Emerson Electric (NYSE:EMR) Price Target Cut to $169.00 by Analysts at Sanford C. Bernstein

Emerson Electric (NYSE:EMRFree Report) had its target price decreased by Sanford C. Bernstein from $175.00 to $169.00 in a research report report published on Monday,MarketScreener reports. Sanford C. Bernstein currently has an outperform rating on the industrial products company’s stock.

Several other equities analysts have also commented on EMR. Wells Fargo & Company upped their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. KeyCorp cut their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Daiwa Securities Group reduced their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. JPMorgan Chase & Co. upgraded shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price for the company in a research report on Friday. Finally, BMO Capital Markets raised their price target on shares of Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Thirteen 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.36.

View Our Latest Research Report on EMR

Emerson Electric Stock Down 2.1%

NYSE:EMR opened at $136.61 on Monday. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The stock has a 50 day moving average of $140.29 and a 200-day moving average of $141.87. The firm has a market capitalization of $76.51 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 2.23 and a beta of 1.25. Emerson Electric has a 52 week low of $122.64 and a 52 week high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 17.18% and a net margin of 13.35%.The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. Analysts predict that Emerson Electric will post 6.49 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio is currently 51.27%.

Institutional Trading of Emerson Electric

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in shares of Emerson Electric in the fourth quarter valued at $1,050,040,000. Bank of America Corp DE grew its holdings in Emerson Electric by 13.1% during the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after acquiring an additional 2,302,055 shares during the period. Janus Henderson Group PLC raised its position in Emerson Electric by 95.7% in the first quarter. Janus Henderson Group PLC now owns 2,207,707 shares of the industrial products company’s stock worth $289,262,000 after acquiring an additional 1,079,665 shares in the last quarter. Bank of New York Mellon Corp raised its position in Emerson Electric by 17.8% in the fourth quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock worth $822,618,000 after acquiring an additional 938,051 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in Emerson Electric by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after acquiring an additional 928,548 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors.

About Emerson Electric

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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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