Shares of Emerson Electric Co. (NYSE:EMR – Get Free Report) have received an average recommendation of “Moderate Buy” from the twenty-four brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $171.00.
Several equities research analysts have issued reports on EMR shares. Royal Bank Of Canada increased their target price on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. DA Davidson lifted their price target on Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a research report on Monday, August 24th. Morgan Stanley boosted their price objective on Emerson Electric from $125.00 to $135.00 and gave the company an “underweight” rating in a research note on Friday, August 28th. Citigroup boosted their price objective on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, BNP Paribas Exane increased their price objective on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th.
Get Our Latest Analysis on Emerson Electric
Emerson Electric Stock Performance
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period last year, the firm earned $1.52 EPS. Emerson Electric’s revenue for the quarter was up .0% on a year-over-year basis. 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, sell-side analysts anticipate that Emerson Electric will post 6.55 earnings per share for the current year.
Emerson Electric Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were given a dividend of $0.5550 per share. The ex-dividend date was Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio is currently 48.58%.
Insider Buying and Selling at Emerson Electric
In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction dated 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 sale, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.23% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Emerson Electric
Several hedge funds have recently bought and sold shares of EMR. BlackRock Inc. bought a new stake in Emerson Electric during the 2nd quarter valued at $6,193,425,000. Bank of America Corp DE bought a new stake in Emerson Electric in the 2nd quarter worth $2,629,146,000. Bank of New York Mellon Corp bought a new stake in Emerson Electric in the 2nd quarter worth $659,000,000. Legal & General Group Plc bought a new stake in Emerson Electric in the 2nd quarter worth $613,846,000. Finally, Jupiter Topco LLC purchased a new position in shares of Emerson Electric in the second quarter valued at about $260,485,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
About Emerson Electric
Emerson Electric Co is a global technology and engineering company that provides products, software and services for industrial, commercial and residential applications. Its offerings help customers automate processes, measure and control operations, improve equipment performance, and manage complex industrial systems.
The company’s portfolio includes process-control and automation systems, industrial software, measurement and analytical instruments, control valves, regulators, electrical equipment, and related services.
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