2 weeks Ago By ABMN Staff
Emerson Electric Co. ( NYSE:EMR – Free Report ) – Research analysts at Zacks Research raised their FY2024 earnings estimates for shares of Emerson Electric in a note issued to investors on Wednesday, August 28th. Zacks Research analyst R.
Department now expects that the industrial products company will post earnings per share of $5.47 for the year, up from their prior estimate of $5.46.
The consensus estimate for Emerson Electric’s current full-year earnings is $5.47 per share. Zacks Research also issued estimates for Emerson Electric’s Q1 2025 earnings at $1.
25 EPS, Q2 2025 earnings at $1.46 EPS, Q3 2025 earnings at $1.57 EPS, Q4 2025 earnings at $1.
62 EPS, FY2025 earnings at $5.90 EPS, Q1 2026 earnings at $1.29 EPS, Q2 2026 earnings at $1.
50 EPS, Q3 2026 earnings at $1.58 EPS and FY2026 earnings at $6.02 EPS.
Several other equities research analysts have also issued reports on EMR. Robert W. Baird raised their target price on shares of Emerson Electric from $116.
00 to $117.00 and gave the stock a “neutral” rating in a report on Thursday, August 8th. Loop Capital boosted their target price on Emerson Electric from $130.
00 to $135.00 and gave the company a “buy” rating in a research report on Friday, May 10th. Royal Bank of Canada reduced their price target on Emerson Electric from $140.
00 to $139.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft upgraded Emerson Electric from a “hold” rating to a “buy” rating and boosted their price objective for the company from $123.
00 to $138.00 in a report on Thursday, May 9th. Finally, Redburn Atlantic began coverage on Emerson Electric in a research note on Monday, July 8th.
They issued a “buy” rating and a $135.00 target price on the stock. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock.
According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $125.18.
Emerson Electric Stock Up 0.2 % NYSE EMR opened at $104.09 on Friday.
The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.
28. Emerson Electric has a 52 week low of $83.10 and a 52 week high of $119.
53. The firm has a market capitalization of $59.55 billion, a price-to-earnings ratio of 5.
57, a PEG ratio of 1.93 and a beta of 1.32.
The company has a fifty day moving average of $109.54 and a two-hundred day moving average of $109.91.
Emerson Electric ( NYSE:EMR – Get Free Report ) last posted its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.
42 by $0.01. Emerson Electric had a return on equity of 11.
14% and a net margin of 64.97%. The business had revenue of $4.
38 billion during the quarter, compared to analyst estimates of $4.44 billion. During the same period last year, the company earned $1.
29 EPS. The company’s revenue for the quarter was up 11.0% on a year-over-year basis.
Hedge Funds Weigh In On Emerson Electric A number of large investors have recently bought and sold shares of the business. American National Bank & Trust Co. VA acquired a new position in Emerson Electric during the 1st quarter valued at approximately $1,011,000.
Vanguard Personalized Indexing Management LLC increased its holdings in shares of Emerson Electric by 23.8% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 48,321 shares of the industrial products company’s stock valued at $4,703,000 after purchasing an additional 9,300 shares during the period.
Exencial Wealth Advisors LLC raised its stake in shares of Emerson Electric by 17.6% in the fourth quarter. Exencial Wealth Advisors LLC now owns 49,112 shares of the industrial products company’s stock worth $4,780,000 after purchasing an additional 7,358 shares during the last quarter.
Kingsview Wealth Management LLC lifted its holdings in shares of Emerson Electric by 22.5% during the fourth quarter. Kingsview Wealth Management LLC now owns 62,197 shares of the industrial products company’s stock worth $6,054,000 after purchasing an additional 11,413 shares during the period.
Finally, Goelzer Investment Management Inc. increased its stake in shares of Emerson Electric by 22.2% in the fourth quarter.
Goelzer Investment Management Inc. now owns 7,701 shares of the industrial products company’s stock worth $750,000 after acquiring an additional 1,399 shares during the period. Institutional investors own 74.
30% of the company’s stock. Emerson Electric Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Friday, August 16th will be issued a dividend of $0.
525 per share. This represents a $2.10 annualized dividend and a yield of 2.
02%. The ex-dividend date is Friday, August 16th. Emerson Electric’s payout ratio is 11.
24%. Emerson Electric Company Profile ( Get Free Report ) Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.
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