Emerson Electric (NYSE:EMR) Stock Price Target Raised at Mizuho

Emerson Electric (NYSE:EMR) had its price objective lifted by equities researchers at Mizuho from $173.00 to $180.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Mizuho’s price objective would indicate a potential upside of 11.83% from the stock’s previous close.

Several other brokerages have also issued reports on EMR. Evercore decreased their target price on Emerson Electric from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Monday, August 31st. Weiss Ratings raised shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. BNP Paribas Exane increased their price target on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Royal Bank Of Canada raised their price objective on shares of Emerson Electric from $179.00 to $188.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus target price of $171.75.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $160.97 on Thursday. The company has a market capitalization of $90.16 billion, a PE ratio of 35.22, a PEG ratio of 2.26 and a beta of 1.21. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The stock’s 50 day moving average price is $156.13 and its 200-day moving average price is $146.39. Emerson Electric has a twelve month low of $122.64 and a twelve month high of $166.35.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. Emerson Electric’s revenue was up .0% on a year-over-year basis. During the same period last year, the business posted $1.52 earnings per share. 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, equities analysts anticipate that Emerson Electric will post 6.55 EPS for the current year.

Insider Activity

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Emerson Electric

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Emerson Electric in the 2nd quarter worth approximately $6,193,425,000. State Street Corp raised its holdings in 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 valued at $3,962,177,000 after acquiring an additional 403,957 shares during the period. Bank of America Corp DE lifted its position in shares of Emerson Electric by 13.1% during the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after acquiring an additional 2,302,055 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Emerson Electric by 1.9% during the first quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock worth $827,478,000 after acquiring an additional 117,513 shares in the last quarter. Finally, Legal & General Group Plc bought a new position in shares of Emerson Electric in the second quarter worth $613,846,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company that provides products, software and services for industrial, commercial and residential applications. Its offerings help customers automate processes, measure and control operations, improve equipment performance, and manage complex industrial systems.

The company’s portfolio includes process-control and automation systems, industrial software, measurement and analytical instruments, control valves, regulators, electrical equipment, and related services.