Emerson Electric (NYSE:EMR – Get Free Report) was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued on Friday,Benzinga reports. The brokerage currently has a $157.00 price target on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 12.88% from the stock’s current price.
A number of other equities research analysts have also recently commented on the company. KeyCorp decreased their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday. BMO Capital Markets increased their price objective on shares of Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Wolfe Research dropped their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. Finally, Wells Fargo & Company raised their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $162.64.
View Our Latest Research Report on Emerson Electric
Emerson Electric Price Performance
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. Emerson Electric’s revenue was up 2.9% compared to the same quarter last year. During the same period last year, the company posted $1.48 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. On average, analysts predict that Emerson Electric will post 6.49 EPS for the current fiscal year.
Institutional Trading of Emerson Electric
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Basso Capital Management L.P. acquired a new position in Emerson Electric in the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC acquired a new stake in shares of Emerson Electric during the 2nd quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Emerson Electric during the 4th quarter valued at approximately $27,000. Motiv8 Investments LLC acquired a new position in shares of Emerson Electric in the 4th quarter valued at $27,000. Finally, Ares Financial Consulting LLC purchased a new stake in Emerson Electric during the fourth quarter worth $29,000. 74.30% of the stock is 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.
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