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Emerson Electric Shares Surge 2.88% on Strong Earnings and Guidance Hike Despite $400M Volume Ranking 349th
Emerson Electric (EMR) shares rose by 2.88% after the company reported strong Q1 2026 earnings, surpassing EPS estimates and matching revenue projections. The company also raised its full-year guidance, forecasting increased EPS and annual sales growth, driven by strategic initiatives and alignment with secular tailwinds like electrification and energy security. Investor confidence was further boosted by a $250 million share repurchase program, a $10 billion shareholder return target by 2028, and upward adjustments to price targets by analysts.