Emerson Electric (NYSE:EMR – Get Free Report) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $1.25-1.30 for the period, compared to the consensus earnings per share estimate of $1.28. Emerson Electric also updated its FY 2025 guidance to 5.850-6.050 EPS.
Analysts Set New Price Targets
EMR has been the subject of a number of analyst reports. Royal Bank of Canada lowered their target price on shares of Emerson Electric from $140.00 to $139.00 and set an “outperform” rating for the company in a report on Thursday, August 8th. Robert W. Baird increased their target price on Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research note on Monday. Oppenheimer boosted their target price on Emerson Electric from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Thursday, September 26th. JPMorgan Chase & Co. downgraded shares of Emerson Electric from an “overweight” rating to a “neutral” rating and cut their price target for the company from $132.00 to $115.00 in a research report on Wednesday, August 14th. Finally, Barclays lowered their target price on shares of Emerson Electric from $110.00 to $103.00 and set an “equal weight” rating for the company in a research note on Thursday, August 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $125.53.
Emerson Electric Stock Up 1.2 %
Emerson Electric (NYSE:EMR – Get Free Report) last released its earnings results on Wednesday, August 7th. The industrial products company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.01. Emerson Electric had a net margin of 10.12% and a return on equity of 11.41%. The business had revenue of $4.38 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same quarter last year, the firm earned $1.29 earnings per share. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Emerson Electric will post 5.48 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, August 16th were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend was Friday, August 16th. Emerson Electric’s dividend payout ratio is currently 70.47%.
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.
See Also
- Five stocks we like better than Emerson Electric
- Upcoming IPO Stock Lockup Period, Explained
- 2 Stocks Spinning Off Divisions to Boost Shareholder Value
- Dividend Capture Strategy: What You Need to Know
- Is Eli Lilly a Buy? Analyst Confidence Grows for 2025
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Why Warren Buffett’s 1999 Market Warning Still Matters Today
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.