经济观察网 丹纳赫（DHR.N）于2月17日宣布以约99亿美元全现金收购医疗设备公司Masimo （MASI.OQ）。根据协议，丹纳赫将以每股180美元的价格收购Masimo所有流通股，较Masimo2月13日 收盘价溢价约38%，交易预计在2026年下半年完成，需获得监管和股东批准。该收购旨在强化丹纳赫在 患者监测领域的布局，但市场对高估值和短期财务压力有所担忧，导致丹纳赫股价在消息公布后承压。 丹纳赫在2月13日通过摩根大通医疗健康大会提前披露2025年第四季度业绩超预期：营收68.38亿美元， 同比增长4.5%（核心增长2.5%），调整后每股收益2.23美元，同比增长4%。管理层指出，生物技术板 块增长8.8%，并给出2026年核心收入增长3%-6%、营业利润率扩大超100个基点的指引，强调增长将依 赖生命科学市场复苏及中国诊断需求回暖。 机构观点 机构对收购事件看法分化。摩根大通分析师认为，收购Masimo偏离丹纳赫传统核心领域，短期可能对 股价形成压力，但肯定其长期协同潜力。伯恩斯坦分析师Christian Moore预计，交易完成后Masimo将为 丹纳赫每股收益带来增量（首年0.15-0.20美 ...

Company Overview - Masimo is a global medical technology company known for its innovative monitoring technologies, including pulse oximetry, which is used on over 200 million patients annually [5] - The company went public in August 2007 at $17 per share and reached a high of $305.21 in November 2021, but experienced a decline of over 60% in the following months [6][9] Acquisition Details - Masimo has entered into a definitive agreement to be acquired by Danaher for $9.9 billion, with Danaher offering $180 in cash per share [1][8] - The acquisition has been unanimously approved by the boards of both companies and is expected to close in the second half of 2026, pending regulatory approvals [2] - Post-acquisition, Masimo will operate as a standalone business unit within Danaher's Diagnostics segment, enhancing Danaher's offerings in acute care settings [2][8] Financial Performance - Following the acquisition announcement, Masimo's shares surged nearly 35%, and over the past six months, the shares have risen 19.6%, contrasting with a 7% decline in the industry [3] - For Q4 2025, Masimo reported preliminary sales of $411 million, reflecting a 12% increase, with full-year revenues expected to be approximately $1.523 billion, indicating a 9% growth [14][15] Industry Prospects - The global pulse oximeter market was valued at approximately $3.34 billion in 2023 and is projected to grow at a CAGR of 6.9%, reaching about $5.33 billion by 2030, driven by increasing respiratory and cardiovascular diseases [12] - The demand for continuous monitoring devices, including pulse oximeters, is expected to rise due to technological advancements and the growing adoption of home healthcare [12][13]

Core Viewpoint - Kahn Swick & Foti, LLC is investigating the proposed sale of Masimo Corporation to Danaher Corporation, focusing on the adequacy of the $180.00 cash offer per share for Masimo shareholders [1] Company Overview - Masimo Corporation is set to be acquired by Danaher Corporation under a proposed transaction where shareholders will receive $180.00 in cash for each share they own [1] Investigation Details - The law firm Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti, Jr., is assessing whether the sale price adequately reflects the value of Masimo Corporation and the process leading to this valuation [1]

Core Viewpoint - Masimo (MASI) shares experienced a significant increase of 34.2% to close at $174.69, driven by a definitive acquisition agreement with Danaher Corporation valued at $180 per share, totaling approximately $9.9 billion [1][2]. Company Summary - The acquisition of Masimo by Danaher Corporation is an all-cash transaction, with completion expected in the second half of 2026, pending regulatory approvals and customary closing conditions [2]. - Masimo is projected to report quarterly earnings of $1.43 per share, reflecting a year-over-year decline of 20.6%, with revenues anticipated at $409.06 million, down 31.9% from the previous year [3]. - The consensus EPS estimate for Masimo has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4]. Industry Context - Masimo is categorized under the Zacks Medical - Instruments industry, where UFP Technologies (UFPT) is another player, closing at $246.13 with a recent return of -5.7% over the past month [5]. - UFP Technologies has a consensus EPS estimate of $2.26, unchanged over the past month, representing an 8.1% decline from the previous year [6].

