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Honeywell, Elliott
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 Honeywell International Inc. to spin-off its Aerospace Technologies business.
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 better operational performance.
Breaking Up Can Send Honeywell Stock Up 75%, Says Activist Investor Elliott.
In early trading, the industrial conglomerate’s stock hit $242.77, for a gain of almost 8%, after activist investor Elliott Investment Management disclosed a $5 billion stake in the company. Shares closed up 3.
1d
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 ...
5h
Honeywell price target raised to $240 from $220 at BofA
BofA raised the firm’s price target on Honeywell (HON) to $240 from $220 and keeps a Neutral rating on the shares after Elliott ...
1d
on MSN
Honeywell’s stock leaps toward a record after activist investor pushes for a breakup
Shares of Honeywell International Inc. rallied into record territory Tuesday after activist investor Elliott Investment ...
The Economist
21h
Is America’s last big industrial conglomerate about to break up?
Vimal Kapur, the boss of
Honeywell
, should have seen it coming. Industrial conglomerates like his have long been out of ...
1d
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), ...
Morningstar
1d
Honeywell On Pace for Record High Close — Data Talk
Kicking off my retirement from Morningstar with a tribute to the miracle of US equities. We sell different types of products and services to both investment professionals and individual investors.
Yahoo
1d
These Stocks Moved the Most Today: Tesla, Home Depot, Trump Media, Shopify, Honeywell, Boeing, Tyson Foods, and More
Tesla stock falls after rising sharply since the Nov. 5 U.S. presidential election, Home Depot tops earnings estimates, and ...
1d
Honeywell assumed with Buy from Neutral at UBS
UBS upgraded Honeywell (HON) to Buy from Neutral with a price target of $298, up from $215, after assuming coverage of the name. The firm is ...
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