BMO Capital Markets Issues Positive Forecast for Emerson Electric (NYSE:EMR) Stock Price

Emerson Electric (NYSE:EMRGet Free Report) had its target price raised by BMO Capital Markets from $157.00 to $175.00 in a research report issued on Thursday,MarketScreener reports. BMO Capital Markets’ target price would indicate a potential upside of 11.63% from the company’s previous close.

Several other research analysts have also recently weighed in on the company. Barclays boosted their target price on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. Daiwa Securities Group reduced their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. DA Davidson initiated coverage on shares of Emerson Electric in a report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price target for the company. Finally, Royal Bank Of Canada boosted their price objective on shares of Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research report on Wednesday. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $165.78.

View Our Latest Report on Emerson Electric

Emerson Electric Stock Down 3.5%

NYSE:EMR opened at $156.76 on Thursday. Emerson Electric has a twelve month low of $122.64 and a twelve month high of $165.15. The company’s 50 day moving average is $143.85 and its two-hundred day moving average is $142.52. The company has a current ratio of 0.90, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The company has a market cap of $87.80 billion, a PE ratio of 34.30, a P/E/G ratio of 2.42 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 13.83% and a return on equity of 17.58%. The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.52 earnings per share. 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. Analysts anticipate that Emerson Electric will post 6.56 EPS for the current year.

Hedge Funds Weigh In On Emerson Electric

A number of hedge funds have recently made changes to their positions in the business. Basso Capital Management L.P. acquired a new stake in Emerson Electric in the 4th quarter valued at $25,000. Allied Private Wealth LLC purchased a new stake in shares of Emerson Electric during the 2nd quarter valued at about $27,000. IFC & Insurance Marketing Inc. purchased a new position in Emerson Electric in the 4th quarter worth approximately $27,000. Motiv8 Investments LLC acquired a new position in shares of Emerson Electric during the fourth quarter worth $27,000. Finally, Darwin Wealth Management LLC purchased a new position in Emerson Electric in the 2nd quarter valued at about $29,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Company Profile

(Get Free Report)

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.

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