Emerson Electric (EMR)

• Market cap: $70.7B
• 1 day: 1.42%
• 5 days: -4.53%
• 1 month: -3.88%
• 3 months: 18.00%
• 6 months: 14.75%
• Year to date: 29.42%
• 1 year: 31.09%
• 5 years: 62.70%
• 10 years: 98.23%
• Sector: Industrials
• Industry: Electronic & Other Electrical Equipment, Except Computer Equipment

About: Founded in 1890 as the first manufacturer of electric fans in North America, Emerson Electric has become a leading industrial automation player through the acquisition of established brands. Emerson organizes its business into seven segments that sell a wide range of automation software, power tools, and automation hardware such as valves, gauges, and switches. In recent years, Emerson divested its climate technology and consumer businesses to become more of a pure-play industrial automation company. The automation of a factory is an enticing long-term proposition for manufacturers, helping reduce accident rates and raise uptime and productivity.

Employees: 73,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

26% more call options, than puts

Call options by funds: $511M | Put options by funds: $405M

0% less funds holding

Funds holding: 1,914 [Q2] → 1,905 (-9) [Q3]

6% less first-time investments, than exits

New positions opened: 132 | Existing positions closed: 141

9% less repeat investments, than reductions

Existing positions increased: 678 | Existing positions reduced: 741

3.35% less ownership

Funds ownership: 78.92% [Q2] → 75.57% (-3.35%) [Q3]

5% less capital invested

Capital invested by funds: $49.7B [Q2] → $47.1B (-$2.65B) [Q3]

38% less funds holding in top 10

Funds holding in top 10: 16 [Q2] → 10 (-6) [Q3]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $120 3% downside
• Avg. target: $139 12% upside
• High target: $160 29% upside

11 analyst ratings

• positive: 7 64%
• neutral: 4 36%
• negative: 0 0%

Jefferies Saree Boroditsky 33% 1-year accuracy 4 / 12 met price target	29% upside $160	Buy Initiated	12 Dec 2024
Keybanc Ken Newman 50% 1-year accuracy 9 / 18 met price target	27% upside $158	Overweight Maintained	9 Dec 2024
Barclays Julian Mitchell 61% 1-year accuracy 62 / 101 met price target	9% upside $135	Equal-Weight Maintained	5 Dec 2024
Loop Capital Chris Dankert 62% 1-year accuracy 8 / 13 met price target	25% upside $155	Buy Maintained	2 Dec 2024
UBS Chris Snyder 79% 1-year accuracy 11 / 14 met price target	9% upside $135	Neutral Assumed	13 Nov 2024