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

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 ...

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 ...

Honeywell International stock has returned 25% in the last 5 years, a significant underperformance to the S&P 500 Industrials ...

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 ...

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