KLA announced a 10-for-1 forward stock split in May 2026 alongside a fiscal Q3 earnings beat and about a 21% dividend hike, while Booking Holdings completed a 25-for-1 split that reduced its share price from above $4,000 to around $155. Investors are looking for the next four-digit share candidate among NYSE-listed AutoZone, United Rentals, and W.W. Grainger. AutoZone trades at $3,406.50 with strong recent results and insider buying, but it has not split for over 30 years and has spent heavily on buybacks, making a split structurally unlikely. W.W. Grainger trades at $1,247.79, delivered strong quarterly results, raised FY26 adjusted EPS guidance, and increased its dividend, improving split plausibility.
"Wall Street is rediscovering the stock-split playbook. KLA ( NASDAQ: KLAC | KLAC Price Prediction) announced a 10-for-1 forward stock split in May 2026 alongside a fiscal Q3 earnings beat and a roughly 21% dividend hike, with shares trading near the $1,800 range. Booking Holdings ( NASDAQ: BKNG) has completed a 25-for-1 split announced in February 2026, dragging its share price down from over $4,000 to roughly $155."
"To be clear: none has announced a split, hinted at one in filings, or telegraphed board action. What follows ranks them purely on structural likelihood, from least to most plausible. 3. Least Likely: AutoZone AutoZone trades at $3,406.50, with a market cap near $56.4 billion. The auto parts retailer posted Q2 FY26 EPS of $27.63 on revenue of $4.27 billion, with domestic commercial sales up 9.8%."
"The bull case for a split is the nominal price itself, the highest of this trio, plus broad insider participation including CEO Phil Daniele's March 31, 2026, acquisition at $3,377.78 a share. Retail accessibility is strained at these levels. The bear case is structural and overwhelming. AutoZone has not split its stock in over 30 years, and it has repurchased $38.9 billion of stock since 1998, with $741.9 million spent in the first half of FY26 alone."
"W.W. Grainger trades at $1,247.79, with a market cap around $58.9 billion. The industrial distributor crushed Q1 FY26, beating EPS estimates by 14.08% at $11.65, with revenue of $4.74 billion, up 10.13%. Management raised FY26 adjusted EPS guidance to $44.25 to $46.25 and hiked the dividend 10%."
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