Emerson Electric Co. has been seeing a surge in
stock activity, with multiple financial establishments bolstering their positions in recent months. Investment management companies Brown Advisory Inc., M&T Bank Corp, Financial Counselors Inc., and Brookstone Capital Management have all sold off shares, while Regents Gate Capital, Envestnet Asset Management, and Diversify Wealth Management have acquired significant quantities.
Stock purchases have also been made by World Investment Advisors, OLD Republic International Corp, and Chilton Capital Management. Both Barclays and TD Cowen have issued positive forecasts for Emerson's stock, with
price target increases and upgrades, respectively.
Strong growth in automation is credited for the positive performance. Emerson Electric's Q1
earnings call and upcoming Q2
earnings estimates indicate robust growth and raised guidance, reinforcing the company's positions as a strong momentum stock. Its shift from hardware to software, energy transition, and focus on digital industrialization strategies are expected to be key growth drivers.
Emerson Electric EMR News Analytics from Tue, 04 Mar 2025 08:00:00 GMT to Sat, 12 Jul 2025 21:49:53 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -2