Emerson Electric (NYSE:EMR) Now Covered by Wells Fargo & Company

Key Points

• Wells Fargo initiated coverage of Emerson Electric with an “overweight” rating and a $177 price target, implying approximately 12.14% upside from the reported $157.83 share price.
• Analyst sentiment is broadly positive: 14 analysts rate the stock a Buy, nine rate it Hold, and one rates it Sell, resulting in a “Moderate Buy” consensus and an average target price of $168.78.
• Emerson exceeded quarterly expectations, reporting $1.71 in earnings per share versus the $1.68 consensus and $4.87 billion in revenue versus $4.80 billion expected. Institutional investors own 74.30% of the company, while CEO Surendralal Karsanbhai recently sold 9,650 shares.

Wells Fargo & Company assumed coverage on shares of Emerson Electric (NYSE:EMR - Get Free Report) in a note issued to investors on Friday, Benzinga reports. The firm set an "overweight" rating and a $177.00 price target on the industrial products company's stock. Wells Fargo & Company's price target points to a potential upside of 12.14% from the stock's current price.

EMR has been the subject of a number of other reports. Evercore reduced their price objective on shares of Emerson Electric from $190.00 to $185.00 and set an "outperform" rating for the company in a research report on Monday, August 31st. Royal Bank Of Canada boosted their target price on shares of Emerson Electric from $169.00 to $179.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 5th. BMO Capital Markets upped their price target on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. KeyCorp decreased their price target on shares of Emerson Electric from $185.00 to $170.00 and set an "overweight" rating on the stock in a research note on Monday, July 13th. Finally, Citigroup boosted their price objective on Emerson Electric from $174.00 to $182.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Fourteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $168.78.

Emerson Electric Trading Up 1.1%

EMR opened at $157.83 on Friday. The company has a market cap of $88.40 billion, a P/E ratio of 34.37, a price-to-earnings-growth ratio of 2.31 and a beta of 1.24. The company has a fifty day moving average price of $152.70 and a two-hundred day moving average price of $143.68. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. Emerson Electric has a 1-year low of $122.64 and a 1-year high of $166.35.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion for 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%.Emerson Electric's revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the firm posted $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. Analysts predict that Emerson Electric will post 6.55 EPS for the current fiscal year.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer directly owned 271,743 shares of the company's stock, 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 legal filing with the SEC, which is accessible through this hyperlink. 0.23% of the stock is currently owned by company insiders.

Institutional Trading of Emerson Electric

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Basso Capital Management L.P. bought a new stake in shares of Emerson Electric during the 4th quarter worth about $25,000. Allied Private Wealth LLC acquired a new position in Emerson Electric in the second quarter worth $27,000. Orion Capital Management LLC acquired a new position in Emerson Electric in the second quarter worth $29,000. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Emerson Electric during the second quarter worth $30,000. Finally, MidFirst Bank bought a new position in shares of Emerson Electric in the second quarter valued at about $31,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company's portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.

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