Equities researchers at DA Davidson began coverage on shares of Emerson Electric (NYSE:EMR – Get Free Report) in a research report issued on Tuesday. The brokerage set a “neutral” rating and a $145.00 price target on the industrial products company’s stock. DA Davidson’s price objective would indicate a potential downside of 1.08% from the company’s previous close.
Other research analysts have also recently issued research reports about the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. Wolfe Research reduced their price target on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. BMO Capital Markets increased their price objective on shares of Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Sanford C. Bernstein started coverage on shares of Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 price objective for the company. Finally, Daiwa Securities Group dropped their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $162.96.
View Our Latest Stock Analysis on Emerson Electric
Emerson Electric Price Performance
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The firm had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the company posted $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. As a group, sell-side analysts predict that Emerson Electric will post 6.49 earnings per share for the current year.
Institutional Investors Weigh In On Emerson Electric
Hedge funds have recently added to or reduced their stakes in the business. Murphy Middleton Hinkle & Parker Inc. raised its holdings in Emerson Electric by 229.1% during the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock valued at $6,167,000 after buying an additional 32,346 shares during the last quarter. Vanguard Group Inc. raised its holdings in Emerson Electric by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock valued at $7,127,132,000 after buying an additional 201,040 shares during the last quarter. Elo Mutual Pension Insurance Co raised its holdings in Emerson Electric by 26.6% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 67,546 shares of the industrial products company’s stock valued at $8,861,000 after buying an additional 14,210 shares during the last quarter. Empirical Asset Management LLC bought a new stake in Emerson Electric during the 3rd quarter valued at $1,738,000. Finally, Forbes J M & Co. LLP raised its holdings in Emerson Electric by 692.5% during the 4th quarter. Forbes J M & Co. LLP now owns 95,811 shares of the industrial products company’s stock valued at $12,716,000 after buying an additional 83,721 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.
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.
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