Emerson Electric (NYSE:EMR – Get Free Report) was upgraded by equities researchers at Sanford C. Bernstein to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.
A number of other equities research analysts also recently weighed in on the company. Jefferies Financial Group began coverage on Emerson Electric in a research report on Tuesday, March 31st. They set a “buy” rating and a $175.00 target price for the company. Royal Bank Of Canada upped their price objective on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. BMO Capital Markets increased their price target on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Daiwa Securities Group dropped their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Finally, Wolfe Research lowered their target price on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $163.77.
Check Out Our Latest Research Report on EMR
Emerson Electric Price Performance
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.48 earnings per share. 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. Equities research analysts forecast that Emerson Electric will post 6.49 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Emerson Electric
Hedge funds have recently modified their holdings of the company. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric during the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric during the 4th quarter worth about $27,000. Motiv8 Investments LLC acquired a new position in Emerson Electric during the 4th quarter worth about $27,000. Darwin Wealth Management LLC acquired a new position in Emerson Electric during the 2nd quarter worth about $29,000. Finally, Ares Financial Consulting LLC acquired a new position in Emerson Electric during the 4th quarter worth about $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.
Emerson Electric Company 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.
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