Emerson Electric (NYSE:EMR) Given New $196.00 Price Target at Royal Bank Of Canada

Emerson Electric (NYSE:EMR) had its target price hoisted by Royal Bank Of Canada from $188.00 to $196.00 in a research report released on Thursday morning,Benzinga reports. They currently have an outperform rating on the industrial products company’s stock.

A number of other equities analysts have also commented on the stock. TD Cowen raised their price objective on shares of Emerson Electric from $150.00 to $170.00 and gave the stock a “hold” rating in a research note on Friday, September 25th. Weiss Ratings raised shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Citigroup increased their target price on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Rothschild & Co Redburn raised their target price on Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus price target of $175.38.

Emerson Electric Price Performance

EMR stock opened at $162.50 on Thursday. Emerson Electric has a one year low of $122.64 and a one year high of $172.00. The firm has a 50-day moving average of $157.82 and a two-hundred day moving average of $147.53. The firm has a market capitalization of $91.02 billion, a PE ratio of 25.94, a P/E/G ratio of 2.41 and a beta of 1.23. The company has a current ratio of 0.94, a quick ratio of 0.66 and a debt-to-equity ratio of 0.36.

Emerson Electric (NYSE:EMR) last released its earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.01. Emerson Electric had a net margin of 14.15% and a return on equity of 18.08%. The business had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.11 billion. During the same period last year, the firm posted $1.62 earnings per share. The firm’s quarterly revenue was up .0% compared to the same quarter last year. On average, analysts forecast that Emerson Electric will post 7.20 earnings per share for the current year.

Emerson Electric Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 13th will be paid a dividend of $0.5950 per share. This represents a $2.38 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, November 13th. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.5550. Emerson Electric’s dividend payout ratio is currently 48.58%.

Insider Transactions 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 transaction of $1,562,431.50. Following the sale, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in EMR. Raleigh Capital Management Inc. increased its position in Emerson Electric by 21.0% in the 3rd quarter. Raleigh Capital Management Inc. now owns 363 shares of the industrial products company’s stock valued at $56,000 after acquiring an additional 63 shares in the last quarter. SeaCrest Wealth Management LLC lifted its stake in shares of Emerson Electric by 1.1% during the third quarter. SeaCrest Wealth Management LLC now owns 5,828 shares of the industrial products company’s stock valued at $904,000 after acquiring an additional 64 shares during the period. TOWER TRUST & INVESTMENT Co boosted its holdings in Emerson Electric by 0.8% in the third quarter. TOWER TRUST & INVESTMENT Co now owns 8,238 shares of the industrial products company’s stock valued at $1,278,000 after acquiring an additional 66 shares during the last quarter. Forvis Mazars Wealth Advisors LLC boosted its holdings in Emerson Electric by 0.6% in 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 acquiring an additional 67 shares during the last quarter. Finally, Raiffeisen Bank International AG increased its position in Emerson Electric by 0.5% in the second 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. 74.30% of the stock is owned by institutional investors.

Emerson Electric News Roundup

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

• Positive Sentiment: Several firms raised their price targets and kept positive ratings: Citigroup lifted its target to $198, BNP Paribas Exane to $200, and RBC and Bernstein to $196. These revisions suggest analysts see further upside. Citigroup rating
• Positive Sentiment: Fiscal Q4 adjusted EPS of $1.86 and revenue of $5.20 billion topped analyst estimates. Orders rose 14%, supported by software and systems strength, while the company’s initial FY2027 outlook calls for sales growth. Q4 earnings and outlook
• Positive Sentiment: Emerson raised its quarterly dividend by 7.2% to $0.595 per share, extending its long record of annual increases and adding to shareholder returns. Company results and dividend announcement
• Negative Sentiment: The positive results may be tempered by a cautious FY2027 outlook, which appears to have disappointed investors’ expectations. The stock’s rich valuation may also leave less room for execution or guidance shortfalls. Report on 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.