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Prospera Financial Services Inc Increases Stock Position in Emerson Electric Co. $EMR
Prospera Financial Services Inc. significantly increased its stake in Emerson Electric Co. (NYSE:EMR) by 25.8% in Q3, now holding 73,554 shares valued at $9.65 million. Other major institutional investors also added to their positions, bringing total institutional ownership to 74.3%. While Emerson Electric beat EPS estimates and raised its FY 2026 guidance, analyst ratings are mixed, with a consensus “Hold” rating and an average price target of $164.11, even as the stock trades near its one-year high.