Emerson Electric (NYSE:EMR – Get Free Report) had its price target increased by equities research analysts at Deutsche Bank Aktiengesellschaft from $169.00 to $174.00 in a report issued on Wednesday. The firm presently has a “hold” rating on the industrial products company’s stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 10.65% from the stock’s current price.
EMR has been the topic of a number of other reports. BMO Capital Markets upped their price target on shares of Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. Royal Bank Of Canada boosted their target price on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. TD Cowen lifted their price target on shares of Emerson Electric from $150.00 to $170.00 and gave the stock a “hold” rating in a research report on Friday, September 25th. Finally, Wells Fargo & Company began coverage on shares of Emerson Electric in a research note on Friday, September 25th. They set an “overweight” rating and a $177.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $169.83.
Check Out Our Latest Research Report on EMR
Emerson Electric Stock Down 1.3%
Emerson Electric (NYSE:EMR – Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. As a group, sell-side analysts predict that Emerson Electric will post 6.55 EPS for the current year.
Insider Buying and Selling at Emerson Electric
In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the sale, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of EMR. BlackRock Inc. bought a new position in Emerson Electric during the second quarter valued at approximately $6,193,425,000. State Street Corp raised its holdings in 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 worth $3,962,177,000 after buying an additional 403,957 shares during the last quarter. Bank of America Corp DE bought a new stake in Emerson Electric in the 2nd quarter worth about $2,629,146,000. Wells Fargo & Company MN raised its holdings in shares of 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 valued at $1,438,699,000 after purchasing an additional 134,049 shares during the last quarter. Finally, ABS Investment Management LLC purchased a new position in Emerson Electric in the second quarter worth about $858,900,000. 74.30% of the stock is owned by institutional investors.
Emerson Electric Company Profile
Emerson Electric Co is a global technology and engineering company that provides products, software and services for industrial, commercial and residential applications. Its offerings help customers automate processes, measure and control operations, improve equipment performance, and manage complex industrial systems.
The company’s portfolio includes process-control and automation systems, industrial software, measurement and analytical instruments, control valves, regulators, electrical equipment, and related services.
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