Emerson Electric Co. NYSE: EMR osprzęt elektryczny, automatyka przemysłowa

[slayer74]

wykres
https://finance.yahoo.com/chart/emr?ltr=1
https://stockcharts.com/h-sc/ui?s=emr

Emerson Electric Co. NYSE: EMR

https://en.wikipedia.org/wiki/Emerson_Electric
http://www.emerson.com/en-us
dywidendy
https://finviz.com/quote.ashx?t=EMR
https://seekingalpha.com/symbol/EMR/dividends/scorecard
https://www.nasdaq.com/symbol/emr/dividend-history

[slayer74]

Emerson Electric Gives Up Effort to Buy Rockwell Automation
http://247wallst.com/industrials/2017/1 ... utomation/

[slayer74]

Dividend Stock Analysis: Emerson Electric
Summary
Emerson Electric is a Dividend Aristocrat and increased its dividend for 61 consecutive years.

Despite the company's history of increasing its annual dividend, Emerson has a low 5-year average dividend growth rate (3.26%).

Emerson's P/E Ratio does not indicate that the company is currently undervalued compared to the broader market.
https://seekingalpha.com/article/422845 ... ngcom_feed

[slayer74]

Shares of Emerson Electric (NYSE:EMR) are up 1.3% in mid-day trading Wednesday following reports overnight from Bloomberg News that the company is in talks with private equity firm Blackstone (NYSE:BX) to sell at least a part of its commercial and residential solutions business for between $5-$10 billion.

If a deal happens, it would be just the latest in a string of reshuffling moves by Emerson. In August, Emerson announced it would sell its garbage-disposal unit, InSinkErator, to Whirlpool (NYSE:WHR) for $3.0 billion. In the fall of 2021, Emerson announced it would merge its software units with Aspen Technology (NASDAQ:AZPN) in a deal valued at about $11 billion.

Stephens analysts view the latest possible deal news as positive and expect the stock to perform well through earnings and into November's Investor Conference as sentiment improves.

"We reiterate OW and expect EMR to perform well today, through earnings and into November's Investor Conference, where sentiment should be buoyed with each step toward shaping a better-connected portfolio of higher-technology, higher-growth businesses," they commented.

Given the various potential outcomes from a commercial and residential solutions business, the analysts are reserving judgment on implications for earnings and valuation. That said, they reiterated their views that most of the assets in the segment "would fetch a multiple well above EMR's current average."

They added that thematically they would be supportive of Emerson divesting the remainder of the Tools & Home platform, which with the pending InSinkErator deal, would leave the company with "leading, cohesive Automation and Climate segments and attractive sum-of-the-parts optionality." The analysts maintained a $120 price target on the stock.

[slayer74]

(Reuters) -Emerson Electric Co will sell a majority stake in its climate technologies unit to Blackstone (NYSE:BX) Inc in a deal that values it at $14 billion, the latest revamp by the U.S. industrial firm as it focuses on the booming automation market.

The company said on Monday it will receive an upfront payment of about $9.5 billion, which it will use to scoop up more companies, especially in the automation segment.

Emerson (NYSE:EMR)'s shares rose about 3.8% before the bell as the company also beat fourth-quarter earnings and revenue.

The company is accelerating its software strategy to capture the increasing shift among businesses to automate their operations as they struggle with a shortage of factory workers.

It sold its unit that makes waste disposal equipment and hot water dispensers to Whirlpool Corp (NYSE:WHR) and merged its software units with smaller rival Aspen Technology (NASDAQ:AZPN).

Emerson, which will retain about 45% stake in the climate tech unit, said Blackstone and co-investors Abu Dhabi Investment Authority and GIC, would contribute $4.4 billion in equity toward the deal, which would be supplemented by $5.5 billion of debt financing.

The deal, expected to close in the first half of 2023, is the latest in a flurry of private equity transaction this year as valuations tumble amid a selloff in equities on recession worries.

The Climate Technologies business, which will be structured as a joint venture, generated net sales of $5 billion in fiscal 2022. The unit includes its Copeland compressor business and products and services across residential and commercial heating and cooling.

"The business is poised for accelerated growth as it leads the way in helping consumers and businesses shift to more energy-efficient heating and cooling products as part of their carbon reduction efforts," global head of Blackstone Private Equity Joe Baratta said.

[slayer74]

Emerson Electric unveils hostile $7 billion bid for National Instruments

https://www.investing.com/news/stock-ma ... es-2981725

[slayer74]

(Reuters) -Industrial conglomerate Emerson (NYSE:EMR) Electric is in advanced talks to acquire National Instruments (NASDAQ:NATI) Corp in a deal that could value the measurement equipment maker at about $8 billion, people familiar with the matter said on Tuesday.

Emerson prevailed over other companies that participated in the sale process, including Fortive (NYSE:FTV) Corp and Keysight Technologies (NYSE:KEYS) Inc, with an offer of about $60 per share for National Instruments, the sources said.

The deal could be announced as soon as this week, the sources said, cautioning that the talks could fall apart at the eleventh hour. The sources requested anonymity as these discussions are confidential.

Spokespeople for National Instruments, Emerson, Fortive and Keysight did not immediately respond to requests for comment.

National Instruments launched a formal sale process in January after Emerson threatened to challenge its board if it did not engage in deal negotiations. Emerson dropped its hostile bid once the auction for National Instruments got underway.

Reuters first reported in March that Emerson, Fortive and Keysight were through to the final round of bidding for National Instruments, after breaking news of Emerson's interest in January.

Austin, Texas-based National Instruments specializes in the production of automated testing and measurement tools for the semiconductor, transportation, aerospace and defense industries.

Emerson has been involved in a string of deals over the last few years to reshape itself into a provider of industrial automation products and services. Last year, it sold a majority stake in its climate technologies unit to Blackstone (NYSE:BX) Inc in a deal that valued the business at $14 billion.