EMR Stock Recent News

Emerson Electric (EMR) closed at $109.22 in the latest trading session, marking a +0.29% move from the prior day.

Emerson Electric (EMR) reachead $105.05 at the closing of the latest trading day, reflecting a -0.1% change compared to its last close.

In the most recent trading session, Emerson Electric (EMR) closed at $103.90, indicating a +1.47% shift from the previous trading day.

Zacks.com users have recently been watching Emerson Electric (EMR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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I prioritize adding stocks that enhance my portfolio's quality, and Emerson Electric meets this criterion due to its alignment with the re-industrialization trend. Emerson Electric is well-positioned to benefit from the 5th Industrial Revolution, focusing on automation, electrification, and advanced manufacturing, making it a compelling long-term investment. After a recent 13% sell-off, EMR's valuation is attractive, trading below its historical P/E ratios, with strong fundamental growth prospects.

Emerson Electric is set for excellent long-term growth thanks to favorable megatrends. Water products specialist Pentair is both a restructuring play and a beneficiary of lower interest rates.

REITs have performed well recently due to indications of interest rate hikes, but inflation uncertainties may lead investors to diversify into less interest rate-sensitive assets. Emerson Electric is a global leader in automation equipment and services, focusing on high-growth areas like sustainability and energy transition, with strong profitability and growth opportunities. EMR has shown better downside protection compared to real estate over the past 3 years, and carries a strong project pipeline.

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.

Emerson transitioned into a growth industrial technology company with a focus on software, control, sustainability, and energy transitions. Weak MRO and discrete automation markets led to only 3% organic revenue and order growth in recent results. Despite short-term challenges, Emerson is expected to achieve 6% organic revenue growth in FY24 with a one-year target price of $140 per share.