Emerson Electric (NYSE:EMR – Get Free Report) had its target price hoisted by investment analysts at Citigroup from $182.00 to $198.00 in a report released on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the industrial products company’s stock. Citigroup‘s price objective points to a potential upside of 21.84% from the stock’s previous close.
A number of other research firms have also recently commented on EMR. Rothschild & Co Redburn boosted their price target on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Mizuho increased their price objective on shares of Emerson Electric from $173.00 to $180.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. KeyCorp lifted their price objective on shares of Emerson Electric from $170.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday. Wells Fargo & Company boosted their target price on shares of Emerson Electric from $177.00 to $180.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, HSBC upped their target price on shares of Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.38.
Read Our Latest Analysis on EMR
Emerson Electric Price Performance
Emerson Electric stock traded down $7.94 during mid-day trading on Thursday, hitting $162.50. The stock had a trading volume of 5,803,787 shares, compared to its average volume of 2,986,434. Emerson Electric has a one year low of $122.64 and a one year high of $172.00. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $91.02 billion, a P/E ratio of 35.56, a P/E/G ratio of 2.35 and a beta of 1.23. The firm’s 50 day moving average is $157.73 and its 200 day moving average is $147.46.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The industrial products company reported $1.86 EPS for the quarter, beating 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 business had revenue of $5.20 billion for the quarter, compared to analysts’ expectations of $5.11 billion. During the same period last year, the firm earned $1.62 earnings per share. The business’s quarterly revenue was up .0% on a year-over-year basis. On average, sell-side analysts forecast that Emerson Electric will post 6.56 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated Tuesday, August 11th. The stock was 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 approximately $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.
Institutional Investors Weigh In On Emerson Electric
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Silver Grove Financial Group Inc. grew its holdings in shares of Emerson Electric by 6.3% in the third quarter. Silver Grove Financial Group Inc. now owns 2,980 shares of the industrial products company’s stock valued at $462,000 after purchasing an additional 176 shares in the last quarter. Confluence Wealth Services Inc. lifted its holdings in Emerson Electric by 30.7% during the 3rd quarter. Confluence Wealth Services Inc. now owns 15,683 shares of the industrial products company’s stock worth $2,432,000 after buying an additional 3,682 shares in the last quarter. Mesirow Financial Investment Management Inc. boosted its position in Emerson Electric by 10.0% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 13,069 shares of the industrial products company’s stock valued at $2,027,000 after buying an additional 1,193 shares during the period. Lido Advisors LLC boosted its position in Emerson Electric by 13.9% in the 3rd quarter. Lido Advisors LLC now owns 149,499 shares of the industrial products company’s stock valued at $23,188,000 after buying an additional 18,229 shares during the period. Finally, Cornerstone Wealth Management LLC grew its stake in shares of Emerson Electric by 1.0% in the third quarter. Cornerstone Wealth Management LLC now owns 59,425 shares of the industrial products company’s stock worth $9,217,000 after acquiring an additional 592 shares in the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Emerson Electric
Here are the key news stories impacting Emerson Electric this week:
- Positive Sentiment: Fiscal Q4 adjusted EPS was $1.86 versus the $1.85 consensus, while revenue of $5.20 billion exceeded estimates of $5.11 billion. Orders rose 14%, and Emerson forecast about 5% sales growth in fiscal 2027. Emerson Electric Q4 earnings beat as orders jump 14%
- Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. Emerson reports results and raises dividend
- Positive Sentiment: Several firms lifted their targets and maintained bullish ratings: BNP Paribas Exane and KeyCorp set $200 targets, while RBC and Bernstein raised theirs to $196. Jefferies raises Emerson price target
- Neutral Sentiment: Commentary points to LNG investment and reshoring as potential growth drivers, though the stock’s recent advance has reduced its dividend yield to around 1.4%. Emerson Electric: LNG and reshoring tailwinds
- Negative Sentiment: Some coverage characterized the 2027 outlook as cautious, potentially tempering enthusiasm about the earnings beat. The shares’ relatively rich valuation may also leave less room for disappointment.
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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