spin off
Shares of the new DuPont are up over 50% in the five years since the old DowDuPont conglomerate split into three separate companies (Dow, DuPont and Corteva).
Even so, DuPont feels it can generate even more value for investors with a plan to spin off its electronics product operations....
Even so, DuPont feels it can generate even more value for investors with a plan to spin off its electronics product operations....
FASTENAL COMPANY, $78.60, symbol FAST on Nasdaq, is a leading wholesale distributor of industrial and construction supplies. It draws almost all its clients from the construction and manufacturing industries.
Those construction customers include general, electrical, plumbing, sheet-metal, and road contractors....
Those construction customers include general, electrical, plumbing, sheet-metal, and road contractors....
Alimentation Couche-Tard’s 25% dividend hike came before its sales slip in the quarter, although an earnings jump and a stock split increase its appeal for investors.
You Can See Our Spinoff Stock Portfolio For May 2025 Here.
Why we like spinoffs so much
We think that spinoffs are the closest thing you can find to a sure thing for two main reasons:
1) The management of a parent company will only hand out shares in a subsidiary to its own investors if it’s all but certain that business, and the parent, will be better off after the spinoff.
2) Spinoffs involve a lot of work and legal fees....
PHILLIPS 66 $96 is a buy. The company (New York symbol PSX; Manufacturing Sector; Shares outstanding: 407.7 million; Market cap: $39.1 billion; Dividend yield: 4.7%; Takeover Target Rating: Medium; www.phillips66.com) refines and transports oil and gas, operates gas stations, and owns 50% of a chemical firm (Chevron Corp....
We keep an eye on activist investors as they tend to target struggling firms, such as Kenvue and El Pollo, that could boost shareholder value with asset sales and spinoffs. However, these two stocks offer limited appeal right now.
KENVUE INC....
FEDEX CORP. $207 is a buy. The courier company (New York symbol FDX, Consumer sector; Shares outstanding: 240.9 million; Market cap: $49.9 billion; Dividend yield: 2.7%; Takeover Target Rating: Medium; www.fedex.com) is down 25% since the start of 2025, partly due to fears that U.S....
MAPLE LEAF FOODS INC. $24 is a hold. The company (Toronto symbol MFI; Consumer sector; Shares outstanding: 123.8 million; Market cap: $3.0 billion; Dividend yield: 4.0%; Takeover Target Rating: Medium; www.mapleleaffoods.com) sells fresh and prepared meats under the Maple Leaf and Schneider labels....
Diversified manufacturing firm 3M completed its plan to spin off its Health Care division as independent firm Solventum on April 1, 2024. Shareholders received one share of Solventum for every four 3M shares they held. 3M still owns 19.9% of Solventum, but plans to sell those shares over the next five years.
We prefer 3M, which has gained 45% as the spinoff lets it focus on improving the performance of its remaining operations.
While Solventum is down 5% from its launch price, it still has long-term appeal....
We prefer 3M, which has gained 45% as the spinoff lets it focus on improving the performance of its remaining operations.
While Solventum is down 5% from its launch price, it still has long-term appeal....
KYNDRYL HOLDINGS INC., $31.32, New York symbol KD, is still a hold.
The company took its current form in November 2021 when International Business Machines Corp. (New York symbol IBM) spun off its legacy business of helping corporate and government clients manage their datacentres....
The company took its current form in November 2021 when International Business Machines Corp. (New York symbol IBM) spun off its legacy business of helping corporate and government clients manage their datacentres....