Rep. Robert Bresnahan, Jr. Buys Emerson Electric Co. (NYSE:EMR) Shares

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Emerson Electric Co. (NYSE:EMR). In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Emerson Electric stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
  • Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
  • Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
  • Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
  • Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
  • Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
  • Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
  • Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
  • Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
  • Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

Emerson Electric Price Performance

Shares of NYSE:EMR opened at $108.56 on Friday. The business has a 50-day moving average of $120.75 and a two-hundred day moving average of $119.47. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. Emerson Electric Co. has a fifty-two week low of $96.62 and a fifty-two week high of $134.85. The stock has a market capitalization of $61.22 billion, a P/E ratio of 25.91, a P/E/G ratio of 2.49 and a beta of 1.36.

Emerson Electric (NYSE:EMRGet Free Report) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. On average, equities research analysts predict that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were paid a dividend of $0.5275 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.11 annualized dividend and a dividend yield of 1.94%. Emerson Electric’s dividend payout ratio (DPR) is 50.36%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on EMR. Daiwa Capital Markets started coverage on Emerson Electric in a report on Tuesday, January 28th. They set an “outperform” rating and a $147.00 price objective on the stock. Citigroup initiated coverage on shares of Emerson Electric in a research note on Monday, March 17th. They issued a “buy” rating and a $132.00 target price on the stock. Morgan Stanley boosted their price target on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a research report on Thursday, February 6th. JPMorgan Chase & Co. decreased their price target on Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Finally, KeyCorp boosted their price objective on Emerson Electric from $140.00 to $158.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.94.

Get Our Latest Stock Analysis on EMR

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Orion Capital Management LLC bought a new position in Emerson Electric in the fourth quarter valued at $25,000. Stephens Consulting LLC bought a new stake in Emerson Electric during the fourth quarter worth $25,000. Vega Investment Solutions acquired a new stake in Emerson Electric in the fourth quarter valued at $27,000. Sugar Maple Asset Management LLC bought a new position in shares of Emerson Electric in the 4th quarter valued at about $27,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in Emerson Electric in the 4th quarter valued at about $28,000. 74.30% of the stock is currently owned by institutional investors.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Emerson Electric Company Profile

(Get Free Report)

Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.

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