Reported Earnings • May 06
Second quarter 2026 earnings: EPS misses analyst expectations Second quarter 2026 results: EPS: US$1.10 (up from US$0.86 in 2Q 2025). Revenue: US$4.56b (up 2.9% from 2Q 2025). Net income: US$618.0m (up 27% from 2Q 2025). Profit margin: 14% (up from 11% in 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Live News • May 06
Emerson Electric Lifts Outlook as Automation and Software Orders Show Strong Momentum Emerson reported Q2 2026 revenue of US$4.56b, up 2.9% year over year, with EPS of US$1.54 close to consensus and full-year sales and EPS guidance raised.
Growth in Intelligent Devices Final Control net sales of 38.7% and Test & Measurement sales of 15.3% offset a 17.1% decline in overall Intelligent Devices net sales and a sales drag linked to the Middle East conflict.
Orders for the Ovation automation platform rose 74% in Q1 2026, supporting Emerson’s focus on high-margin software and sensors and its 2028 targets of US$21b in net sales and a 30% adjusted segment EBITA margin.
For you as an investor, the key takeaway is that Emerson is leaning further into higher-margin automation, software and sensor products while still dealing with mixed conditions in parts of its industrial portfolio. The raised 2026 sales and EPS guidance, alongside strength in areas such as Final Control and Test & Measurement, indicates that management sees enough momentum in core automation to offset specific regional and segment pressure.
The 74% order increase for Ovation and the 2028 financial targets provide clear reference points to track how this automation strategy is contributing to scale and profitability over time. The recent board refresh with Jennifer Neustadt also points to continued attention to governance as the portfolio evolves. Announcement • Apr 15
Emerson Electric Co. to Report Q2, 2026 Results on May 05, 2026 Emerson Electric Co. announced that they will report Q2, 2026 results After-Market on May 05, 2026 Recent Insider Transactions Derivative • Feb 13
President notifies of intention to sell stock Surendralal Karsanbhai intends to sell 23k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of February. If the sale is conducted around the recent share price of US$148, it would amount to US$3.3m. For the year to September 2019, Surendralal's total compensation was 7% salary and 93% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Surendralal's direct individual holding has increased from 350.95k shares to 474.38k. Company insiders have collectively sold US$7.7m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Feb 12
Senior VP & Chief People Officer recently sold US$1.1m worth of stock On the 9th of February, Nick Piazza sold around 7k shares on-market at roughly US$159 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$6.8m more than they bought in the last 12 months. Declared Dividend • Feb 06
First quarter dividend of US$0.56 announced Shareholders will receive a dividend of US$0.56. Ex-date: 13th February 2026 Payment date: 10th March 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 04
First quarter 2026 earnings: EPS exceeds analyst expectations First quarter 2026 results: EPS: US$1.08 (up from US$1.03 in 1Q 2025). Revenue: US$4.35b (up 4.1% from 1Q 2025). Net income: US$605.0m (up 3.4% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 14
Emerson Electric Co. to Report Q1, 2026 Results on Feb 03, 2026 Emerson Electric Co. announced that they will report Q1, 2026 results After-Market on Feb 03, 2026 Announcement • Nov 27
Emerson Electric Co., Annual General Meeting, Feb 03, 2026 Emerson Electric Co., Annual General Meeting, Feb 03, 2026. Declared Dividend • Nov 07
Fourth quarter dividend of US$0.56 announced Shareholders will receive a dividend of US$0.56. Ex-date: 14th November 2025 Payment date: 10th December 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 06
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$4.03 (up from US$2.83 in FY 2024). Revenue: US$18.0b (up 3.0% from FY 2024). Net income: US$2.29b (up 41% from FY 2024). Profit margin: 13% (up from 9.2% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.4%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year. Announcement • Oct 15
Emerson Electric Co. to Report Q4, 2025 Results on Nov 05, 2025 Emerson Electric Co. announced that they will report Q4, 2025 results Pre-Market on Nov 05, 2025 Announcement • Sep 23
Emerson Introduces AI-Enabled Guidance to Support Industrial Resilience Emerson introduced Guardian Virtual Advisor, an AI-powered software solution to support end-to-end lifecycle management. Emerson's Guardian Virtual Advisor combines AI with deep domain expertise to help customers rapidly evaluate and enhance the performance of their automation systems, driving smarter decisions and operational excellence. Lifecycle services provide a comprehensive approach for industrial customers to support and maintain operations throughout the entire lifecycle of a plant - helping them maximize uptime, address operational inefficiencies and protect their automation investments. Frost & Sullivan estimates the industrial space has more than $1 trillion in operational losses globally, driving greater demand for lifecycle services. For over two decades, Emerson's Guardian Digital Platform has accumulated