Wolfe Research Cuts Emerson Electric (NYSE:EMR) Price Target to $176.00

Emerson Electric (NYSE:EMRFree Report) had its price objective trimmed by Wolfe Research from $177.00 to $176.00 in a research note released on Friday,MarketScreener reports. The brokerage currently has an outperform rating on the industrial products company’s stock.

Other research analysts have also issued research reports about the stock. Oppenheimer restated a “market perform” rating on shares of Emerson Electric in a research note on Tuesday, January 27th. Citigroup raised their target price on Emerson Electric from $165.00 to $174.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Loop Capital upped their price target on Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Wells Fargo & Company raised their price objective on Emerson Electric from $145.00 to $160.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Finally, UBS Group upgraded Emerson Electric from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $131.00 to $168.00 in a report on Monday, January 5th. Eleven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $164.85.

Read Our Latest Report on Emerson Electric

Emerson Electric Price Performance

EMR opened at $150.67 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.62 and a debt-to-equity ratio of 0.37. Emerson Electric has a 1 year low of $90.06 and a 1 year high of $165.15. The stock has a fifty day moving average price of $146.53 and a 200 day moving average price of $137.31. The stock has a market cap of $84.67 billion, a price-to-earnings ratio of 36.84, a PEG ratio of 2.40 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.05. The company had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.37 billion. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period last year, the business earned $1.38 EPS. 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. Analysts forecast that Emerson Electric will post 5.96 EPS for the current fiscal year.

Emerson Electric announced that its board has authorized a share repurchase plan on Wednesday, November 5th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the industrial products company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th will be issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, February 13th. Emerson Electric’s payout ratio is presently 54.28%.

Insider Transactions at Emerson Electric

In other Emerson Electric news, VP Nicholas J. Piazza sold 6,703 shares of Emerson Electric stock in a transaction on Monday, February 9th. The stock was sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the completion of the transaction, the vice president directly owned 31,664 shares of the company’s stock, valued at approximately $5,036,792.48. This trade represents a 17.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $133.00, for a total transaction of $965,979.00. Following the completion of the sale, the chief executive officer directly owned 196,292 shares in the company, valued at approximately $26,106,836. The trade was a 3.57% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 15,442 shares of company stock valued at $2,271,573. Corporate insiders own 0.23% of the company’s stock.

Hedge Funds Weigh In On Emerson Electric

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EMR. Rooted Wealth Advisors Inc. boosted its holdings in shares of Emerson Electric by 3.0% in the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after acquiring an additional 64 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in Emerson Electric by 1.7% in the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,338 shares of the industrial products company’s stock valued at $578,000 after purchasing an additional 71 shares during the last quarter. Institute for Wealth Management LLC. boosted its stake in Emerson Electric by 1.6% in the fourth quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock worth $603,000 after purchasing an additional 71 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its holdings in shares of Emerson Electric by 2.4% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock worth $411,000 after purchasing an additional 72 shares during the last quarter. Finally, Cornell Pochily Investment Advisors Inc. raised its holdings in shares of Emerson Electric by 0.3% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock valued at $3,883,000 after buying an additional 76 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

About Emerson Electric

(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.

See Also

Analyst Recommendations for Emerson Electric (NYSE:EMR)

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.