Emerson Electric (NYSE:EMR – Get Free Report)‘s stock had its “market perform” rating reaffirmed by stock analysts at Oppenheimer in a report issued on Tuesday,Benzinga reports.
A number of other research firms have also commented on EMR. Barclays lifted their target price on Emerson Electric from $135.00 to $145.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 7th. TD Cowen downgraded shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $150.00 price target on the stock. in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Emerson Electric from $157.00 to $159.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Wolfe Research raised their target price on shares of Emerson Electric from $168.00 to $172.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Finally, Wells Fargo & Company boosted their target price on shares of Emerson Electric from $140.00 to $145.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Ten investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Emerson Electric has an average rating of “Hold” and a consensus target price of $154.76.
Read Our Latest Research Report on Emerson Electric
Emerson Electric Trading Up 1.0%
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.62. Emerson Electric had a net margin of 12.73% and a return on equity of 15.87%. The business had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.91 billion. During the same period last year, the business earned $1.48 EPS. Emerson Electric’s revenue was up 5.1% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. As a group, equities analysts forecast that Emerson Electric will post 5.96 EPS for the current fiscal year.
Emerson Electric announced that its board has approved a stock repurchase program on Wednesday, November 5th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the industrial products company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.
Insiders Place Their Bets
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $133.00, for a total transaction of $965,979.00. Following the completion of the sale, the chief executive officer owned 196,292 shares of the company’s stock, valued at approximately $26,106,836. The trade was a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.23% of the company’s stock.
Institutional Investors Weigh In On Emerson Electric
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Emerson Electric by 0.4% in the third quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock worth $7,127,132,000 after purchasing an additional 201,040 shares during the period. State Street Corp lifted its stake in shares of Emerson Electric by 3.0% during the 2nd quarter. State Street Corp now owns 27,053,019 shares of the industrial products company’s stock valued at $3,606,979,000 after buying an additional 784,987 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Emerson Electric by 75.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,538,402 shares of the industrial products company’s stock worth $1,671,762,000 after buying an additional 5,371,585 shares during the period. Geode Capital Management LLC increased its stake in Emerson Electric by 0.7% in the 2nd quarter. Geode Capital Management LLC now owns 12,143,357 shares of the industrial products company’s stock worth $1,610,958,000 after buying an additional 89,192 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in Emerson Electric by 19.5% during the second quarter. Nordea Investment Management AB now owns 9,195,005 shares of the industrial products company’s stock valued at $1,223,947,000 after acquiring an additional 1,499,000 shares during the period. 74.30% of the stock is owned by hedge funds and other institutional investors.
Emerson Electric Company Profile
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.
See Also
- Five stocks we like better than Emerson Electric
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
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.
