Emerson Electric (NYSE:EMR – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 5.850-6.050 for the period, compared to the consensus EPS estimate of 5.480. The company issued revenue guidance of $18.1 billion-$18.5 billion, compared to the consensus revenue estimate of $17.4 billion. Emerson Electric also updated its FY25 guidance to $5.85-6.05 EPS.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on EMR shares. StockNews.com upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Wednesday. Morgan Stanley assumed coverage on Emerson Electric in a report on Friday, September 6th. They set an “underweight” rating and a $105.00 target price on the stock. Barclays boosted their price target on Emerson Electric from $103.00 to $116.00 and gave the company an “equal weight” rating in a report on Wednesday. KeyCorp lifted their price objective on shares of Emerson Electric from $125.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Oppenheimer increased their target price on shares of Emerson Electric from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Thursday, September 26th. One analyst has rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, Emerson Electric currently has a consensus rating of “Moderate Buy” and an average price target of $127.65.
Check Out Our Latest Report on Emerson Electric
Emerson Electric Stock Up 0.3 %
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The industrial products company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.01. The company had revenue of $4.38 billion for the quarter, compared to analyst estimates of $4.44 billion. Emerson Electric had a return on equity of 11.41% and a net margin of 10.12%. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period last year, the company earned $1.29 earnings per share. As a group, research analysts predict that Emerson Electric will post 5.48 earnings per share for the current year.
Emerson Electric Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th will be paid a $0.5275 dividend. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Friday, November 15th. Emerson Electric’s dividend payout ratio is currently 70.47%.
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.
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