Emerson Electric Co’s recently made public that its Director BLINN MARK A unloaded Company’s shares for reported $2505.0 on Feb 12 ’25. In the deal valued at $125.24 per share,20 shares were sold. As a result of this transaction, BLINN MARK A now holds 9,180 shares worth roughly $1.04 million.
Then, LEVATICH MATTHEW S sold 1,867 shares, generating $233,472 in total proceeds. Upon selling the shares at $125.05, the Director now owns 24,574 shares.
Before that, BLINN MARK A sold 1,867 shares. Emerson Electric Co shares valued at $234,701 were divested by the Director at a price of $125.71 per share. As a result of the transaction, BLINN MARK A now holds 9,200 shares, worth roughly $1.05 million.
A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in early March from “an Equal weight” to “an Underweight”. Daiwa Securities began covering EMR with “an Outperform” recommendation on January 28, 2025. Jefferies started covering the stock on December 12, 2024. It rated EMR as “a Buy”.
Price Performance Review of EMR
On Monday, Emerson Electric Co [NYSE:EMR] saw its stock jump 1.48% to $113.59. Over the last five days, the stock has gained 1.57%. Emerson Electric Co shares have fallen nearly -8.34% since the year began. Nevertheless, the stocks have risen 2.94% over the past one year. While a 52-week high of $134.85 was reached on 01/23/25, a 52-week low of $96.62 was recorded on 03/13/25. SMA at 50 days reached $122.20, while 200 days put it at $115.72.
Levels Of Support And Resistance For EMR Stock
The 24-hour chart illustrates a support level at 111.89, which if violated will result in even more drops to 110.20. On the upside, there is a resistance level at 114.80. A further resistance level may holdings at 116.02. The Relative Strength Index (RSI) on the 14-day chart is 40.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.78%. Stochastics %K at 20.16% indicates the stock is a holding.
How much short interest is there in Emerson Electric Co?
A steep rise in short interest was recorded in Emerson Electric Co stocks on 2025-02-28, growing by 0.38 million shares to a total of 12.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 12.59 million shares. There was a rise of 2.91%, which implies that there is a positive sentiment for the stock.
