Evercore Issues Pessimistic Forecast for Emerson Electric (NYSE:EMR) Stock Price

Emerson Electric (NYSE:EMRGet Free Report) had its price target dropped by equities research analysts at Evercore from $190.00 to $185.00 in a research note issued to investors on Monday,MarketScreener reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Evercore’s price target points to a potential upside of 19.07% from the company’s previous close.

A number of other brokerages also recently issued reports on EMR. Rothschild & Co Redburn upped their price target on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Wells Fargo & Company boosted their target price on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Daiwa Securities Group lowered their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Stephens lifted their price target on shares of Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Finally, HSBC boosted their price objective on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus target price of $167.83.

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Emerson Electric Stock Up 0.1%

NYSE:EMR opened at $155.37 on Monday. The firm has a 50-day simple moving average of $148.79 and a two-hundred day simple moving average of $143.46. The firm has a market cap of $87.02 billion, a P/E ratio of 34.00, a P/E/G ratio of 2.31 and a beta of 1.24. Emerson Electric has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion during 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 firm’s revenue for the quarter was up .0% on a year-over-year basis. 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. Analysts predict that Emerson Electric will post 6.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.

Institutional Trading of Emerson Electric

Institutional investors and hedge funds have recently modified their holdings of the company. Brighton Jones LLC lifted its position in shares of Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after acquiring an additional 4,850 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Emerson Electric during the 1st quarter valued at approximately $232,000. Caxton Associates LLP purchased a new position in Emerson Electric in the 1st quarter worth approximately $275,000. Sivia Capital Partners LLC bought a new position in Emerson Electric in the 2nd quarter worth approximately $203,000. Finally, Jump Financial LLC grew its holdings in Emerson Electric by 121.5% during the 2nd quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock valued at $1,406,000 after buying an additional 5,783 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for Emerson Electric (NYSE:EMR)

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