Emerson Electric (NYSE:EMR) Price Target Raised to $145.00

Emerson Electric (NYSE:EMR) had its price objective increased by equities research analysts at Morgan Stanley from $135.00 to $145.00 in a report issued on Monday, Benzinga reports. The brokerage currently has an “underweight” rating on the industrial products company’s stock. Morgan Stanley’s target price indicates a potential downside of 9.72% from the company’s current price.

A number of other research firms have also weighed in on EMR. JPMorgan Chase & Co. lifted their price objective on Emerson Electric from $169.00 to $184.00 and gave the company an “overweight” rating in a research note on Friday, October 9th. DA Davidson upped their target price on Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research note on Monday, August 24th. HSBC raised their target price on Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Royal Bank Of Canada lifted their price target on Emerson Electric from $179.00 to $188.00 and gave the company an “outperform” rating in a research report on Wednesday, October 14th. Finally, Stephens boosted their price target on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus price target of $172.17.

Emerson Electric Stock Performance

Shares of NYSE:EMR traded down $0.86 during midday trading on Monday, reaching $160.61. The company’s stock had a trading volume of 992,966 shares, compared to its average volume of 2,946,405. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The stock has a fifty day moving average of $156.30 and a 200 day moving average of $146.92. Emerson Electric has a twelve month low of $122.64 and a twelve month high of $166.35. The firm has a market capitalization of $89.96 billion, a PE ratio of 35.18, a P/E/G ratio of 2.22 and a beta of 1.21.

Emerson Electric (NYSE:EMR) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm’s quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.52 earnings per share. 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 expect that Emerson Electric will post 6.56 EPS for the current fiscal year.

Insider Activity at Emerson Electric

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is owned by company insiders.

Institutional Trading of Emerson Electric

Several institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in Emerson Electric during the second quarter worth $6,193,425,000. State Street Corp grew its position in shares of Emerson Electric by 1.5% in the second quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock valued at $3,962,177,000 after purchasing an additional 403,957 shares during the period. Bank of America Corp DE acquired a new stake in shares of Emerson Electric in the second quarter valued at about $2,629,146,000. ABS Investment Management LLC purchased a new stake in shares of Emerson Electric during the second quarter worth about $858,900,000. Finally, Bank of New York Mellon Corp raised its position in shares of Emerson Electric by 1.9% during the 1st quarter. Bank of New York Mellon Corp now owns 6,315,661 shares of the industrial products company’s stock worth $827,478,000 after purchasing an additional 117,513 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

About Emerson Electric

Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.