their target price on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target for the company in a research report on Friday, July 17th. Finally, KeyCorp dropped their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Emerson Electric has a consensus rating of “Moderate Buy” and an average price target of $166.22.

Emerson Electric 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.