Evercore Cuts Emerson Electric (NYSE:EMR) Price Target to $185.00

Emerson Electric (NYSE:EMR) had its price target lowered by stock analysts at Evercore from $190.00 to $185.00 in a research note issued to investors on Monday,MarketScreener reports. The brokerage currently has an “outperform” rating on the industrial products company’s stock. Evercore’s target price would indicate a potential upside of 19.07% from the company’s previous close.

Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a report on Friday, July 17th. HSBC upped their price target on Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. BNP Paribas Exane raised their price objective on Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. BMO Capital Markets upped their target price on shares of Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Finally, 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 report on Friday, May 15th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $167.83.

Emerson Electric Stock Performance

NYSE:EMR opened at $155.37 on Monday. The firm has a market capitalization of $87.02 billion, a P/E ratio of 34.00, a P/E/G ratio of 2.31 and a beta of 1.24. Emerson Electric has a twelve month low of $122.64 and a twelve month high of $166.35. The company has a fifty day moving average of $148.79 and a 200-day moving average of $143.46. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same quarter in the prior year, the company earned $1.52 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. As a group, sell-side analysts anticipate that Emerson Electric will post 6.54 EPS for the current year.

Insider Buying and Selling

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.23% of the company’s stock.

Institutional Trading of Emerson Electric

Hedge funds and other institutional investors have recently made changes to their positions in the stock. PensionDanmark Pensionsforsikringsaktieselskab grew its holdings in shares of Emerson Electric by 9.4% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock valued at $14,563,000 after purchasing an additional 8,700 shares during the last quarter. BlackRock Inc. bought a new position in shares of Emerson Electric during the second quarter valued at about $6,193,425,000. Fisher Asset Management LLC increased its holdings in shares of Emerson Electric by 14.8% in the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after buying an additional 928,548 shares during the period. Truist Financial Corp boosted its holdings in Emerson Electric by 4.6% during the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock valued at $157,294,000 after acquiring an additional 52,440 shares during the period. Finally, Legal & General Group Plc raised its holdings in Emerson Electric by 2.1% during the 4th quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock valued at $546,072,000 after buying an additional 84,064 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors.

About Emerson Electric

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.