Emerson Electric Co. (NYSE:EMR) has been a primary focus of the investors lately, witnessing a fair share of selling and buying activities. Kentucky Trust Co and Vontobel Holding Ltd have notably increased their holdings in EMR shares, simultaneously, Asset Management One Co. Ltd. and Essex LLC have reduced their holdings. Furthermore, several firms like Allspring Global Investments Holdings LLC and Stephens Inc. AR have augmented their positions in the company. Insider trading continues with certain insiders offloading their shares.
Although EMR's stocks were recently downgraded by some market sentiments, it has been upgraded to 'Buy' at StockNews.com and affirmed its dividend of $0.5275. The company's Q1 2025 earnings showed record margins and robust share growth; however, they missed their Q4 sales targets. Emerson has secured a $3 billion credit facility and its price target was raised by Wells Fargo & Company to $142.00. The company also plans a dividend of $0.53 and intends to acquire all remaining outstanding shares of Aspen Technology in a $7.2 billion deal.
Emerson Electric EMR News Analytics from Wed, 02 Oct 2024 07:00:00 GMT to Sat, 15 Feb 2025 10:24:59 GMT - Rating 8 - Innovation 5 - Information 7 - Rumor 5
