|
|
Type
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Public |
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Traded as |
|
Industry | Electrical equipment |
Predecessor | Emerson Electric Manufacturing Co. |
Founded | 1890 (1890) |
Founder | John W. Emerson |
Headquarters | Ferguson, Missouri, U.S. |
Area served
|
Worldwide |
Key people
|
David N. Farr (Chairman & CEO) |
Products | Process control systems Climate technologies Power technologies Industrial automation Electric motors Storage systems Network power Professional tools |
Revenue | $22.304 billion (2015) |
Net income
|
$2.710 billion (2015) |
Total assets | $22.088 billion (2015) |
Total equity | $8.128 billion (2015) |
Number of employees
|
111,000 (2015) |
Divisions | List of business platforms |
Website | Emerson.com |
The Emerson Electric Company (NYSE: EMR) is an American multinational corporation headquartered in Ferguson, Missouri, United States. This Fortune 500 company manufactures products and provides engineering services for a wide range of industrial, commercial, and consumer markets. Emerson has approximately 103,500 employees and 205 manufacturing locations worldwide.
Emerson was established in 1890 in St. Louis, Missouri as Emerson Electric Manufacturing Co. by Civil War Union veteran John Wesley Emerson to manufacture electric motors using a patent owned by the Scottish-born brothers Charles and Alexander Meston. In 1892, it became the first to sell electric fans in the United States. It quickly expanded its product line to include electric sewing machines, electric dental drills, and power tools.
During World War II, under the leadership of Stuart Symington, Emerson became the world's largest manufacturer of airplane armament. Emerson ranked 52nd among United States corporations in the value of World War II military production contracts. Symington went on to become the first United States Secretary of the Air Force from 1947-1950, a Democratic U.S. Senator from Missouri from 1953-1976, and a candidate for the Presidency of the United States in 1960.
In 1954, W.R. "Buck" Persons was named company president. Under his leadership, Emerson diversified its business portfolio by acquiring 36 companies. When he retired in 1973, the company had 82 plants, 31,000 employees and $800 million in sales.
In 1962, acquired United States Electrical Manufacturing Company as the U.S. Electrical Motors Division, including the brand U.S. MOTORS®.
Charles F. Knight served as CEO from 1973 to 2000, and was chairman from 1974 to 2004. His tenure was marked by development of a rigorous planning process, new product and technology development, acquisitions and joint ventures, and international growth.
David Farr has served as CEO since 2000 and as chairman since 2004.
On December 15, 1999, Emerson Electric Co, moving to boost its growth prospects, agreed to acquire Jordan Industries Inc's telecommunications equipment business for $440 million.
In 2010, U.S. MOTORS® brand sold to Nidec Motor Corporation.
On July 26, 2011, Emerson announced it would locate its Latin America headquarters in Sunrise, Florida.
On December 1, 2016, Platinum Equity acquired Emerson Network Power business unit and rebranded it Vertiv. The acquisition included the brands: Asco, Chloride, Liebert, Netsure, and Trellis.
The company's leaders since the mid-20th century have been, respectively, W. R. Persons (1954-1973; President), Charles Knight (1973-2000, CEO), and David Farr (2000 forward, CEO).
The company's chairmen of the board have been, respectively, Charles Knight (1974-2004) and David Farr (2004 forward).
As of 2014, the role of chief marketing officer was held by Kathy Button Bell.
Emerson is structured into 2 business platforms:
Researchers at the University of Massachusetts (MA) Amherst have identified Emerson as the 97th largest corporate producer of air pollution in the United States, down from its previous rank of 56th. Major pollutants indicated by the study include nickel compounds, manganese, diisocyanate, and lead.
On December 22, 2014 Emerson announced the acquisition of Scotland-based Cascade Technologies Ltd., expanding their gas-analysis portfolio with laser-based measurement analyzers and systems for enhanced industrial emissions monitoring, production efficiencies and regulatory compliance. Other main Emerson acquisitions and brands include:
On October 2, 2006, Emerson filed suit in federal court against NBC regarding a scene that appeared in the pilot episode of the network's TV series Heroes. The scene depicted Claire Bennet reaching into an active garbage disposal, severely injuring her hand. Emerson's suit claims the scene "casts the disposer in an unsavory light, irreparably tarnishing the product" by suggesting that serious injuries will result "in the event consumers were to accidentally insert their hand into one."