a vast repository of troubleshooting information - but searching articles and reference documents is a manual approach that slows down quick responses to developing issues like performing system maintenance or managing security updates or new software releases. Guardian Virtual Advisor is an intuitive, AI-powered application where users can enter natural language questions and receive an easy-to-understand answer and a link to the appropriate reference documents. Currently available to manage DeltaV distributed control systems, Guardian Virtual Advisor will be extended to include Emerson's other automation platforms, such as AMS and Ovation. The Guardian Digital Platform and Guardian Virtual Advisor will play an increasingly critical role in accelerating time-to-market, reducing costs, maximizing asset utilization and eliminating operational risks. Reported Earnings • Aug 07
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: US$1.03 (up from US$0.60 in 3Q 2024). Revenue: US$4.55b (up 3.9% from 3Q 2024). Net income: US$580.0m (up 69% from 3Q 2024). Profit margin: 13% (up from 7.9% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 4.1%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 07
Emerson Electric Co. announces Quarterly dividend, payable on September 10, 2025 Emerson Electric Co. announced Quarterly dividend of USD 0.5275 per share payable on September 10, 2025, ex-date on August 15, 2025 and record date on August 15, 2025. Announcement • Aug 06
Emerson Electric Co. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2025 Emerson Electric Co. provided earnings guidance for the fourth quarter of 2025 and fiscal year 2025. For the quarter, the company expects Net Sales Growth of 5.5% to 6.5%. Earnings Per Share of $1.13 to $1.17.
For the year, the company expects Net Sales Growth of approx. 3.5%. Earnings Per Share of ~$4.08. Announcement • Jul 22
Emerson Expands AI Capabilities into Test and Measurement Software Portfolio Emerson announced the company's Nigel™? AI Advisor is now enabled in its test software. This innovation - the company's first step in integrating test-optimized AI technology into its trusted portfolio of software and automation products - will provide engineers greater proficiency with software tools that address the increasing complexity of test and measurement across industries like semiconductor, transportation, and electronics. Built on large language models and taught to understand NI software, Nigel is a trusted advisor that helps engineers increase their productivity while maintaining control of their test environment. This new technology helps engineers use its test software, NI LabVIEW™? and NI TestStand™?, more efficiently by analyzing code and providing recommendations for improvements when developing and executing tests. Nigel enables users to ask questions via plain language prompts to get detailed suggestions for utilizing hundreds of functions, all while protecting user data through a secure cloud platform. First introduced to attendees at this year's NI Connect conference, Nigel AI Advisor is the initial release fueled by Emerson's investment in integrating AI capabilities into its broad portfolio of NI test and measurement software. NI LabVIEW and NI TestStand are both included in Emerson's NI LabVIEW+ Suite, which also includes other purpose-built software tools that work together to help engineers automate measurements, analysis and tests. Emerson plans to further integrate Nigel into its other test software products to help engineers save time and resources for higher-level tasks. As large language models advance and Emerson continues to refine for test and measurement specific tasks, Nigel AI Advisor will accelerate in intelligence and advance even greater possibilities within the field. Announcement • Jul 16
Emerson Electric Co. to Report Q3, 2025 Results on Aug 06, 2025 Emerson Electric Co. announced that they will report Q3, 2025 results Pre-Market on Aug 06, 2025 Announcement • Jul 15
Emerson Introduces First GenAI-Enabled Automation for Power and Water Industries Emerson has announced the launch of the Ovation™? AI-enabled Virtual Advisor - the first generative artificial intelligence (GenAI) advisor integrated into an automation system specifically designed for the power and water industries. The addition of an AI-enabled virtual advisor as part of Emerson's Ovation 4.0 Automation Platform delivers real-time insights to increase efficiency, detect anomalies, forecast maintenance issues and empower strategic decision-making. Emerson's Ovation Virtual Advisor embeds localized GenAI to provide dynamic system guidance and contextual support. The new solution helps users quickly gain access to Ovation system documentation, perform troubleshooting, proactively address maintenance issues and uncover optimization opportunities - all through natural language interaction. As part of a growing suite of Emerson's AI-based tools, the system capitalizes on Emerson's deep power and water domain expertise to enable future AI-powered insights to help optimize processes and equipment performance. Secure by design, the advisor uses local, pre-trained AI models based on Emerson and customer-provided system information that capture qualitative behavior at the control layer to ensure safe and accurate results. The AI models that power the Ovation Virtual Assistant can be further customized and tuned by uploading domain-specific data and operator feedback - helping customers make better operational and business decisions to drive competitive advantage. Announcement • May 22
