EMR - Emerson Electric: Company Restructuring Has Proven Successful
2024-04-16 04:02:53 ET
Summary
- Emerson Electric has successfully restructured its business model and consistently beaten profit forecasts in recent quarters.
- Emerson's dividend growth rate could increase significantly in the future.
- Emerson's growth prospects lie in industries such as LNG, nuclear, life sciences, and mining, where it offers products and services to meet the demand for cleaner energy and climate change mitigation.
In June 2023 , I published my article about Emerson Electric ( EMR ) which was in the restructuring phase at that time. The acquisition of new subsidiaries has largely been completed to date, as confirmed by Emerson's management.
Among the most important changes, it should be mentioned that last October, Emerson completed the acquisition of National Instruments in an 8.2 billion dollar transaction. I think that investors' hesitation about Emerson a year ago is gone today....
Emerson Electric: Company Restructuring Has Proven Successful