Emerson Electric (NYSE:EMR) Given New $161.00 Price Target at Royal Bank Of Canada

Emerson Electric (NYSE:EMRGet Free Report) had its target price reduced by research analysts at Royal Bank Of Canada from $176.00 to $161.00 in a note issued to investors on Wednesday,MarketScreener reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 11.85% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Stephens boosted their price objective on shares of Emerson Electric from $145.00 to $155.00 and gave the company an “equal weight” rating in a report on Monday, February 9th. Robert W. Baird boosted their price objective on shares of Emerson Electric from $143.00 to $164.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Loop Capital boosted their price objective on shares of Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. boosted their price objective on shares of Emerson Electric from $150.00 to $157.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Finally, Citigroup increased their price objective on shares of Emerson Electric from $165.00 to $174.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Emerson Electric currently has a consensus rating of “Hold” and a consensus price target of $162.38.

Check Out Our Latest Report on EMR

Emerson Electric Stock Up 6.9%

EMR stock traded up $9.30 during trading on Wednesday, hitting $143.94. 311,302 shares of the stock traded hands, compared to its average volume of 3,397,582. The firm’s 50 day moving average is $142.07 and its two-hundred day moving average is $137.62. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62. The stock has a market cap of $80.90 billion, a price-to-earnings ratio of 35.11, a price-to-earnings-growth ratio of 2.10 and a beta of 1.28. Emerson Electric has a 1 year low of $92.36 and a 1 year high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.05. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The firm had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.37 billion. During the same period in the previous year, the company earned $1.38 earnings per share. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. On average, sell-side analysts anticipate that Emerson Electric will post 5.96 EPS for the current year.

Insider Buying and Selling

In related news, Director Matthew S. Levatich sold 1,476 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total value of $239,348.16. Following the transaction, the director owned 24,349 shares of the company’s stock, valued at approximately $3,948,433.84. This trade represents a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the sale, the chief executive officer owned 281,393 shares in the company, valued at approximately $40,047,851.76. The trade was a 1.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 13,879 shares of company stock valued at $2,116,818. 0.23% of the stock is owned by 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 the company. Hsbc Holdings PLC raised its stake in Emerson Electric by 55.2% during the 4th quarter. Hsbc Holdings PLC now owns 1,672,161 shares of the industrial products company’s stock worth $222,151,000 after acquiring an additional 594,835 shares during the period. Rockefeller Capital Management L.P. raised its stake in Emerson Electric by 33.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,156,874 shares of the industrial products company’s stock worth $153,541,000 after acquiring an additional 292,170 shares during the period. Bank of New Hampshire raised its stake in Emerson Electric by 21.2% during the 4th quarter. Bank of New Hampshire now owns 2,143 shares of the industrial products company’s stock worth $284,000 after acquiring an additional 375 shares during the period. World Investment Advisors raised its stake in Emerson Electric by 11.8% during the 4th quarter. World Investment Advisors now owns 22,897 shares of the industrial products company’s stock worth $3,039,000 after acquiring an additional 2,412 shares during the period. Finally, Farmers National Bank raised its stake in Emerson Electric by 1.8% during the 4th quarter. Farmers National Bank now owns 5,187 shares of the industrial products company’s stock worth $688,000 after acquiring an additional 92 shares during the period. Institutional investors own 74.30% of the company’s stock.

About Emerson Electric

(Get Free Report)

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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Analyst Recommendations for Emerson Electric (NYSE:EMR)

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