Emerson Electric stock gets Logtek automation contract

Published on 10/06/2026 at 17:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Emerson Electric stock was trading at USD 163.71 on NYSE on October 6, 2026, up 0.85 percent. Q3 revenue reached USD 4.873 billion and adjusted EPS USD 1.71.

Aquarell der St.-Louis-Skyline mit Gateway Arch bei Sonnenuntergang über dem Mississippi — Emerson Electric Heimatstadt St. Louis US2910111044 als leuchtende Aquarellmalerei mit Gateway Arch Skyline, Illustration mit AI erstellt.

Emerson Electric stock (ISIN US2910111044) was trading at USD 163.71 on the NYSE on October 6, 2026 at 11:26 a.m. ET, up 0.85 percent from the prior close. The company also announced that Logtek selected its AspenTech Geolog software for automated subsurface workflows, according to MarketScreener on October 6, 2026.

Software expands the contract story

Logtek, a Norway-based subsurface data company, chose AspenTech Geolog after a technical evaluation to replace a legacy third-party system. Emerson said the software will support faster petrophysics analysis, improved data management and more automated workflows for upstream customers.

The announcement gives Emerson a concrete software win in energy services rather than a broad technology claim. Logtek serves operators on the Norwegian Continental Shelf, while Emerson is positioning AspenTech Geolog around interoperability with the OSDU Data Platform, according to MarketScreener.

Q3 revenue reached USD 4.873 billion

Emerson's third quarter of fiscal 2026, ended June 30, 2026, produced revenue of USD 4.873 billion, up 7 percent from USD 4.553 billion a year earlier. Adjusted EPS rose 13 percent to USD 1.71 from USD 1.52, while adjusted segment EBITA margin expanded to 28.5 percent from 27.1 percent, according to TickerScout in its summary of Emerson's fiscal 2026 filings.

The quarter also included USD 1.323 billion of free cash flow, up 36 percent year over year. The quality question is cash conversion: a tariff refund contributed to reported performance, and the timing of additional refunds remained uncertain in the filing summary from TickerScout.

Analysts see further upside

The consensus on Investing.com is Buy, based on 28 analysts, with 20 Buy ratings, 8 Holds and 2 Sells. The average 12-month target is USD 173.68, with a high of USD 205 and a low of USD 104; the average target lies 6.1 percent above the October 6 price, according to Investing.com on October 1, 2026.

The next earnings date is listed as November 4, 2026 by InvestPane. That event will test whether the software-led order momentum and the fiscal 2026 adjusted EPS framework of USD 6.55 remain intact.

Emerson Electric stock stays near its yearly high

Emerson Electric stock was last at USD 163.71 on the NYSE on October 6, 2026 at 11:26 a.m. ET. Its 52-week range was USD 122.64 to USD 166.35, placing the price 1.6 percent below the high.