Healthcare of Ontario Pension Plan Trust Fund Adds $16M in Emerson Electric Co. ($EMR)
Key Points
- Healthcare of Ontario Pension Plan Trust Fund changed its Emerson Electric Co. ($EMR) stake by 17.6% last quarter, boosting to 741,499 shares worth $106.29 million.
- Wall Street's consensus rating on $EMR is Buy and an average price target of $164.13.
- $EMR last traded around $143.34.
Healthcare of Ontario Pension Plan Trust Fund increased its position in Emerson Electric Co. ($EMR) by 17.6% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 741,499 shares of Emerson Electric Co. after buying 110,890 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund's holdings in Emerson Electric Co. were worth $106.29 million as of its most recent filing.
Emerson Electric Co. ($EMR) Stock
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Analysts Set New Price Targets
About Emerson Electric Co.
Emerson Electric Co., a technology and software company, provides various solutions in the Americas, Asia, the Middle East, Africa, and Europe. It operates through Final Control, Measurement & Analytical, Discrete Automation, Safety & Productivity, Control Systems & Software, and Test & Measurement segments. The Final Control segment provides control valves, isolation valves, shutoff valves, pressure relief valves, pressure safety valves, actuators, and regulators for process and hybrid industries under Anderson Greenwood, Bettis, Crosby, Fisher, Keystone, KTM, and Vanessa brands. The Measurement & Analytical segment supplies intelligent instrumentation measuring the physical properties of liquids or gases, such as pressure, temperature, level, flow, acoustics, corrosion, pH, conductivity, water quality, toxic gases, and flame under the Flexim, Micro Motion, and Rosemount brands. The Discrete Automation segment includes solenoid valves, pneumatic valves, valve position indicators, pneumatic cylinders and actuators, air preparation equipment, pressure and temperature switches, electric linear motion solutions, programmable automation control systems and software, electrical distribution equipment, and materials joining solutions used primarily in discrete industries under the Afag, Appleton, ASCO, Aventics, Branson, Movicon, PACSystems, SolaHD, TESCOM, and TopWorx brands. The Safety & Productivity segment delivers tools for professionals and homeowners that support infrastructure, promote safety, and enhance productivity under the Greenlee, Klauke, ProTeam, and RIDGID brands. The Control Systems & Software segment provides control systems and software that control plant processes by collecting and analyzing information from measurement devices in the plant under the DeltaV and Ovation brands. The Test & Measurement offers software-connected automated test and measurement systems. The company was incorporated in 1890 and is headquartered in Saint Louis, Missouri.
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