Emerson Electric Co. (NYSE:EMR – Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $152.50 and last traded at $148.7380, with a volume of 625979 shares. The stock had previously closed at $148.42.
Wall Street Analyst Weigh In
EMR has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Emerson Electric in a report on Wednesday, January 21st. TD Cowen lowered Emerson Electric from a “buy” rating to a “hold” rating and set a $150.00 target price for the company. in a research report on Friday, January 9th. Deutsche Bank Aktiengesellschaft increased their price target on Emerson Electric from $157.00 to $159.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Barclays boosted their price objective on Emerson Electric from $135.00 to $145.00 and gave the company an “equal weight” rating in a report on Wednesday, January 7th. Finally, Morgan Stanley boosted their price target on shares of Emerson Electric from $115.00 to $125.00 and gave the company an “underweight” rating in a research note on Friday, January 9th. Ten equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Emerson Electric presently has an average rating of “Hold” and a consensus target price of $154.76.
Get Our Latest Research Report on Emerson Electric
Emerson Electric Stock Performance
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share for the quarter, meeting the consensus estimate of $1.62. The company had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.91 billion. Emerson Electric had a net margin of 12.73% and a return on equity of 15.87%. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.48 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. As a group, equities research analysts forecast that Emerson Electric Co. will post 5.96 earnings per share for the current year.
Emerson Electric Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were paid a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, November 14th. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s dividend payout ratio is currently 54.95%.
Emerson Electric declared that its board has approved a stock buyback program on Wednesday, November 5th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the industrial products company to purchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.
Insiders Place Their Bets
In other news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $133.00, for a total value of $965,979.00. Following the completion of the transaction, the chief executive officer directly owned 196,292 shares of the company’s stock, valued at $26,106,836. This trade represents a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.23% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Emerson Electric by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock valued at $7,287,546,000 after purchasing an additional 578,242 shares during the period. Impax Asset Management Group plc grew its holdings in shares of Emerson Electric by 2.4% during the fourth quarter. Impax Asset Management Group plc now owns 123,070 shares of the industrial products company’s stock worth $16,334,000 after purchasing an additional 2,877 shares in the last quarter. Mattern Capital Management LLC increased its position in shares of Emerson Electric by 4.4% in the fourth quarter. Mattern Capital Management LLC now owns 77,538 shares of the industrial products company’s stock worth $10,291,000 after purchasing an additional 3,275 shares during the last quarter. Klingman & Associates LLC raised its stake in Emerson Electric by 1.4% in the fourth quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock valued at $754,000 after purchasing an additional 78 shares in the last quarter. Finally, Resonant Capital Advisors LLC bought a new stake in Emerson Electric during the fourth quarter valued at approximately $205,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
About Emerson Electric
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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