New insider activity at Emerson Electric Company ( (EMR) ) has taken place on February 14, 2025.
Director Matthew Levatich recently sold 1,867 shares of Emerson Electric Company stock, amounting to a total value of $233,468.
Recent Updates on EMR stock
In the past 24 hours, Emerson Electric Company presented a positive outlook during its Q1 earnings call, highlighting strong financial performance with record profit margins, robust free cash flow, and strategic portfolio transformations. The company’s gross profit margin reached a record 53.5%, and free cash flow increased by 89% year-over-year. Emerson’s management expressed confidence in sustaining growth, despite challenges such as discrete orders softness, muted demand in China, and foreign exchange headwinds. These factors, along with successful innovation recognition and strategic acquisitions like AspenTech, contributed to Baird raising its price target for Emerson Electric, citing the company’s business hitting stride at an opportune time. Emerson’s forward guidance suggests continued resilience and an operational focus on leveraging market demand and strategic initiatives to enhance shareholder value.
More about Emerson Electric Company
YTD Price Performance: 1.90%
Average Trading Volume: 3,010,651
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $70.21B
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