NBH Bank Invests $1.20 Million in Emerson Electric Co. $EMR
MarketBeat
NBH Bank recently acquired a new stake in Emerson Electric Co. (NYSE:EMR), purchasing 8,365 shares valued at approximately $1.20 million. This investment comes as institutional investors now own 74.3% of the company, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $167.83. Emerson Electric also reported strong quarterly earnings, beating expectations, and declared a quarterly dividend of $0.555 per share.
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