Emerson asked for a ruling barring future broadcasts of the pilot and to block NBC from using any Emerson trademarks in the future.
On February 23, 2007, the case was dropped. NBC Universal and Emerson Electric settled the lawsuit outside of court.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q1 2023 | 2023-02-08 | Future report Set alerts | |
Q4 2022 | 2022-10-31 | 1.53 | 1.53 |
Q3 2022 | 2022-08-09 | 1.38 | 1.38 |
Q2 2022 | 2022-05-04 | 1.29 | 1.29 |
Q1 2022 | 2022-02-02 | 1.05 | 1.05 |
Q4 2021 | 2021-11-03 | 1.21 | 1.21 |
Q3 2021 | 2021-08-04 | 1.09 | 1.09 |
Q2 2021 | 2021-05-05 | 0.97 | 0.97 |
Q1 2021 | 2021-02-02 | 0.83 | 0.83 |
Q4 2020 | 2020-11-03 | 1.10 | 1.10 |
2016-07-10 | Reiterated Rating | Credit Suisse Group AG | Buy | |
2016-06-27 | Reiterated Rating | Sanford C. Bernstein | Market Perform | |
2016-06-27 | Reiterated Rating | Robert W. Baird | Neutral | $58.00 |
2016-06-22 | Reiterated Rating | Bank of America | Sell | |
2016-06-22 | Reiterated Rating | Oppenheimer | Hold | |
2016-06-22 | Reiterated Rating | Bank of America Corp. | Sell | |
2016-06-22 | Reiterated Rating | Oppenheimer Holdings Inc. | Hold | |
2016-05-11 | Upgrade | Argus | Hold to Buy | $61.00 |
2016-05-09 | Boost Price Target | Deutsche Bank | Hold | $44.00 to $55.00 |
2016-05-09 | Boost Price Target | Deutsche Bank AG | Hold | $44.00 to $55.00 |
2016-05-05 | Reiterated Rating | Credit Suisse | Buy | |
2016-05-05 | Reiterated Rating | Credit Suisse Group AG | Buy | |
2016-05-04 | Downgrade | Vertical Research | Hold to Sell | |
2016-05-04 | Boost Price Target | RBC Capital | Sector Perform | $47.00 to $50.00 |
2016-05-04 | Lower Price Target | Stifel Nicolaus | Buy | $61.00 to $60.00 |
2016-05-04 | Boost Price Target | Royal Bank Of Canada | Sector Perform | $47.00 to $50.00 |
2016-04-19 | Reiterated Rating | Citigroup Inc. | Sell | $41.00 to $49.00 |
2016-04-18 | Boost Price Target | Barclays | Equal Weight | $47.00 to $54.00 |
2016-04-18 | Boost Price Target | Barclays PLC | Equal Weight | $47.00 to $54.00 |
2016-04-07 | Boost Price Target | Morgan Stanley | $48.00 to $50.00 | |
2016-03-14 | Boost Price Target | Credit Suisse | Outperform | $54.00 to $55.00 |
2016-02-29 | Downgrade | Standpoint Research | Buy to Hold | |
2016-02-13 | Reiterated Rating | Deutsche Bank | Hold | |
2016-02-09 | Reiterated Rating | Oppenheimer | Market Perform | |
2016-02-03 | Lower Price Target | Robert W. Baird | Neutral | $55.00 to $49.00 |
2016-02-03 | Boost Price Target | Stifel Nicolaus | Buy | $50.00 to $51.00 |
2016-02-03 | Lower Price Target | Societe Generale | Hold | $52.00 to $49.00 |
2016-02-03 | Lower Price Target | Credit Suisse | Outperform | $54.00 to $53.00 |
2016-02-03 | Reiterated Rating | William Blair | Market Perform | $50.00 |
2016-02-03 | Reiterated Rating | Canaccord Genuity | Hold | $48.00 |
2016-01-21 | Initiated Coverage | Citigroup Inc. | Sell | $41.00 |
2016-01-20 | Upgrade | Standpoint Research | Hold to Buy | |
2016-01-19 | Boost Price Target | Barclays | Equal Weight | $46.00 to $47.00 |
