Emerson Electric Co. (NYSE:EMR) continues to be an attractive investment for firms and individuals alike.
Mosaic Family Wealth Partners LLC,
Waverly Advisors LLC, and the
Westwood Holdings Group Inc. have increased their positions. Wells Fargo has reiterated their buy rating and raised their
price target to $135, reflecting confidence in the company’s future performance. Despite weak financials casting doubt on the company’s momentum, it is viewed as an undervalued dividend aristocrat. Interestingly,
Highview Capital Management LLC DE has taken a position of $775,000 in the company. Similarly, the
British Columbia Investment Management Corp,
UBS AM business unit, and
Temasek Holdings Private Ltd have boosted their holdings. This active participation from diverse groups indicates a positive sentiment towards their stocks, and it's stated that the company is experiencing a
share price increase. A key highlight was Emerson’s Q2 earnings, which reportedly exceeded estimates, reflecting robust growth and resulted in raised
guidance. Additionally, the companies stock has performed better than the underlying earnings growth over the last five years.
Emerson Electric EMR News Analytics from Tue, 05 Nov 2024 08:00:00 GMT to Sat, 24 May 2025 11:42:45 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 2
