NewEdge Advisors LLC Grows Holdings in Emerson Electric Co. $EMR

NewEdge Advisors LLC increased its position in shares of Emerson Electric Co. (NYSE:EMR) by 4.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 438,351 shares of the industrial products company’s stock after acquiring an additional 16,806 shares during the quarter. NewEdge Advisors LLC’s holdings in Emerson Electric were worth $62,750,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. California State Teachers Retirement System grew its holdings in Emerson Electric by 13,979.4% in the 2nd quarter. California State Teachers Retirement System now owns 118,758,958 shares of the industrial products company’s stock valued at $17,000,345,000 after buying an additional 117,915,465 shares during the period. BlackRock Inc. acquired a new position in Emerson Electric during the second quarter worth approximately $6,193,425,000. Bank of America Corp DE purchased a new position in Emerson Electric during the second quarter worth approximately $2,629,146,000. Norges Bank purchased a new stake in shares of Emerson Electric during the 4th quarter valued at $1,050,040,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Emerson Electric in the 2nd quarter worth $659,000,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Insider Transactions at Emerson Electric

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.23% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. KeyCorp reduced their price objective 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. DA Davidson raised their price target on shares of Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, August 24th. Daiwa Securities Group decreased their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Stephens lifted their target price on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Finally, BNP Paribas Exane increased their price target on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $167.83.

Emerson Electric Trading Down 0.5%

NYSE EMR opened at $152.12 on Wednesday. The company’s fifty day moving average price is $149.73 and its two-hundred day moving average price is $143.45. The company has a market capitalization of $85.20 billion, a price-to-earnings ratio of 33.29, a price-to-earnings-growth ratio of 2.29 and a beta of 1.24. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $166.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66.

Emerson Electric (NYSE:EMR) last released its 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 company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter last year, the business posted $1.52 EPS. Emerson Electric’s quarterly revenue was up .0% compared to the same quarter last year. 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, research analysts predict that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

Emerson Electric Profile

Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.