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Long Term Returns of Scott Ferguson’s 5 Activist Targets

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In this article, we discuss long-term returns of Scott Ferguson’s 5 activist targets. If you want to see more stocks in this selection, check out Long Term Returns of Scott Ferguson’s Activist Targets.

5. Elanco Animal Health Incorporated (NYSE:ELAN

Activist Investment: 2020
Long Term Returns Since Ferguson’s Investment: -36%
S&P 500 Gain Since Ferguson’s Investment: 79%

Elanco Animal Health Incorporated (NYSE: ELAN) is a company focused on the development, manufacturing, and marketing of products for both pets and farm animals within the animal health industry. It also offers pet health disease prevention products such as pesticides and vaccines. Through his hedge fund, Sachem Head Capital, Ferguson took a $1.2 billion stake in the company in 2020.

With the investment, the activist investor started pushing for changes, insisting that the company was undervalued and an attractive investment. The hedge fund opened discussions with management to see ways of boosting sales and improving margins. Ferguson was consequently appointed to the company’s board when the company was under scrutiny for missteps, including its poorly timed acquisition of Bayer’s AGs animal health for $6.9 billion.

Ferguson stepped down from the board as he sought to focus on other commitments under Sachem Head. He stepped down while insisting Elanco Animal Health Incorporated (NYSE:ELAN) had succeeded in establishing the right plan to create shareholder value through sustained cost discipline and developing an innovation pipeline.

Follow Elanco Animal Health Inc (NYSE:ELAN)

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

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At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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