Emerson Electric (NYSE:EMR) Updates Q1 Earnings Guidance

Emerson Electric (NYSE:EMR) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $1.25-1.30 for the period, compared to the consensus EPS estimate of $1.28. Emerson Electric also updated its FY 2025 guidance to 5.850-6.050 EPS.

Emerson Electric Stock Up 6.6 %

Shares of Emerson Electric stock traded up $7.23 on Tuesday, hitting $117.04. The company had a trading volume of 4,532,074 shares, compared to its average volume of 2,695,371. Emerson Electric has a twelve month low of $83.10 and a twelve month high of $119.61. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.16 and a quick ratio of 0.86. The stock has a 50-day moving average of $106.76 and a 200-day moving average of $108.86. The firm has a market capitalization of $67.03 billion, a P/E ratio of 40.07, a P/E/G ratio of 1.66 and a beta of 1.30.

Emerson Electric (NYSE:EMR) last released its earnings results on Wednesday, August 7th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.01. The firm had revenue of $4.38 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Emerson Electric had a return on equity of 11.41% and a net margin of 10.12%. The company’s revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.29 EPS. Research analysts predict that Emerson Electric will post 5.48 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Friday, August 16th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Friday, August 16th. This represents a $2.10 dividend on an annualized basis and a yield of 1.79%. Emerson Electric’s payout ratio is 70.47%.

Analyst Upgrades and Downgrades

EMR has been the topic of several recent analyst reports. Oppenheimer boosted their price objective on shares of Emerson Electric from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Thursday, September 26th. Royal Bank of Canada dropped their price objective on Emerson Electric from $140.00 to $139.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Redburn Atlantic began coverage on Emerson Electric in a research note on Monday, July 8th. They set a “buy” rating and a $135.00 target price for the company. JPMorgan Chase & Co. cut Emerson Electric from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $132.00 to $115.00 in a research note on Wednesday, August 14th. Finally, Wells Fargo & Company decreased their price objective on shares of Emerson Electric from $137.00 to $128.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $125.53.

About Emerson Electric

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.