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Quilter Plc Purchases 10,740 Shares of Emerson Electric Co. $EMR
Quilter Plc increased its stake in Emerson Electric Co. by 1.4% in the fourth quarter, purchasing an additional 10,740 shares, bringing its total ownership to 804,338 shares valued at $106.75 million. Other institutional investors also adjusted their holdings, while analysts have a mixed view on EMR shares with an average “Hold” rating and a target price of $163.43. Emerson Electric recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend, while company insiders have sold shares.