Emerson Electric (NYSE:EMR – Get Free Report) had its price objective boosted by stock analysts at TD Cowen from $150.00 to $170.00 in a report issued on Friday, Benzinga reports. The firm presently has a “hold” rating on the industrial products company’s stock. TD Cowen’s price target points to a potential upside of 7.41% from the stock’s current price.
Several other research firms also recently commented on EMR. DA Davidson upped their price target on shares of Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a research note on Monday, August 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. BMO Capital Markets boosted their price target on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Evercore cut their price objective on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Monday, August 31st. Finally, KeyCorp dropped their target price on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Fourteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $169.65.
Read Our Latest Analysis on EMR
Emerson Electric Stock Up 1.4%
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company’s revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the business earned $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 6.55 earnings per share for the current year.
Insider Activity at Emerson Electric
In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Emerson Electric
Several institutional investors have recently modified their holdings of EMR. ABS Investment Management LLC purchased a new stake in Emerson Electric in the second quarter worth $858,900,000. Basso Capital Management L.P. bought a new stake in Emerson Electric in the 4th quarter valued at about $25,000. Allied Private Wealth LLC bought a new position in Emerson Electric during the second quarter worth about $27,000. Orion Capital Management LLC purchased a new position in shares of Emerson Electric in the second quarter worth about $29,000. Finally, Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Emerson Electric in the second quarter valued at approximately $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 automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.
The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.
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