Emerson Electric (NYSE:EMR) Stock Gets Price Target Bump from Royal Bank Of Canada

Key Points

• Royal Bank of Canada raised Emerson Electric’s price target from $179 to $188 and maintained an “outperform” rating, implying approximately 15.69% upside from the stock’s $162.51 price.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $171.39; ratings include one Strong Buy, 14 Buys, eight Holds, and one Sell.
• Emerson exceeded quarterly expectations, reporting $1.71 in adjusted EPS versus the $1.68 consensus and $4.87 billion in revenue versus $4.80 billion expected. Institutional investors own approximately 74.3% of the company.

Emerson Electric (NYSE:EMR - Get Free Report) had its target price increased by stock analysts at Royal Bank Of Canada from $179.00 to $188.00 in a report released on Wednesday, Benzinga reports. The firm currently has an "outperform" rating on the industrial products company's stock. Royal Bank Of Canada's price objective indicates a potential upside of 15.69% from the stock's current price.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. boosted their price target on shares of Emerson Electric from $169.00 to $184.00 and gave the stock an "overweight" rating in a research report on Friday, October 9th. BMO Capital Markets increased their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Rothschild & Co Redburn increased their price target on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Stephens upped their price target on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Finally, Evercore lowered their target price on shares of Emerson Electric from $190.00 to $185.00 and set an "outperform" rating for the company in a research note on Monday, August 31st. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Emerson Electric currently has a consensus rating of "Moderate Buy" and a consensus price target of $171.39.

Emerson Electric Price Performance

NYSE:EMR opened at $162.51 on Wednesday. The firm has a market cap of $91.02 billion, a price-to-earnings ratio of 35.57, a price-to-earnings-growth ratio of 2.24 and a beta of 1.21. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The company has a 50 day moving average price of $156.16 and a 200-day moving average price of $146.15. 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 released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping analysts' consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion during 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 quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior 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. Equities research analysts forecast that Emerson Electric will post 6.55 EPS for the current year.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Forvis Mazars Wealth Advisors LLC lifted its stake in Emerson Electric by 0.6% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 12,044 shares of the industrial products company's stock worth $1,868,000 after purchasing an additional 67 shares during the period. Raiffeisen Bank International AG lifted its holdings in shares of Emerson Electric by 0.5% during the second quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company's stock valued at $2,110,000 after acquiring an additional 68 shares during the period. Sapient Capital LLC boosted its stake in shares of Emerson Electric by 1.6% in the 3rd quarter. Sapient Capital LLC now owns 4,850 shares of the industrial products company's stock valued at $752,000 after purchasing an additional 76 shares in the last quarter. Providence Wealth Advisors LLC lifted its holdings in Emerson Electric by 0.8% during the 1st quarter. Providence Wealth Advisors LLC now owns 10,064 shares of the industrial products company's stock valued at $1,323,000 after purchasing an additional 79 shares during the last quarter. Finally, Waverly Advisors LLC grew its stake in Emerson Electric by 0.3% during the first quarter. Waverly Advisors LLC now owns 29,815 shares of the industrial products company's stock worth $3,906,000 after buying an additional 79 shares during the last quarter. 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 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.

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