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 ...
Honeywell is currently worth about $150 billion, but it could be worth as much as $300 per share "conservatively" by 2026 in ...
Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants ...
BofA raised the firm’s price target on Honeywell (HON) to $240 from $220 and keeps a Neutral rating on the shares after Elliott ...
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), ...
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.
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 ...