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 ...

Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is ...

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 ...

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

Honeywell International shares jumped Tuesday to an all-time high, after Elliott Investment Management said it has built a $5 ...

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 ...

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

In order to realize its full potential, Elliott recommended that Honeywell pursue a separation of Aerospace and Automation.

Barclays analyst Julian Mitchell raised the firm’s price target on Honeywell (HON) to $252 from $229 and keeps an Overweight rating on the shares. The firm sees free cash flow-based sum-of-the-parts ...