Recent Updates — EMR
Emerson Electric Co. announced a change in its method of accounting for actuarial gains and losses associated with defined benefit pension and other postretirement benefit plans, effective for the fiscal year ended September 30, 2026. The company will now recognize these items in earnings as they arise rather than amortizing them over time. This retrospective adoption increased pretax earnings by $8 million for the nine months ended June 30, 2026, and resulted in minor adjustments to previously reported fiscal years 2024 and 2025 results. The company expects a small mark-to-market gain of less than $5 million in the fourth quarter of fiscal 2026 but will exclude these volatile adjustments from its adjusted earnings per share metrics. Emerson Electric Co. operates in the industrial technology sector, providing automation solutions and software.
Emerson Electric Co. reported third quarter fiscal 2026 results ending June 30, 2026, with net sales of $4.87 billion, a 7% increase, and diluted earnings per share of $1.28, up 24%. The company raised its full-year 2026 adjusted EPS guidance to approximately $6.55 from prior estimates. Additionally, the board declared a quarterly cash dividend of $0.555 per share, payable on September 10, 2026, to shareholders of record as of August 14, 2026. Emerson operates in the global industrial automation and technology sector.
Emerson Electric Co. announced its second quarter results and the election of Jennifer G. Newstead, Apple's Senior Vice President and General Counsel, to its Board of Directors effective August 3, 2026. Ms. Newstead will also serve on the Compensation and Corporate Governance and Nominating Committees and will receive a pro rata restricted stock unit award of $95,000.
Emerson Electric Co. entered into a new $2 billion 364-day unsecured credit facility on February 10, 2026, to support general corporate purposes and provide liquidity backup for commercial paper borrowings. This facility replaces a previous $3 billion credit agreement and is scheduled to expire on February 9, 2027.
Emerson Electric Co. announced the results of its 2026 Annual Meeting of Shareholders, where shareholders elected three directors and approved executive compensation and the appointment of KPMG LLP. A proposal to amend the company's Articles of Incorporation to declassify the Board of Directors failed to pass, as it did not meet the required 85% approval threshold.
Emerson Electric Co. released its first quarter financial results via a press release on February 3, 2026. The filing provides the company's quarterly performance updates and includes supplemental non-GAAP financial measures.