King Luther Capital Management Corp has reduced its stake in Emerson Electric Co. (NYSE:EMR) by selling 25,143 shares, bringing its total holdings to 2,014,198 shares valued at $264.2 million. This comes as Emerson Electric reported strong quarterly earnings, beating EPS estimates, and provided positive FY 2026 guidance. Despite a consensus “Hold” rating from analysts, several have raised their price targets for the company.
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King Luther Capital Management Corp Sells 25,143 Shares of Emerson Electric Co. $EMR
King Luther Capital Management Corp has reduced its stake in Emerson Electric Co. (NYSE:EMR) by selling 25,143 shares, bringing its total holdings to 2,014,198 shares valued at $264.2 million. This comes as Emerson Electric reported strong quarterly earnings, beating EPS estimates, and provided positive FY 2026 guidance. Despite a consensus “Hold” rating from analysts, several have raised their price targets for the company.