2016-01-12 | Reiterated Rating | Nomura | Buy | $60.00 |
2016-01-12 | Reiterated Rating | Nomura Holdings Inc. | Buy | $60.00 |
2015-12-14 | Lower Price Target | Credit Suisse | Outperform | $55.00 to $54.00 |
2015-11-10 | Lower Price Target | Deutsche Bank | Hold | $46.00 to $44.00 |
2015-11-05 | Downgrade | Societe Generale | Buy to Hold | $56.00 to $52.00 |
2015-11-04 | Boost Price Target | Stifel Nicolaus | Buy | $51.00 to $56.00 |
2015-11-04 | Reiterated Rating | Canaccord Genuity | Hold | $52.00 |
2015-11-04 | Lower Price Target | RBC Capital | Sector Perform | $49.00 to $47.00 |
2015-10-07 | Lower Price Target | Nomura | Buy | $63.00 to $59.00 |
2015-10-07 | Lower Price Target | Morgan Stanley | $55.00 to $50.00 | |
2015-10-05 | Lower Price Target | Barclays | Equal Weight | $53.00 to $46.00 |
2015-09-23 | Lower Price Target | Societe Generale | Buy | $61.00 to $56.00 |
2015-09-21 | Lower Price Target | RBC Capital | $50.00 to $49.00 | |
2015-09-18 | Lower Price Target | Credit Suisse | Outperform | $57.00 to $55.00 |
2015-09-08 | Initiated Coverage | Sterne Agee CRT | Neutral | $44.00 |
2015-09-03 | Downgrade | Goldman Sachs | Neutral to Sell | $49.00 to $42.00 |
2015-09-03 | Downgrade | Goldman Sachs Group Inc. | Neutral to Sell | $49.00 to $42.00 |
2015-08-31 | Reiterated Rating | Oppenheimer | Hold | |
2015-08-26 | Upgrade | Vertical Research | Hold to Buy | |
2015-08-25 | Reiterated Rating | Deutsche Bank | Hold | $53.00 |
2015-08-06 | Downgrade | Argus | Buy to Hold | |
2015-08-05 | Reiterated Rating | Cowen and Company | Market Perform | $59.00 to $52.00 |
2015-08-05 | Lower Price Target | Barclays | Equal Weight | $54.00 to $53.00 |
2015-08-05 | Reiterated Rating | Canaccord Genuity | Hold | $62.00 to $52.00 |
2015-08-05 | Lower Price Target | Stifel Nicolaus | Buy | $60.00 to $57.00 |
2015-08-05 | Lower Price Target | RBC Capital | Sector Perform | $57.00 to $50.00 |
2015-07-13 | Lower Price Target | Barclays | Equal Weight | $55.00 to $54.00 |
2015-06-26 | Lower Price Target | Morgan Stanley | Equal Weight | $59.00 |
2015-06-26 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $55.00 to $54.00 |
2015-06-23 | Boost Price Target | Robert W. Baird | Neutral | $58.00 to $59.00 |
2015-06-01 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $56.00 to $55.00 |
2015-05-22 | Boost Price Target | Stifel Nicolaus | Buy | $63.00 to $66.00 |
2015-05-12 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $58.00 to $56.00 |
2015-05-09 | Reiterated Rating | Societe Generale | Buy | $71.00 to $68.00 |
2015-05-06 | Lower Price Target | RBC Capital | Sector Perform | $58.00 to $56.00 |
2015-05-06 | Lower Price Target | Barclays | Equal Weight | $61.00 to $55.00 |
2015-05-06 | Lower Price Target | Canaccord Genuity | Hold | $65.00 to $62.00 |
2015-04-27 | Lower Price Target | RBC Capital | Sector Perform | $60.00 to $58.00 |
2015-04-27 | Lower Price Target | Barclays | Equal Weight | $63.00 to $61.00 |
