Ameriprise Financial Inc. Acquires 2,075,425 Shares of Emerson Electric Co. $EMR

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Ameriprise Financial Inc. significantly increased its stake in Emerson Electric Co. (NYSE:EMR) by 185.7% in the third quarter, purchasing an additional 2,075,425 shares. Other institutional investors also adjusted their positions in EMR, which has a market cap of $74.33 billion and recently announced a quarterly dividend. The article also details recent insider stock sales and provides an overview of analyst ratings for Emerson Electric.

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