Emerson's Expanded Ai Portfolio Paves the Way for More Optimized Autonomous Operations Emerson is empowering manufacturers across every industry to drive toward optimized autonomous operations with the most advanced industrial artificial intelligence (AI) and data solutions for online, mission-critical applications. Emerson's extensive AI portfolio - supported by its recent acquisition of the Aspen Technology business and built on decades of domain expertise - will help organizations implement AI solutions that deliver consistent, sustainable value. AI tools have reached an inflection point as open AI frameworks and foundational models trained on vast amounts of data have become more robust and accessible. However, while today's companies see industrial AI as an essential tool to help automate workflows, eliminate complexity and increase agility, the unsecure and reliable nature of public generative AI (GenAI) technologies is not suitable for high-availability, mission-critical industrial manufacturing. Emerson tackles this challenge with an AI portfolio featuring local models with embedded knowledge and guidance grounded in first principles. These physics- and engineering-based models eliminate the potential for tools to generate the impossible, unrealistic and unsafe results that plague AI technologies that are not fit-for-purpose. Leveraging local, customizable, industry-specific models provides more interpretable, trusted results and eliminates the need to expose sensitive data to public cloud architectures. Emerson's AI tools provide users with powerful automated engineering workflows. Emerson's AspenTech Optiplant®? AI Equipment Layout leverages GenAI to quickly and easily provide multiple viable design options for greenfield and brownfield plants. Users provide their requirements to AI that rapidly presents multiple options to fulfill them, enabling engineers to more efficiently select layouts that are not only suitable for performance but also meet additional non-functional requirements such as buffer zones, safety and proximity, and more. DeltaV™? Revamp uses AI to accelerate a low-risk transition of legacy control and safety system configuration to a modern DeltaV system, informed by data gathered from thousands of modernization projects across every industry. The AI tools in Emerson's DeltaV Revamp analyze information learned from each control system update to further improve the core database for increased speed, accuracy and agility with each modernization. AspenTech Strategic Planning for Sustainability Pathways™? leverages GenAI technology to navigate complex options and pathways to help companies more easily develop long-term strategies for decarbonization. In addition, Aspen Virtual Advisor (AVA), an AI-driven advisor built into Emerson technologies, provides expert operational guidance to users across a wide range of experience levels as they navigate sophisticated tools used for design, planning, scheduling and automation of operations. Today, AVA leverages deep knowledge of Aspen PIMS™? planning software and Aspen DMC3™? adaptive process control software, allowing users to ask natural language questions to identify process bottlenecks or find ways to achieve specific goals. Other virtual advisors, like those built into Emerson's Ovation™? 4.0 Automation Platform and Guardian™? Digital Platform, provide the tools users need to visually translate and simplify complex issues to easily understand what is happening in their control system. At its Emerson Exchange 2025 conference on May 20 in San Antonio, the company announced Project Beyond, the company announced Project Beyond. Project Beyond, the industry's first software-defined, OT-ready digital platform that will deploy and manage Emerson's suite of new AI applications and models. Project Beyond, the company will deploy and manage Emerson's Suite of new AI applications and models. Announcement • May 20
Emerson's Project Beyond to Modernize and Seamlessly Integrate the Industrial Automation Technology Stack Emerson is pioneering a new software-defined enterprise operations platform - dubbed Project Beyond - that will fundamentally change today's approach to industrial automation. Emerson's Project Beyond will deliver the industry's first software-defined, OT-ready digital platform that seamlessly integrates and optimizes industrial operations. Leveraging innovations in software-defined control, data management, zero-trust cybersecurity and artificial intelligence, Emerson's new platform will help automation investments deliver value without adding complexity. The speed of technology and industrial artificial intelligence (AI) advancements, combined with increased computing power needs and the unprecedented volume and complexity of siloed data generated across industrial assets, requires a new, cost-efficient way for companies to leverage automation across the enterprise while protecting existing investments. Emerson's Project Beyond will tackle this challenge by creating a flexible, scalable and secure platform that connects today's existing automation installed base with modern technologies to empower continuous, enterprise-wide visibility, optimization and, eventually, autonomous operations. Project Beyond will also provide a consistent platform to deploy and manage new AI applications and models, along with contextualized data, to unlock unimagined flexibility, safety, sustainability and performance for essential industries such as energy, power, life sciences, chemical and mining. The building blocks of Project Beyond include: Modern Computing Environments: Project Beyond will unify the latest in on-premise edge computing with the power of the cloud to deliver unparalleled data analytics. Networking & Connectivity: Secure connectors, APIs and software interfaces that allow connectivity of existing OT systems, devices and legacy I/O to the platform as well as the ability to connect the platform to IT environments. DataOps: A powerful data fabric weaving together all OT assets, from devices to entire systems, turning contextualized data and codified knowledge into digital intelligence around operations. App Marketplace: A catalogue of applications, curated for an organization's unique needs, collected in a single marketplace for easy access and deployment. AI Orchestration: An orchestration engine that will manage the deployment and lifecycle of AI agents enabling the future human/AI hybrid workforce. Zero-Trust Security Architecture: A security plane that secures every access, device, application, connection and data within the platform. Designed as a data-centric platform, the enterprise operations platform enables a more flexible deployment of even more powerful mission-critical functionality, such as the new DeltaV IQ Controller. This software-defined controller will run on commercial, off-the-shelf servers, bringing increased scalability, flexibility, resiliency and extensibility to enterprise operations. Recent Insider Transactions Derivative • May 13
Insider notifies of intention to sell stock Michael Train intends to sell 28k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of May. If the sale is conducted around the recent share price of US$119, it would amount to US$3.4m. Since September 2024, Michael's direct individual holding has increased from 272.51k shares to 274.67k. Company insiders have collectively sold US$12m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • May 11
President recently sold US$1.9m worth of stock On the 8th of May, Surendralal Karsanbhai sold around 17k shares on-market at roughly US$113 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Surendralal has been a net seller over the last 12 months, reducing personal holdings by US$8.7m. Recent Insider Transactions Derivative • May 09
President notifies of intention to sell stock Surendralal Karsanbhai intends to sell 19k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of May. If the sale is conducted around the recent share price of US$112, it would amount to US$2.2m. For the year to September 2019, Surendralal's total compensation was 7% salary and 93% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2024, Surendralal's direct individual holding has increased from 290.91k shares to 367.28k. Company insiders have collectively sold US$10m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • May 09
Second quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 16th May 2025 Payment date: 10th June 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • May 07
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 65% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Reported Earnings • May 07
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$0.86 (down from US$0.88 in 2Q 2024). Revenue: US$4.43b (up 1.3% from 2Q 2024). Net income: US$485.0m (down 3.2% from 2Q 2024). Profit margin: 11% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Apr 16
Emerson Electric Co. to Report Q2, 2025 Results on May 07, 2025 Emerson Electric Co. announced that they will report Q2, 2025 results Pre-Market on May 07, 2025 Buy Or Sell Opportunity • Mar 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to US$117. The fair value is estimated to be US$149, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has declined by 4.8%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Declared Dividend • Feb 07
First quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 14th February 2025 Payment date: 10th March 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 49% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 05
First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2025 results: EPS: US$1.03 (up from US$0.25 in 1Q 2024). Revenue: US$4.18b (up 1.4% from 1Q 2024). Net income: US$585.0m (up 312% from 1Q 2024). Profit margin: 14% (up from 3.4% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Jan 15
Emerson Electric Co. to Report Q1, 2025 Results on Feb 05, 2025 Emerson Electric Co. announced that they will report Q1, 2025 results Pre-Market on Feb 05, 2025 Announcement • Dec 02
Emerson Electric Co., Annual General Meeting, Feb 04, 2025 Emerson Electric Co., Annual General Meeting, Feb 04, 2025. Recent Insider Transactions • Nov 17
