Emerson Electric (NYSE:EMR – Get Free Report) had its target price hoisted by research analysts at Morgan Stanley from $135.00 to $145.00 in a research note issued on Monday, Benzinga reports. The brokerage presently has an “underweight” rating on the industrial products company’s stock. Morgan Stanley’s price target indicates a potential downside of 9.72% from the stock’s current price.
Several other analysts have also issued reports on the company. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Mizuho lifted their price target on shares of Emerson Electric from $173.00 to $180.00 and gave the stock an “outperform” rating in a research note on Thursday. BNP Paribas Exane boosted their price objective on shares of Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Wells Fargo & Company started coverage on shares of Emerson Electric in a research note on Friday, September 25th. They issued an “overweight” rating and a $177.00 price objective for the company. Finally, KeyCorp reduced their target price on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $172.17.
View Our Latest Stock Report on Emerson Electric
Emerson Electric Price Performance
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior 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. On average, analysts predict that Emerson Electric will post 6.56 EPS for the current fiscal year.
Insiders Place Their Bets
In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the sale, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.23% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the company. Allied Private Wealth LLC purchased a new stake in Emerson Electric during the 2nd quarter valued at about $27,000. Orion Capital Management LLC acquired a new position in shares of Emerson Electric in the second quarter valued at about $29,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Emerson Electric in the second quarter worth about $30,000. MidFirst Bank purchased a new position in shares of Emerson Electric in the second quarter worth about $31,000. Finally, Fiduciary Financial Advisors acquired a new stake in shares of Emerson Electric during the second quarter worth about $31,000. 74.30% of the stock is owned by hedge funds and other institutional investors.
Emerson Electric Company Profile
Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.
The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.
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