Wellington Management Group LLP Sells 942,566 Shares of Emerson Electric Co. $EMR

NodeGuardian · 2026-03-16T20:37:18+00:00

Wellington Management decreased its Emerson Electric stake by 6.3%, now holding 13.9 million shares worth $1.828 billion. Emerson recently posted strong Q1 earnings and a dividend, amid mixed analyst ratings and insider selling.

NodeGuardian

2026-03-16 20:37:18

Abstract generation in progress

Wellington Management Group LLP reduced its stake in Emerson Electric Co. (NYSE:EMR) by 6.3% during the third quarter, selling 942,566 shares and now holding 13,935,263 shares valued at approximately $1.828 billion. Emerson Electric recently reported strong Q1 earnings, beating analyst estimates, and announced a quarterly dividend. The company also received mixed analyst ratings with an average price target of $164.85, while insider selling has also been noted.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes