Emerson Electric Co. $EMR Stock Acquired by Vise Technologies Inc.

Vise Technologies Inc. boosted its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 6.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 74,228 shares of the industrial products company’s stock after purchasing an additional 4,437 shares during the quarter. Vise Technologies Inc.’s holdings in Emerson Electric were worth $11,513,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in EMR. BlackRock Inc. bought a new position in shares of Emerson Electric during the 2nd quarter worth approximately $6,193,425,000. Bank of America Corp DE bought a new stake in shares of Emerson Electric in the 2nd quarter valued at $2,629,146,000. Bank of New York Mellon Corp bought a new stake in shares of Emerson Electric in the 2nd quarter valued at $659,000,000. Legal & General Group Plc bought a new stake in shares of Emerson Electric in the 2nd quarter valued at $613,846,000. Finally, Jupiter Topco LLC acquired a new position in shares of Emerson Electric during the 2nd quarter valued at $260,485,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Morgan Stanley upped their price objective on shares of Emerson Electric from $135.00 to $145.00 and gave the company an “underweight” rating in a report on Monday, October 19th. Stephens raised their target price on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft upped their price target on Emerson Electric from $169.00 to $174.00 and gave the stock a “hold” rating in a research note on Wednesday, September 30th. Finally, Weiss Ratings raised Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $172.17.

Get Our Latest Stock Report on Emerson Electric

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.23% of the company’s stock.

Emerson Electric Stock Performance

EMR opened at $164.54 on Monday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $171.25. The company has a market cap of $92.16 billion, a price-to-earnings ratio of 36.00, a PEG ratio of 2.29 and a beta of 1.23. The company’s fifty day moving average price is $157.06 and its two-hundred day moving average price is $147.16. 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 – Get 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 analysts’ consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business’s revenue was up .0% on a year-over-year basis. During the same period last year, the company 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. On average, analysts expect that Emerson Electric Co. will post 6.56 EPS for the current fiscal 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 given a $0.5550 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.22 annualized dividend and a yield of 1.3%. Emerson Electric’s dividend payout ratio (DPR) is presently 48.58%.

Emerson Electric Company Profile

(Free Report)

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.

See Also

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

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