President recently sold US$6.8m worth of stock On the 13th of November, Surendralal Karsanbhai sold around 52k shares on-market at roughly US$131 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Surendralal's only on-market trade for the last 12 months. New Risk • Nov 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.2% net profit margin). Significant insider selling over the past 3 months (US$2.7m sold). New Risk • Nov 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.2% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (9.2% net profit margin). Significant insider selling over the past 3 months (US$2.7m sold). Recent Insider Transactions • Nov 11
Insider recently sold US$2.7m worth of stock On the 6th of November, Michael Train sold around 22k shares on-market at roughly US$126 per share. This transaction amounted to 7.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$3.7m more than they bought in the last 12 months. Announcement • Nov 07
Emerson Electric Co. (NYSE:EMR) submitted a proposal to acquire the remaining 42.59% shares in Aspen Technology, Inc. (NasdaqGS:AZPN) for $6.6 billion. Emerson Electric Co. (NYSE:EMR) submitted a proposal to acquire the remaining 42.59% shares in Aspen Technology, Inc. (NasdaqGS:AZPN) for $6.6 billion on November 5, 2024. Emerson submitted a proposal to the board of directors of Aspen to acquire all outstanding shares of common stock of AspenTech not already owned by the Company for $240 per share in cash. The proposal implies a fully diluted market capitalization for AspenTech of $15.3 billion and an Enterprise Value of $15.1 billion. The proposed transaction follows Emerson’s 55% majority investment in AspenTech, which was completed in 2022. Emerson currently owns approximately 57% of AspenTech’s outstanding shares of common stock. Upon completion of the transaction, AspenTech would become a wholly owned subsidiary of Emerson. The proposal is not subject to any financing condition and would be financed from cash on hand, committed lines of credit and/or other available sources of financing. Emerson expects the impact of this proposed transaction with synergies to be neutral to Adjusted EPS in fiscal 2025. Goldman Sachs & Co. LLC and Centerview Partners LLC are serving as financial advisors to Emerson, and Phillip R. Mills, Cheryl Chan, Travis Triano, Michael Mollerus, Corey M. Goodman, Frank J. Azzopardi, Ronan P. Harty and John B. Meade of Davis Polk & Wardwell LLP is serving as legal advisors. Declared Dividend • Nov 07
Third quarter dividend increased to US$0.53 Dividend of US$0.53 is 0.5% higher than last year. Ex-date: 15th November 2024 Payment date: 10th December 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$127, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 6x in the Electrical industry in the US. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$113 per share. Announcement • Oct 15
Emerson Electric Co. to Report Q4, 2024 Results on Nov 05, 2024 Emerson Electric Co. announced that they will report Q4, 2024 results Pre-Market on Nov 05, 2024 Announcement • Aug 15
Blackstone Inc. (NYSE:BX), GIC Private Limited and Abu Dhabi Investment Authority completed the acquisition of 40% stake in Copeland LP from Emerson Electric Co. (NYSE:EMR). Blackstone Inc. (NYSE:BX), GIC Private Limited and Abu Dhabi Investment Authority entered into a definitive agreement to acquire 40% stake in Copeland LP from Emerson Electric Co. (NYSE:EMR) for $3.4 billion on June 6, 2024. Transaction is for a transaction value of approximately $3.5 billion, with pre-tax cash proceeds of $3.4 billion, net of the release of $0.1 billion of future indemnity obligations. Emerson intends to use the approximate $2.9 billion after-tax cash proceeds to pay down its existing debt obligations. Debt financing related to the transaction is being led by RBC Capital Markets, LLC, Barclays, Goldman Sachs Bank USA, Sumitomo Mitsui Banking Corporation, and Wells Fargo. The transaction is subject to the government approvals and any required approval pursuant to applicable Competition Laws. The transactions have been unanimously approved by Emerson’s Board of Directors and are expected to close in the second half of calendar year 2024. Marc O. Williams, Christopher Nairn-Kim, Michael Mollerus, Corey M. Goodman, Aliza Slansky and Matthew Yeowart of Davis Polk & Wardwell LLP served as legal advisor and Goldman Sachs & Co. LLC served as exclusive financial advisor to Emerson. William J. Allen, Louis Argentieri, Jon Goldstein, Brian Gluck, Adam Moss, Jon Ozner, Jonathan Karen, Steven Klar, Ben Smith, Michael Wolitzer, Ben Wells and Elizabeth A. Cooper of Simpson Thacher & Bartlett LLP acted as legal counsel to Blackstone and Copeland. Barclays Capital Inc. and RBC Capital Markets, LLC acted as financial advisor to Blackstone and Copeland.
Blackstone Inc. (NYSE:BX), GIC Private Limited and Abu Dhabi Investment Authority completed the acquisition of 40% stake in Copeland LP from Emerson Electric Co. (NYSE:EMR) on August 13, 2024. Declared Dividend • Aug 09
Third quarter dividend of US$0.53 announced Shareholders will receive a dividend of US$0.53. Ex-date: 16th August 2024 Payment date: 10th September 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 2.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover.