Emerson Electric Co. (NYSE:EMR) Stock Has Consensus Price Target of $171.96 According to Brokerages

Emerson Electric Co. (NYSE:EMR) has been given an average rating of “Moderate Buy” by the twenty-six ratings firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, seventeen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $175.38.

EMR has been the topic of several recent analyst reports. Mizuho boosted their target price on shares of Emerson Electric from $173.00 to $180.00 and gave the company an “outperform” rating in a report on Thursday, October 15th. TD Cowen lifted their target price on shares of Emerson Electric from $150.00 to $170.00 and gave the stock a “hold” rating in a research report on Friday, September 25th. KeyCorp lifted their target price on shares of Emerson Electric from $170.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday. DA Davidson increased their price objective on Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a report on Monday, August 24th. Finally, Rothschild & Co Redburn lifted their price objective on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th.

Key Stories Impacting Emerson Electric

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Emerson’s fourth-quarter results beat expectations, while orders rose 14%, pointing to solid demand. Emerson Q4 earnings beat as orders jump 14%
• Positive Sentiment: Several firms lifted their targets and maintained bullish ratings: BNP Paribas Exane and KeyCorp set targets of $200, Citigroup $198, and RBC and Bernstein $196. Jefferies also raised its target to $200. These revisions signal stronger analyst optimism. BNP Paribas Exane ratings Jefferies raises target
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. The increase supports the income-investor case, although the yield is relatively modest. Emerson raises dividend
• Neutral Sentiment: Recent coverage says analysts are broadly upbeat and cites LNG investment and reshoring as potential growth tailwinds, while acknowledging that the stock’s valuation is rich. Analyst estimates and ratings LNG and reshoring analysis
• Negative Sentiment: A separate Morgan Stanley forecast was characterized as pessimistic, providing a cautionary counterpoint to the recent analyst upgrades. Morgan Stanley forecast

Emerson Electric Trading Down 0.2%

EMR opened at $162.28 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The firm’s fifty day moving average is $157.91 and its two-hundred day moving average is $147.61. Emerson Electric has a twelve month low of $122.64 and a twelve month high of $172.00. The firm has a market cap of $90.89 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 2.31 and a beta of 1.23.

Emerson Electric (NYSE:EMR) last announced its earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.01. The firm had revenue of $5.20 billion during the quarter, compared to analyst estimates of $5.11 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The business’s revenue was up .0% compared to the same quarter last year. During the same period last year, the firm posted $1.62 EPS. Equities research analysts anticipate that Emerson Electric will post 7.21 EPS for the current year.

Emerson Electric Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be given a dividend of $0.5950 per share. The ex-dividend date is Friday, November 13th. This is a boost from Emerson Electric’s previous quarterly dividend of $0.5550. This represents a $2.38 annualized dividend and a yield of 1.5%. Emerson Electric’s dividend payout ratio (DPR) is presently 46.44%.

Insider Activity

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the company’s stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.23% of the company’s stock.

Institutional Investors Weigh In On Emerson Electric

Several institutional investors and hedge funds have recently modified their holdings of EMR. Diversified Trust Co raised its stake in shares of Emerson Electric by 4.9% in the third quarter. Diversified Trust Co now owns 35,847 shares of the industrial products company’s stock worth $5,560,000 after buying an additional 1,686 shares during the period. Aberdeen Group plc boosted its stake in shares of Emerson Electric by 47.8% during the third quarter. Aberdeen Group plc now owns 911,129 shares of the industrial products company’s stock valued at $141,316,000 after acquiring an additional 294,490 shares during the last quarter. Moors & Cabot Inc. boosted its stake in shares of Emerson Electric by 0.3% during the 3rd quarter. Moors & Cabot Inc. now owns 99,011 shares of the industrial products company’s stock valued at $15,357,000 after buying an additional 272 shares during the last quarter. Compass Capital Management Inc. boosted its stake in shares of Emerson Electric by 69.0% during the 3rd quarter. Compass Capital Management Inc. now owns 3,675 shares of the industrial products company’s stock worth $570,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Valmark Advisers Inc. increased its position in shares of Emerson Electric by 13.6% during the third quarter. Valmark Advisers Inc. now owns 10,520 shares of the industrial products company’s stock valued at $1,632,000 after purchasing an additional 1,261 shares during the period. 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 focused on automation. It develops products and systems that help industrial and commercial customers monitor and control operations, including measurement instruments, control systems, valves, actuators, and industrial software.

The company serves customers across industries and regions worldwide. Its portfolio includes technologies for process and factory automation, as well as software used to design, operate, and optimize industrial facilities.

Founded in 1890 and headquartered in St.