SweetBunFactory The first thing I ask myself when I think about buying shares in a new company these days is, "Will they improve the quality of my portfolio?" Frankly, the answer is usually no. You see, I already own shares in 65 different blue-chip companies. I've already got my bases covered when it comes to just about every sector, industry, and secular growth story that I want long-term exposure to. Those 65 stocks set a pretty high bar to clear as far as quality goes. And therefore, so long as I stay d ...

Despite the rise in the markets this year, there are still great value stocks to be found.It's a good idea to buy stocks that have solid upside potential and limited downside. And I think automation technology company Emerson Electric (EMR 1.25%), water products company Pentair (PNR 1.95%), and industrial conglomerate 3M (MMM 1.34%) are ideal candidates in this regard. Here's why.Emerson Electric is an outstanding value stockManagement's decision to focus the company on automation and adjacent markets like ...

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. Boulder Ventures will co-invest with Emerson.Through Emerson Ventures' value-add strategic investment approach, Emerson is investing in promising new technology: Symmera's ...

Emerson Electric Co. (EMR) recently divested the remaining 40% common equity ownership in Copeland to Blackstone Inc. (BX) . The transaction was valued at approximately $3.5 billion, with pre-tax cash proceeds of $3.4 billion.Headquartered in New York, Blackstone Inc. is an asset manager of alternative investments and a provider of financial advisory services globally. Effective Sep 18, 2023, the company joined the S&P 500 index, becoming the first major alternative asset manager to be part of the index. As ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Emerson Electric (EMR) .Emerson Electric currently has an average brokerage recommendation (ABR ...

Emerson Electric Co. (EMR) reported third-quarter fiscal 2024 (ended Jun 30, 2024) adjusted earnings of $1.43 per share, which beat the Zacks Consensus Estimate of $1.42. The bottom line increased 11% year over year.Emerson’s net sales of $4.38 billion missed the consensus estimate of $4.47 billion. The top line increased 11% year over year, driven by solid segmental performance. The underlying sales were up 3% year over year.Segmental DetailsEffective from the first quarter of fiscal 2023, the company star ...

2024 Q3 EMERSON | 1 Emerson Earnings August 7, 2024 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Emerson Electric (EMR) reported $4.38 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 11%. EPS of $1.43 for the same period compares to $1.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.45 billion, representing a surprise of -1.60%. The company delivered an EPS surprise of +0.70%, with the consensus EPS estimate being $1.42.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...

Emerson Electric (EMR) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.70%. A quarter ago, it was expected that this maker of process controls systems, valves and analytical instruments would post earnings of $1.26 per share when it actually produced earnings of $1.36, delivering a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to __________________ Commission file number 1-278 EMERSON ELECTRIC CO. (Exact name of registrant as specified in its charter) ...