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TOWER TRUST & INVESTMENT Co Acquires Shares of 9,811 Emerson Electric Co. $EMR
TOWER TRUST & INVESTMENT Co has acquired a new position of 9,811 shares in Emerson Electric Co. (NYSE:EMR) during the fourth quarter, valued at approximately $1.302 million and making it the 27th largest holding in their portfolio. Several research firms have issued positive ratings and raised price targets for Emerson Electric, with a consensus target price of $163.43. The company also reported Q4 EPS that topped estimates and announced a quarterly dividend of $0.555 per share.