Allstate Corp Buys 21,467 Shares of Emerson Electric Co. $EMR

Allstate Corp raised its stake in Emerson Electric Co. (NYSE:EMR) by 105.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,760 shares of the industrial products company’s stock after purchasing an additional 21,467 shares during the quarter. Allstate Corp’s holdings in Emerson Electric were worth $5,542,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Rooted Wealth Advisors Inc. boosted its stake in shares of Emerson Electric by 3.0% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after acquiring an additional 64 shares during the period. Institute for Wealth Management LLC. raised its holdings in Emerson Electric by 1.6% in the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after acquiring an additional 71 shares in the last quarter. Cornell Pochily Investment Advisors Inc. raised its holdings in Emerson Electric by 0.3% in the 4th quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock valued at $3,883,000 after acquiring an additional 76 shares in the last quarter. Klingman & Associates LLC raised its holdings in shares of Emerson Electric by 1.4% during the 4th quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock worth $754,000 after buying an additional 78 shares in the last quarter. Finally, Unison Advisors LLC raised its holdings in shares of Emerson Electric by 0.4% during the 3rd quarter. Unison Advisors LLC now owns 21,496 shares of the industrial products company’s stock worth $2,820,000 after buying an additional 80 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $140.99 on Wednesday. The stock has a fifty day simple moving average of $136.67 and a two-hundred day simple moving average of $139.40. Emerson Electric Co. has a 1-year low of $117.16 and a 1-year high of $165.15. The firm has a market cap of $78.97 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 2.18 and a beta of 1.26. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. During the same period in the prior year, the company earned $1.48 earnings per share. Emerson Electric’s revenue was up 2.9% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. Analysts anticipate that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be issued a $0.555 dividend. The ex-dividend date is Friday, May 15th. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. Emerson Electric’s payout ratio is currently 51.27%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on EMR. HSBC boosted their price target on Emerson Electric from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. KeyCorp upped their target price on Emerson Electric from $155.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Loop Capital upped their target price on Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Wells Fargo & Company upped their price target on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Finally, Rothschild & Co Redburn upped their price target on Emerson Electric from $154.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $163.24.

Insider Activity

In related news, 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 sale, the chief executive officer directly owned 281,393 shares of the company’s stock, valued at $40,047,851.76. This trade represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is owned by insiders.

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.