2015-03-17 | Lower Price Target | Barclays | Equal Weight | $66.00 to $63.00 |
2015-02-20 | Reiterated Rating | Canaccord Genuity | Hold | $65.00 |
2015-02-20 | Boost Price Target | Stifel Nicolaus | Buy | $64.00 to $66.00 |
2015-02-10 | Lower Price Target | Argus | Buy | $75.00 to $70.00 |
2015-02-09 | Downgrade | Atlantic Securities | Overweight to Neutral | $74.00 to $59.00 |
2015-02-09 | Downgrade | Oppenheimer | Outperform to Market Perform | |
2015-02-06 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $62.00 to $58.00 |
2015-02-04 | Lower Price Target | Bank of America | $56.00 | |
2015-01-30 | Reiterated Rating | Canaccord Genuity | Hold | $65.00 |
2015-01-29 | Lower Price Target | Nomura | Buy | $74.00 to $67.00 |
2015-01-22 | Downgrade | Robert W. Baird | Outperform to Neutral | $74.00 to $65.00 |
2015-01-22 | Downgrade | Bank of America | Neutral to Underperform | $66.00 to $62.00 |
2015-01-21 | Reiterated Rating | Stifel Nicolaus | Buy | $77.00 to $69.00 |
2015-01-15 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $67.00 to $62.00 |
2015-01-12 | Lower Price Target | Barclays | Equal Weight | $67.00 to $66.00 |
2014-12-17 | Downgrade | Credit Agricole | Outperform to Underperform | |
2014-12-17 | Downgrade | Credit Agricole SA | Outperform to Underperform | |
2014-12-12 | Downgrade | Deutsche Bank | Buy to Hold | $68.00 |
2014-12-05 | Lower Price Target | Bank of America | Neutral | $68.00 to $66.00 |
2014-11-24 | Initiated Coverage | RBC Capital | Sector Perform | $69.00 |
2014-11-05 | Reiterated | Stifel | Buy | $74 to $77 |
2014-11-05 | Reiterated Rating | Nomura | Buy | $76.00 to $74.00 |
2014-11-05 | Boost Price Target | Stifel Nicolaus | Buy | $74.00 to $77.00 |
2014-10-29 | Downgrade | Wells Fargo & Co. | Outperform to Market Perform | |
2014-10-29 | Downgrade | Wells Fargo | Outperform to Market Perform | |
2014-09-16 | Initiated Coverage | Stifel Nicolaus | Buy | $81.00 |
2014-09-12 | Boost Price Target | JPMorgan Chase & Co. | $69.00 to $73.00 | |
2014-09-09 | Initiated Coverage | Societe Generale | Buy | |
2014-09-05 | Initiated Coverage | Buckingham Research | Neutral | $67.00 |
2014-08-08 | Lower Price Target | JPMorgan Chase & Co. | $72.00 to $69.00 | |
2014-08-06 | Reiterated Rating | Nomura | Buy | $84.00 to $76.00 |
2014-08-06 | Lower Price Target | Morgan Stanley | $69.00 to $68.00 | |
2014-08-06 | Lower Price Target | Oppenheimer | Outperform | $77.00 to $70.00 |
2014-07-11 | Upgrade | Argus | Hold to Buy | $75.00 |
2014-05-07 | Reiterated Rating | Morgan Stanley | Equal Weight | $68.00 to $69.00 |
2014-04-11 | Boost Price Target | Robert W. Baird | Outperform | $75.00 to $79.00 |
2014-03-21 | Upgrade | Oppenheimer | Market Perform to Outperform | $77.00 |
2014-02-18 | Boost Price Target | FBR & Co. | Market Perform | $60.00 to $65.00 |
2013-11-20 | Reiterated Rating | Credit Suisse | Buy | $73.00 |
2013-11-20 | Boost Price Target | Sanford C. Bernstein | Market Perform | $68.00 to $71.00 |
2013-11-07 | Boost Price Target | MKM Partners | Neutral | $60.00 to $71.00 |
