What is Zacks Research's Forecast for EMR FY2027 Earnings?

Emerson Electric Co. (NYSE:EMR - Free Report) - Analysts at Zacks Research cut their FY2027 earnings per share (EPS) estimates for Emerson Electric in a note issued to investors on Thursday, June 5th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $6.79 for the year, down from their prior forecast of $6.83. The consensus estimate for Emerson Electric's current full-year earnings is $5.96 per share.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The industrial products company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.07. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. The company had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the company earned $1.36 earnings per share. The firm's revenue was up 1.3% on a year-over-year basis.

Several other equities research analysts also recently weighed in on EMR. JPMorgan Chase & Co. increased their target price on shares of Emerson Electric from $113.00 to $133.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Citigroup boosted their target price on Emerson Electric from $133.00 to $146.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Wall Street Zen upgraded Emerson Electric from a "hold" rating to a "buy" rating in a report on Friday, May 9th. Wells Fargo & Company raised their price target on Emerson Electric from $121.00 to $135.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 21st. Finally, Robert W. Baird reduced their target price on Emerson Electric from $140.00 to $130.00 and set a "neutral" rating on the stock in a research note on Thursday, May 8th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Emerson Electric presently has an average rating of "Moderate Buy" and an average target price of $134.65.

Emerson Electric Trading Up 1.0%

Shares of EMR opened at $123.68 on Monday. The stock has a market capitalization of $69.57 billion, a PE ratio of 29.52, a P/E/G ratio of 2.49 and a beta of 1.28. The company's fifty day moving average is $109.70 and its 200 day moving average is $118.43. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.54. Emerson Electric has a fifty-two week low of $90.06 and a fifty-two week high of $134.85.

Institutional Investors Weigh In On Emerson Electric

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Mcdonald Partners LLC boosted its position in shares of Emerson Electric by 0.6% in the 4th quarter. Mcdonald Partners LLC now owns 14,207 shares of the industrial products company's stock worth $1,761,000 after purchasing an additional 81 shares in the last quarter. Little House Capital LLC raised its stake in Emerson Electric by 0.5% in the fourth quarter. Little House Capital LLC now owns 17,009 shares of the industrial products company's stock valued at $2,108,000 after buying an additional 89 shares during the last quarter. Pittenger & Anderson Inc. boosted its holdings in Emerson Electric by 0.3% in the fourth quarter. Pittenger & Anderson Inc. now owns 36,035 shares of the industrial products company's stock worth $4,466,000 after acquiring an additional 95 shares in the last quarter. Hohimer Wealth Management LLC grew its stake in shares of Emerson Electric by 0.3% during the first quarter. Hohimer Wealth Management LLC now owns 27,963 shares of the industrial products company's stock worth $3,066,000 after acquiring an additional 95 shares during the last quarter. Finally, Clearstead Trust LLC increased its holdings in shares of Emerson Electric by 7.4% during the first quarter. Clearstead Trust LLC now owns 1,406 shares of the industrial products company's stock valued at $154,000 after acquiring an additional 97 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company's stock.

Insider Activity at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of the business's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $113.33, for a total value of $1,892,384.34. Following the completion of the transaction, the chief executive officer now directly owns 164,957 shares in the company, valued at approximately $18,694,576.81. The trade was a 9.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.50% of the stock is currently owned by corporate insiders.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 16th will be given a $0.5275 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $2.11 annualized dividend and a dividend yield of 1.71%. Emerson Electric's payout ratio is presently 50.48%.

Emerson Electric Company Profile

Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.

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