Emerson Electric (NYSE:EMR) Given New $169.00 Price Target at Royal Bank Of Canada

Emerson Electric (NYSE:EMRFree Report) had its price objective lifted by Royal Bank Of Canada from $161.00 to $169.00 in a research report sent to investors on Wednesday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the industrial products company’s stock.

A number of other analysts have also issued reports on the company. Robert W. Baird lifted their price target on Emerson Electric from $143.00 to $164.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Daiwa Securities Group lifted their target price on shares of Emerson Electric from $153.00 to $177.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Wolfe Research reduced their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. Oppenheimer restated a “market perform” rating on shares of Emerson Electric in a report on Tuesday, January 27th. Finally, Barclays boosted their price objective on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Emerson Electric currently has a consensus rating of “Hold” and a consensus price target of $162.95.

Read Our Latest Stock Report on EMR

Emerson Electric Stock Up 6.9%

EMR opened at $147.97 on Wednesday. The company has a market cap of $83.16 billion, a PE ratio of 34.17, a price-to-earnings-growth ratio of 2.21 and a beta of 1.26. Emerson Electric has a twelve month low of $108.37 and a twelve month high of $165.15. The company has a 50-day moving average price of $138.70 and a 200 day moving average price of $139.18. The company has a quick ratio of 0.62, a current ratio of 0.84 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a return on equity of 17.22% and a net margin of 13.35%.The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.59 billion. During the same period in the previous year, the firm posted $1.48 EPS. Emerson Electric’s revenue was up 2.9% compared to the same quarter last year. 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 expect that Emerson Electric will post 6.5 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.5%. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total value of $811,224.00. Following the transaction, the chief executive officer owned 281,393 shares of the company’s stock, valued at $40,047,851.76. This represents a 1.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Matthew S. Levatich sold 1,476 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total value of $239,348.16. Following the sale, the director directly owned 24,349 shares of the company’s stock, valued at $3,948,433.84. The trade was a 5.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 13,879 shares of company stock worth $2,116,818 over the last quarter. 0.23% of the stock is currently owned by company insiders.

Institutional Trading of Emerson Electric

Several institutional investors have recently added to or reduced their stakes in the stock. Mediolanum International Funds Ltd lifted its stake in Emerson Electric by 138.7% during the first quarter. Mediolanum International Funds Ltd now owns 21,272 shares of the industrial products company’s stock worth $2,623,000 after purchasing an additional 12,362 shares in the last quarter. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Emerson Electric in the first quarter valued at $2,164,000. Aviance Capital Partners LLC raised its holdings in shares of Emerson Electric by 10.9% in the 1st quarter. Aviance Capital Partners LLC now owns 6,626 shares of the industrial products company’s stock valued at $868,000 after buying an additional 650 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Emerson Electric by 14.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 4,180 shares of the industrial products company’s stock worth $548,000 after acquiring an additional 535 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in Emerson Electric by 31.0% during the 1st quarter. California Public Employees Retirement System now owns 1,360,140 shares of the industrial products company’s stock valued at $178,206,000 after acquiring an additional 321,476 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

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About Emerson Electric

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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.

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