Wedbush Securities Inc. significantly increased its stake in Emerson Electric Co. (NYSE:EMR) by 88.4% in the third quarter, holding 19,197 shares valued at approximately $2.52 million. Emerson Electric reported strong quarterly results, beating EPS expectations and showing a 4.1% revenue increase year-over-year, alongside providing a positive FY2026 guidance. Despite insider stock sales, the company maintains an average analyst “Hold” rating with a target price of $164.11 and offers a quarterly dividend.
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Emerson Electric Co. $EMR Shares Acquired by Wedbush Securities Inc.
Wedbush Securities Inc. significantly increased its stake in Emerson Electric Co. (NYSE:EMR) by 88.4% in the third quarter, holding 19,197 shares valued at approximately $2.52 million. Emerson Electric reported strong quarterly results, beating EPS expectations and showing a 4.1% revenue increase year-over-year, alongside providing a positive FY2026 guidance. Despite insider stock sales, the company maintains an average analyst “Hold” rating with a target price of $164.11 and offers a quarterly dividend.