---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-22-018712"
form_type: "8-K"
ticker: "EMR"
cik: "0000032604"
company_name: "EMERSON ELECTRIC CO"
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T22:01:36.397841+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Emerson to sell 55% of Climate Technologies to Blackstone for $9.5B; Q4 beat

## Summary
- Divests 55% stake in Climate Technologies to Blackstone for $9.5B cash and $2.25B note; retains 45% equity.
- Q4 net sales $5.36B (+8% reported, +12% underlying); GAAP EPS $1.24, adjusted EPS $1.53.
- FY2022 net sales $19.63B (+8%); GAAP EPS $5.41 (+42%), adjusted EPS $5.25 (+16%).
- 2023 continuing ops guidance: underlying sales growth 6.5%-8.5%, adj EPS $4.00-$4.15; ~$2B share repurchases planned.
- Quarterly dividend raised to $0.52/share, payable Dec 9 to holders of record Nov 11.

## SEC filing metadata
- accession: 0000950103-22-018712
- form_type: 8-K
- ticker: EMR
- cik: 0000032604
- company_name: EMERSON ELECTRIC CO
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/32604/000095010322018712/0000950103-22-018712-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/32604/000095010322018712/dp183410_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-22-018712
- JSON: https://secwatch.observer/filing/0000950103-22-018712.json
- Plain text: https://secwatch.observer/filing/0000950103-22-018712.txt

## Key facts
- Earnings Releases
  EMERSON ELECTRIC CO reported Fiscal Year 2023 results: net income $10 billion to $11 billion, EPS $17 to $19. Guidance initiated.
  - Period: Fiscal Year 2023
  - Net income: $10 billion to $11 billion
  - EPS: $17 to $19
  - Guidance: initiated
  - Result: guidance update
  source text: The earnings from discontinued operations for 2023 are expected to be $10 billion to $11 billion, or $17 to $19 per share, including the net gains on 2023 divestitures.
  evidence_url: https://www.sec.gov/Archives/edgar/data/32604/000095010322018712/0000950103-22-018712-index.htm
- Material Agreements
  EMERSON ELECTRIC CO entered into Transaction Agreement with BCP Emerald Aggregator L.P., a Delaware limited partnership formed by investment funds managed by affiliates of Blackstone Inc., Emerald Debt Merger Sub L.L.C., and Emerald JV Holdings L.P. valued at approximately $9.5 billion in cash and $2.25 billion senior unsecured notes (effective 2022-10-30).
  - Action: entry
  - Agreement: merger
  - Counterparty: BCP Emerald Aggregator L.P., a Delaware limited partnership formed by investment funds managed by affiliates of Blackstone Inc., Emerald Debt Merger Sub L.L.C., and Emerald JV Holdings L.P.
  - Value: approximately $9.5 billion in cash and $2.25 billion senior unsecured notes
  - Effective: 2022-10-30
  source text: On October 30, 2022, Emerson Electric Co., a Missouri corporation (" Emerson "), BCP Emerald Aggregator L.P. (" BCP Emerald "), a Delaware limited partnership formed by investment funds managed by affiliates of Blackstone Inc., Emerald Debt Merger Sub L.L.C., a Delaware limited liability company and wholly owned subsidiary of BCP Emerald and Emerald JV Holdings L.P., a Delaware limited partnership and a wholly owned subsidiary of Emerson (" JV NewCo "), entered into a Transaction Agreement (the " Transaction Agreement ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/32604/000095010322018712/0000950103-22-018712-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.