Emerson Electric (NYSE:EMR – Get Free Report) had its target price cut by stock analysts at Wells Fargo & Company from $160.00 to $135.00 in a report issued on Wednesday,MarketScreener reports. The firm currently has an “equal weight” rating on the industrial products company’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 1.80% from the company’s current price.
Other analysts have also issued research reports about the company. Stephens boosted their price target on Emerson Electric from $145.00 to $155.00 and gave the company an “equal weight” rating in a research note on Monday, February 9th. Rothschild & Co Redburn lifted their price objective on Emerson Electric from $154.00 to $165.00 and gave the company a “buy” rating in a report on Monday, February 9th. BMO Capital Markets began coverage on shares of Emerson Electric in a report on Friday, March 27th. They issued a “market perform” rating and a $150.00 target price on the stock. Morgan Stanley lifted their price target on shares of Emerson Electric from $115.00 to $125.00 and gave the company an “underweight” rating in a report on Friday, January 9th. Finally, Daiwa Securities Group raised their price objective on shares of Emerson Electric from $153.00 to $177.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $163.43.
Read Our Latest Research Report on EMR
Emerson Electric Price Performance
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.05. The firm had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.37 billion. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.38 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. Analysts forecast that Emerson Electric will post 5.96 earnings per share for the current year.
Insider Buying and Selling at Emerson Electric
In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the sale, the chief executive officer directly owned 281,393 shares of the company’s stock, valued at $40,047,851.76. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Matthew S. Levatich sold 1,476 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total transaction of $239,348.16. Following the completion of the sale, the director directly owned 24,349 shares of the company’s stock, valued at approximately $3,948,433.84. This represents a 5.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 13,879 shares of company stock worth $2,116,818. 0.23% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Emerson Electric
Several hedge funds and other institutional investors have recently made changes to their positions in EMR. Rooted Wealth Advisors Inc. boosted its holdings in Emerson Electric by 3.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after buying an additional 64 shares during the last quarter. Institute for Wealth Management LLC. raised its position in shares of Emerson Electric by 1.6% in the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after acquiring an additional 71 shares during the period. Cary Street Partners Investment Advisory LLC boosted its stake in Emerson Electric by 2.4% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock worth $411,000 after acquiring an additional 72 shares during the last quarter. Cornell Pochily Investment Advisors Inc. grew its holdings in Emerson Electric by 0.3% during the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock valued at $3,883,000 after purchasing an additional 76 shares during the period. Finally, Zhang Financial LLC increased its stake in Emerson Electric by 2.7% in the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock valued at $384,000 after purchasing an additional 76 shares in the last quarter. 74.30% of the stock is 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.
Further Reading
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