Added to YB: 2026-03-12
Pitch date: 2026-03-10
IEP [neutral]
Icahn Enterprises L.P.
+1.88%
current return
Author Info
Company Info
Icahn Enterprises L.P., through its subsidiaries engages in the investment, energy, automotive, food packaging, real estate, home fashion and pharma in the United States and internationally.
Market Cap
$4.8B
Pitch Price
$7.45
Price Target
200.00 (+2525%)
Dividend
26.32%
EV/EBITDA
14.46
P/E
-14.58
EV/Sales
1.19
Sector
Industrial Conglomerates
Category
value
Investing in Activism Part I: Icahn Enterprises $IEP
IEP (pass): Legendary activist Carl Icahn's holding company owns CVR Energy (CVI), auto parts, pharma, real estate & long/short equities. Fatal flaw: dividend reinvestment program diluted shares hockey-stick style as Icahn grew stake 60%→85%. $26.50 2005 purchase→$7.60 today+$68.50 divs=~7% IRR vs >10.6% if buybacks used. Trades 0.50x P/S. Dilution dealbreaker despite quality holdings & legendary operator.
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