Billionaire Ken Fisher’s 5 Most Notable Moves for 2026

2. Emerson Electric Co. (NYSE:EMR

Fisher Asset Management’s Stake: $954 Million

Emerson Electric Co. (NYSE:EMR) has been featured in the 13F portfolio of Fisher Asset Management since 2010. Back then, the stake had comprised just under 5 million shares. The fund trimmed this stake down to minute levels after 2012. However, in late 2022, it started buying up shares in the company again as the AI boom took off. From 160,000 shares in the fourth quarter of 2022, this position has grown to more than 7 million shares at the end of the fourth quarter of 2025. Compared to filings for the third quarter of 2025, the fund increased its stake in the firm by 15% between October and December 2025.

In early February, Emerson Electric Co. (NYSE:EMR) raised EPS guidance to $6.40–$6.55 for 2026, citing AI-enabled products and robust North America orders as growth drivers. Fisher understands the core business strength of the firm. In his 2010 book titled The Ten Roads to Riches: The Ways Rich People Got Rich… and How You Can Too, he underlined that companies that sell a wide range of industrial equipment across many industries often smooth out the worst of cyclical downturns.

Emerson Electric Co. (NYSE:EMR) is a technology and software company that provides various solutions in the Americas, Asia, the Middle East, Africa, and Europe. It operates through final control, measurement and analytical, discrete automation, safety and productivity, control systems and software, and test and measurement segments.