Emerson Electric (NYSE:EMR – Free Report) had its target price upped by Morgan Stanley from $135.00 to $145.00 in a research note issued to investors on Monday morning,Benzinga reports. The brokerage currently has an underweight rating on the industrial products company’s stock.
A number of other equities analysts have also recently weighed in on EMR. 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. Wells Fargo & Company started coverage on shares of Emerson Electric in a research report on Friday, September 25th. They issued an “overweight” rating and a $177.00 price objective for the company. Weiss Ratings upgraded shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Stephens raised their price objective on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Finally, Rothschild & Co Redburn lifted their target price on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. One research 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, the company presently has an average rating of “Moderate Buy” and a consensus target price of $172.17.
Read Our Latest Analysis on Emerson Electric
Emerson Electric Price Performance
Shares of EMR opened at $163.25 on Monday. The stock has a market cap of $91.43 billion, a P/E ratio of 35.72, a price-to-earnings-growth ratio of 2.20 and a beta of 1.21. Emerson Electric has a 1 year low of $122.64 and a 1 year high of $166.35. The stock’s 50-day moving average price is $156.25 and its two-hundred day moving average price is $147.55. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The company had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the prior year, the business posted $1.52 EPS. Emerson Electric’s revenue was up .0% on a year-over-year basis. 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, equities analysts predict that Emerson Electric will post 6.56 earnings per share for the current year.
Emerson Electric Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were issued a dividend of $0.5550 per share. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.
Insiders Place Their Bets
In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.23% of the company’s stock.
Institutional Investors Weigh In On Emerson Electric
Several large investors have recently made changes to their positions in EMR. Forvis Mazars Wealth Advisors LLC raised its stake in shares of 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 during the period. Raiffeisen Bank International AG boosted its position in shares of Emerson Electric by 0.5% during the second quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company’s stock worth $2,110,000 after buying an additional 68 shares during the period. Frank Rimerman Advisors LLC grew its holdings in shares of Emerson Electric by 1.3% during the third quarter. Frank Rimerman Advisors LLC now owns 5,526 shares of the industrial products company’s stock worth $857,000 after buying an additional 73 shares in the last quarter. Sapient Capital LLC grew its holdings in shares of Emerson Electric by 1.6% during the third quarter. Sapient Capital LLC now owns 4,850 shares of the industrial products company’s stock worth $752,000 after buying an additional 76 shares in the last quarter. Finally, Magnus Financial Group LLC raised its position in Emerson Electric by 3.9% in the 3rd quarter. Magnus Financial Group LLC now owns 2,053 shares of the industrial products company’s stock valued at $318,000 after buying an additional 78 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.
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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