KeyBanc Reiterates Overweight Rating on Emerson (EMR)

Emerson (EMR) PT Raised to $140 at Deutsche Bank

November 5, 2024 4:17 PM EST

Deutsche Bank analyst Nicole DeBlase raised the price target on Emerson (NYSE: EMR) to $140.00 (from $136.00) while maintaining a Buy rating.

The analyst comments "EMR stock traded up nearly 7% today, and while the modest 3% 4Q24 core adj. segment EBITA beat and FY25 guidance positioned 1% above... More

JPMorgan Reiterates Neutral Rating on Emerson (EMR)

November 5, 2024 8:23 AM EST

JPMorgan analyst C. Stephen Tusa Jr. reiterated a Neutral rating and $135.00 price target on Emerson (NYSE: EMR).

The analyst comments "A better than expected result, with upside sales on the hardware businesses dropping through with a beat on margins, and strong FCF. Looking ahead, orders came within the guided range at 2%, and backlog continues to normalize down to $7.16 B V $7.4 B in... More

Citi Reiterates Buy Rating on Emerson (EMR)

November 5, 2024 8:22 AM EST

Citi analyst Andrew Kaplowitz reiterated a Buy rating and $128.00 price target on Emerson (NYSE: EMR).

The analyst comments "EMR reported what we view as solid F4Q24 results and a constructive initial FY25 outlook reflecting a still positive growth outlook and an expectation of continued... More

Morgan Stanley Reiterates Underweight Rating on Emerson (EMR)

November 5, 2024 8:20 AM EST

Morgan Stanley analyst Chris Snyder reiterated an Underweight rating and $105.00 price target on Emerson (NYSE: EMR)

The analyst comments "Reaction: While shares are pointing up materially in the pre-market, we would expect just a muted reaction for EMS shares despite the high... More

Emerson Electric jumps on Q3 beat, proposal to buy rest of AspenTech shares

November 5, 2024 7:24 AM EST

(Updated - November 5, 2024 8:28 AM EST)

Investing.com -- Emerson (NYSE: EMR) Electric shares jumped more than 5% in premarket trading Tuesday after the engineering services provider reported better-than-expected Q4 results and issued upbeat guidance for the fiscal 2025.

For Q4 2024, the company posted earnings per share (EPS) of $1.48, narrowly beating the analyst estimate of $1.47. Quarterly revenue reached... More

Emerson Electric (EMR) Tops Q4 EPS by 1c ; Offers Guidance

November 5, 2024 6:32 AM EST

Emerson Electric (NYSE: EMR) reported Q4 EPS of $1.48, $0.01 better than the analyst estimate of $1.47. Revenue for the quarter came in at $4.62 billion versus the consensus estimate of $4.57 billion.

GUIDANCE:

Emerson Electric sees Q1 2025 EPS of $1.25-$1.30, versus the consensus of... More

Emerson (EMR) proposed to acquire Aspen Technology (AZPN) for $240/sh cash

November 5, 2024 6:32 AM EST

Emerson (NYSE: EMR) has made a proposal to acquire all outstanding shares of common stock of AspenTech (NASDAQ: AZPN) ("AspenTech") not already owned by Emerson for $240 per share in cash. The proposed transaction follows Emerson's 55% majority investment in AspenTech, which was... More

Emerson Electric (EMR) Announces Key Actions to Complete the Portfolio Transformation

November 5, 2024 6:31 AM EST

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 proposal to acquire all outstanding shares of common stock of AspenTech (NASDAQ: AZPN) ("AspenTech") not already owned by Emerson for $240 per share in cash. The proposed transaction follows Emerson's 55% majority investment in AspenTech, which was completed in 2022.... More

Emerson Electric (EMR) November 11 weekly option IV elevated into quarter results

November 4, 2024 11:11 AM EST

Emerson Electric (NYSE: EMR) November 11 weekly call option implied volatility is at 74, November is at 51; compared to its 52-week range of 13 to 42 into the expected release of quarter results before the bell on November 5.

... More