Emerson Electric (NYSE:EMR) Price Target Raised to $174.00
by Amy Steele · The Cerbat GemEmerson Electric (NYSE:EMR – Free Report) had its price objective raised by Deutsche Bank Aktiengesellschaft from $169.00 to $174.00 in a research note issued to investors on Wednesday. The firm currently has a hold rating on the industrial products company’s stock.
Several other research analysts have also weighed in on the company. Wells Fargo & Company initiated coverage on Emerson Electric in a research report on Friday, September 25th. They issued an “overweight” rating and a $177.00 price objective for the company. TD Cowen raised their target price on Emerson Electric from $150.00 to $170.00 and gave the stock a “hold” rating in a research note on Friday, September 25th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price for the company in a report on Friday, July 17th. Rothschild & Co Redburn boosted their price target on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Finally, BMO Capital Markets raised their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and an average price target of $169.83.
Emerson Electric Stock Up 2.0%
Emerson Electric stock opened at $161.74 on Wednesday. The firm has a market cap of $90.59 billion, a price-to-earnings ratio of 35.39, a PEG ratio of 2.19 and a beta of 1.21. Emerson Electric has a 52-week low of $122.64 and a 52-week high of $166.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The firm has a 50 day moving average price of $154.76 and a two-hundred day moving average price of $144.53.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same period in the prior year, the firm posted $1.52 EPS. The company’s quarterly revenue was up .0% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. Equities analysts predict that Emerson Electric will post 6.55 EPS for the current year.
Emerson Electric Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were paid a dividend of $0.5550 per share. The ex-dividend date was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s payout ratio is 48.58%.
Insider Buying and Selling
In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the sale, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.23% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of EMR. BlackRock Inc. purchased a new stake in shares of Emerson Electric during the second quarter valued at approximately $6,193,425,000. State Street Corp increased its stake in shares of Emerson Electric by 1.5% in the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock worth $3,962,177,000 after buying an additional 403,957 shares during the period. Bank of America Corp DE raised its holdings in Emerson Electric by 13.1% during the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock valued at $2,612,780,000 after buying an additional 2,302,055 shares during the last quarter. Wells Fargo & Company MN boosted its position in Emerson Electric by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 10,840,109 shares of the industrial products company’s stock valued at $1,438,699,000 after buying an additional 134,049 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Emerson Electric by 1.9% in the 1st quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock worth $827,478,000 after acquiring an additional 117,513 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Emerson Electric Company Profile
Emerson Electric Co is a global technology and engineering company that provides products, software and services for industrial, commercial and residential applications. Its offerings help customers automate processes, measure and control operations, improve equipment performance, and manage complex industrial systems.
The company’s portfolio includes process-control and automation systems, industrial software, measurement and analytical instruments, control valves, regulators, electrical equipment, and related services.
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