作者：观察君 丹纳赫预计，在收购完成后的首个完整财年，其调整后摊薄每股净收益将提升15至20美分，第五个完整 财年提升约70美分，交易预计于2026年下半年完成，每年可实现超过1.25亿美元的成本协同效应。 市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 丹纳赫周二宣布，同意以99亿美元收购医疗技术企业Masimo，拓展其在病人监护设备领域的业务布 局。此次交易对Masimo的估值为每股180美元，较该公司此前收盘价高出38.3%。 丹纳赫是一家市值1500亿美元的美国企业，核心业务为药物开发与测试工具生产。此次收购是其在核心 业务之外的全新拓展。总部位于加利福尼亚州的Masimo，主打医院用血氧水平监测设备，包括手指脉 搏血氧仪、呼吸及大脑活动无创监护仪等产品，此前曾因与苹果的血氧技术专利纠纷受到行业外关注。 目前，血氧监测产品市场由Masimo与美敦力共同主导。 摩根大通指出，此次收购超出市场预期，此前投资者普遍认为丹纳赫的收购目标将集中在生命科学与诊 断核心业务领域，丹纳赫转向病人监护设备短期内可能对其股价造成压力，但Masimo在脉搏氧饱和度 ...

Market Overview - The S&P 500 and other major indices experienced a mixed trading day, with the S&P 500 and Dow finishing up about 0.1% each, while the Nasdaq composite also rose by 0.1%, but the Nasdaq 100 closed down by 0.1% [6][7] - Overall, the market showed indecisiveness, fluctuating between gains and losses throughout the day, indicating a "wait and see" approach among investors [5][6] Sector Performance - Real estate was the biggest gainer among sectors, increasing by 1%, while financials also performed well, and tech rose by approximately 0.5% [9] - Consumer staples were the largest losers, declining by 1.5%, followed closely by energy, which fell by 1.4% [10] Earnings Reports - Caesars Entertainment reported a fourth-quarter loss of $1.23 per share, with net revenue of $2.92 billion, slightly above the street estimate of $2.89 billion [11] - Norwegian Cruise Line was the top gainer in the S&P 500, rising by about 12% after Elliott Investment Management acquired a more than 10% stake and urged changes to unlock significant shareholder value [13] - Masimo saw a 34% increase in its stock price after Danaher announced its acquisition for $80 per share, representing a 40% premium over the previous close, with a total enterprise value of approximately $9.9 billion [14] - TripAdvisor's stock rose by about 9% following a letter from Starboard Value highlighting underperformance and plans to nominate a majority slate of directors [14] - Genuine Parts Company, the owner of Napa Auto Parts, fell by over 14.5% after reporting fourth-quarter earnings that missed expectations and announcing plans to split into two public companies [18] - General Mills' stock dropped by 7% after the company lowered its fiscal 2026 outlook due to a challenging consumer environment [24] Guidance and Future Outlook - Cadence Design reported adjusted EPS of $0.99, beating expectations, and provided full-year revenue guidance of $5.9 billion to $6 billion, aligning with street estimates [16] - Palo Alto Networks projected full-year adjusted EPS between $3.65 and $3.70, below the estimate of $3.87, with revenue guidance of $1.28 billion to $1.31 billion [21]

Paramount, Masimo, Medtronic, Kyndryl, eToro, Genuine Parts, Southwest, and More Movers - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# These Stocks Are Today's Movers: Paramount, Masimo, Medtronic, Kyndryl, eToro, Genuine Parts, Southwest, ...

Core Insights - The NASDAQ 100 (NDX) showed resilience, recovering from a nearly 1% pre-market decline to trade in flat-to-positive territory by late afternoon, influenced by Federal Reserve comments and regulatory shifts [2][10] Federal Reserve Commentary - Federal Reserve Governor Michael Barr indicated a cautious approach to monetary policy, suggesting inflation is expected to decrease as the effects of recent tariffs are absorbed by the economy, and the risk of a persistent inflation spiral is manageable [3][10] Regulatory Environment - The White House Council of Economic Advisers (CEA) reported that federal regulatory burdens cost U.S. consumers over $237 billion, which supports President Trump's campaign to dismantle the Consumer Financial Protection Bureau (CFPB) [4][10] Geopolitical Developments - Iranian media reported a temporary closure of the Strait of Hormuz due to security drills, highlighting the region's potential to disrupt 20% of the world's oil supply [5][10] Digital Asset Innovations - Tether announced a partnership with Elemental Royalty Corp (ELE) to allow shareholders to receive dividends in tokenized gold (XAU₮), bridging traditional commodity markets with blockchain technology [6][10] Individual Equity Movements - Norwegian Cruise Line Holdings (NCLH) rose by 7.2% following a significant investment from Elliott Investment Management, while Masimo Corp (MASI) surged over 30% on news of a potential $10 billion acquisition by Danaher (DHR), contributing to positive market sentiment [7][10]

SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Masimo Corporation (NASDAQ: MASI) [Accessibility Statement] Skip NavigationNEW YORK, Feb. 17, 2026 /PRNewswire/ -- Class Action Attorney [Juan Monteverde] with [Monteverde & Associates PC](the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and ...

Masimo Corporation ( MASI ) has been in the news this morning because it agreed to be acquired. I wanted to go over the details and give some comments on the synergies and what investorsMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analyst’s Disclosure: I/we have n ...