Emerson Electric (NYSE:EMR) Hits New 12-Month High – Here’s What Happened

Emerson Electric Co. (NYSE:EMR) hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $166.57 and last traded at $166.2780, with a volume of 1,514,838 shares traded. The stock had previously closed at $161.70.

Analyst Ratings Changes

Several brokerages recently issued reports on EMR. Wells Fargo & Company started coverage on shares of Emerson Electric in a report on Friday, September 25th. They set an “overweight” rating and a $177.00 price objective on the stock. BMO Capital Markets lifted their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Evercore cut 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. Finally, Morgan Stanley boosted their target price on shares of Emerson Electric from $135.00 to $145.00 and gave the company an “underweight” rating in a research report on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $172.17.

Emerson Electric Trading Up 1.2%

The company has a market capitalization of $95.08 billion, a price-to-earnings ratio of 37.13, a PEG ratio of 2.22 and a beta of 1.21. The company has a fifty day moving average of $156.60 and a 200-day moving average of $146.93. 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) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The business’s revenue was up .0% on a year-over-year basis. During the same period in the previous year, the company posted $1.52 earnings per share. 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. As a group, equities research analysts anticipate that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were issued a dividend of $0.5550 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the 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 sale, the chief executive officer directly 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 sale was disclosed in a document filed with the SEC, which is available at this link. 0.23% of the stock is owned by insiders.

Institutional Trading of Emerson Electric

Several institutional investors and hedge funds have recently bought and sold shares of EMR. BlackRock Inc. bought a new stake in shares of Emerson Electric in the second quarter worth $6,193,425,000. Bank of America Corp DE bought a new position in shares of Emerson Electric during the second quarter worth about $2,629,146,000. Bank of New York Mellon Corp acquired a new position in Emerson Electric in the second quarter worth about $659,000,000. Legal & General Group Plc bought a new stake in Emerson Electric in the second quarter valued at about $613,846,000. Finally, Jupiter Topco LLC bought a new position in Emerson Electric during the 2nd quarter worth approximately $260,485,000. Hedge funds and other 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.