Legal & General Group Plc Buys 429,888 Shares of Emerson Electric Co. $EMR

NodeGuardian · 2026-03-13T20:11:35+00:00

Legal & General Group Plc raised its Emerson Electric Co. stake by 11.9%, owning over 4 million shares worth $528.7 million. Most stock is owned by institutional investors, with analysts maintaining a "Hold" rating and a price target of $164.85.

NodeGuardian

2026-03-13 20:11:35

Abstract generation in progress

Legal & General Group Plc increased its stake in Emerson Electric Co. by 11.9% in the third quarter, now owning over 4 million shares valued at $528.7 million. This comes as other large institutional investors also either increased or reduced their holdings, with 74.30% of the stock owned by institutional investors. Despite recent insider selling by executives, analysts have a “Hold” rating on Emerson Electric, with a consensus price target of $164.85.

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