Commerzbank Aktiengesellschaft FI grew its position in Emerson Electric Co. (NYSE:EMR – Free Report) by 15.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 25,197 shares of the industrial products company’s stock after purchasing an additional 3,450 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Emerson Electric were worth $3,306,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in EMR. Darwin Wealth Management LLC bought a new stake in Emerson Electric during the 2nd quarter worth about $29,000. Winnow Wealth LLC acquired a new stake in shares of Emerson Electric during the 2nd quarter worth approximately $34,000. PFS Partners LLC raised its stake in shares of Emerson Electric by 65.9% during the second quarter. PFS Partners LLC now owns 272 shares of the industrial products company’s stock worth $36,000 after buying an additional 108 shares during the last quarter. Traub Capital Management LLC acquired a new position in Emerson Electric in the second quarter valued at approximately $37,000. Finally, Princeton Global Asset Management LLC bought a new position in Emerson Electric in the second quarter valued at approximately $38,000. Institutional investors and hedge funds own 74.30% of the company’s stock.
Insider Transactions at Emerson Electric
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of Emerson Electric stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $133.00, for a total value of $965,979.00. Following the sale, the chief executive officer owned 196,292 shares of the company’s stock, valued at $26,106,836. This trade represents a 3.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.23% of the company’s stock.
Emerson Electric Trading Down 1.7%
Emerson Electric (NYSE:EMR – Get Free Report) last posted its earnings results on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.62. Emerson Electric had a return on equity of 15.87% and a net margin of 12.73%.The business had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.91 billion. During the same period in the prior year, the business earned $1.48 EPS. Emerson Electric’s revenue for the quarter was up 5.1% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. Sell-side analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.
Emerson Electric announced that its board has approved a stock buyback plan on Wednesday, November 5th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the industrial products company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.
Emerson Electric Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were paid a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, November 14th. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s dividend payout ratio (DPR) is currently 54.95%.
Wall Street Analysts Forecast Growth
EMR has been the subject of several recent research reports. JPMorgan Chase & Co. upped their target price on shares of Emerson Electric from $150.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft upped their price objective on Emerson Electric from $157.00 to $159.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Wells Fargo & Company raised their target price on Emerson Electric from $140.00 to $145.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 7th. Jefferies Financial Group upped their price target on Emerson Electric from $145.00 to $150.00 and gave the company a “hold” rating in a research note on Thursday, January 15th. Finally, Royal Bank Of Canada reduced their price objective on shares of Emerson Electric from $155.00 to $153.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $154.76.
View Our Latest Stock Analysis on EMR
About Emerson Electric
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.
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