Shares of Emerson Electric Co. (NYSE:EMR – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the twenty-four ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $171.39.
EMR has been the topic of a number of recent research reports. BMO Capital Markets lifted their price target on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. BNP Paribas Exane boosted their price objective on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Royal Bank Of Canada increased their price objective on Emerson Electric from $179.00 to $188.00 and gave the company an “outperform” rating in a report on Wednesday. Citigroup raised their target price on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, Rothschild & Co Redburn upped their target price on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th.
Read Our Latest Report on Emerson Electric
Emerson Electric Price Performance
Emerson Electric (NYSE:EMR – Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same period last year, the company earned $1.52 EPS. The firm’s revenue was up .0% compared to the same quarter last year. 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. Analysts expect that Emerson Electric will post 6.55 EPS for the current year.
Emerson Electric Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were given a $0.5550 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. Emerson Electric’s payout ratio is 48.58%.
Insider Activity at Emerson Electric
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 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.23% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Forvis Mazars Wealth Advisors LLC grew its position in shares of Emerson Electric by 0.6% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 12,044 shares of the industrial products company’s stock worth $1,868,000 after buying an additional 67 shares during the period. Raiffeisen Bank International AG increased its stake in shares of Emerson Electric by 0.5% in the 2nd quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company’s stock valued at $2,110,000 after acquiring an additional 68 shares in the last quarter. Sapient Capital LLC lifted its position in shares of Emerson Electric by 1.6% during the 3rd quarter. Sapient Capital LLC now owns 4,850 shares of the industrial products company’s stock valued at $752,000 after acquiring an additional 76 shares during the period. Providence Wealth Advisors LLC lifted its position in shares of Emerson Electric by 0.8% during the 1st quarter. Providence Wealth Advisors LLC now owns 10,064 shares of the industrial products company’s stock valued at $1,323,000 after acquiring an additional 79 shares during the period. Finally, Waverly Advisors LLC boosted its stake in Emerson Electric by 0.3% during the first quarter. Waverly Advisors LLC now owns 29,815 shares of the industrial products company’s stock worth $3,906,000 after acquiring an additional 79 shares in the last quarter. 74.30% of the stock is owned by institutional investors.
Emerson Electric Company Profile
Emerson Electric Co is a global technology and engineering company that provides products, software and services for industrial, commercial and residential applications. Its offerings help customers automate processes, measure and control operations, improve equipment performance, and manage complex industrial systems.
The company’s portfolio includes process-control and automation systems, industrial software, measurement and analytical instruments, control valves, regulators, electrical equipment, and related services.
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