Honeywell, Elliott

Activist Investor Seeks Breakup Of Honeywell
Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants Honeywell International Inc. to spin-off its Aerospace Technologies business.
Elliott urges Honeywell break-up with $5bn investment stake
It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and better operational performance.
Elliott takes more than $5B stake in Honeywell, advises separating automation, aerospace units
Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the conglomerate to split into two separate companies.
Breaking Up Can Send Honeywell Stock Up 75%, Says Activist Investor Elliott.
In early trading, the industrial conglomerate’s stock hit $242.77, for a gain of almost 8%, after activist investor Elliott Investment Management disclosed a $5 billion stake in the company. Shares closed up 3.
Honeywell’s stock leaps toward a record after activist investor pushes for a breakup
Shares of Honeywell International Inc. rallied into record territory Tuesday after activist investor Elliott Investment Management L.P. disclosed a large stake and said it was pushing for a breakup of the company.
Investor Elliott Management calls for Honeywell breakup after amassing $5B stake
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
Investment Firm Elliot Calls for Honeywell Restructuring in Letter to Board
As Honeywell’s largest active investor, Elliott Investment Management’s letter to Honeywell International argued that Honeywell should split into two entities—Honeywell Aerospace and Honeywell Automation.
Elliott Calls for Honeywell Break Up, Takes $5 Billion-Plus Stake
Elliott said in a letter that it had built a stake worth more than $5 billion in Honeywell, one of its largest ever, and that management should split the company into two standalone businesses focused on aerospace and automation. Shares were up 3% on Tuesday, shedding some earlier gains.
Honeywell Stock Hits All-Time High After Elliott Discloses More Than $5B Stake
Honeywell International shares jumped Tuesday to an all-time high, after Elliott Investment Management said it has built a $5 billion-plus position in the industrials conglomerate and is seeking a breakup of the company.
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Analysis-Elliott's $5 billion Honeywell gambit: would a split pay off?
But many of those companies have since broken apart, and shares of their spinoffs have surged. Activist Elliott Investment is ...
For Honeywell, not breaking up will be hard to do
Honeywell does not seem to have got the memo that conglomerates have become achingly unfashionable. At a time when the global ...
Aviation Today20h
Honeywell’s AI-Enabled Forge Flight Performance+ Gaining Traction With Customers
Honeywell in the second quarter of 2024 launched Honeywell Forge Performance+ for Aerospace, a cloud-based platform employing ...
Elliott's $5 billion Honeywell gambit: would a split pay off?
Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big ...
Hold Rating on Honeywell: Portfolio Changes and Valuation Concerns Amidst Elliott’s Influence
In a report released today, Joe O’Dea from Wells Fargo maintained a Hold rating on Honeywell International (HON – Research Report), ...
These Stocks Are Moving the Most Today: Tesla, Home Depot, Trump Media, Shopify, Honeywell, Tyson Foods, and More
Stocks were mostly falling Tuesday after the S&P 500 closed above 6000 for the first time and the Dow Jones Industrial ...