Emerson Electric (NYSE:EMR) Price Target Raised to $180.00

Key Points

• Wells Fargo raised Emerson Electric’s price target from $177 to $180 and maintained an Overweight rating, implying 9.44% upside from the prior close.
• Emerson reported quarterly EPS of $1.86, slightly above the $1.85 consensus, and revenue of $5.20 billion versus expectations of $5.11 billion.
• Shares fell 3.5% to $164.47 in Thursday’s trading. Analysts’ consensus rating was Moderate Buy, with an average price target of $173.33.

Emerson Electric (NYSE:EMR - Get Free Report) had its target price boosted by equities research analysts at Wells Fargo & Company from $177.00 to $180.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has an "overweight" rating on the industrial products company's stock. Wells Fargo & Company's price objective suggests a potential upside of 9.44% from the company's previous close.

Several other brokerages also recently commented on EMR. BMO Capital Markets upgraded Emerson Electric from a "hold" rating to a "strong-buy" rating in a research report on Sunday. DA Davidson raised their price objective on Emerson Electric from $145.00 to $155.00 and gave the company a "neutral" rating in a research note on Monday, August 24th. Evercore cut their price target on shares of Emerson Electric from $190.00 to $185.00 and set an "outperform" rating on the stock in a report on Monday, August 31st. Mizuho lifted their target price on Emerson Electric from $173.00 to $180.00 and gave the stock an "outperform" rating in a research report on Thursday, October 15th. Finally, KeyCorp increased their price objective on Emerson Electric from $170.00 to $200.00 and gave the stock an "overweight" rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Emerson Electric has a consensus rating of "Moderate Buy" and an average price target of $173.33.

Emerson Electric Stock Down 3.5%

Emerson Electric stock traded down $5.97 during mid-day trading on Thursday, hitting $164.47. The company had a trading volume of 1,594,460 shares, compared to its average volume of 2,962,701. The company has a market capitalization of $92.12 billion, a PE ratio of 35.88, a price-to-earnings-growth ratio of 2.35 and a beta of 1.23. 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 12 month low of $122.64 and a 12 month high of $172.00. The stock's 50 day moving average price is $157.73 and its two-hundred day moving average price is $147.46.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.85 by $0.01. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The firm had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.11 billion. During the same period in the prior year, the company posted $1.62 earnings per share. The company's quarterly revenue was up .0% on a year-over-year basis. As a group, sell-side analysts anticipate that Emerson Electric will post 6.56 earnings per share for the current fiscal year.

Insider Transactions at Emerson Electric

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm's stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the sale, the chief executive officer owned 271,743 shares of the company's stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.23% of the company's stock.

Institutional Investors Weigh In On Emerson Electric

Institutional investors have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in shares of Emerson Electric in the 2nd quarter valued at $6,193,425,000. Bank of America Corp DE acquired a new position in Emerson Electric during the second quarter worth $2,629,146,000. Bank of New York Mellon Corp acquired a new position in Emerson Electric during the second quarter worth $659,000,000. Legal & General Group Plc bought a new position in Emerson Electric during the second quarter valued at about $613,846,000. Finally, Jupiter Topco LLC bought a new position in Emerson Electric during the second quarter valued at about $260,485,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric News Summary

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Fiscal Q4 adjusted earnings were $1.86 per share, above the $1.85 consensus, while revenue of $5.20 billion topped estimates of $5.11 billion. Orders rose 14%, and the company forecast about 5% sales growth in fiscal 2027. Emerson Q4 and full-year results
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. Emerson dividend increase
• Positive Sentiment: KeyCorp raised its price target to $200 from $170 and maintained an Overweight rating; Bernstein also increased its target, to $196 from $186. Bernstein price-target update
• Neutral Sentiment: The long dividend-growth record may appeal to income investors, but the recent stock rally has left the yield relatively low, limiting its attraction for yield-focused buyers. Dividend and valuation discussion
• Negative Sentiment: Some coverage characterized the 2027 outlook as cautious, which may be weighing on the shares despite the quarterly beat. Morgan Stanley had also cut its target to $140 from $145 and rated the stock Underweight. Emerson earnings and outlook

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.