Wall Street Zen upgraded shares of Emerson Electric (NYSE:EMR – Free Report) from a hold rating to a buy rating in a research report report published on Saturday.
Other equities research analysts have also recently issued reports about the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. Sanford C. Bernstein dropped their price objective on shares of Emerson Electric from $175.00 to $169.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Citigroup raised their target price on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Barclays boosted their target price on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Finally, DA Davidson began coverage on Emerson Electric in a research note on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price target on the stock. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus price target of $166.22.
Get Our Latest Stock Report on Emerson Electric
Emerson Electric Price Performance
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter last year, the firm posted $1.52 EPS. 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. On average, equities analysts anticipate that Emerson Electric will post 6.56 EPS for the current year.
Emerson Electric Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.
Hedge Funds Weigh In On Emerson Electric
Several large investors have recently added to or reduced their stakes in the business. Basso Capital Management L.P. bought a new position in shares of Emerson Electric in the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC bought a new stake in Emerson Electric during the second quarter worth $27,000. IFC & Insurance Marketing Inc. bought a new stake in Emerson Electric during the fourth quarter worth $27,000. Motiv8 Investments LLC purchased a new stake in Emerson Electric in the 4th quarter valued at $27,000. Finally, MidFirst Bank bought a new position in Emerson Electric during the 2nd quarter valued at $31,000. Institutional investors own 74.30% of the company’s stock.
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.
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