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EMERSON ELECTRIC CO. $69 (New York symbol EMR; Manufacturing & Industry sector; Shares o/s: 609.2 million; Market cap: $42.0 billion; Divd. yield: 2.9%; Takeover Target Rating: Medium; www.emerson.com) is a hold. The industrial equipment maker is buying Open Systems International for $1.6 billion. That firm is a leading provider of operations technology software. Its software complements Emerson’s own software portfolio and should help power generation customers, in particular, better integrate renewable energy with their existing operations. The company’s long-term outlook remains positive as the global economy recovers. The Open Systems acquisition also adds to its growth prospects. However, its decision earlier this year to cancel a plan to split into two separate businesses—Automation Solutions (valves, tools, sensors and gauges) and Commercial & Residential Solutions (heating, air conditioning and refrigeration products)—hurts Emerson’s appeal for our subscribers. Emerson Electric is a hold. KIMBERLY-CLARK CORP. $148 (New York symbol KMB; Manufacturing & Industry sector; Shares outstanding: 341.0 million; Market cap: $50.5 billion; Dividend yield: 2.9%;…