Emerson Electric (NYSE:EMR) Stock Gets Price Target Trim from Morgan Stanley

Emerson Electric (NYSE:EMR) had its target price trimmed by Morgan Stanley from $145.00 to $140.00 in a research report report published on Tuesday morning,Benzinga reports. The brokerage currently has an underweight rating on the industrial products company’s stock.

A number of other research analysts have also recently issued reports on EMR. Stephens boosted their target price on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. BNP Paribas Exane raised their price target on Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Rothschild & Co Redburn raised their price target on Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. DA Davidson lifted their price objective on Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, August 24th. Finally, BMO Capital Markets upgraded Emerson Electric from a “hold” rating to a “strong-buy” rating in a research report on Sunday, November 1st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $175.38.

Emerson Electric Trading Down 4.7%

EMR opened at $162.50 on Tuesday. The firm’s fifty day moving average is $157.82 and its two-hundred day moving average is $147.53. The firm has a market cap of $91.02 billion, a PE ratio of 25.94, a price-to-earnings-growth ratio of 2.41 and a beta of 1.23. Emerson Electric has a twelve month low of $122.64 and a twelve month high of $172.00. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.66 and a current ratio of 0.94.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.01. The company had revenue of $5.20 billion during the quarter, compared to analyst estimates of $5.11 billion. Emerson Electric had a net margin of 14.15% and a return on equity of 18.08%. The firm’s revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.62 EPS. Equities research analysts anticipate that Emerson Electric will post 7.20 EPS for the current year.

Emerson Electric Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 13th will be paid a $0.5950 dividend. This represents a $2.38 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, November 13th. This is a boost from Emerson Electric’s previous quarterly dividend of $0.5550. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 271,743 shares in the company, 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 Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.23% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EMR. BlackRock Inc. bought a new position in Emerson Electric during the 2nd quarter worth $6,193,425,000. Bank of America Corp DE acquired a new position in Emerson Electric during the 2nd quarter worth about $2,629,146,000. Bank of New York Mellon Corp bought a new stake in shares of Emerson Electric in the 2nd quarter valued at about $659,000,000. Legal & General Group Plc bought a new stake in shares of Emerson Electric in the 2nd quarter valued at about $613,846,000. Finally, Jupiter Topco LLC bought a new stake in shares of Emerson Electric in the 2nd quarter valued at about $260,485,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Emerson Electric

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Several firms raised their price targets and kept positive ratings: Citigroup lifted its target to $198, BNP Paribas Exane to $200, and RBC and Bernstein to $196. These revisions suggest analysts see further upside. Citigroup rating
• Positive Sentiment: Fiscal Q4 adjusted EPS of $1.86 and revenue of $5.20 billion topped analyst estimates. Orders rose 14%, supported by software and systems strength, while the company’s initial FY2027 outlook calls for sales growth. Q4 earnings and outlook
• Positive Sentiment: Emerson raised its quarterly dividend by 7.2% to $0.595 per share, extending its long record of annual increases and adding to shareholder returns. Company results and dividend announcement
• Negative Sentiment: The positive results may be tempered by a cautious FY2027 outlook, which appears to have disappointed investors’ expectations. The stock’s rich valuation may also leave less room for execution or guidance shortfalls. Report on outlook

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.