Founder at Stock Spin-off Investing, Stock Spin-Off Investing

Richard Howe

After graduating from Trinity College in Connecticut, I joined Eaton Vance full-time as an equity research associate. While at Eaton Vance, I completed the Chartered Financial Analyst program and earned the CFA designation. In 2013, I left Eaton Vance to join Citi Private Bank to work in the private equity research group.

Founder at Stock Spin-off Investing

Stock Spin-Off Investing

Generate attractive returns by taking advantage of inefficiencies in the stock spin-off market.

Stock Spin-offs

Event-Driven

<ul><li>Fortive (FTV) spun off Ralliant (RAL) on Monday June 30, 2025. Shareholders received a share of RAL for 3 shares of FTV owned.</li><li>Ralliant generated $2.2B of revenue in 2024.</li><li>Key segments: 56% of sales in Sensors &amp; Safety (power‑grid monitors, defense, critical-environment sensors) and 44% in Test &amp; Measurement (electronic instrumentation, systems, software).</li></ul>

Fortive (FTV) spun off Ralliant (RAL) on Monday June 30, 2025. Shareholders received a share of RAL for 3 shares of FTV owned.Ralliant generated $2.2B of revenue in 2024.Key segments: 56% of sales in Sensors &amp; Safety (power‑grid monitors, defense, critical-environment sensors) and 44% in Test &amp; Measurement (electronic instrumentation, systems, software).

Ralliant

Ralliant Spin-off Deep Dive