Emerson Electric (NYSE:EMR) Stock Gets Price Target Bump from Sanford C. Bernstein

Emerson Electric (NYSE:EMR) had its price target upped by analysts at Sanford C. Bernstein from $186.00 to $196.00 in a research note issued on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the industrial products company’s stock. Sanford C. Bernstein‘s target price points to a potential upside of 19.73% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Royal Bank Of Canada lifted their price objective on Emerson Electric from $179.00 to $188.00 and gave the company an “outperform” rating in a report on Wednesday, October 14th. KeyCorp increased their price objective on Emerson Electric from $170.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday. Morgan Stanley dropped their target price on Emerson Electric from $145.00 to $140.00 and set an “underweight” rating on the stock in a research report on Tuesday. Deutsche Bank Aktiengesellschaft boosted their target price on Emerson Electric from $169.00 to $174.00 and gave the company a “hold” rating in a research note on Wednesday, September 30th. Finally, BMO Capital Markets raised Emerson Electric from a “hold” rating to a “strong-buy” rating in a research report on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $173.75.

Emerson Electric Trading Down 4.0%

Emerson Electric stock traded down $6.74 during midday trading on Thursday, hitting $163.70. 1,974,708 shares of the stock were exchanged, compared to its average volume of 2,967,365. The stock has a market capitalization of $91.69 billion, a PE ratio of 35.87, a P/E/G ratio of 2.35 and a beta of 1.23. The company has a fifty day simple moving average of $157.73 and a two-hundred day simple moving average of $147.46. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. Emerson Electric has a 52 week low of $122.64 and a 52 week high of $172.00.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.85 by $0.01. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company had revenue of $5.20 billion for the quarter, compared to analysts’ expectations of $5.11 billion. During the same period last year, the firm posted $1.62 earnings per share. The business’s quarterly revenue was up .0% compared to the same quarter last year. Equities research analysts anticipate that Emerson Electric will post 6.56 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Raleigh Capital Management Inc. increased its position in Emerson Electric by 21.0% during the 3rd quarter. Raleigh Capital Management Inc. now owns 363 shares of the industrial products company’s stock worth $56,000 after purchasing an additional 63 shares in the last quarter. SeaCrest Wealth Management LLC boosted its stake in shares of Emerson Electric by 1.1% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 5,828 shares of the industrial products company’s stock worth $904,000 after purchasing an additional 64 shares during the last quarter. TOWER TRUST & INVESTMENT Co grew its holdings in shares of Emerson Electric by 0.8% during the third quarter. TOWER TRUST & INVESTMENT Co now owns 8,238 shares of the industrial products company’s stock worth $1,278,000 after buying an additional 66 shares in the last quarter. Forvis Mazars Wealth Advisors LLC lifted its stake in shares of Emerson Electric by 0.6% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 12,044 shares of the industrial products company’s stock valued at $1,868,000 after buying an additional 67 shares during the period. Finally, Raiffeisen Bank International AG lifted its stake in shares of Emerson Electric by 0.5% during the 2nd quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company’s stock worth $2,110,000 after purchasing an additional 68 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Key Headlines Impacting Emerson Electric

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

• Positive Sentiment: Fiscal Q4 adjusted earnings were $1.86 per share, above the $1.85 consensus, while revenue of $5.20 billion topped estimates of $5.11 billion. Orders rose 14%, and the company forecast about 5% sales growth in fiscal 2027. Emerson Q4 and full-year results
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. Emerson dividend increase
• Positive Sentiment: KeyCorp raised its price target to $200 from $170 and maintained an Overweight rating; Bernstein also increased its target, to $196 from $186. Bernstein price-target update
• Neutral Sentiment: The long dividend-growth record may appeal to income investors, but the recent stock rally has left the yield relatively low, limiting its attraction for yield-focused buyers. Dividend and valuation discussion
• Negative Sentiment: Some coverage characterized the 2027 outlook as cautious, which may be weighing on the shares despite the quarterly beat. Morgan Stanley had also cut its target to $140 from $145 and rated the stock Underweight. Emerson earnings and outlook

Emerson Electric Company Profile

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.