
Electrical Equipment & Multi-Industry
3M Co
MMM
ALLE Allegion plc
AME AMETEK Inc
AIT Applied Industrial Technologies Inc
CARR Carrier Global Corp
DOV Dover Corp
ETN Eaton Corp PLC
EMR Emerson Electric Co
FLS Flowserve Corp
FTV Fortive Corp
HON Honeywell International Inc
HUBB Hubbell Inc
IEX IDEX Corp
JCI Johnson Controls International plc
LII Lennox International Inc
PH Parker-Hannifin Corp
PNR Pentair PLC
ROK Rockwell Automation Inc
ROP Roper Technologies Inc
SWK Stanley Black & Decker Inc
TT Trane Technologies PLC
VRT Vertiv Holdings Co
WSO Watsco Inc
XYL Xylem Inc/NY
ZWS Zurn Water Solutions Corporation
Differentiated Product
The three-person Industrials team (incl. MBA & CFA) is known for their differentiated thematic work, deep corporate relationships and breadth of industry stock coverage entailing 25 currently & 65+ over sell-side tenure across EE/MI, Machinery and Flow Control. The group has expansive channel relationships with U.S. distributors and dealers in the areas of HVAC, mechanical contractors, electrical equipment, automation and pool supply. They maintain an active trade show and field trip corporate access circuit ranging from C-suite to mid-level/product manager access across key divisional businesses. The group publishes a high tempo of unique thematic work, which delves into ongoing investor debates, cycle positioning and regulatory or product cycles. Brett previously covered four European Industrials and works closely with its highly ranked Japanese Industrial teams, which helps inform a global view.
Key Reports
• EE/MI Global Automation Chart Book – Intelligence Accelerant (58 pages)
• Electrical & Data Center Chart Book – Navigating the New Digital Frontier (56 pages)
• Mizuho Smart Meter Chart Book - Pent-Up Pipelines Ready to Unleash (51 pages)
• HVAC Chart Book & Deep Dive (100 pages)
• Mizuho Deep Dive – Aerospace & Defense Provides Lift for Multi-Industry (22 pages)
Notable Events
Our Inaugural Industrials Conference (in conjunction w/ Chemicals) in August. LII Executive speaker panel in NYC. NDRs/Corporate Events with EMR, ALLE, DOV, ZWS, PH, AIT, ALLE, EMR, PNR, TT and SWK. Expert calls with Automation Executive, Government Affairs on Tariffs and much, much more.
Analyst Bio
Brett joined Mizuho in July 2021 as a Senior Analyst covering Industrials, including Multi-Industry and Industrial Technology stocks. Brett brings 15+ years of sell-side experience covering Industrials having also served at a leading boutique providing differentiated and thematic product. He was voted Rising Star by Institutional Investor (II) in Electrical Equipment/Multi-Industry and has quickly moved up the II (Extel) ranks. Previously, he was an Associate PM in Institutional Investments (PNC) and a Private & Business Banking Officer prior to that. The 2-time collegiate Football National Champion holds a Master of Business Administration from Cleveland State University’ Monte Ahuja College of Business and BA in Business Finance from Mount Union College. He is a CFA Level III and CAIA Level II candidate.