Date | Price Target | Rating | Analyst |
---|---|---|---|
9/6/2024 | $105.00 | Underweight | Morgan Stanley |
8/14/2024 | $132.00 → $115.00 | Overweight → Neutral | JP Morgan |
7/8/2024 | $135.00 | Buy | Redburn Atlantic |
5/9/2024 | $123.00 → $138.00 | Hold → Buy | Deutsche Bank |
1/4/2024 | $95.00 → $118.00 | Neutral → Buy | Mizuho |
10/3/2023 | $97.00 → $104.00 | Buy → Neutral | UBS |
10/3/2023 | $120.00 | Overweight | KeyBanc Capital Markets |
9/15/2023 | $120.00 | Hold → Buy | Vertical Research |
4 - EMERSON ELECTRIC CO (0000032604) (Issuer)
4 - EMERSON ELECTRIC CO (0000032604) (Issuer)
4 - EMERSON ELECTRIC CO (0000032604) (Issuer)
Strategic investment supports emerging technology for secure device management ST. LOUIS, Aug. 21, 2024 /PRNewswire/ -- Emerson (NYSE:EMR) today announced it has made a strategic investment through its corporate venture capital arm Emerson Ventures in Symmera, an early-stage company simplifying device authentication and data protection. Boulder Ventures will co-invest with Emerson. Through Emerson Ventures' value-add strategic investment approach, Emerson is investing in promising new technology: Symmera's scalable, highly available and secure Distributed Intelligent Network
ST. LOUIS and NEW YORK, Aug. 13, 2024 /PRNewswire/ -- Emerson (NYSE:EMR) announced today that it has completed the sale of its remaining interest in the Copeland joint venture, the 40% common equity ownership stake, to private equity funds managed by Blackstone ("Blackstone"). As a standalone company focused on serving the global HVAC and refrigeration market, Copeland's product portfolio includes market-leading compressors, controls, thermostats, valves, software and monitoring solutions for residential, commercial and industrial customers. About EmersonEmerson (NYSE:EMR) is
ST. LOUIS, Aug. 7, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its third quarter ended June 30, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock payable September 10, 2024 to stockholders of record on August 16, 2024. (dollars in millions, except per share) 2023 Q3 2024 Q3 Change Underlying Orders2 3 % Net Sales $3,946 $4,380 11 % Underlying Sales3 3 % Pretax Earnings $822 $455 Margin 20.8 % 10.4 % (1040) bps Adjusted Segment EBITA4 $1,060 $1,189 Margin 26.9 % 27
ST. LOUIS, Aug. 7, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its third quarter ended June 30, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock payable September 10, 2024 to stockholders of record on August 16, 2024. (dollars in millions, except per share) 2023 Q3 2024 Q3 Change Underlying Orders2 3 % Net Sales $3,946 $4,380 11 % Underlying Sales3 3 % Pretax Earnings $822 $455 Margin 20.8 % 10.4 % (1040) bps Adjusted Segment EBITA4 $1,060 $1,189 Margin 26.9 % 27
ST. LOUIS, July 17, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) will report its third quarter results prior to market open on Wednesday, August 7, 2024. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 9 a.m. Eastern Time, 8 a.m. Central Time. All interested parties may listen to the live conference call and view presentation slides, which will be posted in advance of the call, by going to the Investors area of Emerson's website at www.Emerson.com/investors and completing a brief registration form. A replay of the c
ST. LOUIS, May 8, 2024 /PRNewswire/ -- Emerson (NYSE:EMR) today reported results1 for its second quarter ended March 31, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock payable June 10, 2024 to stockholders of record on May 17, 2024. (dollars in millions, except per share) 2023 Q2 2024 Q2 Change Underlying Orders2 (1) % Net Sales $3,756 $4,376 17 % Underlying Sales3 8 % Pretax Earnings $639 $652 Margin 17.0 % 14.9 % (210) bps Adjusted Segment EBITA4 $924 $1,139 Margin 24.6 % 26.0 % 140
Redburn Atlantic analyst Richard Radbourne initiates coverage on Emerson Electric (NYSE:EMR) with a Buy rating and announces Price Target of $135.
8 analysts have expressed a variety of opinions on Emerson Electric (NYSE:EMR) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 1 3 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 3 0 2 0 0 3M Ago 1 0 1 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $126.12, a high estimate of $138.00, and a low estimate of $105.00. Surpassing
Wells Fargo analyst Joseph O'Dea maintains Emerson Electric (NYSE:EMR) with a Overweight and raises the price target from $133 to $137.
4 - EMERSON ELECTRIC CO (0000032604) (Issuer)
3 - EMERSON ELECTRIC CO (0000032604) (Issuer)
4 - EMERSON ELECTRIC CO (0000032604) (Issuer)
Morgan Stanley initiated coverage of Emerson with a rating of Underweight and set a new price target of $105.00
JP Morgan downgraded Emerson from Overweight to Neutral and set a new price target of $115.00 from $132.00 previously
Redburn Atlantic initiated coverage of Emerson with a rating of Buy and set a new price target of $135.00
S-8 - EMERSON ELECTRIC CO (0000032604) (Filer)
10-Q - EMERSON ELECTRIC CO (0000032604) (Filer)
8-K - EMERSON ELECTRIC CO (0000032604) (Filer)
SC 13G/A - EMERSON ELECTRIC CO (0000032604) (Subject)
SC 13G/A - EMERSON ELECTRIC CO (0000032604) (Subject)
SC 13D - EMERSON ELECTRIC CO (0000032604) (Filed by)
ST. LOUIS, May 8, 2024 /PRNewswire/ -- Emerson (NYSE:EMR) today announced the election of Calvin Butler, President and Chief Executive Officer of Exelon, to its Board of Directors, effective August 1, 2024. He will serve on the Corporate Governance and Nominating Committee. Effective August 1, 2024, the Emerson Board will expand to 12 members. Butler is a seasoned public company executive with significant operational and leadership experience in the energy industry. He has led Exelon, the nation's largest utility company, as President and CEO since 2022 and served in a varie
Tang to succeed Sara Yang Bosco, who will retire after 18-year Emerson career ST. LOUIS, Nov. 30, 2023 /PRNewswire/ -- Emerson (NYSE:EMR), a leader in automation software and technology, today announced the appointment of Michael Tang as senior vice president, secretary and chief legal officer, effective Jan. 1, 2024. Tang succeeds Sara Yang Bosco, who will retire from Emerson on Dec. 31 after 18 years with the company. As chief legal officer, Tang will be responsible for all legal matters and global security pertaining to Emerson, including corporate governance, M&A, compliance, dispute resolution, and corporate and commercial operational matters.
NEW YORK, Oct. 9, 2023 /PRNewswire/ -- Hyatt Hotels Corp. (NYSE:H) will replace National Instruments Corp. (NASD:NATI) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, October 12. S&P 500 constituent Emerson Electric Co. (NYSE:EMR) is acquiring National Instruments in a deal expected to be completed soon pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector October 12, 2023 S&P MidCap 400 Addition Hyatt Hotels H Consumer Discretionary S&P MidCap 400 Deletion National Instruments NATI Information Technology F