Emerson Electric (NYSE:EMR) Stock Price Target Raised at TD Cowen

Emerson Electric (NYSE:EMR) had its price target upped by investment analysts at TD Cowen from $150.00 to $170.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a “hold” rating on the industrial products company’s stock. TD Cowen’s price target suggests a potential upside of 7.41% from the stock’s current price.

EMR has been the topic of a number of other reports. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target on the stock in a research note on Friday, July 17th. BNP Paribas Exane upped their price objective on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Citigroup upped their price target on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. KeyCorp cut their price target on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Finally, Stephens raised their target price on shares of Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Fourteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $169.65.

Emerson Electric Price Performance

EMR traded up $2.13 during trading on Friday, reaching $158.27. The stock had a trading volume of 158,651 shares, compared to its average volume of 2,961,750. The business has a 50-day moving average of $152.70 and a 200-day moving average of $143.68. Emerson Electric has a one year low of $122.64 and a one year high of $166.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The stock has a market cap of $88.65 billion, a PE ratio of 34.63, a PEG ratio of 2.31 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last released its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the previous year, the company posted $1.52 EPS. Emerson Electric’s quarterly revenue was up .0% compared to the same quarter last year. 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, equities research analysts anticipate that Emerson Electric will post 6.55 EPS for the current fiscal year.

Insider Activity

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the 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 transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.23% of the stock is owned by company insiders.

Hedge Funds Weigh In On Emerson Electric

Several hedge funds have recently added to or reduced their stakes in the company. QRG Capital Management Inc. boosted its position in shares of Emerson Electric by 64.2% during the second quarter. QRG Capital Management Inc. now owns 166,686 shares of the industrial products company’s stock valued at $23,861,000 after buying an additional 65,150 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in shares of Emerson Electric by 324.2% during the second 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 during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Emerson Electric by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,737,140 shares of the industrial products company’s stock worth $248,670,000 after purchasing an additional 44,613 shares during the last quarter. State Street Corp lifted its holdings in Emerson Electric by 1.5% during the 2nd quarter. State Street Corp now owns 27,678,497 shares of the industrial products company’s stock valued at $3,962,177,000 after buying an additional 403,957 shares in the last quarter. Finally, Security National Bank of SO Dak purchased a new stake in Emerson Electric in the 2nd quarter valued at about $172,000. 74.30% of the stock is currently owned by institutional investors.

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.