OMRON Co. (OTCMKTS:OMRNY) – Equities researchers at Jefferies Financial Group issued their Q3 2021 earnings estimates for OMRON in a research report issued to clients and investors on Tuesday, January 12th. Jefferies Financial Group analyst M. Nakanomyo expects that the company will post earnings per share of $0.38 for the quarter. Jefferies Financial Group also issued estimates for OMRON’s Q4 2021 earnings at $0.49 EPS, FY2022 earnings at $2.47 EPS and FY2023 earnings at $2.64 EPS.
Other equities research analysts have also recently issued research reports about the company. Zacks Investment Research upgraded OMRON from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Friday, October 30th. The Goldman Sachs Group initiated coverage on shares of OMRON in a research report on Monday, January 4th. They set a “neutral” rating for the company.
An institutional investor recently raised its position in OMRON stock. Fisher Asset Management LLC boosted its holdings in shares of OMRON Co. (OTCMKTS:OMRNY) by 3.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,387,827 shares of the company’s stock after buying an additional 43,095 shares during the quarter. Fisher Asset Management LLC owned approximately 0.67% of OMRON worth $107,575,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.89% of the company’s stock.
OMRON Company Profile
OMRON Corporation engages in industrial automation, electronic and mechanical components, social systems, and healthcare businesses worldwide. The company's Industrial Automation Business offers sensors, switches, safety and control components, relays, automation systems, motion/drives, robotics, energy conservation support/environment measure equipment, and power supplies.
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