Wells Fargo & Company Raises Emerson Electric (NYSE:EMR) Price Target to $155.00

Emerson Electric (NYSE:EMRGet Free Report) had its price target upped by equities research analysts at Wells Fargo & Company from $135.00 to $155.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the industrial products company’s stock. Wells Fargo & Company‘s price target suggests a potential upside of 8.15% from the company’s previous close.

Several other brokerages have also recently issued reports on EMR. Wolfe Research decreased their price objective on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Stephens boosted their price target on Emerson Electric from $145.00 to $155.00 and gave the company an “equal weight” rating in a report on Monday, February 9th. Oppenheimer reaffirmed a “market perform” rating on shares of Emerson Electric in a research note on Tuesday, January 27th. Morgan Stanley increased their target price on shares of Emerson Electric from $115.00 to $125.00 and gave the stock an “underweight” rating in a research note on Friday, January 9th. Finally, Barclays upped their price target on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $163.90.

Get Our Latest Report on EMR

Emerson Electric Stock Performance

Shares of EMR traded down $4.67 during trading hours on Thursday, reaching $143.32. 872,029 shares of the company traded hands, compared to its average volume of 3,286,313. The stock has a market capitalization of $80.55 billion, a P/E ratio of 33.17, a P/E/G ratio of 2.21 and a beta of 1.26. The company has a quick ratio of 0.62, a current ratio of 0.84 and a debt-to-equity ratio of 0.37. The business has a fifty day moving average price of $138.70 and a 200-day moving average price of $139.18. Emerson Electric has a 12-month low of $109.53 and a 12-month high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a return on equity of 17.22% and a net margin of 13.35%.The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. During the same period last year, the business posted $1.48 earnings per share. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. 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 anticipate that Emerson Electric will post 6.5 EPS for the current fiscal year.

Insider Transactions at Emerson Electric

In other Emerson Electric news, Director Matthew S. Levatich sold 1,476 shares of Emerson Electric stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $162.16, for a total value of $239,348.16. Following the completion of the sale, the director directly owned 24,349 shares of the company’s stock, valued at approximately $3,948,433.84. The trade was a 5.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total value of $811,224.00. Following the completion of the transaction, the chief executive officer owned 281,393 shares of the company’s stock, valued at approximately $40,047,851.76. This represents a 1.99% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 13,879 shares of company stock worth $2,116,818. Company insiders own 0.23% of the company’s stock.

Institutional Trading of Emerson Electric

Several hedge funds have recently bought and sold shares of the company. Basso Capital Management L.P. acquired a new position in shares of Emerson Electric during the fourth quarter worth approximately $25,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Emerson Electric during the 4th quarter valued at $27,000. Motiv8 Investments LLC bought a new position in shares of Emerson Electric during the 4th quarter valued at about $27,000. Ares Financial Consulting LLC acquired a new position in shares of Emerson Electric in the 4th quarter valued at $29,000. Finally, Darwin Wealth Management LLC acquired a new position in Emerson Electric in the 2nd quarter valued at approximately $29,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric News Summary

Here are the key news stories impacting Emerson Electric this week:

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.

Featured Stories

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.