Research analysts at DA Davidson began coverage on shares of Emerson Electric (NYSE:EMR – Get Free Report) in a research report issued to clients and investors on Tuesday. The brokerage set a “neutral” rating and a $145.00 price target on the industrial products company’s stock. DA Davidson’s target price indicates a potential downside of 1.08% from the company’s previous close.
Other research analysts have also recently issued research reports about the company. Royal Bank Of Canada lifted their price objective on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Jefferies Financial Group started coverage on Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 price objective for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. Sanford C. Bernstein started coverage on shares of Emerson Electric in a research report on Wednesday, June 10th. They set an “outperform” rating and a $175.00 price objective on the stock. Finally, Wolfe Research cut their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.96.
Read Our Latest Analysis on EMR
Emerson Electric Stock Up 2.5%
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.53 by $0.01. The business had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.48 EPS. 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 analysts expect that Emerson Electric will post 6.49 earnings per share for the current year.
Hedge Funds Weigh In On Emerson Electric
A number of institutional investors and hedge funds have recently made changes to their positions in the business. LFG Wealth Partners LLC boosted its holdings in shares of Emerson Electric by 2.0% in the first quarter. LFG Wealth Partners LLC now owns 11,189 shares of the industrial products company’s stock worth $1,466,000 after buying an additional 222 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its holdings in Emerson Electric by 118.8% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 15,853 shares of the industrial products company’s stock valued at $2,077,000 after purchasing an additional 8,606 shares in the last quarter. DV Trading LLC lifted its holdings in Emerson Electric by 214.8% during the first quarter. DV Trading LLC now owns 1,889 shares of the industrial products company’s stock valued at $247,000 after purchasing an additional 1,289 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Emerson Electric by 3.7% during the first quarter. NewEdge Advisors LLC now owns 421,545 shares of the industrial products company’s stock valued at $55,231,000 after purchasing an additional 14,893 shares in the last quarter. Finally, First Nebraska Trust Co purchased a new position in Emerson Electric during the first quarter valued at approximately $5,190,000. Hedge funds and other 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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