Honeywell International stock has returned 25% in the last 5 years, a significant underperformance to the S&P 500 Industrials ...
In order to realize its full potential, Elliott recommended that Honeywell pursue a separation of Aerospace and Automation.
Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big ...
Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants ...
Industrial conglomerates like his have long been out of fashion. Between the beginning of June last year, when Mr Kapur took ...
It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and ...
In a report released today, Joe O’Dea from Wells Fargo maintained a Hold rating on Honeywell International (HON – Research Report), ...
Donald Trump tapped the tech mogul to co-lead an effort to slash government spending, but questions abound over how such an ...
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
As Honeywell’s largest active investor, Elliott Investment Management’s letter to Honeywell International argued that ...
Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the conglomerate to split into two separate companies.