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 ...
Charlotte-based Honeywell International Inc. (HON) fuels progress across industries with its expertise in automation, ...
It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and ...
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants ...
Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is ...
Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, ...
An activist investor with a $5 billion stake in Honeywell International Inc. is calling for the company to separate its aerospace and automation divisions into separate businesses, stating it would ...
Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big ...
A breakup of Honeywell's businesses could result in major upside for the blue chip stock over the next two years, the ...
In early trading, the industrial conglomerate’s stock hit $242.77, for a gain of almost 8%, after activist investor Elliott ...