Emerson Electric Co. $EMR Stock Acquired by StoneX Group Inc.

StoneX Group Inc. raised its stake in Emerson Electric Co. (NYSE:EMR) by 29.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 26,058 shares of the industrial products company’s stock after purchasing an additional 5,907 shares during the quarter. StoneX Group Inc.’s holdings in Emerson Electric were worth $4,028,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. ABS Investment Management LLC bought a new position in shares of Emerson Electric in the second quarter worth approximately $858,900,000. William Mack & Associates Inc. purchased a new position in shares of Emerson Electric in the third quarter worth $25,000. Financial Management Professionals Inc. raised its holdings in Emerson Electric by 100.0% during the 3rd quarter. Financial Management Professionals Inc. now owns 172 shares of the industrial products company’s stock valued at $27,000 after buying an additional 86 shares during the last quarter. Next Level Wealth Planning LLC bought a new stake in Emerson Electric during the 3rd quarter valued at $27,000. Finally, Quest 10 Wealth Builders Inc. boosted its position in Emerson Electric by 113.3% during the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 192 shares of the industrial products company’s stock valued at $30,000 after buying an additional 102 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Down 0.2%

Shares of NYSE EMR opened at $162.28 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.66 and a debt-to-equity ratio of 0.36. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $172.00. The firm has a market capitalization of $90.89 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 2.29 and a beta of 1.23. The firm has a fifty day simple moving average of $157.91 and a two-hundred day simple moving average of $147.61.

Emerson Electric (NYSE:EMR) last posted its earnings results on Wednesday, November 4th. The industrial products company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.85 by $0.01. Emerson Electric had a net margin of 14.15% and a return on equity of 18.08%. The firm had revenue of $5.20 billion during the quarter, compared to analysts’ expectations of $5.11 billion. During the same period last year, the company posted $1.62 EPS. The company’s quarterly revenue was up .0% compared to the same quarter last year. Equities analysts expect that Emerson Electric Co. will post 7.34 earnings per share for the current year.

Emerson Electric Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be issued a $0.5950 dividend. This represents a $2.38 annualized dividend and a yield of 1.5%. This is a boost from Emerson Electric’s previous quarterly dividend of $0.5550. The ex-dividend date is Friday, November 13th. Emerson Electric’s dividend payout ratio (DPR) is 46.44%.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction that occurred 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 sale, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

EMR has been the topic of a number of recent analyst reports. Evercore cut their price target on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating on the stock in a report on Monday, August 31st. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Emerson Electric from $169.00 to $174.00 and gave the company a “hold” rating in a research note on Wednesday, September 30th. HSBC boosted their price target on Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Royal Bank Of Canada upped their price target on Emerson Electric from $188.00 to $196.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Stephens increased their price objective on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $175.38.

Key Headlines Impacting Emerson Electric

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Emerson’s fourth-quarter results beat expectations, while orders rose 14%, pointing to solid demand. Emerson Q4 earnings beat as orders jump 14%
• Positive Sentiment: Several firms lifted their targets and maintained bullish ratings: BNP Paribas Exane and KeyCorp set targets of $200, Citigroup $198, and RBC and Bernstein $196. Jefferies also raised its target to $200. These revisions signal stronger analyst optimism. BNP Paribas Exane ratings Jefferies raises target
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. The increase supports the income-investor case, although the yield is relatively modest. Emerson raises dividend
• Neutral Sentiment: Recent coverage says analysts are broadly upbeat and cites LNG investment and reshoring as potential growth tailwinds, while acknowledging that the stock’s valuation is rich. Analyst estimates and ratings LNG and reshoring analysis
• Negative Sentiment: A separate Morgan Stanley forecast was characterized as pessimistic, providing a cautionary counterpoint to the recent analyst upgrades. Morgan Stanley forecast

About Emerson Electric

Emerson Electric Co is a global technology and engineering company focused on automation. It develops products and systems that help industrial and commercial customers monitor and control operations, including measurement instruments, control systems, valves, actuators, and industrial software.

The company serves customers across industries and regions worldwide. Its portfolio includes technologies for process and factory automation, as well as software used to design, operate, and optimize industrial facilities.

Founded in 1890 and headquartered in St.