Updating spinoffs & other opportunities

DANAHER CORP. $96 (New York symbol DHR; Manufacturing & Industry sector; Shares outstanding: 696.6 million; Market cap: $66.9 billion; Takeover Target Rating: Medium; Dividend yield: 0.9%; TSINetwork Rating: Average; www.danaher.com) makes precision testing equipment and tools. Its major customers include medical research labs, dentists and… Read More

Q: Pat: I’m looking for a replacement to Pure Industrial REIT, which got taken over recently. I have two candidates so far: Dream Industrial and WPT, which has all of its assets in the U.S., but is listed on the TSX. What do you think about those two? Thanks.

A: WPT Industrial REIT, $13.10, symbol WIR.U on Toronto (Units outstanding: 44.5 million; Market cap: $583.0 million; www.wptreit.com), is a Canadian REIT that owns and manages industrial properties in the U.S.

Right now, WPT has 52 properties in 15 states. In all, they include 17.6 million… Read More

Buy Pentair for its nVent spinoff

PENTAIR PLC $70 (New York symbol PNR; Manufacturing Sector; Shares outstanding: 181.6 million; Market cap: $12.7 billion; Takeover Target Rating: Medium; Dividend yield 2.0%; TSINetwork Rating: Average; www.pentair. com) is a diversified industrial manufacturing company that sells to businesses in the food, water and energy… Read More

Take advantage of these industrial spinoffs

HONEYWELL INTERNATIONAL INC. $146 (New York symbol HON; Manufacturing Sector; Shares outstanding: 761.8 million; Market cap: $111.2 billion; Takeover Target Rating: Medium; Dividend yield: 1.6%; TSINetwork Rating: Average; www.honeywell.com) is a diversified technology firm operating in four main segments: Aerospace (38% of sales); Home and… Read More

Upcoming spinoffs & other opportunities

MARATHON PETROLEUM $57 (New York symbol MPC; Resources sector; Shares outstanding: 506.3 million; Market cap: $28.9 billion; Takeover Target Rating: Lowest; Dividend yield: 2.8%; TSINetwork Rating: Average; www. marathonpetroleum.com) is a U.S. petroleum refining, marketing and transportation company based in Findlay, Ohio.

In November 2016, activist… Read More

Spinoff Spotlight

HONEYWELL INTERNATIONAL $138 (New York symbol HON; Manufacturing sector; Shares outstanding: 761.2 million; Market cap: $105.0 billion; Takeover Target Rating: Lowest; Dividend yield: 1.9%; TSINetwork Rating: Average; www.honeywell.com) is a diversified technology firm operating in four main segments: Aerospace (38% of sales); Home and B.. Read More