Emerson ElectricEMR
Market Cap: $56.2B
About: Emerson Electric sells automation equipment and services under two segments: intelligent devices and software control. Within software and control, it also holds a majority interest in AspenTech, an industrial software business, and owns a test and measurement business that was formerly National Instruments. Intelligent devices also holds Emerson's tools business, which boasts several household brands, like Ridgid. Emerson's automation business is most known for its process manufacturing solutions, which consists of measurement and analytical instrumentation, as well as control valves and actuators, among other products and services. Nearly half of the firm's geographic sales come from the Americas.
Employees: 67,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
46% more call options, than puts
Call options by funds: $530M | Put options by funds: $362M
0.16% less ownership
Funds ownership: 76.23% [Q1] → 76.07% (-0.16%) [Q2]
1% less funds holding
Funds holding: 1,907 [Q1] → 1,892 (-15) [Q2]
3% less capital invested
Capital invested by funds: $49.3B [Q1] → $47.9B (-$1.41B) [Q2]
3% less repeat investments, than reductions
Existing positions increased: 688 | Existing positions reduced: 709
10% less first-time investments, than exits
New positions opened: 138 | Existing positions closed: 153
22% less funds holding in top 10
Funds holding in top 10: 18 [Q1] → 14 (-4) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Morgan Stanley Chris Snyder 58% 1-year accuracy 7 / 12 met price target | 7%upside $105 | Underweight Initiated | 6 Sept 2024 |
JP Morgan Stephen Tusa 52% 1-year accuracy 13 / 25 met price target | 17%upside $115 | Neutral Downgraded | 14 Aug 2024 |
RBC Capital Deane Dray 61% 1-year accuracy 37 / 61 met price target | 42%upside $139 | Outperform Maintained | 8 Aug 2024 |
Barclays Julian Mitchell 69% 1-year accuracy 49 / 71 met price target | 5%upside $103 | Equal-Weight Maintained | 8 Aug 2024 |
Baird Michael Halloran 27% 1-year accuracy 6 / 22 met price target | 19%upside $117 | Neutral Maintained | 8 Aug 2024 |
Financial journalist opinion
Based on 17 articles about EMR published over the past 30 days