Emerson Electric (NYSE:EMR) Sets New 52-Week High - Still a Buy?

Key Points

• Emerson Electric reached a new 52-week high of $166.35, with shares last trading near $165 and a market capitalization of approximately $91.3 billion.
• Analyst sentiment remains positive but mixed: 13 analysts rate the stock a Buy, 10 a Hold and one a Sell, producing a “Moderate Buy” consensus and a $166.22 price target—roughly in line with the current share price.
• Emerson exceeded quarterly expectations with $1.71 in earnings per share versus the $1.68 consensus and revenue of $4.87 billion. The company also declared a quarterly dividend of $0.555 per share, implying a 1.4% annual yield.

Emerson Electric Co. (NYSE:EMR - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The stock traded as high as $166.35 and last traded at $165.0080, with a volume of 135816 shares changing hands. The stock had previously closed at $164.38.

Analysts Set New Price Targets

Several brokerages have recently commented on EMR. Barclays boosted their price objective on Emerson Electric from $140.00 to $144.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 6th. KeyCorp dropped their target price on shares of Emerson Electric from $185.00 to $170.00 and set an "overweight" rating for the company in a research report on Monday, July 13th. Wall Street Zen raised shares of Emerson Electric from a "hold" rating to a "buy" rating in a report on Saturday. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Emerson Electric in a report on Friday, July 31st. Finally, Wells Fargo & Company lifted their price target on Emerson Electric from $135.00 to $155.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 7th. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Emerson Electric presently has an average rating of "Moderate Buy" and a consensus target price of $166.22.

Emerson Electric Trading Down 0.8%

The firm's 50-day simple moving average is $144.94 and its 200-day simple moving average is $142.78. The firm has a market capitalization of $91.32 billion, a PE ratio of 35.71, a price-to-earnings-growth ratio of 2.36 and a beta of 1.24. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR - Get Free Report) last released its earnings results 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. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. During the same quarter in the previous year, the company posted $1.52 EPS. Emerson Electric's revenue for the quarter was up .0% on a year-over-year basis. 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 analysts expect that Emerson Electric Co. will post 6.56 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric's dividend payout ratio is currently 48.58%.

Hedge Funds Weigh In On Emerson Electric

Hedge funds have recently modified their holdings of the company. Basso Capital Management L.P. purchased a new stake in Emerson Electric in the 4th quarter worth approximately $25,000. Allied Private Wealth LLC purchased a new position in Emerson Electric during the 2nd quarter valued at $27,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Emerson Electric in the 4th quarter worth about $27,000. Motiv8 Investments LLC bought a new stake in shares of Emerson Electric during the 4th quarter valued at about $27,000. Finally, Ares Financial Consulting LLC purchased a new position in shares of Emerson Electric during the fourth quarter valued at about $29,000. 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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