Allspring Global Investments Holdings LLC Trims Stock Position in Emerson Electric Co. $EMR

Allspring Global Investments Holdings LLC trimmed its holdings in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 4.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 398,432 shares of the industrial products company’s stock after selling 18,326 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Emerson Electric were worth $54,115,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new stake in Emerson Electric during the 2nd quarter valued at $29,000. Wealth Watch Advisors INC acquired a new position in shares of Emerson Electric in the third quarter worth $33,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Emerson Electric in the second quarter valued at $39,000. Financial Consulate Inc. acquired a new stake in shares of Emerson Electric during the third quarter valued at $41,000. Finally, Ameriflex Group Inc. increased its position in Emerson Electric by 96.4% during the 3rd quarter. Ameriflex Group Inc. now owns 326 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 160 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Emerson Electric

In other Emerson Electric news, VP Nicholas J. Piazza sold 6,703 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the completion of the sale, the vice president owned 31,664 shares of the company’s stock, valued at approximately $5,036,792.48. The trade was a 17.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total value of $811,224.00. Following the completion of the transaction, the chief executive officer owned 281,393 shares in the company, valued at approximately $40,047,851.76. This trade represents a 1.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 13,879 shares of company stock worth $2,116,818. 0.23% of the stock is owned by insiders.

Key Headlines Impacting Emerson Electric

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

Wall Street Analyst Weigh In

A number of research firms have issued reports on EMR. Morgan Stanley upped their target price on shares of Emerson Electric from $115.00 to $125.00 and gave the company an “underweight” rating in a report on Friday, January 9th. Jefferies Financial Group started coverage on shares of Emerson Electric in a research report on Tuesday. They issued a “buy” rating and a $175.00 price objective for the company. Weiss Ratings lowered shares of Emerson Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, February 4th. BMO Capital Markets initiated coverage on shares of Emerson Electric in a research note on Friday, March 27th. They issued a “market perform” rating and a $150.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft lowered Emerson Electric from a “buy” rating to a “hold” rating and set a $170.00 price target on the stock. in a research note on Thursday, February 5th. Twelve investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Emerson Electric presently has a consensus rating of “Hold” and an average price target of $163.43.

Get Our Latest Analysis on EMR

Emerson Electric Trading Up 1.0%

Shares of EMR stock opened at $132.35 on Thursday. The firm’s 50-day simple moving average is $143.35 and its 200-day simple moving average is $137.56. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62. Emerson Electric Co. has a 1-year low of $90.06 and a 1-year high of $165.15. The firm has a market cap of $74.38 billion, a P/E ratio of 32.36, a PEG ratio of 2.09 and a beta of 1.28.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly 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 firm had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.37 billion. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. Emerson Electric’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.38 earnings per share. 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. As a group, equities analysts forecast that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 13th were given a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, February 13th. Emerson Electric’s dividend payout ratio (DPR) is 54.28%.

About Emerson Electric

(Free Report)

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.

See Also

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

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