Elliott Builds $5 Billion Stake in Honeywell

Honeywell Stock Hits All-Time High After Elliott Discloses More Than $5B Stake
KEY TAKEAWAYS Honeywell International shares jumped Tuesday to an all-time high, after Elliott Investment Management said it has built a $5 billion-plus position in the industrials conglomerate and is seeking a breakup of the company.
Elliott takes more than $5B stake in Honeywell, advises separating automation, aerospace units
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.
Investor calls for Honeywell breakup after amassing $5B stake
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
Elliott Amasses $5 Billion-Plus Stake in Honeywell
Activist investor Elliott Investment Management has built a $5 billion-plus position in industrials giant Honeywell International Inc., according to people with knowledge of the matter.
Elliott calls for Honeywell break up, takes $5 billion-plus stake
Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, following in the footsteps of other industrial conglomerates that have broken up in recent years.
Activist investor calls for Honeywell to separate aerospace, automation divisions
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 unlock additional shareholder value and improve its performance when compared with industry peers.
Honeywell's stock leads the Dow gainers, as Elliott discloses $5 billion stake
Honeywell's stock rallied as much as 7.8% into record territory for the first time in three years, after activist investor Elliott Investment Management disclosed a more than $5 billion stake, but then pulled back.
Elliott Builds $5 Billion Stake in Honeywell, Calls for Conglomerate to Split Up
Elliott Management is pushing for Honeywell International to split up its business, after the activist investment fund built a more-than $5 billion stake in the industrial conglomerate. Elliott said Tuesday it was recommending the Charlotte,
Activist Investor Seeks Breakup Of Honeywell
Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants ...
How Activist Investor Elliott’s Involvement Could Drive Honeywell’s (HON) Growth
Honeywell International stock has returned 25% in the last 5 years, a significant underperformance to the S&P 500 Industrials ...
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Elliott sends letter to the Board of Directors of Honeywell International Inc.
In order to realize its full potential, Elliott recommended that Honeywell pursue a separation of Aerospace and Automation.
For Honeywell, not breaking up will be hard to do
Honeywell does not seem to have got the memo that conglomerates have become achingly unfashionable. At a time when the global ...
Investment Firm Elliot Calls for Honeywell Restructuring in Letter to Board
As Honeywell’s largest active investor, Elliott Investment Management’s letter to Honeywell International argued that ...
Honeywell International Inc (HON) Baird Global Industrials Conference (Transcript)
Baird Global Industrials Conference November 12, 2024 8:20 AM ET. Company Participants. Ken West - President and CEO, Energy and Sustainab ...
Hold Rating on Honeywell: Portfolio Changes and Valuation Concerns Amidst Elliott’s Influence
In a report released today, Joe O’Dea from Wells Fargo maintained a Hold rating on Honeywell International (HON – Research Report), ...
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Honeywell’s AI-Enabled Forge Flight Performance+ Gaining Traction With Customers
Honeywell in the second quarter of 2024 launched Honeywell Forge Performance+ for Aerospace, a cloud-based platform employing ...