Emerson Electric (NYSE:EMR) Reaches New 52-Week High Following Analyst Upgrade

Shares of Emerson Electric Co. (NYSE:EMRGet Free Report) hit a new 52-week high during trading on Monday after Stephens raised their price target on the stock from $145.00 to $155.00. Stephens currently has an equal weight rating on the stock. Emerson Electric traded as high as $161.02 and last traded at $160.3570, with a volume of 470681 shares. The stock had previously closed at $157.38.

Other analysts have also recently issued research reports about the stock. Rothschild & Co Redburn raised their price objective on Emerson Electric from $154.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday. Robert W. Baird raised their price target on Emerson Electric from $143.00 to $164.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. UBS Group raised shares of Emerson Electric from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $131.00 to $168.00 in a research report on Monday, January 5th. Oppenheimer reiterated a “market perform” rating on shares of Emerson Electric in a research note on Tuesday, January 27th. Finally, KeyCorp boosted their target price on shares of Emerson Electric from $155.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday. Ten investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $164.11.

Get Our Latest Analysis on EMR

Insider Activity at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of Emerson Electric stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total transaction of $965,979.00. Following the transaction, the chief executive officer owned 196,292 shares in the company, valued at approximately $26,106,836. The trade was a 3.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.

Institutional Trading of Emerson Electric

Several hedge funds have recently modified their holdings of the stock. AustralianSuper Pty Ltd acquired a new stake in shares of Emerson Electric in the third quarter valued at approximately $950,000. Cahill Financial Advisors Inc. purchased a new position in shares of Emerson Electric during the 3rd quarter worth $823,000. Coldstream Capital Management Inc. boosted its position in shares of Emerson Electric by 18.3% during the 2nd quarter. Coldstream Capital Management Inc. now owns 21,378 shares of the industrial products company’s stock valued at $2,850,000 after acquiring an additional 3,308 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of Emerson Electric by 74.4% in the second quarter. Marshall Wace LLP now owns 1,286,755 shares of the industrial products company’s stock valued at $171,563,000 after purchasing an additional 548,795 shares during the period. Finally, National Pension Service raised its stake in Emerson Electric by 2.6% during the third quarter. National Pension Service now owns 1,399,800 shares of the industrial products company’s stock worth $183,626,000 after purchasing an additional 34,882 shares during the period. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Price Performance

The stock’s 50-day simple moving average is $141.69 and its 200 day simple moving average is $136.20. The company has a market cap of $90.06 billion, a price-to-earnings ratio of 39.18, a PEG ratio of 2.50 and a beta of 1.26. The company has a quick ratio of 0.62, a current ratio of 0.84 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.05. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The company had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same period in the previous year, the business earned $1.38 EPS. Emerson Electric’s revenue for the quarter was up 4.1% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. On average, equities research analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Friday, February 13th will be paid a $0.555 dividend. The ex-dividend date is Friday, February 13th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. Emerson Electric’s payout ratio is 54.28%.

Emerson Electric announced that its board has approved a share repurchase program on Wednesday, November 5th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the industrial products company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

About Emerson Electric

(Get Free Report)

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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