Emerson Electric (NYSE:EMR – Get Free Report) had its target price raised by stock analysts at Citigroup from $182.00 to $198.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the industrial products company’s stock. Citigroup‘s price target would suggest a potential upside of 21.84% from the stock’s previous close.
Several other equities research analysts have also recently issued reports on the stock. BNP Paribas Exane lifted their price objective on shares of Emerson Electric from $185.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday. Mizuho increased their target price on Emerson Electric from $173.00 to $180.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. BMO Capital Markets upgraded Emerson Electric from a “hold” rating to a “strong-buy” rating in a research note on Sunday. HSBC lifted their price target on Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Finally, Wall Street Zen raised 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, seventeen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Emerson Electric currently has a consensus rating of “Moderate Buy” and an average target price of $175.38.
Read Our Latest Research Report on EMR
Emerson Electric Stock Down 4.7%
Shares of Emerson Electric stock traded down $7.94 on Thursday, reaching $162.50. 5,803,787 shares of the company were exchanged, compared to its average volume of 2,986,434. The stock’s 50 day moving average price is $157.73 and its 200-day moving average price is $147.46. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. Emerson Electric has a 1-year low of $122.64 and a 1-year high of $172.00. The company has a market cap of $91.02 billion, a P/E ratio of 35.56, a price-to-earnings-growth ratio of 2.35 and a beta of 1.23.
Emerson Electric (NYSE:EMR – Get Free Report) last issued 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 net margin of 13.83% and a return on equity of 17.58%. The company had revenue of $5.20 billion during the quarter, compared to the consensus estimate of $5.11 billion. During the same quarter in the previous year, the firm earned $1.62 earnings per share. The firm’s quarterly revenue was up .0% on a year-over-year basis. As a group, equities analysts forecast that Emerson Electric will post 6.56 EPS for the current year.
Insider Activity
In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.23% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Emerson Electric
A number of institutional investors and hedge funds have recently added to or reduced their stakes in EMR. ABS Investment Management LLC purchased a new position in Emerson Electric during the 2nd quarter worth $858,900,000. William Mack & Associates Inc. purchased a new stake in shares of Emerson Electric in the third quarter valued at about $25,000. Financial Management Professionals Inc. raised its holdings in shares of Emerson Electric by 100.0% in the third quarter. Financial Management Professionals Inc. now owns 172 shares of the industrial products company’s stock valued at $27,000 after buying an additional 86 shares during the last quarter. Next Level Wealth Planning LLC acquired a new stake in shares of Emerson Electric during the third quarter worth about $27,000. Finally, Quest 10 Wealth Builders Inc. boosted its stake in shares of Emerson Electric by 113.3% during the third quarter. Quest 10 Wealth Builders Inc. now owns 192 shares of the industrial products company’s stock worth $30,000 after buying an additional 102 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Key Emerson Electric News
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.
About Emerson Electric
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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