Analysts at Sanford C. Bernstein started coverage on shares of Emerson Electric (NYSE:EMR – Get Free Report) in a report released on Wednesday. The firm set an “outperform” rating and a $175.00 price target on the industrial products company’s stock. Sanford C. Bernstein’s price objective suggests a potential upside of 22.93% from the stock’s previous close.
EMR has been the subject of a number of other reports. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Wolfe Research lowered their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. Jefferies Financial Group initiated coverage on shares of Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 price target for the company. Daiwa Securities Group cut their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Finally, BMO Capital Markets raised their price target on shares of Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus price target of $163.77.
Read Our Latest Research Report on EMR
Emerson Electric Stock Up 2.4%
Emerson Electric (NYSE:EMR – Get Free Report) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. The business had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.Emerson Electric’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.48 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. On average, equities analysts predict that Emerson Electric will post 6.49 EPS for the current year.
Institutional Trading of Emerson Electric
A number of hedge funds and other institutional investors have recently made changes to their positions in EMR. Basso Capital Management L.P. acquired a new stake in Emerson Electric in the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. acquired a new stake in Emerson Electric in the fourth quarter worth about $27,000. Motiv8 Investments LLC acquired a new stake in Emerson Electric in the fourth quarter worth about $27,000. Darwin Wealth Management LLC acquired a new stake in Emerson Electric in the second quarter worth about $29,000. Finally, Ares Financial Consulting LLC acquired a new stake in Emerson Electric in the fourth quarter worth about $29,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.
Emerson Electric Company Profile
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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