Emerson Electric (NYSE:EMR – Get Free Report) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.400-1.400 for the period, compared to the consensus earnings per share estimate of 1.490. The company issued revenue guidance of $4.3 billion-$4.3 billion, compared to the consensus revenue estimate of $4.4 billion. Emerson Electric also updated its FY 2026 guidance to 6.350-6.550 EPS.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on EMR. Jefferies Financial Group reduced their price target on shares of Emerson Electric from $160.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. Stephens raised their target price on shares of Emerson Electric from $130.00 to $145.00 and gave the company an “equal weight” rating in a report on Wednesday, July 16th. TD Cowen raised shares of Emerson Electric to a “strong-buy” rating in a report on Tuesday, July 8th. Wolfe Research reduced their target price on shares of Emerson Electric from $173.00 to $172.00 and set an “outperform” rating on the stock in a report on Wednesday, October 8th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $140.00 target price (down previously from $150.00) on shares of Emerson Electric in a report on Monday, October 6th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $148.28.
Read Our Latest Research Report on Emerson Electric
Emerson Electric Stock Down 1.7%
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings data on Thursday, April 6th. The industrial products company reported $0.79 earnings per share for the quarter. Emerson Electric had a net margin of 14.92% and a return on equity of 14.34%. The company had revenue of $3.16 billion for the quarter. Research analysts expect that Emerson Electric will post 5.96 earnings per share for the current fiscal year.
Institutional Trading of Emerson Electric
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Darwin Wealth Management LLC acquired a new stake in Emerson Electric during the second quarter worth approximately $29,000. Riggs Asset Managment Co. Inc. increased its holdings in shares of Emerson Electric by 14.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 740 shares of the industrial products company’s stock valued at $99,000 after acquiring an additional 91 shares during the period. WFA of San Diego LLC acquired a new position in shares of Emerson Electric in the 2nd quarter valued at $113,000. Sivia Capital Partners LLC acquired a new position in shares of Emerson Electric in the 2nd quarter valued at $203,000. Finally, Nia Impact Advisors LLC acquired a new position in shares of Emerson Electric in the 2nd quarter valued at $208,000. Institutional investors and hedge funds own 74.30% of the company’s stock.
Emerson Electric Company Profile
Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.
Read More
- Five stocks we like better than Emerson Electric
- Election Stocks: How Elections Affect the Stock Market
- Affirm’s New York Life Deal: A Game-Changing Stamp of Approval
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- 3 Potential Scenarios to Watch for in D-Wave’s Earnings Report
- 3 Best Fintech Stocks for a Portfolio Boost
- Eli Lilly Posts Stellar Q3: Long-Term Upside Is Well in Play
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.
