BMO Capital Markets assumed coverage on shares of Emerson Electric (NYSE:EMR – Free Report) in a research note issued to investors on Friday morning, MarketBeat Ratings reports. The firm issued a market perform rating and a $150.00 target price on the industrial products company’s stock.
A number of other equities analysts have also commented on EMR. HSBC lifted their price target on shares of Emerson Electric from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. KeyCorp raised their target price on Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Jefferies Financial Group upped their price target on Emerson Electric from $150.00 to $160.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Wolfe Research decreased their price target on Emerson Electric from $177.00 to $176.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Finally, JPMorgan Chase & Co. lifted their price objective on Emerson Electric from $150.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Eleven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Emerson Electric has a consensus rating of “Hold” and a consensus price target of $164.14.
View Our Latest Analysis on Emerson Electric
Emerson Electric Stock Performance
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.05. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The business had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.37 billion. During the same quarter last year, the business earned $1.38 EPS. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. Equities research analysts anticipate that Emerson Electric will post 5.96 earnings per share for the current year.
Emerson Electric Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th were issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, February 13th. Emerson Electric’s dividend payout ratio is presently 54.28%.
Insider Transactions at Emerson Electric
In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the completion of the sale, the chief executive officer owned 281,393 shares of the company’s stock, valued at $40,047,851.76. This trade represents a 1.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Matthew S. Levatich sold 1,476 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total transaction of $239,348.16. Following the transaction, the director owned 24,349 shares in the company, valued at $3,948,433.84. The trade was a 5.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 13,879 shares of company stock valued at $2,116,818 in the last quarter. 0.23% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Emerson Electric
A number of institutional investors and hedge funds have recently made changes to their positions in EMR. Norges Bank acquired a new position in Emerson Electric during the 4th quarter worth approximately $1,050,040,000. Schroder Investment Management Group grew its position in Emerson Electric by 51.6% in the 2nd quarter. Schroder Investment Management Group now owns 6,346,398 shares of the industrial products company’s stock valued at $846,165,000 after purchasing an additional 2,159,126 shares during the period. Ameriprise Financial Inc. increased its stake in Emerson Electric by 185.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock valued at $418,730,000 after purchasing an additional 2,075,425 shares in the last quarter. Fisher Asset Management LLC raised its holdings in Emerson Electric by 43.0% during the second quarter. Fisher Asset Management LLC now owns 5,193,448 shares of the industrial products company’s stock worth $692,442,000 after buying an additional 1,561,600 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Emerson Electric by 29.2% in the third quarter. Bank of New York Mellon Corp now owns 5,260,097 shares of the industrial products company’s stock valued at $690,020,000 after buying an additional 1,187,974 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.
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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