Sax Wealth Advisors LLC Takes $593,000 Position in Emerson Electric Co. $EMR

Sax Wealth Advisors LLC bought a new stake in shares of Emerson Electric Co. (NYSE:EMR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,529 shares of the industrial products company’s stock, valued at approximately $593,000.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in shares of Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after acquiring an additional 4,850 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of Emerson Electric in the 1st quarter worth about $232,000. Caxton Associates LLP purchased a new position in shares of Emerson Electric during the 1st quarter worth about $275,000. Sivia Capital Partners LLC bought a new position in Emerson Electric during the 2nd quarter valued at about $203,000. Finally, Jump Financial LLC raised its position in Emerson Electric by 121.5% in the 2nd quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock worth $1,406,000 after purchasing an additional 5,783 shares during the period. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Price Performance

Shares of EMR opened at $158.74 on Tuesday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $165.15. The company has a 50 day moving average of $144.49 and a two-hundred day moving average of $142.68. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The company has a market cap of $88.91 billion, a price-to-earnings ratio of 34.74, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter last year, the company posted $1.52 earnings per share. The business’s quarterly revenue was up .0% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. As a group, analysts predict that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is presently 48.58%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday. Wells Fargo & Company increased their price target on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. DA Davidson began coverage on Emerson Electric in a report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price objective for the company. Citigroup upped their price objective on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Barclays increased their target price on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Thirteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $166.22.

Emerson Electric Profile

Emerson Electric Co is a global technology and engineering company that designs and manufactures products and provides services for industrial, commercial and consumer markets. Founded in 1890, the company is headquartered in St. Louis, Missouri, and has built a long-standing presence in automation, control and climate-related technologies. Emerson’s offerings are aimed at improving productivity, energy efficiency and reliability for a wide range of end markets.

Emerson operates through two principal platforms—Automation Solutions and Commercial & Residential Solutions—providing process automation systems, measurement and analytical instrumentation, valves and actuators, control software, and related aftermarket services, alongside products for heating, ventilation and refrigeration, residential and commercial climate controls, tools and storage solutions.