Emerson Electric (NYSE:EMR) Reaches New 12-Month High on Analyst Upgrade

Shares of Emerson Electric Co. (NYSE:EMRGet Free Report) hit a new 52-week high during trading on Monday after Stephens raised their price target on the stock from $145.00 to $155.00. Stephens currently has an equal weight rating on the stock. Emerson Electric traded as high as $161.02 and last traded at $160.3570, with a volume of 470681 shares traded. The stock had previously closed at $157.38.

A number of other analysts also recently commented on the company. Jefferies Financial Group upped their price objective on Emerson Electric from $150.00 to $160.00 and gave the stock a “hold” rating in a report on Thursday. Rothschild & Co Redburn raised their price objective on Emerson Electric from $154.00 to $165.00 and gave the stock a “buy” rating in a report on Monday. Weiss Ratings cut Emerson Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Royal Bank Of Canada boosted their price objective on shares of Emerson Electric from $153.00 to $176.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Finally, KeyCorp raised their target price on shares of Emerson Electric from $155.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday. Ten equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $164.11.

View Our Latest Analysis on Emerson Electric

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total value of $965,979.00. Following the transaction, the chief executive officer owned 196,292 shares in the company, valued at $26,106,836. The trade was a 3.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.23% of the stock is owned by company insiders.

Hedge Funds Weigh In On Emerson Electric

Institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new position in Emerson Electric during the 2nd quarter valued at approximately $918,830,000. JPMorgan Chase & Co. lifted its stake in Emerson Electric by 75.0% in the second quarter. JPMorgan Chase & Co. now owns 12,538,402 shares of the industrial products company’s stock valued at $1,671,762,000 after buying an additional 5,371,585 shares during the last quarter. Schroder Investment Management Group boosted its holdings in shares of Emerson Electric by 51.6% during the second quarter. Schroder Investment Management Group now owns 6,346,398 shares of the industrial products company’s stock valued at $846,165,000 after acquiring an additional 2,159,126 shares during the period. Ameriprise Financial Inc. grew its position in shares of Emerson Electric by 185.7% during the third quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after acquiring an additional 2,075,425 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its position in Emerson Electric by 43.0% in the 2nd quarter. Fisher Asset Management LLC now owns 5,193,448 shares of the industrial products company’s stock valued at $692,442,000 after purchasing an additional 1,561,600 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Price Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.62 and a current ratio of 0.84. The stock has a market capitalization of $90.06 billion, a price-to-earnings ratio of 39.18, a price-to-earnings-growth ratio of 2.50 and a beta of 1.26. The business’s 50 day simple moving average is $141.69 and its 200-day simple moving average is $136.20.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.05. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same period in the previous year, the firm posted $1.38 earnings per share. The business’s revenue was up 4.1% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. Research analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Friday, February 13th will be issued a $0.555 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.22 annualized dividend and a yield of 1.4%. Emerson Electric’s dividend payout ratio is presently 54.28%.

Emerson Electric declared that its Board of Directors has initiated a share buyback plan on Wednesday, November 5th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the industrial products company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

About Emerson Electric

(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.

Further Reading

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.