Emerson Electric (NYSE:EMR – Free Report) had its target price boosted by BNP Paribas Exane from $185.00 to $200.00 in a research note released on Thursday morning,Benzinga reports. The brokerage currently has an outperform rating on the industrial products company’s stock.
Several other equities analysts have also issued reports on EMR. TD Cowen boosted their price objective on Emerson Electric from $150.00 to $170.00 and gave the company a “hold” rating in a research report on Friday, September 25th. Mizuho raised their price target on Emerson Electric from $173.00 to $180.00 and gave the company an “outperform” rating in a research note on Thursday, October 15th. Morgan Stanley dropped their target price on shares of Emerson Electric from $145.00 to $140.00 and set an “underweight” rating on the stock in a report on Tuesday. BMO Capital Markets raised Emerson Electric from a “hold” rating to a “strong-buy” rating in a report on Sunday, November 1st. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Emerson Electric from $169.00 to $174.00 and gave the stock a “hold” rating in a report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and a consensus target price of $175.38.
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Emerson Electric Price Performance
NYSE:EMR opened at $162.50 on Thursday. The firm has a market cap of $91.02 billion, a PE ratio of 25.94, a price-to-earnings-growth ratio of 2.41 and a beta of 1.23. The company has a quick ratio of 0.66, a current ratio of 0.94 and a debt-to-equity ratio of 0.36. Emerson Electric has a 12 month low of $122.64 and a 12 month high of $172.00. The company’s 50-day moving average price is $157.82 and its two-hundred day moving average price is $147.53.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.01. The firm had revenue of $5.20 billion during the quarter, compared to analysts’ expectations of $5.11 billion. Emerson Electric had a net margin of 14.15% and a return on equity of 18.08%. The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the company posted $1.62 EPS. On average, equities analysts anticipate that Emerson Electric will post 7.20 EPS for the current fiscal year.
Emerson Electric Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 13th will be paid a $0.5950 dividend. The ex-dividend date is Friday, November 13th. This represents a $2.38 annualized dividend and a dividend yield of 1.5%. This is an increase from Emerson Electric’s previous quarterly dividend of $0.5550. Emerson Electric’s dividend payout ratio (DPR) is presently 48.58%.
Insider Transactions at Emerson Electric
In related news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the sale, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.23% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Emerson Electric in the second quarter worth about $6,193,425,000. State Street Corp raised its position in shares of Emerson Electric by 1.5% in the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock worth $3,962,177,000 after buying an additional 403,957 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Emerson Electric in the second quarter worth $2,629,146,000. ABS Investment Management LLC bought a new stake in Emerson Electric during the second quarter valued at $858,900,000. Finally, Bank of New York Mellon Corp boosted its stake in Emerson Electric by 1.9% during the first quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock valued at $827,478,000 after buying an additional 117,513 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Trending Headlines about Emerson Electric
Here are the key news stories impacting Emerson Electric this week:
- Positive Sentiment: Several firms raised their price targets and kept positive ratings: Citigroup lifted its target to $198, BNP Paribas Exane to $200, and RBC and Bernstein to $196. These revisions suggest analysts see further upside. Citigroup rating
- Positive Sentiment: Fiscal Q4 adjusted EPS of $1.86 and revenue of $5.20 billion topped analyst estimates. Orders rose 14%, supported by software and systems strength, while the company’s initial FY2027 outlook calls for sales growth. Q4 earnings and outlook
- Positive Sentiment: Emerson raised its quarterly dividend by 7.2% to $0.595 per share, extending its long record of annual increases and adding to shareholder returns. Company results and dividend announcement
- Negative Sentiment: The positive results may be tempered by a cautious FY2027 outlook, which appears to have disappointed investors’ expectations. The stock’s rich valuation may also leave less room for execution or guidance shortfalls. Report on outlook
Emerson Electric Company Profile
Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.
The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.
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