Sanford C. Bernstein Cuts Emerson Electric (NYSE:EMR) Price Target to $169.00

Emerson Electric (NYSE:EMRFree Report) had its price objective trimmed by Sanford C. Bernstein from $175.00 to $169.00 in a report published on Monday,MarketScreener reports. The brokerage currently has an outperform rating on the industrial products company’s stock.

Other research analysts also recently issued research reports about the stock. Daiwa Securities Group lowered their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Wolfe Research reduced their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Jefferies Financial Group began coverage on shares of Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 target price on the stock. JPMorgan Chase & Co. raised shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target on the stock in a research report on Friday, July 17th. Finally, BMO Capital Markets lifted their price target on 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 issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $162.36.

Check Out Our Latest Analysis on Emerson Electric

Emerson Electric Trading Up 0.3%

Shares of Emerson Electric stock opened at $139.72 on Monday. The stock has a market capitalization of $78.26 billion, a PE ratio of 32.27, a price-to-earnings-growth ratio of 2.22 and a beta of 1.25. Emerson Electric has a 52 week low of $122.64 and a 52 week high of $165.15. The stock has a 50 day moving average price of $140.37 and a two-hundred day moving average price of $141.96. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87.

Emerson Electric (NYSE:EMRGet Free Report) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. During the same period in the prior year, the firm earned $1.48 earnings per share. Emerson Electric’s revenue for the quarter was up 2.9% on a year-over-year basis. 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. As a group, equities analysts anticipate that Emerson Electric will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a $0.555 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. Emerson Electric’s dividend payout ratio is presently 51.27%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Basso Capital Management L.P. purchased a new stake in Emerson Electric in the 4th quarter valued at about $25,000. Allied Private Wealth LLC purchased a new position in shares of Emerson Electric in the 2nd quarter worth approximately $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of Emerson Electric in the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC bought a new position in shares of Emerson Electric in the fourth quarter valued at approximately $27,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Emerson Electric during the second quarter valued at approximately $29,000. 74.30% of the stock is 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.

Further Reading

Analyst Recommendations for Emerson Electric (NYSE:EMR)

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