Emerson Electric (NYSE:EMR – Get Free Report) was upgraded by equities research analysts at Wells Fargo & Company to a “strong-buy” rating in a research report issued to clients and investors on Thursday, Zacks reports.
Several other analysts have also recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a research note on Friday, July 17th. Evercore reduced their price target on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Monday, August 31st. HSBC increased their price objective on Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. TD Cowen lifted their price objective on Emerson Electric from $150.00 to $170.00 and gave the company a “hold” rating in a research note on Friday. Finally, Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average target price of $169.65.
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Emerson Electric Stock Up 1.3%
Emerson Electric (NYSE:EMR – Get Free Report) last announced 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 the consensus estimate of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, equities analysts predict that Emerson Electric will post 6.55 EPS for the current fiscal year.
Insider Activity
In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the company’s stock in a transaction 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 sale, the chief executive officer 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 Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.23% of the company’s stock.
Institutional Trading of Emerson Electric
Several hedge funds have recently added to or reduced their stakes in the business. PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in shares of Emerson Electric by 9.4% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock valued at $14,563,000 after purchasing an additional 8,700 shares during the period. BlackRock Inc. bought a new position in shares of Emerson Electric in the second quarter worth approximately $6,193,425,000. Norges Bank purchased a new position in shares of Emerson Electric in the fourth quarter worth $1,050,040,000. Mariner LLC raised its holdings in Emerson Electric by 8.1% during the 4th quarter. Mariner LLC now owns 549,039 shares of the industrial products company’s stock valued at $72,868,000 after buying an additional 41,365 shares during the last quarter. Finally, Generali Investments Management Co LLC boosted its position in Emerson Electric by 91.2% during the 2nd quarter. Generali Investments Management Co LLC now owns 31,339 shares of the industrial products company’s stock valued at $4,486,000 after buying an additional 14,952 shares during the period. 74.30% of the stock is owned by institutional investors.
Emerson Electric News Summary
Here are the key news stories impacting Emerson Electric this week:
- Positive Sentiment: Wells Fargo initiated coverage of Emerson Electric with an “overweight” rating and a $177 price target, implying further upside from recent trading levels. The recommendation reflects confidence in Emerson’s industrial portfolio and potential benefits from AI-related capital spending. Wells Fargo initiates coverage of Emerson Electric
- Positive Sentiment: Wells Fargo analyst Stephen Tusa included Emerson among his recommended AI-related industrial stocks, alongside companies such as Vertiv, Carrier Global, Trane and Johnson Controls. Inclusion on the list may improve investor sentiment toward Emerson’s automation and electrification exposure. Vertiv and six more AI industrial stocks to buy now
- Positive Sentiment: Emerson was identified as one of several manufacturing-electronics stocks benefiting from solid manufacturing activity and strength across major end markets. These sector trends support the outlook for demand for Emerson’s automation and industrial solutions. Four manufacturing electronics stocks to watch
- Neutral Sentiment: TD Cowen raised its price target for Emerson from $150 to $170 but maintained a “hold” rating. The higher target is supportive, although the unchanged rating indicates the firm sees relatively balanced risk and reward.
- Neutral Sentiment: Emerson recently advanced even as the broader market declined, suggesting relative strength and continued investor interest. Recent coverage has focused more on market performance than on a new company-specific operating announcement. Emerson Electric advances while market declines
Emerson Electric Company Profile
Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.
The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.
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