Zacks Research Has Bearish Estimate for EMR FY2027 Earnings

Emerson Electric Co. (NYSE:EMR) – Research analysts at Zacks Research reduced their FY2027 earnings per share estimates for shares of Emerson Electric in a report issued on Thursday, June 5th. Zacks Research analyst R. Department now forecasts that the industrial products company will earn $6.79 per share for the year, down from their prior forecast of $6.83. The consensus estimate for Emerson Electric’s current full-year earnings is $5.96 per share.

Several other equities analysts have also issued reports on EMR. Wells Fargo & Company boosted their price objective on Emerson Electric from $121.00 to $135.00 and gave the company an “overweight” rating in a research report on Wednesday, May 21st. KeyCorp reduced their price target on Emerson Electric from $158.00 to $125.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Citigroup upped their price target on Emerson Electric from $133.00 to $146.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. JPMorgan Chase & Co. upped their price target on Emerson Electric from $113.00 to $133.00 and gave the stock a “neutral” rating in a research report on Friday, May 16th. Finally, Barclays upped their price target on Emerson Electric from $112.00 to $118.00 and gave the stock an “underweight” rating in a research report on Monday. Two analysts have rated the stock with a sell rating, four have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Emerson Electric presently has an average rating of “Moderate Buy” and an average price target of $135.00.

Emerson Electric Price Performance

Shares of EMR opened at $126.98 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.54. The stock has a 50 day simple moving average of $110.49 and a 200 day simple moving average of $118.46. Emerson Electric has a 52-week low of $90.06 and a 52-week high of $134.85. The firm has a market capitalization of $71.43 billion, a PE ratio of 30.31, a P/E/G ratio of 2.49 and a beta of 1.28.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Wednesday, May 7th. The industrial products company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.07. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. The business had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period in the previous year, the firm earned $1.36 EPS. Emerson Electric’s quarterly revenue was up 1.3% compared to the same quarter last year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Friday, May 16th were issued a $0.5275 dividend. This represents a $2.11 annualized dividend and a dividend yield of 1.66%. The ex-dividend date was Friday, May 16th. Emerson Electric’s payout ratio is presently 50.48%.

Insider Activity

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of the firm’s stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $113.33, for a total transaction of $1,892,384.34. Following the completion of the sale, the chief executive officer now owns 164,957 shares of the company’s stock, valued at $18,694,576.81. This trade represents a 9.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Emerson Electric

Several hedge funds have recently added to or reduced their stakes in EMR. Brighton Jones LLC lifted its holdings in Emerson Electric by 74.1% during the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after purchasing an additional 4,850 shares during the last quarter. Stratos Wealth Advisors LLC acquired a new stake in Emerson Electric during the 4th quarter valued at $204,000. Strategic Financial Concepts LLC acquired a new stake in Emerson Electric during the 4th quarter valued at $2,169,000. Golden State Wealth Management LLC acquired a new stake in Emerson Electric during the 4th quarter valued at $93,000. Finally, Thompson Investment Management Inc. increased its position in Emerson Electric by 155.8% during the 4th quarter. Thompson Investment Management Inc. now owns 985 shares of the industrial products company’s stock worth $122,000 after buying an additional 600 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Company Profile

Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.