RFG Advisory LLC, First Hawaiian Bank, and NBC Securities Inc. have reduced their stakes in
Emerson Electric. Conversely,
Ridgewood Investments LLC and Wedmont Private Capital have increased their holdings in the company. This comes amidst Emerson's recent stock performance, showing some gains and losses, but generally trailing behind the broader market.
Institutional investors in Emerson earned 3.7% last week, and Emerson remains a dividend aristocrat.
Syzygy has chosen Emerson to automate their reactor technology. Both
earnings and revenue estimates have been beaten in Q2 2024, despite a 3.9% pullback for the company within the week. However, Emerson's five-year earnings decline might be coming to an end. Some experts perceive Emerson as a good investment and strong momentum stock, while others are more conservative, rating it a 'moderate buy'. The
company's restructuring efforts have proven successful, with grid management and factory automation driving growth. Retention in portfolios is advised following stable performance after restructuring. Their financial health remains robust, with solid balance sheets and a dividend payout of $0.525. Meanwhile, institutional ownership stands at 76%.
Emerson Electric EMR News Analytics from Tue, 07 Nov 2023 08:00:00 GMT to Sun, 23 Jun 2024 12:26:18 GMT -
Rating 5
- Innovation 6
- Information 6
- Rumor 2
