Emerson Electric (NYSE:EMR – Get Free Report) had its target price raised by investment analysts at JPMorgan Chase & Co. from $169.00 to $184.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 13.81% from the stock’s previous close.
Other equities analysts have also issued research reports about the company. DA Davidson increased their target price on Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, August 24th. Sanford C. Bernstein lifted their price target on shares of Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Rothschild & Co Redburn lifted their target price on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft lifted their price objective on Emerson Electric from $169.00 to $174.00 and gave the company a “hold” rating in a report on Wednesday, September 30th. Finally, Royal Bank Of Canada upped their price target on shares of Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $171.00.
Read Our Latest Stock Report on Emerson Electric
Emerson Electric Price Performance
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.52 EPS. 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 research analysts predict that Emerson Electric will post 6.55 EPS for the current fiscal year.
Insider Buying and Selling at Emerson Electric
In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were 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 owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.23% of the company’s stock.
Institutional Trading of Emerson Electric
Several hedge funds and other institutional investors have recently bought and sold shares of the business. ABS Investment Management LLC bought a new stake in shares of Emerson Electric in the second quarter valued at approximately $858,900,000. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric during the 4th quarter worth $25,000. Allied Private Wealth LLC acquired a new position in Emerson Electric in the second quarter valued at about $27,000. Orion Capital Management LLC acquired a new stake in Emerson Electric during the second quarter worth about $29,000. Finally, Clal Insurance Enterprises Holdings Ltd bought a new position in Emerson Electric in the 2nd quarter valued at about $30,000. 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 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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