Wells Fargo & Company Issues Positive Forecast for Emerson Electric (NYSE:EMR) Stock Price

Emerson Electric (NYSE:EMR) had its price objective boosted by Wells Fargo & Company from $135.00 to $155.00 in a research note issued to investors on Thursday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the industrial products company’s stock.

Several other equities research analysts have also recently commented on the company. Barclays increased their price target on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday. Daiwa Securities Group increased their price target on Emerson Electric from $153.00 to $177.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Jefferies Financial Group assumed coverage on Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 target price for the company. Citigroup raised their target price on Emerson Electric from $165.00 to $174.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Finally, Loop Capital raised their target price on Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Emerson Electric presently has a consensus rating of “Hold” and a consensus price target of $163.90.

Emerson Electric Price Performance

Shares of NYSE:EMR traded down $0.24 during midday trading on Thursday, hitting $140.86. The company had a trading volume of 1,635,780 shares, compared to its average volume of 3,302,127. Emerson Electric has a twelve month low of $112.00 and a twelve month high of $165.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.62. The stock has a market cap of $78.89 billion, a price-to-earnings ratio of 32.53, a price-to-earnings-growth ratio of 2.36 and a beta of 1.26. The business’s 50-day simple moving average is $138.50 and its 200-day simple moving average is $139.26.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. During the same quarter last year, the firm earned $1.48 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. 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, research analysts predict that Emerson Electric will post 6.5 earnings per share for the current year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.

Insider Transactions at Emerson Electric

In other news, VP Nicholas J. Piazza sold 6,703 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the completion of the transaction, the vice president directly owned 31,664 shares in the company, valued at $5,036,792.48. This trade represents a 17.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Matthew S. Levatich sold 1,476 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total value of $239,348.16. Following the transaction, the director owned 24,349 shares of the company’s stock, valued at approximately $3,948,433.84. This represents a 5.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 13,879 shares of company stock worth $2,116,818 over the last ninety days. Company insiders own 0.23% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Emerson Electric by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock worth $7,287,546,000 after buying an additional 578,242 shares during the period. State Street Corp boosted its holdings in Emerson Electric by 2.0% in the fourth quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock valued at $3,647,602,000 after purchasing an additional 541,887 shares during the period. Geode Capital Management LLC boosted its holdings in Emerson Electric by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after purchasing an additional 76,488 shares during the period. Wells Fargo & Company MN boosted its holdings in Emerson Electric by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 10,840,109 shares of the industrial products company’s stock valued at $1,438,699,000 after purchasing an additional 134,049 shares during the period. Finally, Norges Bank purchased a new position in Emerson Electric in the fourth quarter valued at $1,050,040,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

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.