Keybanc maintains Emerson Electric at Overweight, raises price target to $200 from $170

Bernstein raised its price target for Emerson Electric (NYSE: EMR) to $196 from $186, citing strong order growth of 14% in the latest quarter. The company reported adjusted earnings of $1.86 per share and revenue of $5.2 billion, both exceeding expectations. Management guided $3.8 billion in dividends and buybacks for fiscal 2027 and expressed confidence in meeting 2028 targets. Wells Fargo also raised its price target to $180, maintaining an Overweight rating.

Emerson Electric (EMR) reported Q4 underlying orders growth of 18% in software and systems, 13% in intelligent devices, with North America up 15% and Middle East up 42%. Backlog reached $8.2B, up 11% YoY. The company expects mid-single-digit sales growth in 2027, driven by growth verticals. Software and systems sales grew 14% in Q4, with margins expanding 490 bps to 32.3%.

Emerson Electric (EMR) reported Q4 2026 earnings, highlighting strong orders and double-digit growth in some segments. Europe and China showed weakness, with sales down 1% in 2026. CEO Lal Karsanbhai expressed confidence in backlog growth but cautioned on regional challenges. Q1 2027 margin guidance is lower due to mix and investments. The company expects 5% underlying sales growth in 2027, with risks from the Middle East conflict. Corporate expenses were $45M higher than expected in Q4.

Wells Fargo raised its price target on Emerson Electric (EMR) to $180 from $177, maintaining an Overweight rating. The firm cited strong secular tailwinds and positive price-to-cost dynamics. EMR's shares are near their 52-week high, with a year-to-date gain of nearly 30%. The company reported strong Q4 results, exceeding earnings and revenue estimates, but maintained a cautious outlook for 2027.

Emerson Electric (EMR) reported Q4 earnings of $1.86 per share, exceeding estimates, with revenue at $5.20bn. Orders rose 14% and backlog increased 11% to $8.2bn. The company guided fiscal 2027 adjusted EPS to $7.25. Shares were up 2.65% on the day. Management noted strong US demand but cautious international outlook.

Emerson Electric (EMR) reported Q4 2026 earnings with underlying sales up 7% and adjusted EPS up 15% to $1.86. Full-year sales grew 4% and EPS rose 10% to $6.59. The company guided for 5% sales growth and $7.25 EPS in 2027, with $3.8B in shareholder returns. Orders grew 14%, led by software, systems, and intelligent devices, with strong demand in North America and the Middle East. The company highlighted significant project wins in petrochemicals, LNG, and life sciences.