Emerson Electric: Exec Insiders and Funds Supporting Shares in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Emerson Electric Co. (NYSE:EMR).

SEC data indicate these insiders have bought Emerson Electric Co.’s stock since 06/30/2011:

  • Gonzalez Carlos Fernandez: act as Director. On 08/05/2011, bought 21,820 shares, worth $998,900.
  • Busch August A Iii: act as Director. On 08/08/2011, bought 22,660 shares, worth $997,300.
  • Golden Arthur F: act as Director. On 08/11/2011, bought 3,000 shares, worth $129,900.
  • Johnson William R: act as Director. On 08/05/2011, bought 1,000 shares, worth $47,000.

SEC data indicate that these institutions significantly increased their stock shares of Emerson Electric Co. in Q3 2011:

  • DEPRINCE RACE & ZOLLO INC: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,444,840 shares, worth $59,223,992.
  • RENAISSANCE TECHNOLOGIES LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,353,300 shares, worth $55,471,767.
  • COHEN & STEERS INC: On 06/30/2011, held 0 shares. On 09/30/2011, held 609,400 shares, worth $24,979,306.
  • WCG MANAGEMENT, L.P.: On 06/30/2011, held 0 shares. On 09/30/2011, held 597,262 shares, worth $24,481,769.

About the company: Emerson Electric Co. manufactures and markets electrical, electromechanical, and electronic products and systems. The Company produces a variety of products, including process control, industrial automation, electronics, appliance components, and electric motors. Emerson sells its products around the world.

Competitors to Watch: AMETEK, Inc. (NYSE:AME), Electro-Sensors, Inc. (NASDAQ:ELSE), ESCO Technologies Inc. (NYSE:ESE), Danaher Corporation (NYSE:DHR), Roper Industries, Inc. (NYSE:ROP), Mesa Laboratories, Inc. (NASDAQ:MLAB), Elster Group SE ADR (NYSE:ELT), Honeywell Intl. Inc. (NYSE:HON), Itron, Inc. (NASDAQ:ITRI), and Cognex Corporation (NASDAQ:CGNX).

(Note: Data regarding Emerson Electric Co.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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