5 Best Industrial Machinery Stocks to Invest in

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In this piece, we will take a look at the five best industrial machinery stocks to invest in. For a deeper dive into the industrial machinery industry, you can read 10 Best Industrial Machinery Stocks to Invest in.

5. Emerson Electric Co. (NYSE:EMR)

Number of Hedge Fund Investors In Q4 2023: 50

Emerson Electric Co. (NYSE:EMR) makes and sells valves, actuators, pressure sensing equipment, and other associated products. Like several other industrial stocks on our list, the shares are up year to date. They surged in February 2024 after the firm’s latest earnings that revealed a 22% annual revenue growth and a 56% earnings growth.

During Q4 2023, 50 out of the 933 hedge funds covered by Insider Monkey’s database were Emerson Electric Co. (NYSE:EMR)’s shareholders. Phill Gross and Robert Atchinson’s Adage Capital Management owned the biggest stake which was worth $342 million.

Follow Emerson Electric Co (NYSE:EMR)


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