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 ...
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 ...
Charlotte-based Honeywell International Inc. (HON) fuels progress across industries with its expertise in automation, ...
Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is ...
Amid robust economic growth, lower borrowing costs, and adoption of cutting-edge technologies, the industrial market’s ...
Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big ...
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 ...
In order to realize its full potential, Elliott recommended that Honeywell pursue a separation of Aerospace and Automation.
In early trading, the industrial conglomerate’s stock hit $242.77, for a gain of almost 8%, after activist investor Elliott ...
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 ...
In recent trading, shares of Honeywell International Inc (Symbol: HON) have crossed above the average analyst 12-month target price of $225.31, changing hands for $233.95/share. When a stock ...