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Bay Colony Advisors cuts Emerson Electric holdings, yet company reports strong Q4 earnings.
Bay Colony Advisors and other firms have reduced their holdings in Emerson Electric Co., with Bay Colony Advisors lowering its stake by 3.3% to 2,856 shares.
Despite the reduced holdings, Emerson Electric recently reported strong Q4 earnings, beating analysts' expectations with $1.38 per share.
The company's stock, currently valued at around $118.66, has a market cap of $66.91 billion and is forecast to report 5.96 EPS for the current fiscal year.
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Los asesores de la colonia de la bahía recortan las tenencias de Emerson Electric, pero la compañía reporta fuertes ganancias del Q4.