Emerson Electric (NYSE:EMR – Free Report) had its price target boosted by Royal Bank Of Canada from $179.00 to $188.00 in a research note published on Wednesday,Benzinga reports. The brokerage currently has an outperform rating on the industrial products company’s stock.
Other analysts have also issued research reports about the stock. Sanford C. Bernstein boosted their price objective 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. Morgan Stanley raised their target price on shares of Emerson Electric from $125.00 to $135.00 and gave the company an “underweight” rating in a research report on Friday, August 28th. TD Cowen lifted their price target on shares of Emerson Electric from $150.00 to $170.00 and gave the company a “hold” rating in a research note on Friday, September 25th. Wells Fargo & Company began coverage on shares of Emerson Electric in a research note on Friday, September 25th. They issued an “overweight” rating and a $177.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Emerson Electric from $169.00 to $174.00 and gave the stock a “hold” rating in a research report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and an average price target of $171.75.
Get Our Latest Stock Analysis on Emerson Electric
Emerson Electric Stock Down 0.5%
Shares of Emerson Electric stock opened at $161.41 on Wednesday. The business’s 50 day simple moving average is $156.30 and its 200 day simple moving average is $146.76. Emerson Electric has a 52-week low of $122.64 and a 52-week high of $166.35. The firm has a market cap of $90.41 billion, a PE ratio of 25.62, a P/E/G ratio of 2.24 and a beta of 1.21. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.
Emerson Electric (NYSE:EMR – Get Free Report) last released its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The firm had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter in the previous year, the business posted $1.52 EPS. The business’s quarterly revenue was up .0% compared to the same quarter last year. 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. On average, analysts predict that Emerson Electric will post 6.55 earnings per share for the current fiscal year.
Emerson Electric Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders 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 dividend yield of 1.4%. Emerson Electric’s dividend payout ratio is currently 48.58%.
Insider Activity
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 owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.23% of the stock is currently owned by corporate insiders.
Institutional Trading of Emerson Electric
Several institutional investors and hedge funds have recently added to or reduced their stakes in EMR. PensionDanmark Pensionsforsikringsaktieselskab boosted its holdings in shares of Emerson Electric by 9.4% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock worth $14,563,000 after buying an additional 8,700 shares during the period. BlackRock Inc. acquired a new position in Emerson Electric in the 2nd quarter valued at about $6,193,425,000. Corient Private Wealth LP bought a new position in Emerson Electric in the 2nd quarter valued at about $129,817,000. Generali Investments Management Co LLC raised its holdings in Emerson Electric by 91.2% in the 2nd quarter. Generali Investments Management Co LLC now owns 31,339 shares of the industrial products company’s stock valued at $4,486,000 after acquiring an additional 14,952 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its position in Emerson Electric by 21.5% during the second quarter. Concurrent Investment Advisors LLC now owns 66,724 shares of the industrial products company’s stock worth $9,552,000 after acquiring an additional 11,802 shares during the last quarter. 74.30% of the stock is owned by institutional investors.
About Emerson Electric
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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