Emerson Electric (NYSE:EMR) Price Target Raised to $180.00

Emerson Electric (NYSE:EMR) had its target price upped by Mizuho from $173.00 to $180.00 in a research note released on Thursday morning,Benzinga reports. Mizuho currently has an outperform rating on the industrial products company’s stock.

Other analysts have also recently issued research reports about the stock. Sanford C. Bernstein increased their price target on shares of Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Evercore lowered their price objective on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating on the stock in a research note on Monday, August 31st. Wells Fargo & Company initiated coverage on shares of Emerson Electric in a report on Friday, September 25th. They issued an “overweight” rating and a $177.00 target price on the stock. BMO Capital Markets upped their target price on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Finally, Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $171.75.

Emerson Electric Trading Down 0.5%

Shares of Emerson Electric stock opened at $161.41 on Thursday. Emerson Electric has a 12-month low of $122.64 and a 12-month high of $166.35. The stock has a market cap of $90.41 billion, a P/E ratio of 35.32, a P/E/G ratio of 2.23 and a beta of 1.21. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $156.30 and its 200-day moving average is $146.76.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.52 EPS. 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. Equities research analysts predict that Emerson Electric will post 6.56 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Friday, August 14th were paid a $0.5550 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Friday, August 14th. Emerson Electric’s dividend payout ratio is 48.58%.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction 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 $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.23% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Emerson Electric

Large investors have recently modified their holdings of the stock. ABS Investment Management LLC bought a new position in shares of Emerson Electric in the second quarter valued at approximately $858,900,000. Basso Capital Management L.P. purchased a new position in shares of Emerson Electric during the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC bought a new stake in Emerson Electric during the second quarter worth $27,000. Orion Capital Management LLC bought a new stake in Emerson Electric during the second quarter worth $29,000. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new stake in Emerson Electric in the 2nd quarter valued at $30,000. 74.30% of the stock is owned by institutional investors.

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.