Trading at a price-to-earnings ratio of about 27 and with a dividend yielding 1.9% at the current share price, Honeywell is a ...

The activist firm Elliott Investment Management has written to Honeywell International's (NASDAQ: HON) board of directors ...

Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big ...

The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.

In early trading, the industrial conglomerate’s stock hit $242.77, for a gain of almost 8%, after activist investor Elliott ...

Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants ...

But Honeywell has underperformed its industrial peers since 2019, something which the two attribute directly to a messy ...

Shares of Honeywell International Inc. rallied into record territory Tuesday after activist investor Elliott Investment ...

It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and ...

Elliott wants Honeywell to separate its Aerospace and Automation businesses. It expects such a strategic move to unlock up to ...

Elliott Investment Management has built a $5 billion-plus position in Honeywell International Inc. and is pushing the ...

The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.