Company brings deep legacy of driving industry standards to Margo initiative enabling more flexible, scalable automation for customersST. LOUIS, Sept. 16, 2024 /PRNewswire/ -- Global automation and technology leader Emerson (NYSE: EMR) is joining the Linux Foundation's Margo, a new open-standard initiative designed to make edge applications, devices and orchestration software work together seamlessly across multi-vendor industrial automation environments.As process and discrete manufacturers implement enhan ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?D ...

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 ...

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 Earnings August 7, 2024 EMERSON | 1 Safe Harbor Statement Statements in this presentation and our commentary and responses to questions that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include the scope, duration and ultimate impacts of the Russia-Ukraine and other global conflicts, as well as economic and ...

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 ...