2013-11-06 | Boost Price Target | Credit Suisse | Outperform | $68.00 to $73.00 |
2013-11-06 | Boost Price Target | Barclays | Equal Weight | $60.00 to $65.00 |
2013-10-07 | Boost Price Target | Barclays | Equal Weight | $56.00 to $60.00 |
2013-02-07 | Reiterated | MKM Partners | Neutral | $52 to $56 |
2012-05-02 | Reiterated | FBR Capital | Mkt Perform | $54 to $51 |
2012-03-15 | Reiterated | Oppenheimer | Outperform | $58 to $61 |
2011-09-28 | Initiated | MKM Partners | Neutral | $47 |
2011-08-30 | Downgrade | Argus | Buy to Hold | |
2011-05-04 | Reiterated | Oppenheimer | Outperform | $74 to $71 |
2011-04-27 | Upgrade | Oppenheimer | Perform to Outperform | $65 to $74 |
2016-07-10 | Reiterated Rating | Credit Suisse Group AG | Buy | |
2016-06-27 | Reiterated Rating | Sanford C. Bernstein | Market Perform | |
2016-06-27 | Reiterated Rating | Robert W. Baird | Neutral | $58.00 |
2016-06-22 | Reiterated Rating | Bank of America | Sell | |
2016-06-22 | Reiterated Rating | Oppenheimer | Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In EMR 1088 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Vanguard Group, Inc | 55.08M |
BlackRock Inc. | 38.37M |
STATE STREET CORP | 25.67M |
BlackRock Institutional Trust Company, N.A. | 16.96M |
BANK OF AMERICA CORP /DE/ | 15.81M |
BlackRock Fund Advisors | 12.54M |
WELLS FARGO & CO/MN | 10.65M |
GEODE CAPITAL MANAGEMENT, LLC | 10.28M |
MORGAN STANLEY | 9.21M |
Capital World Investors | 8.75M |
AMERICAN CENTURY COMPANIES INC | 7.95M |
NORTHERN TRUST CORP | 7.93M |
Invesco Ltd. | 7.12M |
FMR LLC | 5.80M |
BlackRock Group LTD | 5.19M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
FARR DAVID N Chairman of Board & CEO | 0.26% (1837991) | EMR / IBM / |
PETERS CHARLES A Sr. Exec. VP | 0.11% (787790) | EMR / |
GALVIN WALTER J Vice Chairman | 0.05% (331456) | AEE / AEGN / EMR / |
BUSCH AUGUST A III | 0.04% (251731) | EMR / |
MONSER EDWARD L President & COO | 0.03% (217810) | APD / EMR / |
DELLAQUILA FRANK J Sr. VP & CFO | 0.03% (186643) | DLPH / EMR / |
ASHMORE CRAIG W Exec. VP - Planning & Develop. | 0.03% (183259) | EMR / |
Purvis Edgar M Jr Exec. Vice President and COO | 0.02% (158984) | EMR / HSC / |
STEEVES FRANK L Exec. VP, Secy & Gen. Counsel | 0.02% (151888) | EMR / |
Train Michael H. Exec. Pres. Auto. Sols. | 0.02% (144491) | EMR / |
Bulanda Mark J VP-Acquisitions & Development | 0.02% (115847) | EMR / |
Sharp Robert T Exec. Pres. Comm & Res. Sols. | 0.01% (95823) | EMR / |
SCHLUETER RICHARD J VP, Contr. & Chief Acc. Off. | 0.01% (84946) | EMR / |
Pelch Steve J. VP - Organizational Planning | 0.01% (80617) | EMR / |
GOLDEN ARTHUR F | 0.01% (69147) | EMR / |
Fernandez Gonzalez Carlos | 0.01% (67427) | EMR / |
Bosco Sara Yang Sr. VP, Secy and Gen. Counsel | 0.01% (43914) | EMR / |
STEPHENSON RANDALL L | 0.01% (40449) | BA / EMR / T / |
PRUEHER JOSEPH W | 0.01% (39033) | AHH / EMR / FLR / |
Button Bell Katherine Sr. VP & Chief Marketing Off. | 0.01% (36839) | EMR / |
RIDGWAY ROZANNE L | 0.01% (35647) | EMR / |