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Emerson Electric office in Markham, Ontario. Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. [2] [3] [4] The Fortune 500 company delivers a range of engineering services, manufactures industrial automation equipment, climate control systems, and precision measurement instruments, and provides software engineering solutions for industrial ...
Trading at 17.5 times Wall Street earnings estimates for 2025, Emerson Electric stock has plenty of upside potential, while the downside is limited by the fact that its markets are bottoming in 2024.
The company was rebranded as Vertiv. Emerson also retained a subordinated equity piece in the company. [12] Vertiv launched as a stand-alone business and announced the appointment of Rob Johnson as chief executive officer. [13] [14] In 2017, Vertiv sold its ASCO power switch business to Schneider Electric for $1.25 billion. [15]
Emerson Electric Company (NYSE:EMR) shares traded higher on Tuesday after the company reported fourth-quarter FY24 results. Net sales growth of 13% year over year to $4.62 billion, beating the ...
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In the latest trading session, Emerson Electric (EMR) closed at $87.33, marking a -1.84% move from the previous day.
Emerson Electric (EMR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
(Reuters) -Emerson Electric on Tuesday proposed to buy the rest of AspenTech that it does not own at a valuation of $15.1 billion, as the company looks to sharpen its focus on industrial automation.