Emerson Electric (NYSE:EMR) Now Covered by Analysts at Wells Fargo & Company

Wells Fargo & Company began coverage on shares of Emerson Electric (NYSE:EMR) in a research report issued on Friday, Benzinga reports. The firm set an “overweight” rating and a $177.00 price target on the industrial products company’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 12.14% from the company’s current price.

EMR has been the subject of a number of other reports. DA Davidson boosted their price target on shares of Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research note on Monday, August 24th. Stephens lifted their target price on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Evercore cut their price target on Emerson Electric from $190.00 to $185.00 and set an “outperform” rating on the stock in a research note on Monday, August 31st. KeyCorp decreased their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Finally, BMO Capital Markets upped their price objective on Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Fourteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus price target of $168.78.

Emerson Electric Stock Performance

EMR stock opened at $157.83 on Friday. The company has a 50 day moving average price of $152.70 and a 200 day moving average price of $143.68. Emerson Electric has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The stock has a market capitalization of $88.40 billion, a PE ratio of 34.37, a price-to-earnings-growth ratio of 2.31 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The business’s quarterly revenue was up .0% compared to the same quarter last year. During the same period last year, the company earned $1.52 EPS. 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. Analysts forecast that Emerson Electric will post 6.55 EPS for the current year.

Insiders Place Their Bets

In other Emerson Electric 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 transaction, the chief executive officer owned 271,743 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.23% of the company’s stock.

Hedge Funds Weigh In On Emerson Electric

Several hedge funds and other institutional investors have recently bought and sold shares of EMR. QRG Capital Management Inc. increased its holdings in Emerson Electric by 64.2% in the 2nd quarter. QRG Capital Management Inc. now owns 166,686 shares of the industrial products company’s stock worth $23,861,000 after acquiring an additional 65,150 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Emerson Electric by 324.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 43,819 shares of the industrial products company’s stock worth $6,262,000 after purchasing an additional 33,490 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Emerson Electric by 2.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,737,140 shares of the industrial products company’s stock valued at $248,670,000 after acquiring an additional 44,613 shares during the last quarter. State Street Corp increased 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 worth $3,962,177,000 after purchasing an additional 403,957 shares during the last quarter. Finally, Security National Bank of SO Dak bought a new position in shares of Emerson Electric in the 2nd quarter worth $172,000. 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 provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.