Modera Wealth Management LLC Sells 4,155 Shares of Emerson Electric Co. $EMR

Modera Wealth Management LLC cut its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 2.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 186,076 shares of the industrial products company’s stock after selling 4,155 shares during the period. Modera Wealth Management LLC’s holdings in Emerson Electric were worth $28,860,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in Emerson Electric by 9.4% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock worth $14,563,000 after buying an additional 8,700 shares during the last quarter. BlackRock Inc. purchased a new position in shares of Emerson Electric during the second quarter worth approximately $6,193,425,000. Corient Private Wealth LP purchased a new position in Emerson Electric during the 2nd quarter worth $129,817,000. Generali Investments Management Co LLC grew its holdings in shares of Emerson Electric by 91.2% during the second quarter. Generali Investments Management Co LLC now owns 31,339 shares of the industrial products company’s stock worth $4,486,000 after buying an additional 14,952 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of Emerson Electric by 21.5% in the second quarter. Concurrent Investment Advisors LLC now owns 66,724 shares of the industrial products company’s stock valued at $9,552,000 after purchasing an additional 11,802 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

EMR has been the subject of several analyst reports. Evercore cut their price target on Emerson Electric from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Monday, August 31st. BMO Capital Markets lifted their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Weiss Ratings raised shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. KeyCorp cut 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 report on Monday, July 13th. Finally, DA Davidson upped their price objective on shares of Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, August 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $172.17.

Insiders Place Their Bets

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is owned by corporate insiders.

Emerson Electric Price Performance

Shares of EMR opened at $164.54 on Friday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $171.25. The stock’s 50 day moving average is $157.06 and its two-hundred day moving average is $147.16. The firm has a market capitalization of $92.16 billion, a PE ratio of 36.00, a P/E/G ratio of 2.37 and a beta of 1.21. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37.

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

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were paid a $0.5550 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.3%. Emerson Electric’s payout ratio is 48.58%.

About Emerson Electric

Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.