Emerson Electric (NYSE:EMR – Get Free Report) had its target price upped by analysts at Royal Bank Of Canada from $188.00 to $196.00 in a report issued on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the industrial products company’s stock. Royal Bank Of Canada‘s target price would suggest a potential upside of 18.96% from the company’s previous close.
EMR has been the topic of several other reports. Evercore lowered their price target on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating on the stock in a report on Monday, August 31st. Rothschild & Co Redburn boosted their price objective on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. HSBC upped their target price on Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. BNP Paribas Exane lifted their price target on Emerson Electric from $185.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Wells Fargo & Company boosted their price target on Emerson Electric from $177.00 to $180.00 and gave the company an “overweight” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $174.71.
View Our Latest Report on Emerson Electric
Emerson Electric Stock Performance
Shares of EMR traded down $5.67 during trading hours on Thursday, reaching $164.77. 3,360,101 shares of the company traded hands, compared to its average volume of 2,974,122. The stock has a market capitalization of $92.29 billion, a P/E ratio of 35.85, a P/E/G ratio of 2.35 and a beta of 1.23. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. Emerson Electric has a 12-month low of $122.64 and a 12-month high of $172.00. The business has a fifty day moving average price of $157.73 and a 200-day moving average price of $147.46.
Emerson Electric (NYSE:EMR – Get Free Report) last released its earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.01. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The firm had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.11 billion. During the same period in the prior year, the firm earned $1.62 EPS. The firm’s revenue was up .0% on a year-over-year basis. Equities analysts anticipate that Emerson Electric will post 6.56 EPS for the current fiscal year.
Insider Activity
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 transaction 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 $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. Raleigh Capital Management Inc. boosted its stake in shares of Emerson Electric by 21.0% in the third quarter. Raleigh Capital Management Inc. now owns 363 shares of the industrial products company’s stock worth $56,000 after acquiring an additional 63 shares during the last quarter. SeaCrest Wealth Management LLC raised its stake in Emerson Electric by 1.1% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 5,828 shares of the industrial products company’s stock valued at $904,000 after purchasing an additional 64 shares during the last quarter. TOWER TRUST & INVESTMENT Co raised its stake in Emerson Electric by 0.8% in the 3rd quarter. TOWER TRUST & INVESTMENT Co now owns 8,238 shares of the industrial products company’s stock valued at $1,278,000 after purchasing an additional 66 shares during the last quarter. Forvis Mazars Wealth Advisors LLC lifted its holdings in Emerson Electric by 0.6% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 12,044 shares of the industrial products company’s stock valued at $1,868,000 after purchasing an additional 67 shares in the last quarter. Finally, Raiffeisen Bank International AG lifted its holdings in Emerson Electric by 0.5% in the 2nd quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company’s stock valued at $2,110,000 after purchasing an additional 68 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.
More Emerson Electric News
Here are the key news stories impacting Emerson Electric this week:
- Positive Sentiment: Fiscal Q4 adjusted EPS was $1.86 versus the $1.85 consensus, while revenue of $5.20 billion topped estimates of $5.11 billion. Orders rose 14%, and Emerson forecast about 5% sales growth in fiscal 2027. Emerson Q4 results and outlook
- Positive Sentiment: Emerson raised its quarterly dividend 7.2%, to $0.595 per share, extending its long record of annual dividend increases. Dividend and FY27 outlook
- Positive Sentiment: Analysts lifted price targets: BNP Paribas Exane and Jefferies to $200, KeyCorp to $200, Bernstein to $196, and Wells Fargo to $180; the firms maintained positive ratings. Jefferies price target update Bernstein price target update
- Neutral Sentiment: A Seeking Alpha analysis cited LNG investment and reshoring as potential growth tailwinds, while noting that the stock’s valuation is rich. Analysis of Emerson’s growth tailwinds and valuation
- Negative Sentiment: The earnings beat and stronger orders were offset by reports describing the fiscal 2027 outlook as cautious. That guidance, alongside valuation concerns, may help explain why investors reacted negatively despite the solid results. Earnings beat and cautious outlook
Emerson Electric Company Profile
Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.
The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.
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