Emerson Electric (NYSE:EMR) Price Target Raised to $186.00 at Sanford C. Bernstein

Emerson Electric (NYSE:EMRFree Report) had its target price lifted by Sanford C. Bernstein from $169.00 to $186.00 in a report released on Friday morning,Benzinga reports. They currently have an outperform rating on the industrial products company’s stock.

Other analysts have also issued research reports about the stock. BMO Capital Markets raised their price target on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Royal Bank Of Canada increased their price objective on Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price for the company in a research report on Friday, July 17th. Finally, BNP Paribas Exane raised their price target on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $166.96.

Check Out Our Latest Research Report on Emerson Electric

Emerson Electric Price Performance

Shares of EMR stock opened at $163.07 on Friday. Emerson Electric has a 52 week low of $122.64 and a 52 week high of $166.35. The stock has a market capitalization of $91.33 billion, a PE ratio of 35.68, a PEG ratio of 2.44 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The stock’s fifty day moving average is $146.32 and its 200-day moving average is $143.14.

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

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be given a dividend of $0.555 per share. The ex-dividend date is Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. 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 firm’s stock in a transaction on 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 transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Emerson Electric

Hedge funds have recently added to or reduced their stakes in the stock. Valtrion Capital Management LLC bought a new position in Emerson Electric during the second quarter worth about $785,000. Jupiter Topco LLC acquired a new stake in shares of Emerson Electric in the 2nd quarter valued at approximately $260,485,000. ABS Investment Management LLC bought a new position in Emerson Electric during the 2nd quarter worth approximately $858,900,000. EFG International AG acquired a new position in Emerson Electric during the second quarter valued at approximately $755,000. Finally, Ancora Advisors LLC bought a new stake in Emerson Electric in the second quarter valued at approximately $746,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Company Profile

(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.

Further Reading

Analyst Recommendations for Emerson Electric (NYSE:EMR)

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