Emerson Electric (NYSE:EMR – Get Free Report) had its price target hoisted by investment analysts at Rothschild & Co Redburn from $165.00 to $180.00 in a report issued on Thursday,MarketScreener reports. Rothschild & Co Redburn’s price objective suggests a potential upside of 14.82% from the company’s current price.
Several other brokerages have also weighed in on EMR. Stephens lifted their price target on Emerson Electric from $155.00 to $160.00 in a research note on Thursday. Daiwa Securities Group lowered their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. DA Davidson started coverage on Emerson Electric in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price target for the company. BNP Paribas Exane lifted their target price on Emerson Electric from $180.00 to $185.00 in a research report on Thursday. Finally, Wells Fargo & Company raised their target price on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $165.78.
Read Our Latest Stock Report on EMR
Emerson Electric Stock Down 3.5%
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the firm posted $1.52 EPS. 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. On average, research analysts expect that Emerson Electric will post 6.56 earnings per share for the current fiscal year.
Institutional Trading of Emerson Electric
A number of large investors have recently bought and sold shares of the business. Fisher Asset Management LLC lifted its position in Emerson Electric by 14.8% in the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after purchasing an additional 928,548 shares during the period. Truist Financial Corp boosted its position in shares of Emerson Electric by 4.6% during the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock worth $157,294,000 after purchasing an additional 52,440 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Emerson Electric by 2.1% during the 4th quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock worth $546,072,000 after purchasing an additional 84,064 shares during the period. Axxcess Wealth Management LLC increased its holdings in shares of Emerson Electric by 86.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 81,093 shares of the industrial products company’s stock valued at $10,763,000 after purchasing an additional 37,702 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Emerson Electric by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after buying an additional 76,488 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.
About Emerson Electric
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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