Emerson Electric (NYSE:EMR – Get Free Report) had its price target decreased by stock analysts at Wolfe Research from $176.00 to $169.00 in a research note issued on Wednesday,MarketScreener reports. The brokerage currently has an “outperform” rating on the industrial products company’s stock. Wolfe Research’s target price indicates a potential upside of 16.71% from the stock’s previous close.
EMR has been the topic of several other research reports. Loop Capital boosted their price target on shares of Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Weiss Ratings lowered shares of Emerson Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, February 4th. Evercore boosted their price target on shares of Emerson Electric from $170.00 to $185.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Wells Fargo & Company lowered their price target on shares of Emerson Electric from $160.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 1st. Finally, Citigroup boosted their price target on shares of Emerson Electric from $165.00 to $174.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Twelve investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Emerson Electric currently has an average rating of “Hold” and a consensus target price of $162.38.
Read Our Latest Research Report on Emerson Electric
Emerson Electric Stock Up 1.5%
Emerson Electric (NYSE:EMR – Get Free Report) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.05. The firm had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.37 billion. Emerson Electric had a net margin of 12.72% and a return on equity of 17.25%. The company’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.38 earnings per share. 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. As a group, equities analysts expect that Emerson Electric will post 5.96 earnings per share for the current year.
Insider Buying and Selling
In related news, VP Nicholas J. Piazza sold 6,703 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the sale, the vice president owned 31,664 shares of the company’s stock, valued at approximately $5,036,792.48. This represents a 17.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Matthew S. Levatich sold 1,476 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $162.16, for a total transaction of $239,348.16. Following the sale, the director directly owned 24,349 shares in the company, valued at $3,948,433.84. This trade represents a 5.72% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 13,879 shares of company stock valued at $2,116,818. Company insiders own 0.23% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rooted Wealth Advisors Inc. grew its holdings in shares of Emerson Electric by 3.0% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after purchasing an additional 64 shares during the last quarter. Institute for Wealth Management LLC. grew its holdings in shares of Emerson Electric by 1.6% during the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after purchasing an additional 71 shares during the last quarter. Cary Street Partners Investment Advisory LLC grew its holdings in shares of Emerson Electric by 2.4% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after purchasing an additional 72 shares during the last quarter. Cornell Pochily Investment Advisors Inc. grew its holdings in shares of Emerson Electric by 0.3% during the 4th quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock valued at $3,883,000 after purchasing an additional 76 shares during the last quarter. Finally, Zhang Financial LLC grew its holdings in shares of Emerson Electric by 2.7% during the 4th quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock valued at $384,000 after purchasing an additional 76 shares during the last quarter. 74.30% of the stock is currently owned by hedge funds and other 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.
See Also
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.
