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May 6, 2023
Thrivent Financial for Lutherans lifted its stake in Emerson Electric Co. (NYSE:EMR – Get Rating) by 75.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,750,013 shares of the industrial products company’s stock after buying an additional 752,677 shares during the quarter. Thrivent Financial […]
May 6, 2023
Donoghue Forlines LLC bought a new position in shares of Emerson Electric Co. (NYSE:EMR – Get Rating) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,625 shares of the industrial products company’s stock, valued at approximately $636,000. A number of other institutional […]
May 6, 2023
Emerson Electric (NYSE:EMR – Get Rating) issued an update on its third quarter 2023 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.07-$1.11 for the period, compared to the consensus EPS estimate of $1.07. The company issued revenue guidance of $5.53 billion-$5.63 billion, compared to the consensus revenue estimate of $3.83 billion. […]
May 6, 2023
Swiss National Bank reduced its holdings in Emerson Electric Co. (NYSE:EMR – Get Rating) by 6.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,403,200 shares of the industrial products company’s stock after selling 170,086 shares during the period. Swiss National Bank owned […]
May 5, 2023
888 restated their maintains rating on shares of Emerson Electric (NYSE:EMR – Get Rating) in a research note published on Thursday morning, Benzinga reports. Other equities analysts also recently issued reports about the stock. Royal Bank of Canada cut their price objective on shares of Emerson Electric from $110.00 to $107.00 and set an outperform […]
May 5, 2023
Emerson Electric (NYSE:EMR – Get Rating) updated its FY23 earnings guidance on Wednesday morning. The company provided EPS guidance of $4.15-4.25 for the period, compared to the consensus EPS estimate of $4.07. Emerson Electric also updated its FY 2023 guidance to $4.15-$4.25 EPS. Emerson Electric Trading Up 2.0 % Shares of EMR stock traded up […]
May 5, 2023
Emerson Electric (NYSE:EMR – Get Rating) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.07-1.10 for the period, compared to the consensus earnings per share estimate of $1.09. Emerson Electric also updated its FY 2023 guidance to $4.15-$4.25 EPS. Emerson Electric Stock Performance […]
May 5, 2023
Freedom Day Solutions LLC lessened its stake in shares of Emerson Electric Co. (NYSE:EMR – Get Rating) by 4.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,883 shares of the industrial products company’s stock after selling 136 shares during the quarter. Freedom […]
May 4, 2023
Emerson Electric Co. (NYSE:EMR – Get Rating) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 5,190,000 shares, a drop of 7.5% from the March 31st total of 5,610,000 shares. Based on an average daily volume of 3,670,000 shares, the […]
May 4, 2023
Emerson Electric Co. (NYSE:EMR – Get Rating) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 5,190,000 shares, a decline of 7.5% from the March 31st total of 5,610,000 shares. Currently, 0.9% of the shares of the company are short sold. Based on […]