77,636 Shares in Emerson Electric Co. $EMR Acquired by CIBC Bancorp USA Inc.

CIBC Bancorp USA Inc. acquired a new stake in Emerson Electric Co. (NYSE:EMR) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 77,636 shares of the industrial products company’s stock, valued at approximately $10,184,000.

A number of other hedge funds have also modified their holdings of EMR. Norges Bank acquired a new position in Emerson Electric during the second quarter worth about $918,830,000. JPMorgan Chase & Co. boosted its holdings in shares of Emerson Electric by 75.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,538,402 shares of the industrial products company’s stock worth $1,671,762,000 after purchasing an additional 5,371,585 shares during the last quarter. Schroder Investment Management Group increased its holdings in shares of Emerson Electric by 51.6% in the second quarter. Schroder Investment Management Group now owns 6,346,398 shares of the industrial products company’s stock valued at $846,165,000 after purchasing an additional 2,159,126 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Emerson Electric by 185.7% during the third quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after buying an additional 2,075,425 shares during the last quarter. Finally, Fisher Asset Management LLC grew its holdings in Emerson Electric by 43.0% in the 2nd quarter. Fisher Asset Management LLC now owns 5,193,448 shares of the industrial products company’s stock valued at $692,442,000 after buying an additional 1,561,600 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Wells Fargo & Company boosted their price target on shares of Emerson Electric from $145.00 to $160.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Citigroup increased their price target on shares of Emerson Electric from $165.00 to $174.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. HSBC upped their price objective on Emerson Electric from $165.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. lifted their target price on Emerson Electric from $150.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Finally, Barclays raised their price objective on Emerson Electric from $135.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 7th. Eleven 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.com, the company currently has a consensus rating of “Hold” and a consensus price target of $164.85.

Insider Activity at Emerson Electric

In related news, Director Matthew S. Levatich sold 1,476 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total transaction of $239,348.16. Following the transaction, the director owned 24,349 shares of the company’s stock, valued at $3,948,433.84. This represents a 5.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the sale, the chief executive officer owned 281,393 shares in the company, valued at $40,047,851.76. The trade was a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,879 shares of company stock worth $2,116,818 over the last three months. 0.23% of the stock is currently owned by corporate insiders.

Emerson Electric Price Performance

Emerson Electric stock opened at $128.12 on Friday. The business has a 50 day simple moving average of $146.41 and a 200-day simple moving average of $137.78. Emerson Electric Co. has a 12 month low of $90.06 and a 12 month high of $165.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62. The stock has a market capitalization of $72.00 billion, a PE ratio of 31.32, a price-to-earnings-growth ratio of 2.07 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.41 by $0.05. The company had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.37 billion. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The business’s revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the business earned $1.38 EPS. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. Equities analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th were paid a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, February 13th. Emerson Electric’s dividend payout ratio is 54.28%.

Emerson Electric Profile

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.