4 - Aspen Technology, Inc. (0001897982) (Issuer)

4 - Aspen Technology, Inc. (0001897982) (Issuer)

4 - Aspen Technology, Inc. (0001897982) (Issuer)

4 - Aspen Technology, Inc. (0001897982) (Issuer)

4/A - Aspen Technology, Inc. (0001897982) (Issuer)

4 - Aspen Technology, Inc. (0001897982) (Issuer)

4 - Aspen Technology, Inc. (0001897982) (Issuer)

4 - Aspen Technology, Inc. (0001897982) (Issuer)

4 - Aspen Technology, Inc. (0001897982) (Issuer)

4 - Aspen Technology, Inc. (0001897982) (Issuer)

Berenberg upgraded Aspen Tech from Hold to Buy and set a new price target of $255.00 from $185.00 previously

Loop Capital upgraded Aspen Tech from Hold to Buy and set a new price target of $213.00 from $180.00 previously

Robert W. Baird upgraded Aspen Tech from Neutral to Outperform and set a new price target of $202.00 from $194.00 previously

KeyBanc Capital Markets downgraded Aspen Tech from Overweight to Sector Weight

Loop Capital downgraded Aspen Tech from Buy to Hold and set a new price target of $170.00 from $240.00 previously

William Blair downgraded Aspen Tech from Outperform to Mkt Perform

Berenberg initiated coverage of Aspen Tech with a rating of Hold and set a new price target of $210.00

Wolfe Research initiated coverage of Aspen Tech with a rating of Peer Perform

Robert W. Baird downgraded Aspen Tech from Outperform to Neutral and set a new price target of $162.00 from $170.00 previously

Loop Capital upgraded Aspen Tech from Hold to Buy and set a new price target of $175.00

Aspen Technology, Inc. (NASDAQ:AZPN) ("AspenTech" or "the Company"), a global leader in industrial software, today announced that its Board of Directors has formed a special committee (the "Special Committee") composed of three independent directors to consider the non-binding proposal from Emerson Electric Co. (NYSE:EMR) ("Emerson") received on November 5, 2024. Emerson and its affiliates currently own 57.4% of the Company's outstanding common shares. The Special Committee is composed of Board Chair Robert Whelan, Jr., who will serve as Chair of the Special Committee, Arlen Shenkman and David Henshall. Qatalyst Partners and Citi are serving as independent financial advisors to the Spec

Innovative digital technologies key to helping Landsvirkjun integrate and control power generation while achieving carbon neutral goals Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced a strategic partnership with Landsvirkjun, the largest power producer in Iceland. The utility will be implementing AspenTech OSI Digital Grid Management software that will enable it to enhance real-time control and optimize power generation, ensuring the secure and efficient management of its 18 plants across Iceland. Landsvirkjun is the National Power Company of Iceland and is a pioneer in utilizing renewable resources, generating approximately 70% of the nati

Shareholders Advised to Take No Action Pending Review Aspen Technology, Inc. (NASDAQ:AZPN) ("AspenTech" or "the Company"), a global leader in industrial software, today announced that its Board of Directors received an unsolicited, non-binding proposal letter, dated November 5, 2024, from Emerson Electric Co. (NYSE:EMR) ("Emerson"), to acquire all of the outstanding shares of common stock of the Company not already owned by Emerson for cash consideration of $240.00 per share. Emerson and its affiliates currently own 57.4% of the Company's outstanding common shares, based on their most recent Schedule 13D filing dated November 5, 2024. The Board of Directors of AspenTech will follow an ap

Proposes to Acquire Remaining Outstanding Shares of AspenTech for $240 per Share in Cash Commences Review of Strategic Alternatives for Safety & Productivity Segment Announces Increased Return of Capital to Shareholders with Plans to Repurchase Approximately $2.0 Billion of Shares in Fiscal 2025; Expecting $1.0 Billion in Fiscal Q1 ST. LOUIS, Nov. 5, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today announced three key strategic and financial actions in the final phase of its portfolio transformation to an industrial technology leader focused on automation: Emerson has made a p

ST. LOUIS, Nov. 5, 2024 /PRNewswire/ -- Emerson (NYSE:EMR) today reported results1 for its fourth quarter and fiscal year ended September 30, 2024. Emerson also declared a quarterly cash dividend increase to $0.5275 per share of common stock payable December 10, 2024 to stockholders of record November 15, 2024. (dollars in millions, except per share) 2023 Q4 2024 Q4 Change 2023 2024 Change Underlying Orders2 2 % 2 % Net Sales $4,090 $4,619 13 % $15,165 $17,492 15 % Underlying Sales3 4 % 6 % Pretax Earnings $1,020 $679 $2,903 $2,020 Margin 24.9 % 14.7 % (1020) bps 19.1 % 11.5 %

Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ:AZPN), a global leader in industrial software, today announced financial results for its first quarter in fiscal 2025, ended September 30, 2024. Antonio Pietri, President and Chief Executive Officer of AspenTech, commented, "AspenTech continues to perform well amid ongoing macro uncertainty, delivering solid results to start fiscal 2025. We continue to see strong customer demand for our products and solutions to support their operational excellence and sustainability initiatives. The resilience of our ACV growth is a great indication of the mission-criticality of AspenTech's technology to our customers." Pietri continued, "At o

Addition of pioneering network model management technology enables utilities to effectively manage increasing grid complexity and ensure resiliency Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that it has entered into a definitive agreement to acquire Open Grid Systems Limited, a global provider of network model management technology and a pioneer in developing model-driven applications supporting open access to data through industry standards. With this acquisition, AspenTech's Digital Grid Management (DGM) suite will offer utilities a comprehensive, fully integrated network model management solution to address the acceleration of new grid

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that it will release financial results for its first quarter fiscal year 2025, ended September 30, 2024, after the U.S. financial markets close on Monday, November 4, 2024. AspenTech will host a conference call and webcast presentation on Monday, November 4, 2024, at 4:30 p.m. ET to discuss its financial results, business outlook, and related corporate and financial matters. A live webcast of the call will be available on AspenTech's Investor Relations website, http://ir.aspentech.com/, via its "Webcasts" page. Please use the following registration link to access the call by phone. We

Solution empowers asset-intensive organizations to optimize power generation, storage and load management for power availability, productivity and security Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today introduced the AspenTech Microgrid Management System™ (MMS), a solution for customers with heavy electrical power requirements in refining, chemicals, mining and other asset-intensive industries that manage their own on-site conventional and renewable power generation in orchestration with active load management and energy storage. Based on the company's proven AspenTech OSI monarch™ SCADA platform, the solution empowers customers to maximize operational

Aspen Technology, Inc. ("AspenTech" or the "Company") (NASDAQ:AZPN), a global leader in industrial software, held its 2024 Investor Day today, during which management provided updates on the Company's strategic priorities, business growth drivers, product innovation, and financial outlook. "AspenTech has worked hard to become the trusted partner we are today, helping customers transform their operations to adapt to and capitalize on the opportunities resulting from the global transition to a new energy system while also achieving their sustainability goals," said Antonio Pietri, President and CEO of AspenTech. "As a market leader with a deeply talented team and more than 40 years of experi

During the last three months, 5 analysts shared their evaluations of Aspen Technology (NASDAQ:AZPN), revealing diverse outlooks from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 1 0 0 Last 30D 0 1 0 0 0 1M Ago 1 1 0 0 0 2M Ago 0 1 1 0 0 3M Ago 0 0 0 0 0 Analysts have set 12-month price targets for Aspen Technology, revealing an average target of $221.0, a high estimate of $255.00, and a low estimate of $180.00. This upward trend is evident, with the current average re

Baird analyst Rob Oliver reiterates Aspen Technology (NASDAQ:AZPN) with a Outperform and maintains $230 price target.

Ratings for Aspen Technology (NASDAQ:AZPN) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 1 0 0 Last 30D 1 0 0 0 0 1M Ago 0 2 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $218.75, a high estimate of $255.00, and a low estimate of $180.00. This current average has increased by

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Baird analyst Luke Junk upgraded Littelfuse, Inc. (NASDAQ:LFUS) from Neutral to Outperform, while raising the price target from $270 to $300. Littelfuse shares fell 1.6% to close at $249.45 on Thursday. See how other analysts view this stock. B of A Securities analyst Craig Siegenthaler upgraded the rating for Robinhood Markets, Inc. (NASDAQ:HOOD) from Underperform to Buy, while increasing the price target from $14 to $24. Robinhood shares slipped 3.4% to settle at $17.90 on Thursday. See how other

Berenberg analyst Nay Soe Naing upgrades Aspen Technology (NASDAQ:AZPN) from Hold to Buy and raises the price target from $185 to $255.

Baird analyst Rob Oliver maintains Aspen Technology (NASDAQ:AZPN) with a Outperform and raises the price target from $210 to $230.

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that Robert Whelan, Jr. has been appointed to Chair of AspenTech's Board of Directors (the "Board"). This follows the decision by Jill Smith to resign from the Board for personal reasons.Mr. Whelan became a member of the Board in 2011 and previously served as Board Chair from 2013 to 2021. Throughout his tenure on the Board, Mr. Whelan has helped guide the company into an established industrial software leader, including the strategic transaction with Emerson Electric Co. Mr. Whelan also serves as a member of the Board's Human Capital and M&A committees.

