Zacks Research Predicts Lower Earnings for Emerson Electric

Emerson Electric Co. (NYSE:EMR) – Analysts at Zacks Research decreased their FY2027 earnings per share (EPS) estimates for shares of Emerson Electric in a research report issued on Thursday, June 5th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings of $6.79 per share for the year, down from their previous estimate of $6.83. The consensus estimate for Emerson Electric’s current full-year earnings is $5.96 per share.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Wednesday, May 7th. The industrial products company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.07. The firm had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.42 billion. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period last year, the business posted $1.36 earnings per share.

A number of other research firms have also weighed in on EMR. Robert W. Baird cut their price objective on shares of Emerson Electric from $140.00 to $130.00 and set a “neutral” rating on the stock in a research note on Thursday, May 8th. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Friday, May 9th. KeyCorp reduced their price objective on Emerson Electric from $158.00 to $125.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. JPMorgan Chase & Co. boosted their price objective on Emerson Electric from $113.00 to $133.00 and gave the company a “neutral” rating in a report on Friday, May 16th. Finally, Barclays raised their target price on Emerson Electric from $104.00 to $112.00 and gave the stock an “underweight” rating in a report on Friday, May 30th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.65.

Emerson Electric Stock Performance

EMR opened at $123.68 on Monday. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. Emerson Electric has a 12-month low of $90.06 and a 12-month high of $134.85. The firm has a 50 day moving average of $109.70 and a two-hundred day moving average of $118.43. The firm has a market capitalization of $69.57 billion, a PE ratio of 29.52, a P/E/G ratio of 2.49 and a beta of 1.28.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 16th will be given a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, May 16th. Emerson Electric’s dividend payout ratio (DPR) is presently 50.48%.

Insider Transactions at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of Emerson Electric stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $113.33, for a total value of $1,892,384.34. Following the sale, the chief executive officer now owns 164,957 shares in the company, valued at $18,694,576.81. This trade represents a 9.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of EMR. Orion Capital Management LLC purchased a new stake in Emerson Electric during the 4th quarter worth approximately $25,000. Saudi Central Bank acquired a new stake in shares of Emerson Electric in the first quarter worth approximately $25,000. Vega Investment Solutions purchased a new stake in shares of Emerson Electric during the fourth quarter worth approximately $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Emerson Electric during the first quarter worth approximately $27,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in Emerson Electric in the 4th quarter valued at $28,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Company Profile

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.