Sax Wealth Advisors LLC Makes New Investment in Emerson Electric Co. $EMR

Sax Wealth Advisors LLC purchased a new stake in Emerson Electric Co. (NYSE:EMR) in the second quarter, Holdings Channel reports. The firm purchased 4,529 shares of the industrial products company’s stock, valued at approximately $593,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Everpar Advisors LLC acquired a new position in Emerson Electric during the second quarter worth $210,000. Chemistry Wealth Management LLC purchased a new position in shares of Emerson Electric during the 2nd quarter worth $202,000. Pine Haven Investment Counsel Inc boosted its position in shares of Emerson Electric by 2.4% during the 2nd quarter. Pine Haven Investment Counsel Inc now owns 11,196 shares of the industrial products company’s stock valued at $1,603,000 after acquiring an additional 267 shares during the last quarter. Crumly & Associates Inc. grew its holdings in shares of Emerson Electric by 6.3% in the second quarter. Crumly & Associates Inc. now owns 4,430 shares of the industrial products company’s stock valued at $634,000 after purchasing an additional 264 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in Emerson Electric by 11.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,218 shares of the industrial products company’s stock worth $461,000 after purchasing an additional 343 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Up 0.3%

EMR opened at $158.74 on Tuesday. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $165.15. 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 business has a fifty day simple moving average of $144.49 and a 200-day simple moving average of $142.68. The firm has a market cap of $88.91 billion, a P/E ratio of 34.74, a P/E/G ratio of 2.35 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. During the same quarter in the prior year, the company earned $1.52 EPS. Emerson Electric’s 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. On average, equities analysts expect that Emerson Electric Co. will post 6.56 earnings per share for the current year.

Emerson Electric Announces Dividend

The firm also recently announced 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. The ex-dividend date is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s dividend payout ratio is 48.58%.

Analyst Ratings Changes

EMR has been the topic of several recent analyst reports. HSBC boosted their target price on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. BMO Capital Markets raised their target price on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. KeyCorp decreased their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Finally, Sanford C. Bernstein lowered their price target on Emerson Electric from $175.00 to $169.00 and set an “outperform” rating for the company in a report on Monday, July 20th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.