Addition of pioneering network model management technology enables utilities to effectively manage increasing grid complexity and ensure resiliency Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that it has entered into a definitive agreement to acquire Open Grid Systems Limited, a global provider of network model management technology and a pioneer in developing model-driven applications supporting open access to data through industry standards. With this acquisition, AspenTech's Digital Grid Management (DGM) suite will offer utilities a comprehensive, fully integrated network model management solution to address the acceleration of new grid

Aspen Technology, Inc. (AspenTech) (NASDAQ:AZPN), a global leader in industrial software, today announced that David Baker has been appointed as Senior Vice President, Chief Financial Officer at AspenTech, effective June 3, 2024. Mr. Baker joins AspenTech from Emerson Electric Co. (Emerson), where he spent over 27 years in various financial leadership roles, most recently serving as Vice President, Financial Planning, where he led financial planning and analysis for the entire $17 billion Emerson corporation. In this position, Mr. Baker was crucial in leading Emerson's finance transformation to meet the needs of a newly focused global automation leader. Prior to this role, Mr. Baker serve

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that David Henshall has been appointed to its Board of Directors. Mr. Henshall most recently served as Chief Executive Officer at Citrix Systems, Inc., a leading multinational provider of cloud computing and virtualization technology, where he held executive roles for nearly twenty years. Mr. Henshall played a key role in accelerating Citrix's cloud transition, modernizing the product portfolio to enable more than 11 million subscribers of the company's SaaS services. Prior to his role as CEO, he served as Chief Operating Officer and Chief Financial Officer at Citrix, overseeing the company's wor

Mark Browning, former CIO of Exelon, to Provide Strategic Guidance to Advance Aspen Technology's Central Role in Enabling the Utility of the Future Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Mark Browning, a longtime power and utilities industry executive, has joined the company as a strategic advisor. Browning has spent the last two decades in executive positions at Exelon, the largest US utility company, serving more than 10 million customers. Most recently, Browning was Chief Information Officer with overall responsibility for IT across Exelon's family of transmission and distribution utility companies. Decarbonization, electrif

Schwartz brings innovative global marketing expertise to Körber Körber today announced the appointment of Lawrence Schwartz as Chief Marketing Officer (CMO) and Executive Vice President Software of Körber Supply Chain, a global leader in supply chain solutions. Schwartz brings more than 20 years of experience in creating and executing transformational marketing strategies. Schwartz has a demonstrated history of success in scaling programs from the ground up. His extensive experience spans cutting-edge fields from artificial intelligence (AI) and machine learning, to SaaS, data management and sustainability. As a leader in growing high-margin B2B businesses, he has proven his ability to

Strengthened leadership reflects continued focus on innovation Arista Networks (NYSE:ANET), an industry leader in data-driven, client-to-cloud networking for large data center, campus and routing environments, today announced the appointment of Chantelle Breithaupt as the company's CFO effective February 2024. Breithaupt comes to Arista with over 25 years of global financial roles. She will be joining the leadership team, having served as senior vice president and CFO of Aspen Technology (NASDAQ:AZPN). Prior to that she had executive finance roles at Cisco Systems and across four GE businesses. "I am excited to be joining Arista in this time of growth and transformation and look forwa

LITTLETON, Colo., April 6, 2023 /PRNewswire/ -- Spatial Business Systems LLC ("SBS" or the "Company"), a leading provider of intelligent design software to utilities and other critical network infrastructure providers, announced today that Al Eliasen has been appointed President. "I am thrilled to join the SBS team and support the Company through its next phase of growth. I look forward to building on the Company's strong culture and reputation as a leading provider of intelligent design software to the utilities & critical infrastructure market," said Mr. Eliasen. "I look forward to collaborating closely with Dennis and the exceptional team at SBS to further SBS's strong track record of inn

After recently appointing Steve Lucas as CEO, Boomi adds Arlen Shenkman, former Executive Vice President and Chief Financial Officer of Citrix, and Alison Biggan, former President, Corporate Marketing at SAP, to its accomplished executive leadership team Shenkman and Biggan bring more than 25 years of experience driving business transformation and world-class marketing strategies across multinational, public cloud computing and enterprise software technology companies Boomi™, the intelligent connectivity and automation leader, today announced the appointment of former Executive Vice President (EVP) and Chief Financial Officer (CFO) at Citrix Arlen Shenkman as President and CFO, and fo

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Robert "Bob" Beauchamp has been appointed to its Board of Directors. Mr. Beauchamp's appointment fills the remaining open seat following AspenTech's completion of its transaction with Emerson (NYSE:EMR) in May. Mr. Beauchamp brings more than 30 years of significant business leadership, industrial technology and M&A experience, most recently serving as Chairman of the Board at BMC Software, a recognized leader in business service management. Mr. Beauchamp joined BMC in 1988 as a sales executive and rapidly rose through the organization by leading key initiatives in research and development, st

X1 welcomes eDiscovery, compliance, and cybersecurity industries leader as its new chief executive officer to further accelerate growth and innovation X1®, the global leader in remote, in-place eDiscovery and compliance software, today announced the appointment of Larry Gill as the company's new chief executive officer. Gill brings over 20 years of in-depth technology and eDiscovery experience to X1 having previously served on its strategic advisory board and driving growth and technology innovation in the eDiscovery, GRC and cybersecurity industries. "Larry is an exceptional leader with a proven track record in both private and public corporations achieving consistent revenue growth year