Vise Technologies Inc. Acquires Shares of 69,791 Emerson Electric Co. $EMR

Vise Technologies Inc. acquired a new position in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 69,791 shares of the industrial products company’s stock, valued at approximately $9,991,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Emerson Electric during the second quarter worth about $6,193,425,000. Norges Bank acquired a new stake in Emerson Electric in the fourth quarter valued at about $1,050,040,000. Bank of New York Mellon Corp acquired a new position in Emerson Electric during the 2nd quarter worth approximately $659,000,000. Bank of America Corp DE increased its position in Emerson Electric by 13.1% during 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 during the period. Finally, Deutsche Bank AG purchased a new position in shares of Emerson Electric during the 2nd quarter worth approximately $211,212,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. DA Davidson initiated coverage on Emerson Electric in a report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 target price for the company. Barclays boosted their target price on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Rothschild & Co Redburn increased their price target on shares of Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Finally, KeyCorp reduced their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Thirteen 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $166.96.

Read Our Latest Report on EMR

Emerson Electric Stock Down 1.7%

Shares of NYSE EMR opened at $154.93 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The firm’s 50-day moving average is $147.76 and its two-hundred day moving average is $143.36. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $166.35. The company has a market capitalization of $86.78 billion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings data 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 business had revenue of $4.87 billion for the quarter, compared to the consensus estimate 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 was up .0% on a year-over-year basis. During the same period in the prior year, the business earned $1.52 earnings per share. 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. Equities analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Announces Dividend

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

Insider Buying and Selling at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction 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 approximately $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.23% of the stock is currently owned by insiders.

Emerson Electric Company Profile

(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.

See Also

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

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