Sanford C. Bernstein Raises Emerson Electric (NYSE:EMR) Price Target to $186.00

Key Points

• Sanford C. Bernstein raised Emerson Electric’s price target from $169 to $186 and maintained an “outperform” rating, implying 14.09% upside from the prior close.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and average price target of $166.96; 13 analysts rate the stock a Buy, 10 a Hold, and one a Sell.
• Emerson’s latest quarterly results exceeded expectations, with earnings of $1.71 per share versus the $1.68 estimate and revenue of $4.87 billion versus $4.80 billion expected. Shares closed at $163.03 after falling 0.7%.

Emerson Electric (NYSE:EMR - Get Free Report) had its price target lifted by investment analysts at Sanford C. Bernstein from $169.00 to $186.00 in a report issued on Friday,Benzinga reports. The brokerage presently has an "outperform" rating on the industrial products company's stock. Sanford C. Bernstein's price target would indicate a potential upside of 14.09% from the company's previous close.

A number of other research firms have also recently commented on EMR. BMO Capital Markets increased their target price on Emerson Electric from $157.00 to $175.00 in a 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 report on Thursday, August 6th. Daiwa Securities Group reduced their price objective on Emerson Electric from $177.00 to $156.00 and set an "outperform" rating on the stock in a research note on Friday, May 15th. Wells Fargo & Company raised their price objective on Emerson Electric from $135.00 to $155.00 and gave the company an "equal weight" rating in a research note on Thursday, May 7th. Finally, BNP Paribas Exane lifted their price objective on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Emerson Electric presently has a consensus rating of "Moderate Buy" and a consensus target price of $166.96.

Emerson Electric Stock Down 0.7%

Shares of EMR stock traded down $1.19 during midday trading on Friday, reaching $163.03. 1,044,759 shares of the stock were exchanged, compared to its average volume of 3,113,704. Emerson Electric has a 1 year low of $122.64 and a 1 year high of $166.35. The firm has a market cap of $91.31 billion, a PE ratio of 35.67, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24. The company's 50 day moving average is $145.83 and its two-hundred day moving average is $143.00. 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 (NYSE:EMR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $4.80 billion. During the same period in the prior year, the firm earned $1.52 earnings per share. The firm'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. On average, equities research analysts predict that Emerson Electric will post 6.56 EPS for the current year.

Insider Activity

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer 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 transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.23% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Emerson Electric

Hedge funds have recently modified their holdings of the business. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric during the fourth quarter valued at about $25,000. Allied Private Wealth LLC acquired a new stake in Emerson Electric in the 2nd quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. purchased a new stake in Emerson Electric in the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC acquired a new position in Emerson Electric during the fourth quarter worth $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Emerson Electric in the fourth quarter valued at $29,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Emerson Electric Company Profile

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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