Emerson Electric (EMR)

• Market cap: $75.9B
• 1 day: -0.88%
• 5 days: 0.26%
• 1 month: 13.16%
• 3 months: 33.19%
• 6 months: 22.97%
• Year to date: 38.87%
• 1 year: 50.71%
• 5 years: 79.98%
• 10 years: 105.23%
• 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

1% less funds holding

Funds holding: 1,912 [Q2] → 1,898 (-14) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 675 | Existing positions reduced: 737

10% less first-time investments, than exits

New positions opened: 132 | Existing positions closed: 146

3.45% less ownership

Funds ownership: 78.92% [Q2] → 75.47% (-3.45%) [Q3]

5% less capital invested

Capital invested by funds: $49.7B [Q2] → $47B (-$2.71B) [Q3]

44% less funds holding in top 10

Funds holding in top 10: 16 [Q2] → 9 (-7) [Q3]

Research analyst outlook

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

• Low target: $105 21% downside
• Avg. target: $131 2% downside
• High target: $155 16% upside

12 analyst ratings

• positive: 6 50%
• neutral: 5 42%
• negative: 1 8%

Barclays Julian Mitchell 76% 1-year accuracy 62 / 82 met price target	1% upside $135	Equal-Weight Maintained	5 Dec 2024
Loop Capital Chris Dankert 92% 1-year accuracy 12 / 13 met price target	16% upside $155	Buy Maintained	2 Dec 2024
UBS Chris Snyder 71% 1-year accuracy 10 / 14 met price target	1% upside $135	Neutral Assumed	13 Nov 2024
RBC Capital Deane Dray 76% 1-year accuracy 48 / 63 met price target	4% upside $138	Outperform Maintained	6 Nov 2024
Wells Fargo Joseph O'Dea 76% 1-year accuracy 16 / 21 met price target	1% upside $135	Overweight Maintained	6 Nov 2024