Emerson Electric (NYSE:EMR) Sets New 12-Month High – What’s Next?

Shares of Emerson Electric Co. (NYSE:EMR) hit a new 52-week high during trading on Tuesday. The stock traded as high as $166.57 and last traded at $166.2780, with a volume of 1,514,838 shares. The stock had previously closed at $161.70.

Analysts Set New Price Targets

EMR has been the subject of a number of research analyst reports. HSBC increased their price objective on shares of Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Citigroup upped their price target on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Stephens upped their price target on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Wells Fargo & Company assumed coverage on shares of Emerson Electric in a research note on Friday, September 25th. They issued an “overweight” rating and a $177.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus target price of $172.17.

Emerson Electric Stock Performance

The stock’s 50-day simple moving average is $156.34 and its 200 day simple moving average is $146.61. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The company has a market capitalization of $93.13 billion, a PE ratio of 36.38, a P/E/G ratio of 2.22 and a beta of 1.21.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. The business had revenue of $4.87 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the company 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. As a group, research analysts expect that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were issued a dividend of $0.5550 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, August 14th. Emerson Electric’s payout ratio is 48.58%.

Insider Activity

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.23% of the company’s stock.

Hedge Funds Weigh In On Emerson Electric

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EMR. BlackRock Inc. acquired a new stake in Emerson Electric during the second quarter worth approximately $6,193,425,000. State Street Corp lifted its position in shares of Emerson Electric by 1.5% during the 2nd quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock worth $3,962,177,000 after buying an additional 403,957 shares during the last quarter. Bank of America Corp DE purchased a new stake in shares of Emerson Electric during the 2nd quarter worth approximately $2,629,146,000. ABS Investment Management LLC acquired a new position in shares of Emerson Electric in the 2nd quarter valued at $858,900,000. Finally, Bank of New York Mellon Corp grew its position in shares of Emerson Electric by 1.9% in the 1st quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock valued at $827,478,000 after buying an additional 117,513 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

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.