Emerson Electric (NYSE:EMR) Upgraded by Sanford C. Bernstein to Strong-Buy Rating

Sanford C. Bernstein upgraded shares of Emerson Electric (NYSE:EMR) to a strong-buy rating in a research report released on Tuesday morning,Zacks.com reports.

Several other brokerages also recently weighed in on EMR. Rothschild & Co Redburn boosted their price target on Emerson Electric from $154.00 to $165.00 and gave the company a “buy” rating in a report on Monday, February 9th. Loop Capital boosted their price objective on shares of Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Wells Fargo & Company boosted their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Daiwa Securities Group lowered 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. Finally, BMO Capital Markets boosted their price objective on shares of Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average price target of $163.77.

Emerson Electric Trading Down 3.7%

Shares of Emerson Electric stock opened at $137.16 on Tuesday. The business has a 50 day moving average price of $139.29 and a 200 day moving average price of $140.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. The company has a market capitalization of $76.82 billion, a P/E ratio of 31.68, a P/E/G ratio of 2.27 and a beta of 1.25. Emerson Electric has a 1 year low of $122.64 and a 1 year high of $165.15.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.01. The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.Emerson Electric’s revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.48 EPS. 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. Sell-side analysts anticipate that Emerson Electric will post 6.49 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were given a $0.555 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EMR. Norges Bank acquired a new position in shares of Emerson Electric during the fourth quarter worth about $1,050,040,000. Bank of America Corp DE lifted its stake in shares of Emerson Electric by 13.1% during the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after purchasing an additional 2,302,055 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Emerson Electric by 185.7% during the third quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after purchasing an additional 2,075,425 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of Emerson Electric by 95.7% during the first quarter. Janus Henderson Group PLC now owns 2,207,707 shares of the industrial products company’s stock worth $289,262,000 after purchasing an additional 1,079,665 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its stake in shares of Emerson Electric by 20.6% during the third quarter. Fisher Asset Management LLC now owns 6,262,570 shares of the industrial products company’s stock worth $821,524,000 after purchasing an additional 1,069,122 shares in the last quarter. 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 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.