<div id="readability-page-1"><p>Evercore ISI started coverage on shares of <span>Emerson Electric (NYSE:EMR - Get Free Report)</span> in a note issued to investors on Monday. The brokerage set an &#34;outperform&#34; rating and a $170.00 price target on the industrial products company's stock. Evercore ISI's price target would indicate a potential upside of 24.45% from the stock's current price.</p><div><p><span></span><span>Get <strong>Emerson Electric</strong> alerts:</span></p></div><ul><li>Don't Miss Out on These Top 3 Stocks for a September to Remember</li></ul><p>Several other research firms have also recently issued reports on EMR. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Emerson Electric from $157.00 to $159.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, October 2nd. Royal Bank Of Canada dropped their price objective on Emerson Electric from $155.00 to $153.00 and set an &#34;outperform&#34; rating on the stock in a report on Thursday, November 6th. Daiwa Capital Markets upped their price target on Emerson Electric from $150.00 to $153.00 and gave the company an &#34;outperform&#34; rating in a report on Wednesday, September 24th. Barclays boosted their price objective on shares of Emerson Electric from $127.00 to $135.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Thursday, November 6th. Finally, Wells Fargo &amp; Company  reissued an &#34;equal weight&#34; rating and issued a $140.00 price target (down from $150.00) on shares of Emerson Electric in a research report on Monday, October 6th. Two analysts have rated the stock with a Strong Buy rating, nine have issued  a Buy rating, six have issued  a Hold rating and one  has assigned  a Sell rating to the company. According to MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $149.06.</p><p><b>Get Our Latest Analysis on EMR</b></p><h2>Emerson Electric Price Performance</h2><ul><li>American Superconductor's Earnings Surge, Future Growth Expected</li></ul><p>EMR stock opened at $136.60 on Monday. The business's fifty day moving average price is $132.21 and its 200 day moving average price is $133.17. Emerson Electric has a 12-month low of $90.06 and a 12-month high of $150.27. The company has a market capitalization of $76.81 billion, a PE ratio of 33.81, a P/E/G ratio of 2.23 and a beta of 1.26. The company has a current ratio of 0.88, a quick ratio of 0.65 and a debt-to-equity ratio of 0.41. </p><p>Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share (EPS) for the quarter. Emerson Electric had a return on equity of 15.87% and a net margin of 12.73%.The company had revenue of $3.16 billion for the quarter.  On average, sell-side analysts anticipate that  Emerson Electric will post 5.96 EPS for the current year. </p><ul><li>Miso Robotics stock: Is an IPO coming soon?</li></ul><p>Emerson Electric announced that its Board of Directors has initiated a share buyback program on Wednesday, November 5th that permits the company to buyback $0.00 in    shares. This buyback authorization permits the industrial products company to buy shares of its stock through open market purchases. Stock  buyback programs are generally a sign that the company's board believes its shares are undervalued. </p><h2>Insiders Place Their Bets</h2><p>In other news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of Emerson Electric stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total transaction of $965,979.00. Following the sale, the chief executive officer owned 196,292 shares in the company, valued at $26,106,836. This trade represents a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.50% of the stock is currently owned by company insiders. </p><h2>Institutional Trading of Emerson Electric</h2><p>A number of hedge funds have recently made changes to their positions in the stock. Impact Capital Partners LLC grew its holdings in  Emerson Electric by 3.9% in the second quarter. Impact Capital Partners LLC now owns 1,909 shares of the industrial products company's stock valued at $255,000 after purchasing an additional 71 shares during the last quarter.  C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in shares of  Emerson Electric by 1.7% in the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 4,338 shares of the industrial products company's stock worth $578,000 after buying an additional 71 shares in the last quarter.  Jag Capital Management LLC increased its holdings in  Emerson Electric by 1.9% during the 2nd quarter. Jag Capital Management LLC now owns 3,954 shares of the industrial products company's stock valued at $527,000 after acquiring an additional 72 shares in the last quarter.  Beacon Financial Advisory LLC raised its position in  Emerson Electric by 2.9% during the second quarter. Beacon Financial Advisory LLC now owns 2,769 shares of the industrial products company's stock worth $369,000 after acquiring an additional 77 shares during the last quarter.  Finally, Revolve Wealth Partners LLC lifted its holdings in shares of  Emerson Electric by 3.5% in the third quarter. Revolve Wealth Partners LLC now owns 2,308 shares of the industrial products company's stock valued at $303,000 after purchasing an additional 79 shares in the last quarter. Institutional investors and hedge funds own  74.30% of the company's stock. </p><h2>About Emerson Electric</h2> (Get Free Report)<p>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 &amp; Software, Measurement &amp; Analytical, AspenTech, Discrete Automation, and Safety &amp; Productivity.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Emerson Electric</li><li>3 Stocks to Protect Your Portfolio from the Coronavirus Contagion </li><li>GOOGL's Unstoppable Momentum Drives Price Targets to Record Highs</li><li>About the Markup Calculator</li><li>3 Underrated Robotics Stocks Poised for Huge Gains</li><li>Which Wall Street Analysts are the Most Accurate?</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVNUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVNUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Emerson Electric Right Now?</h2><p>Before you consider Emerson Electric, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Emerson Electric wasn't on the list.</p><p>While Emerson Electric currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Evercore ISI initiated coverage on Emerson Electric with an "outperform" rating and a $170 price target, indicating a potential 24.45% upside. Other firms have varied ratings, with an average target price of $149.06. Emerson Electric's stock opened at $136.60, with a market cap of $76.81 billion. The company announced a share buyback program, and CEO Surendralal Lanca Karsanbhai sold shares worth $965,979. Institutional investors have adjusted their positions in the stock.</p>

Emerson Electric (NYSE:EMR) Now Covered by Evercore ISI