NI stockholders will receive $60 per share in cash for every share of NI common stock they own immediately prior to the effective time of the merger. The proposed transaction is expected to close in the first half of Emerson's fiscal year 2024
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 1/28/2025 | $147.00 | Outperform | Daiwa Securities | |
| 12/12/2024 | $160.00 | Buy | Jefferies | |
| 11/13/2024 | $120.00 → $135.00 | Neutral | UBS | |
| 11/13/2024 | $155.00 | Outperform | Exane BNP Paribas | |
| 10/16/2024 | $135.00 → $120.00 | Overweight → Equal-Weight | Stephens | |
| 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 |
Daiwa Securities initiated coverage of Emerson with a rating of Outperform and set a new price target of $147.00
Jefferies initiated coverage of Emerson with a rating of Buy and set a new price target of $160.00
UBS resumed coverage of Emerson with a rating of Neutral and set a new price target of $135.00 from $120.00 previously
Compelling and certain value of $265 per share in cash, unanimously recommended by the independent AspenTech Special Committee, represents Emerson's best and final price ST. LOUIS, Feb. 10, 2025 /PRNewswire/ -- Emerson (NYSE:EMR) today acknowledged the public statement released by Elliott Investment Management L.P. on February 7, 2025 regarding the tender offer under which Emerson will acquire all outstanding shares of common stock of Aspen Technology, Inc. (NASDAQ: AZPN) ("AspenTech") not already owned by Emerson for $265 per share as per the definitive agreement with AspenTech announced on January 27, 2025.
WEST PALM BEACH, Fla., Feb. 7, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology, Inc. (NASDAQ:AZPN) (the "Company" or "AspenTech"), today issued the following statement regarding the Company's recently announced agreement with Emerson Electric Co. (NYSE:EMR) ("Emerson"): "As the largest minority investor in AspenTech, we disagree with the Company's decision to support a $265.00 per share tender offer by its majority stockholder, Emerson, to acquire the AspenTe
ST. LOUIS, Feb. 5, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its first quarter ended December 31, 2024 and updated its full year outlook for fiscal 2025. Emerson also declared a quarterly cash dividend of $0.5275 per share of common stock payable March 10, 2025 to stockholders of record on February 14, 2025. (dollars in millions, except per share) 2024 Q1 2025 Q1 Change Underlying Orders2 1 % Net Sales $4,117 $4,175 1 % Underlying Sales3 2 % Pretax Earnings $175 $775 Margin 4.2 % 18.6 % 1440 bps Adjusted Segment EBITA4 $1,014 $1,169 Margin 24.6 % 28.
SC 13G/A - EMERSON ELECTRIC CO (0000032604) (Subject)
SC 13G/A - NATIONAL INSTRUMENTS CORP (0000935494) (Subject)
SC 13G/A - EMERSON ELECTRIC CO (0000032604) (Subject)
8-K - EMERSON ELECTRIC CO (0000032604) (Filer)
8-K - EMERSON ELECTRIC CO (0000032604) (Filer)
10-Q - EMERSON ELECTRIC CO (0000032604) (Filer)
LATHAM, N.Y., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential pools in North America, Australia, and New Zealand, today announced the appointment of seasoned financial executive Frank J. Dellaquila as a new independent member of its Board of Directors and Chair of the Company's Audit Committee, effective immediately. Mr. Dellaquila is replacing Robert D. Evans who resigned from the Board. Mr. Dellaquila served as Chief Financial Officer of Emerson Electric Co. (NYSE:EMR) from 2009 until his retirement in 2023 and was named Executive Vice President in 2012 and Senior Executive Vice President in 2
Company brings deep legacy of driving industry standards to Margo initiative enabling more flexible, scalable automation for customers ST. LOUIS, Sept. 16, 2024 /PRNewswire/ -- Global automation and technology leader Emerson (NYSE: EMR) is joining the Linux Foundation's Margo, a new open-standard initiative designed to make edge applications, devices and orchestration software work together seamlessly across multi-vendor industrial automation environments. As process and discrete manufacturers implement enhanced digitalization, they encounter challenges at the edge due to mult
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
ST. LOUIS, Feb. 5, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its first quarter ended December 31, 2024 and updated its full year outlook for fiscal 2025. Emerson also declared a quarterly cash dividend of $0.5275 per share of common stock payable March 10, 2025 to stockholders of record on February 14, 2025. (dollars in millions, except per share) 2024 Q1 2025 Q1 Change Underlying Orders2 1 % Net Sales $4,117 $4,175 1 % Underlying Sales3 2 % Pretax Earnings $175 $775 Margin 4.2 % 18.6 % 1440 bps Adjusted Segment EBITA4 $1,014 $1,169 Margin 24.6 % 28.
ST. LOUIS, Jan. 15, 2025 /PRNewswire/ -- Emerson (NYSE:EMR) will report its first quarter results prior to market open on Wednesday, Feb. 5, 2025. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 8:30 a.m. Eastern Time, 7:30 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 th
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
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