Emerson Electric Co. is an American multinational corporation that manufactures products and provides engineering services for industrial, commercial, and consumer markets all around the world. The company’s core products are electrical and electronic products used to control gasses, liquids and electricity. Learn the latest information and analysis on the company, EMR stock price today, history, stock news, how much one share costs and other information to help you make investment decisions. Check Gainy app to see how much the price has changed recently as well as insights on stock prices and more.
Emerson is a heavily diversified company established in 1890 in St. Louis, Missouri. The company’s first product was electric motors, and in 1892 Emerson became the first company to sell electric fans in the US. The company pursues an aggressive acquisition strategy and is focused on building a global business with dozens of subsidiaries and over 250 manufacturing locations. Foreign operations account for over half of the company’s sales. Emerson has been optimizing its portfolio in recent years, moving away from the energy sector and into industries such as software and Internet of Things.
The Emerson Electric stock price of around $90 may be a good entry point for investors, with price targets between $100 and $130 within the next year, as the stock is estimated to be trading around 25% below its fair value.
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