Emerson Electric (NYSE:EMR) Given New $196.00 Price Target at Sanford C. Bernstein

Emerson Electric (NYSE:EMR) had its target price boosted by stock analysts at Sanford C. Bernstein from $186.00 to $196.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Sanford C. Bernstein‘s price objective would indicate a potential upside of 19.73% from the company’s current price.

EMR has been the subject of a number of other reports. Weiss Ratings raised shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Emerson Electric from $169.00 to $174.00 and gave the company a “hold” rating in a research note on Wednesday, September 30th. BNP Paribas Exane upped their target price on Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. KeyCorp boosted their price objective on Emerson Electric from $170.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Mizuho upped their price objective on Emerson Electric from $173.00 to $180.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $173.75.

Emerson Electric Stock Performance

Shares of EMR traded down $6.74 during mid-day trading on Thursday, reaching $163.70. 1,974,708 shares of the company’s stock traded hands, compared to its average volume of 2,967,365. Emerson Electric has a 12 month low of $122.64 and a 12 month high of $172.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The stock has a market capitalization of $91.69 billion, a P/E ratio of 35.87, a price-to-earnings-growth ratio of 2.35 and a beta of 1.23. The business’s 50-day moving average price is $157.73 and its 200-day moving average price is $147.46.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.01. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The company had revenue of $5.20 billion during the quarter, compared to analyst estimates of $5.11 billion. During the same quarter in the previous year, the firm posted $1.62 EPS. The firm’s quarterly revenue was up .0% on a year-over-year basis. Equities analysts predict that Emerson Electric will post 6.56 earnings per share for the current year.

Insider Activity at Emerson Electric

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the company’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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Emerson Electric

Several institutional investors and hedge funds have recently bought and sold shares of EMR. BlackRock Inc. acquired a new stake in shares of Emerson Electric during the 2nd quarter valued at about $6,193,425,000. State Street Corp raised its position in Emerson Electric by 1.5% during the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock valued at $3,962,177,000 after acquiring an additional 403,957 shares in the last quarter. Bank of America Corp DE grew its position in Emerson Electric by 13.1% in 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 acquiring an additional 2,302,055 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Emerson Electric by 1.9% in the first quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock worth $827,478,000 after purchasing an additional 117,513 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in Emerson Electric during the second quarter worth $613,846,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric News Roundup

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Fiscal Q4 adjusted earnings were $1.86 per share, above the $1.85 consensus, while revenue of $5.20 billion topped estimates of $5.11 billion. Orders rose 14%, and the company forecast about 5% sales growth in fiscal 2027. Emerson Q4 and full-year results
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. Emerson dividend increase
• Positive Sentiment: KeyCorp raised its price target to $200 from $170 and maintained an Overweight rating; Bernstein also increased its target, to $196 from $186. Bernstein price-target update
• Neutral Sentiment: The long dividend-growth record may appeal to income investors, but the recent stock rally has left the yield relatively low, limiting its attraction for yield-focused buyers. Dividend and valuation discussion
• Negative Sentiment: Some coverage characterized the 2027 outlook as cautious, which may be weighing on the shares despite the quarterly beat. Morgan Stanley had also cut its target to $140 from $145 and rated the stock Underweight. Emerson earnings and 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.