Streetbeat News

SBGSF

Schneider Electric SE

https://www.schneider-electric.com/fr/fr/

CEO

Jean-Pascal Tricoire

Industry

Current-Carrying Wiring Device Manufacturing

Open

251.65

Mkt cap

141B

Volume

385

High

251.65

P/E Ratio

33.24

52-wk high

279.40

Low

249.00

Div yield

0.01

52-wk low

187.85

Schneider Electric receives a 'Strong Buy' rating due to its potential growth from electrification and digitalization trends. The company is expected to benefit from energy management and industrial automation, with a target price of EUR 280/USD 294.

Portfolio Pulse from

December 18, 2024 | 9:15 pm

Schneider Electric has been named the Official Sustainability Partner for the Boston Marathon and all Boston Athletic Association events, enhancing its commitment to sustainability.

Portfolio Pulse from

December 12, 2024 | 2:45 pm

Johannes Huth, a key figure at KKR & Co. Inc. (NYSE:KKR) known for leading significant European deals, is retiring after 25 years. He will continue in a senior advisory role and serve on various boards. KKR shares are trading lower by 0.64%.

Portfolio Pulse from Nabaparna Bhattacharya

June 25, 2024 | 5:33 pm

Last week saw significant gains for seven large-cap stocks, with United Airlines leading at a 21.79% surge after surpassing Q1 earnings expectations. UnitedHealth, Genuine Parts, Bentley Systems, Elevance Health, Progressive Corp, and Morgan Stanley also reported strong performances due to various positive financial results and strategic moves.

Portfolio Pulse from Lekha Gupta

April 21, 2024 | 10:14 pm

Schneider Electric SE is in preliminary discussions to potentially acquire Bentley Systems Inc, with the deal possibly exceeding $15 billion. Bentley Systems, known for its engineering software, confirmed Schneider Electric's public statement about the merger talks. The merger could see Schneider's software business combine with Bentley, making it a significantly larger publicly traded entity. Schneider Electric aims to enhance its industrial software portfolio to compete with Siemens AG and Rockwell Automation Inc.

Portfolio Pulse from Shivani Kumaresan

April 19, 2024 | 12:44 pm

Bentley Systems has chosen not to comment on market speculation regarding potential strategic transaction discussions with Schneider Electric, who confirmed their ongoing talks as part of their One Software strategy.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:35 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.