RBC Capital Raises Emerson Electric (EMR) Price Target to $188

RBC Capital has reiterated its Outperform rating on Emerson Electric Co. with a new price target of $188, a 15.38% upside from the current price.

By EarningsIQ Research Desk · Published Oct 15, 2026, 9:18 PM EDT · Updated Oct 16, 2026, 2:03 PM EDT

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RBC Capital raised its price target on Emerson Electric Co. ($EMR) to $188 from $179 on October 14, 2026, and rates the stock "Outperform".

Since the rating, $EMR is up 0.2% to date (from the $161.08 close on Oct 14, 2026).

EMR Emerson Electric Co.

$161.47 +20.23% year to date

Daily close · Oct 16, 2026

Key Points

On October 14, 2026, RBC Capital reiterated its Outperform rating on Emerson Electric Co. (NYSE: EMR) and set a new price target of $188, up from $179.
RBC Capital's $188 price target implies 15.38% upside from Emerson Electric Co.'s ($EMR) current $162.94 share price.
The stock recently traded around $162.94, which is about 13.3% below RBC's new target.
Emerson Electric has a revenue growth rate of 7.0% year-over-year and a dividend rate of $2.22.

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RBC Capital has reiterated its Outperform rating on Emerson Electric Co. (NYSE: EMR) on October 14, 2026, raising its price target to $188 from $179. The stock is currently trading at $162.94 as of October 16, 2026, which places it about 13.3% below the new target.

Analyst rating track record

RBC Capital vs. the S&P 500

YTD return -1.39% hypothetical

All-time return -1.39% S&P 500 +0.23%

vs. S&P 500 -1.62% behind the index

Hypothetical returns from RBC Capital's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Emerson Electric

Several other institutional investors have been active in Emerson Electric. Blackrock Inc. holds 43,265,282 shares, worth about $6.99 billion, after increasing its position by 1,454,998 shares, a 3.5% change. Vanguard Capital Management LLC owns 36,588,248 shares valued at approximately $5.91 billion, having added 62,094 shares, a 0.2% increase. State Street Corporation has 27,678,497 shares worth about $4.47 billion, with a 1.5% increase after adding 403,667 shares. Meanwhile, Bank of America Corporation reduced its holdings by 1,575,400 shares, now holding 18,366,373 shares valued at around $2.97 billion, reflecting a 7.9% decrease.

Emerson Electric Co. Stock Up 0.5%

Emerson Electric shares are currently trading at $162.94, which is below the new target price of $188 set by RBC Capital. This price suggests an opportunity for growth if the stock can reach the analyst's target. The shares have been trading around this level, which is important as the company prepares for its next earnings report.

12-month forecast

$EMR price target

Emerson Electric Co. daily closes and this analyst's $188 target. Not advice.

Recent Earnings

For the trailing twelve months, Emerson Electric reported revenue of approximately $18.64 billion and earnings per share (EPS) of $4.57. The company has a net margin of 13.8% and a return on equity (ROE) of 12.8%. The next earnings report is scheduled for November 4, 2026.

Dividend

Emerson Electric pays an annual dividend of $2.22 per share, resulting in a dividend payout ratio of 48.0%.

Insider Buying and Selling at Emerson Electric Co.

Insider trading activity includes several sales by executives. CEO Surendralal Lanca Karsanbhai sold 5,700 shares on March 10, 2026, for $811,227 at an average price of $142.32. COO Ram R Krishnan sold 11,500 shares on June 1, 2026, totaling $1,624,030 at an average price of $141.22. Additionally, Michael H Train, an officer, sold 7,329 shares on August 6, 2026, for $1,165,238 at an average price of $158.99, and Karsanbhai sold another 9,650 shares on August 11, 2026, for $1,562,469 at an average price of $161.91.

Analysts Set New Price Targets

On October 14, 2026, RBC Capital maintained its Outperform rating on Emerson Electric with a new price target of $188, up from a prior target of $179. Other recent analyst activity includes JP Morgan maintaining an Overweight rating with a target of $184 on October 9, 2026, and TD Cowen maintaining a Hold rating with a target of $170 on September 25, 2026.

About Emerson Electric

Emerson Electric Co. is a technology and software company that provides various solutions across multiple sectors, including industrial automation and control systems. The company operates in several segments, such as Final Control and Measurement & Analytical, catering to a global market. This reiteration of RBC Capital's rating and target reflects ongoing confidence in Emerson's growth potential.

Bottom Line

Investors should watch for Emerson Electric's next earnings report on November 4, 2026, for insights into its performance. RBC Capital's reiterated rating and target suggest they expect the stock to close the gap with its new price target in the future.