Welcome to our dedicated page for Emerson Elec Co news (Ticker: EMR), a resource for investors and traders seeking the latest updates and insights on Emerson Elec Co stock.
Emerson Electric Co. (NYSE: EMR) regularly issues news and updates that reflect its role as a global automation and industrial technology company. The company’s press releases describe a focus on advanced automation, industrial software and intelligent devices that support what Emerson calls the autonomous future. News items often highlight how its technologies are applied in mission‑critical and essential industries.
Recent announcements include earnings releases and outlook updates, where Emerson discusses segment performance, cash flow, capital allocation and guidance. These communications are typically accompanied by information about investor conference calls and webcasts, giving context for how management views the company’s progress and financial framework.
Emerson’s news flow also covers strategic and technology developments. Examples from its own releases include recognition as an "Industrial IoT Company of the Year" and the introduction of AI‑enabled software such as Guardian Virtual Advisor, which the company describes as supporting lifecycle management and industrial resilience. Project‑specific news has described automation engagements for mining and critical minerals projects, where Emerson’s automation portfolio and services are presented as supporting safety, efficiency and environmental performance.
Investors and observers following EMR news can expect updates on segment reporting changes, portfolio developments such as acquisitions and divestitures, automation and software launches, awards and recognitions, and details of investor events. The EMR news page on Stock Titan aggregates these company communications so readers can review how Emerson presents its strategy, segment structure, technology focus and capital allocation over time.
Aspen Technology (NASDAQ:AZPN) has received an unsolicited, non-binding acquisition proposal from Emerson Electric Co. (NYSE:EMR) to purchase all remaining outstanding shares not already owned by Emerson for $240.00 per share in cash. Emerson currently owns 57.4% of AspenTech's outstanding common shares. The proposal was submitted on November 5, 2024. AspenTech's Board of Directors will review the proposal following appropriate governance processes, and shareholders are advised to take no action at this time.
Emerson (NYSE: EMR) announced three key strategic actions: proposing to acquire remaining AspenTech shares at $240 per share in cash, exploring strategic alternatives for its Safety & Productivity segment, and planning to repurchase $2.0 billion of shares in fiscal 2025. The AspenTech proposal represents a 35% premium to the undisturbed share price and values AspenTech at $15.3 billion market cap. The Safety & Productivity segment, which contributed $1.4 billion in sales with 24.5% margins in fiscal 2024, is being considered for potential sale. Emerson plans to complete $1.0 billion of share repurchases by Q1 fiscal 2025.
Emerson (NYSE: EMR) reported strong fiscal 2024 results with net sales increasing 15% to $17.492 billion. The company achieved underlying sales growth of 6% and improved adjusted segment EBITA margin by 100 basis points to 26.0%. Adjusted earnings per share grew 24% to $5.49, while free cash flow increased 23% to $2.898 billion. For fiscal 2025, Emerson projects net sales growth of 3.5-5.5% and adjusted EPS of $5.85-$6.05. The company also announced a quarterly dividend increase to $0.5275 per share.
Emerson (NYSE: EMR), a global automation and software leader, has been chosen by HyIS-one to provide advanced technologies for Korea's largest hydrogen refueling station for commercial vehicles in Busan. The station will have a capacity of 350 kilograms per hour, capable of charging over 200 commercial vehicles daily and storing up to 1.5 tons of pressurized hydrogen. It will be the first large-capacity station in Korea to unload tube trailers without docking.
Emerson will supply pressure and temperature transmitters, ultrasonic gas leak detectors, pressure regulators, and safety valves to ensure safety and reliability. HyIS-one reports a 50% improvement in refueling speed compared to other stations. By 2026, HyIS-one plans to establish up to 30 large hydrogen refueling stations across Korea and secure its own tube trailers for a commercial vehicle hydrogen refueling system.
Emerson (NYSE: EMR) has announced its schedule for reporting fourth quarter and full year 2024 financial results. The company will release its earnings report before the market opens on Tuesday, November 5, 2024. Following the release, Emerson's senior management will host an investor conference call at 8 a.m. Eastern Time (7 a.m. Central Time) to discuss the results.
Interested parties can access the live conference call and view presentation slides by visiting the Investors section of Emerson's website at www.Emerson.com/investors. A brief registration is required to participate. For those unable to attend the live event, a replay of the conference call will be available for three months following the webcast on the same website.
Emerson (NYSE: EMR), a global automation and technology leader, has joined the Linux Foundation's Margo initiative, aimed at enhancing edge interoperability in industrial automation. This open-standard project seeks to address challenges in integrating multi-vendor devices, apps, and orchestration environments at the edge. Emerson's participation aligns with its Boundless Automation™ vision for a modern automation architecture.
The Margo initiative will develop open standards, reference implementations, and testing toolkits to simplify the deployment and operation of complex, multi-vendor industrial edge environments. This collaboration is expected to accelerate digital transformation programs and realize the full potential of AI, machine learning, and analytics at the edge for manufacturers of all sizes.
Emerson (NYSE: EMR) has made a strategic investment through its corporate venture capital arm, Emerson Ventures, in Symmera, an early-stage company focused on simplifying device authentication and data protection. Boulder Ventures is co-investing in this venture. Symmera's Distributed Intelligent Network (DIN) Orchestration Platform offers a scalable, secure, and vendor-agnostic solution for device fleet management, built on a zero-trust architecture.
The platform aims to address the increasing complexity and cost of managing device lifecycles and security while enabling trusted data streams for AI, machine learning, and advanced analytics. Symmera's technology aligns with Emerson's initiatives in lifecycle management of devices and secure field communications, offering a unique 'one-pane-of-glass' approach for fleet management security.
Emerson (NYSE: EMR) has announced the completion of the sale of its remaining 40% common equity ownership stake in the Copeland joint venture to private equity funds managed by Blackstone. This transaction marks Emerson's full exit from the Copeland business, which is now positioned as a standalone company focused on serving the global HVAC and refrigeration market.
Copeland's product portfolio includes market-leading compressors, controls, thermostats, valves, software, and monitoring solutions for residential, commercial, and industrial customers. This divestiture aligns with Emerson's strategy to streamline its operations and focus on core business areas.
Emerson (NYSE: EMR) reported strong Q3 2024 results, with net sales up 11% to $4,380 million and underlying sales growth of 3%. The company's adjusted earnings per share increased 11% to $1.43, while operating cash flow rose 27% to $1,067 million. Emerson updated its fiscal 2024 outlook, projecting net sales growth of ~15% and adjusted EPS of $5.45 - $5.50.
The company also announced progress on its portfolio simplification, including a definitive agreement to exit the Copeland business. Emerson completed the sale of the Copeland Note Receivable for $1.9 billion and expects to close the sale of its 40% equity stake for $1.5 billion by August end. The total after-tax proceeds of $2.9 billion will be used to pay down debt.
Emerson (NYSE: EMR) has unveiled its Ovation™ 4.0 Automation Platform with integrated generative artificial intelligence (GenAI) for the power and water industries. This transformative technology aims to enhance data-driven decision-making, improve operational efficiencies, and drive more predictive and reliable performance. The platform will augment workforce expertise, provide predictive guidance, and recommend appropriate actions to increase reliability and optimize operations.
Key features of the Ovation 4.0 Automation Platform include:
- AI assistants for workforce empowerment
- Support for remote operations
- Predictive maintenance capabilities
- Grid optimization
- Enhanced cybersecurity
Initially released on Microsoft Azure's OpenAI service, Emerson's Ovation GenAI will also be available on other large language models, focusing on secure and proprietary data sets.