Emerson Electric (NYSE:EMR) Issues FY 2028 Earnings Guidance

Emerson Electric (NYSE:EMR) updated its FY 2028 earnings guidance on Thursday. The company provided earnings per share guidance of 8.000-8.000 for the period, compared to the consensus earnings per share estimate of 7.150. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

EMR has been the subject of a number of analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Emerson Electric in a research note on Wednesday, October 8th. Wells Fargo & Company restated an “equal weight” rating and set a $140.00 price objective (down previously from $150.00) on shares of Emerson Electric in a report on Monday, October 6th. JPMorgan Chase & Co. reduced their target price on Emerson Electric from $151.00 to $150.00 and set a “neutral” rating for the company in a research report on Monday, November 10th. Jefferies Financial Group cut their target price on Emerson Electric from $160.00 to $155.00 and set a “buy” rating for the company in a research report on Tuesday, October 7th. Finally, Barclays boosted their target price on Emerson Electric from $127.00 to $135.00 and gave the stock an “equal weight” rating in a report on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $149.00.

Emerson Electric Stock Performance

NYSE:EMR traded down $3.58 during mid-day trading on Thursday, reaching $124.59. 1,304,867 shares of the company’s stock were exchanged, compared to its average volume of 3,052,505. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.63 and a current ratio of 0.85. Emerson Electric has a one year low of $90.06 and a one year high of $150.27. The firm has a market capitalization of $69.99 billion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 2.36 and a beta of 1.30. The business’s fifty day simple moving average is $131.83 and its two-hundred day simple moving average is $131.09.

Emerson Electric (NYSE:EMR) last issued its earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share for the quarter. The firm had revenue of $3.16 billion for the quarter. Emerson Electric had a net margin of 14.92% and a return on equity of 14.34%. Analysts anticipate that Emerson Electric will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th will be given a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.8%. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s payout ratio is 54.95%.

Emerson Electric declared that its Board of Directors has authorized a share repurchase program on Wednesday, November 5th that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the industrial products company to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Emerson Electric

Large investors have recently made changes to their positions in the business. Darwin Wealth Management LLC bought a new stake in shares of Emerson Electric in the second quarter valued at approximately $29,000. Wealth Watch Advisors INC bought a new position in Emerson Electric during the third quarter valued at approximately $33,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Emerson Electric during the third quarter worth approximately $69,000. Riggs Asset Managment Co. Inc. boosted its stake in shares of Emerson Electric by 14.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 740 shares of the industrial products company’s stock valued at $99,000 after purchasing an additional 91 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new position in Emerson Electric in the 2nd quarter worth $113,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Company Profile

Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.