Evercore Cuts Emerson Electric (NYSE:EMR) Price Target to $185.00

Emerson Electric (NYSE:EMR) had its target price trimmed by Evercore from $190.00 to $185.00 in a research note released on Monday morning. The brokerage currently has an outperform rating on the industrial products company’s stock.

A number of other equities analysts have also recently commented on the company. Royal Bank Of Canada raised their target price on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Barclays boosted their price target on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Citigroup raised their price objective on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Wells Fargo & Company lifted their price objective on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Finally, Sanford C. Bernstein increased their target price on shares of Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $167.83.

Emerson Electric Stock Performance

EMR opened at $149.02 on Monday. Emerson Electric has a 12-month low of $122.64 and a 12-month high of $166.35. The company has a market cap of $83.47 billion, a price-to-earnings ratio of 32.61, a PEG ratio of 2.22 and a beta of 1.24. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The company’s 50 day moving average is $149.07 and its 200 day moving average is $143.37.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.03. The business had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company’s quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the firm earned $1.52 earnings per share. 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. On average, equities research analysts predict that Emerson Electric will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be given a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, August 14th. Emerson Electric’s payout ratio is presently 48.58%.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.23% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EMR. Basso Capital Management L.P. purchased a new position in shares of Emerson Electric in the fourth quarter worth $25,000. Allied Private Wealth LLC purchased a new position in Emerson Electric during the second quarter valued at $27,000. IFC & Insurance Marketing Inc. bought a new stake in Emerson Electric in the 4th quarter valued at $27,000. Motiv8 Investments LLC purchased a new stake in Emerson Electric in the 4th quarter worth $27,000. Finally, Orion Capital Management LLC bought a new position in shares of Emerson Electric during the 2nd quarter valued at about $29,000. 74.30% of the stock is currently owned by institutional investors.

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.