Elliott Builds $5 Billion Stake in Honeywell

Elliott's $5 billion Honeywell gambit: would a split pay off?
Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big names such as 3M, General Electric, United Technologies and others. But many of those companies have since broken apart,
Elliott Calls for Breakup of Honeywell—One of the Last Conglomerates
Elliott Management is pushing for Honeywell International to split up its business after the activist investment fund built an over-$5 billion stake in the industrial conglomerate.
Investor Elliott Management 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.
Honeywell Stock Hits All-Time High After Elliott Discloses More Than $5B Stake
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 calls for Honeywell break up, takes $5 bln-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.
Opinion
Elliott’s Honeywell Breakup Plan Doesn’t Go Far Enough
The activist investor’s call to spin off just the aerospace business would leave a less profitable but still-too-complex conglomerate.
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 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.
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 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
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 ...
Elliott urges Honeywell break-up with $5bn investment stake
It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and ...
NBC New York4d
Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in industrial conglomerate Honeywell and is pushing the ...
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 ...
Aviation Today1d
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 ...
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), ...
These Stocks Are Moving the Most Today: Tesla, Home Depot, Trump Media, Shopify, Honeywell, Tyson Foods, and More
Stocks were mostly falling Tuesday after the S&P 500 closed above 6000 for the first time and the Dow Jones Industrial ...