Emerson Electric (NYSE:EMR) Given New $155.00 Price Target at DA Davidson

Key Points

• DA Davidson raised Emerson Electric’s price target to $155 from $145 while maintaining a “neutral” rating, implying roughly 0.9% downside from the prior close. Analysts overall hold a “Moderate Buy” consensus with an average target of $167.39.
• Emerson shares fell 0.5% to $156.42 in Monday trading, with the stock valued at approximately $87.6 billion. The shares remain below their 12-month high of $166.35.
• The company recently exceeded quarterly expectations, reporting $1.71 in adjusted earnings per share versus the $1.68 consensus and revenue of $4.87 billion versus $4.80 billion expected. CEO Surendralal Karsanbhai subsequently sold 9,650 shares, while institutional investors own 74.3% of the stock.

Emerson Electric (NYSE:EMR - Get Free Report) had its price objective boosted by DA Davidson from $145.00 to $155.00 in a report released on Monday,Benzinga reports. The brokerage currently has a "neutral" rating on the industrial products company's stock. DA Davidson's price objective suggests a potential downside of 0.91% from the company's previous close.

A number of other brokerages also recently issued reports on EMR. KeyCorp cut their price objective on Emerson Electric from $185.00 to $170.00 and set an "overweight" rating for the company in a research report on Monday, July 13th. Royal Bank Of Canada upped their target price on shares of Emerson Electric from $169.00 to $179.00 and gave the company an "outperform" rating in a research report on Wednesday, August 5th. BNP Paribas Exane lifted their price target on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Rothschild & Co Redburn boosted their price target on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Emerson Electric in a report on Friday, July 31st. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $167.39.

Emerson Electric Trading Down 0.5%

Shares of NYSE EMR traded down $0.84 during midday trading on Monday, reaching $156.42. 262,087 shares of the stock were exchanged, compared to its average volume of 3,065,994. The stock has a market capitalization of $87.61 billion, a P/E ratio of 34.21, a PEG ratio of 2.34 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The company has a 50 day simple moving average of $148.04 and a 200 day simple moving average of $143.42. Emerson Electric has a twelve month low of $122.64 and a twelve month high of $166.35.

Emerson Electric (NYSE:EMR - Get Free Report) last released its quarterly earnings data 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 firm 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%.The firm's quarterly revenue was up .0% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, equities analysts expect that Emerson Electric will post 6.55 earnings per share for the current year.

Insider Buying and Selling at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company'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 directly 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 accessible through this hyperlink. Company insiders own 0.23% of the company's stock.

Institutional Trading of Emerson Electric

Large investors have recently modified their holdings of the stock. California State Teachers Retirement System grew its stake in Emerson Electric by 13,979.4% during the 2nd quarter. California State Teachers Retirement System now owns 118,758,958 shares of the industrial products company's stock worth $17,000,345,000 after purchasing an additional 117,915,465 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Emerson Electric by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company's stock worth $7,287,546,000 after buying an additional 578,242 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of Emerson Electric during the second quarter worth approximately $6,193,425,000. State Street Corp raised its holdings in Emerson Electric by 2.0% in the fourth quarter. State Street Corp now owns 27,483,440 shares of the industrial products company's stock valued at $3,647,602,000 after acquiring an additional 541,887 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in Emerson Electric by 13.1% in 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 during the last quarter. Hedge funds and other institutional investors own 74.30% of the company's stock.

About Emerson Electric

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.

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