KeyCorp Has Lowered Expectations for Emerson Electric (NYSE:EMR) Stock Price

Emerson Electric (NYSE:EMR) had its price target dropped by stock analysts at KeyCorp from $185.00 to $170.00 in a research report issued to clients and investors on Monday,MarketScreener reports. The brokerage currently has an “overweight” rating on the industrial products company’s stock. KeyCorp’s price target would indicate a potential upside of 22.60% from the company’s previous close.

Several other brokerages have also recently issued reports on EMR. DA Davidson initiated coverage on Emerson Electric in a report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 target price for the company. Wolfe Research dropped their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Daiwa Securities Group reduced their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. BMO Capital Markets boosted their target price on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $162.64.

Emerson Electric Stock Down 0.2%

Shares of NYSE EMR opened at $138.66 on Monday. The stock has a market cap of $77.67 billion, a PE ratio of 32.02, a P/E/G ratio of 2.22 and a beta of 1.25. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. Emerson Electric has a 12-month low of $122.64 and a 12-month high of $165.15. The company has a 50-day moving average of $140.81 and a 200 day moving average of $141.81.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.59 billion. During the same period in the previous year, the firm posted $1.48 EPS. The business’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. As a group, sell-side analysts predict that Emerson Electric will post 6.49 EPS for the current fiscal year.

Institutional Trading of Emerson Electric

Several institutional investors have recently added to or reduced their stakes in EMR. Vanguard Group Inc. boosted its position in shares of Emerson Electric by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock worth $7,287,546,000 after buying an additional 578,242 shares during the period. State Street Corp lifted its stake in Emerson Electric by 2.0% during the 4th quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock worth $3,647,602,000 after acquiring an additional 541,887 shares in the last quarter. Bank of America Corp DE boosted its holdings in Emerson Electric by 13.1% during the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock valued at $2,612,780,000 after acquiring an additional 2,302,055 shares during the period. Geode Capital Management LLC grew its position in Emerson Electric by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after acquiring an additional 76,488 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Emerson Electric by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 10,840,109 shares of the industrial products company’s stock worth $1,438,699,000 after purchasing an additional 134,049 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

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.