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Emerson Electric's shares climbed after it beat earnings estimates, attracting more investments.
Emerson Electric Co. (NYSE: EMR) saw its shares rise after reporting earnings of $1.38 per share, $0.10 above estimates.
Several institutional investors increased their stakes, including Daiwa Securities and Clare Market Investments.
The company has a "Moderate Buy" rating with a target price of $136.28.
Emerson, which operates in six segments serving industrial, commercial, and consumer markets, has a market cap of $63 billion and a dividend yield of 1.89%.
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Las acciones de Emerson Electric subieron después de superar las estimaciones de ganancias, atrayendo más inversiones.