Zacks Research Lifts Earnings Estimates for Emerson Electric

Emerson Electric Co. (NYSE:EMR - Free Report) - Zacks Research raised their Q2 2027 earnings estimates for Emerson Electric in a research note issued on Monday, July 7th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $1.66 for the quarter, up from their prior forecast of $1.65. The consensus estimate for Emerson Electric's current full-year earnings is $5.96 per share. Zacks Research also issued estimates for Emerson Electric's Q3 2027 earnings at $1.72 EPS and FY2027 earnings at $6.82 EPS.

EMR has been the subject of a number of other reports. JPMorgan Chase & Co. lifted their price target on shares of Emerson Electric from $113.00 to $133.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. Robert W. Baird reduced their price target on shares of Emerson Electric from $140.00 to $130.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Wells Fargo & Company lifted their price target on shares of Emerson Electric from $135.00 to $150.00 and gave the company an "overweight" rating in a research report on Tuesday, July 1st. Barclays lifted their price objective on Emerson Electric from $118.00 to $125.00 and gave the stock an "underweight" rating in a research report on Wednesday. Finally, KeyCorp lifted their price objective on Emerson Electric from $150.00 to $155.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $139.83.

Emerson Electric Price Performance

Shares of EMR stock traded down $0.60 during midday trading on Thursday, reaching $140.07. 2,107,737 shares of the company traded hands, compared to its average volume of 3,007,220. The firm's 50 day simple moving average is $125.11 and its two-hundred day simple moving average is $119.00. Emerson Electric has a 1-year low of $90.06 and a 1-year high of $142.32. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.80 and a quick ratio of 0.59. The firm has a market cap of $78.79 billion, a PE ratio of 33.51, a price-to-earnings-growth ratio of 2.73 and a beta of 1.29.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.42 billion. Emerson Electric had a net margin of 13.60% and a return on equity of 13.22%. The firm's revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.36 earnings per share.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Friday, May 16th were paid a $0.5275 dividend. The ex-dividend date was Friday, May 16th. This represents a $2.11 annualized dividend and a yield of 1.51%. Emerson Electric's payout ratio is currently 50.48%.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of Emerson Electric stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 164,957 shares of the company's stock, valued at approximately $18,694,576.81. The trade was a 9.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.50% of the company's stock.

Institutional Trading of Emerson Electric

Several institutional investors have recently made changes to their positions in EMR. Orion Capital Management LLC purchased a new stake in shares of Emerson Electric during the 4th quarter valued at $25,000. Saudi Central Bank purchased a new stake in shares of Emerson Electric during the 1st quarter valued at $25,000. Vega Investment Solutions purchased a new stake in shares of Emerson Electric during the 4th quarter valued at $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Emerson Electric during the 1st quarter valued at $27,000. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in shares of Emerson Electric during the 4th quarter valued at $28,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

About Emerson Electric

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.