Emerson Electric (NYSE:EMR) Raised to “Overweight” at JPMorgan Chase & Co.

Emerson Electric (NYSE:EMRGet Free Report) was upgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report issued on Friday, MarketBeat Ratings reports. The brokerage currently has a $157.00 price objective on the industrial products company’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 12.64% from the company’s previous close.

A number of other analysts have also recently weighed in on the stock. Royal Bank Of Canada increased their price objective on shares of Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Wolfe Research decreased their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. Daiwa Securities Group dropped their price target on shares of 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 lifted their price target on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Finally, KeyCorp decreased their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $162.64.

View Our Latest Stock Report on Emerson Electric

Emerson Electric Trading Up 0.2%

NYSE:EMR opened at $139.39 on Friday. The firm has a market capitalization of $78.07 billion, a P/E ratio of 32.19, a P/E/G ratio of 2.23 and a beta of 1.25. The business has a 50 day simple moving average of $140.35 and a 200 day simple moving average of $141.81. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. Emerson Electric has a 12-month low of $122.64 and a 12-month high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The firm had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. During the same period last year, the company earned $1.48 earnings per share. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. Equities research analysts predict that Emerson Electric will post 6.49 EPS for the current year.

Institutional Trading of Emerson Electric

A number of institutional investors have recently made changes to their positions in the stock. Murphy Middleton Hinkle & Parker Inc. boosted its holdings in shares of Emerson Electric by 229.1% during the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock worth $6,167,000 after buying an additional 32,346 shares during the period. Forbes J M & Co. LLP raised its holdings in Emerson Electric by 692.5% in the 4th quarter. Forbes J M & Co. LLP now owns 95,811 shares of the industrial products company’s stock worth $12,716,000 after acquiring an additional 83,721 shares during the period. Assenagon Asset Management S.A. lifted its position in Emerson Electric by 863.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 548,823 shares of the industrial products company’s stock worth $72,840,000 after acquiring an additional 491,883 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Emerson Electric by 14.8% during the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after acquiring an additional 928,548 shares during the period. Finally, Legal & General Group Plc grew its position in shares of Emerson Electric by 2.1% in the fourth quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock valued at $546,072,000 after purchasing an additional 84,064 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Company Profile

(Get Free Report)

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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