Emerson Electric (NYSE:EMR) Price Target Raised to $184.00

Emerson Electric (NYSE:EMR) had its price objective lifted by JPMorgan Chase & Co. from $169.00 to $184.00 in a research report released on Friday morning,Benzinga reports. The firm currently has an overweight rating on the industrial products company’s stock.

Several other equities research analysts have also recently issued reports on the stock. Wells Fargo & Company assumed coverage on shares of Emerson Electric in a research note on Friday, September 25th. They set an “overweight” rating and a $177.00 price target on the stock. Royal Bank Of Canada boosted their price objective on shares of Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Citigroup upped their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. DA Davidson raised their target price on shares of Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday, August 24th. Finally, Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and an average target price of $171.00.

Emerson Electric Stock Down 0.0%

EMR opened at $161.79 on Friday. The firm has a market cap of $90.62 billion, a P/E ratio of 35.40, a PEG ratio of 2.23 and a beta of 1.21. The business’s fifty day simple moving average is $155.92 and its 200 day simple moving average is $145.69. Emerson Electric has a 52 week low of $122.64 and a 52 week high of $166.35. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The firm had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter last year, the business posted $1.52 EPS. The firm’s quarterly revenue was up .0% compared to the same quarter last year. 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. As a group, equities research analysts anticipate that Emerson Electric will post 6.55 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors 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 yield of 1.4%. Emerson Electric’s dividend payout ratio is 48.58%.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was 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 trade represents a 3.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.23% of the company’s stock.

Institutional Trading of Emerson Electric

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PensionDanmark Pensionsforsikringsaktieselskab increased its stake in Emerson Electric by 9.4% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock worth $14,563,000 after buying an additional 8,700 shares during the period. BlackRock Inc. purchased a new position in Emerson Electric in the 2nd quarter valued at about $6,193,425,000. Corient Private Wealth LP purchased a new position in Emerson Electric in the 2nd quarter valued at about $129,817,000. Mariner LLC grew its stake in shares of Emerson Electric by 8.1% during the fourth quarter. Mariner LLC now owns 549,039 shares of the industrial products company’s stock valued at $72,868,000 after acquiring an additional 41,365 shares in the last quarter. Finally, Generali Investments Management Co LLC grew its stake in shares of Emerson Electric by 91.2% during the second quarter. Generali Investments Management Co LLC now owns 31,339 shares of the industrial products company’s stock valued at $4,486,000 after acquiring an additional 14,952 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Company Profile

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.