Summit Asset Management LLC Makes New Investment in Emerson Electric Co. $EMR
Market Beat·- Summit Asset Management LLC purchased a new stake of 17,867 shares in Emerson Electric Co. valued at approximately $2,558,000 during the 2nd quarter. - Emerson Electric Co. reported quarterly earnings of $1.71 per share with revenue of $4.87 billion, beating analysts' consensus estimates. - Several major financial institutions adjusted their holdings and price targets for the industrial products company, which currently holds a consensus rating of Moderate Buy.