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Truepoint Inc. cut its Emerson Electric holdings by nearly half, while other firms adjusted their investments.
Truepoint Inc. significantly reduced its holdings in Emerson Electric Co. by 46.1%, now owning 29,054 shares.
Meanwhile, Howland Capital Management LLC increased its holdings by 13.0%, and other firms like Wayfinding Financial LLC and TD Private Client Wealth LLC have also adjusted their investments in the company.
Emerson Electric, a technology and software provider, has a market cap of $63 billion and reported strong financial metrics, including a net margin of 13.74% and return on equity of 12.08%.
The stock has a "Moderate Buy" rating with a target price of $136.22.
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Truepoint Inc. redujo sus participaciones en Emerson Electric a casi la mitad, mientras que otras firmas ajustaron sus inversiones.