Emerson Electric Co. (NYSE:EMR – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $151.34 and last traded at $149.8820, with a volume of 231594 shares trading hands. The stock had previously closed at $148.15.
Analysts Set New Price Targets
Several analysts recently weighed in on EMR shares. JPMorgan Chase & Co. decreased their target price on Emerson Electric from $151.00 to $150.00 and set a “neutral” rating for the company in a research note on Monday, November 10th. Deutsche Bank Aktiengesellschaft upped 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. UBS Group upgraded shares of Emerson Electric from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $131.00 to $168.00 in a research note on Monday, January 5th. TD Cowen cut shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $150.00 target price for the company. in a research note on Friday, January 9th. Finally, Evercore ISI started coverage on shares of Emerson Electric in a research report on Monday, December 15th. They issued an “outperform” rating and a $170.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus price target of $151.06.
Get Our Latest Research Report on Emerson Electric
Emerson Electric Stock Performance
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.62. The company had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.91 billion. Emerson Electric had a net margin of 12.73% and a return on equity of 15.87%. The business’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.48 EPS. 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. Research analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.
Emerson Electric Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were paid a dividend of $0.555 per share. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, November 14th. Emerson Electric’s dividend payout ratio is 54.95%.
Emerson Electric announced that its board has authorized a share repurchase plan on Wednesday, November 5th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the industrial products company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.
Insider Activity
In other news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the stock in a transaction that occurred 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 approximately $26,106,836. This represents a 3.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of EMR. Darwin Wealth Management LLC acquired a new stake in shares of Emerson Electric in the 2nd quarter valued at $29,000. Wealth Watch Advisors INC bought a new position in Emerson Electric during the 3rd quarter valued at about $33,000. Winnow Wealth LLC acquired a new position in Emerson Electric in the second quarter valued at about $34,000. PFS Partners LLC grew its stake in Emerson Electric by 65.9% during the second quarter. PFS Partners LLC now owns 272 shares of the industrial products company’s stock worth $36,000 after buying an additional 108 shares during the last quarter. Finally, Traub Capital Management LLC acquired a new stake in shares of Emerson Electric during the second quarter worth approximately $37,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.
Emerson Electric Company Profile
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.
See Also
- Five stocks we like better than Emerson Electric
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Executive Order 14330: Trump’s Biggest Yet
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.
