Zacks Research Lifts Earnings Estimates for Emerson Electric

Emerson Electric Co. (NYSE:EMR - Free Report) - Investment analysts at Zacks Research boosted their Q2 2027 earnings per share (EPS) estimates for Emerson Electric in a note issued to investors on Monday, July 7th. Zacks Research analyst R. Department now forecasts that the industrial products company will earn $1.66 per share for the quarter, up from their previous 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.

Emerson Electric (NYSE:EMR - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The industrial products company reported $1.48 EPS for the quarter, topping the consensus estimate 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 return on equity of 13.22% and a net margin of 13.60%. The company's quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.36 earnings per share.

A number of other analysts also recently commented on the company. Barclays increased their price target on Emerson Electric from $118.00 to $125.00 and gave the company an "underweight" rating in a research report on Wednesday. KeyCorp increased their price target on Emerson Electric from $150.00 to $155.00 and gave the company an "overweight" rating in a research report on Tuesday, July 1st. Citigroup increased their price target on Emerson Electric from $133.00 to $146.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Wells Fargo & Company increased their price target on Emerson Electric from $135.00 to $150.00 and gave the company an "overweight" rating in a research report on Tuesday, July 1st. Finally, Royal Bank Of Canada increased their price target on Emerson Electric from $123.00 to $124.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $139.83.

Emerson Electric Stock Performance

Shares of EMR traded up $0.84 on Thursday, reaching $140.64. 2,237,601 shares of the company's stock traded hands, compared to its average volume of 3,007,734. The company has a current ratio of 0.80, a quick ratio of 0.59 and a debt-to-equity ratio of 0.42. The stock has a market cap of $79.11 billion, a PE ratio of 33.65, a PEG ratio of 2.71 and a beta of 1.29. The stock's 50 day simple moving average is $123.79 and its two-hundred day simple moving average is $118.78. Emerson Electric has a 52-week low of $90.06 and a 52-week high of $142.31.

Emerson Electric Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Friday, May 16th were issued a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend was Friday, May 16th. Emerson Electric's payout ratio is currently 50.48%.

Insider Activity at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was 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 directly owned 164,957 shares of the company's stock, valued at $18,694,576.81. This trade represents a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Emerson Electric

Institutional investors have recently added to or reduced their stakes in the business. Dominguez Wealth Management Solutions Inc. increased its stake in Emerson Electric by 0.4% in the 2nd quarter. Dominguez Wealth Management Solutions Inc. now owns 22,556 shares of the industrial products company's stock worth $3,007,000 after acquiring an additional 84 shares during the last quarter. Hohimer Wealth Management LLC increased its stake in Emerson Electric by 0.3% in the 1st 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. Clearstead Trust LLC increased its stake in Emerson Electric by 7.4% in the 1st quarter. Clearstead Trust LLC now owns 1,406 shares of the industrial products company's stock worth $154,000 after acquiring an additional 97 shares during the last quarter. Unison Advisors LLC increased its stake in Emerson Electric by 0.5% in the 4th quarter. Unison Advisors LLC now owns 21,213 shares of the industrial products company's stock worth $2,629,000 after acquiring an additional 98 shares during the last quarter. Finally, One Wealth Advisors LLC increased its stake in Emerson Electric by 5.7% in the 1st quarter. One Wealth Advisors LLC now owns 1,846 shares of the industrial products company's stock worth $202,000 after acquiring an additional 99 shares during the last quarter. 74.30% of the stock is currently owned by 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.