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Breaking News: Elliott Management Pushes for Honeywell Split, Sees Stock Jump

November 13, 2024
Investment management firm, Elliott Management, has recently taken a $5 billion stake in Honeywell International Inc.
(NASDAQ:HON) and is pushing for a major split to boost the company's value by 75%. This move has sparked excitement among investors, leading to a 3.25% increase in Honeywell's shares on November 6th. With just four days until Honeywell goes ex-dividend, shareholders are eagerly watching the stock's movement. Stocks Prognosis professionals recommend monitoring the situation closely and consider buying the stock for potential gains.

Find out how the HONEYWELL INTERNATIONAL INC. rate is expected to change

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Investor opinions & comments:

I'm considering buying Honeywell's stock now. With the stock's jump and the potential for significant gains, it seems like a good investment opportunity
— from SofiaLong at 11-16-2024 21:49
The increase in Honeywell's shares shows that investors are optimistic about the proposed split. It's a positive sign for the company
— from PennyPaul at 11-16-2024 01:28
This news has certainly sparked a lot of interest and excitement among investors. It's always exciting to see a company's stock jump
— from WealthyWillie at 11-15-2024 16:09
While a split might increase Honeywell's value, it's hard to predict how the market will react. I think it's a gamble and I'm not sure if it's worth it
— from MeganThompson at 11-14-2024 23:05
This is great news for Honeywell! I'm excited to see how the company's value will increase with the proposed split
— from RileyHughes at 11-14-2024 21:01
I'm not convinced that a split is the best move for Honeywell. They've been performing well as a whole company and I worry that this might disrupt their success
— from WealthyWalter at 11-14-2024 16:21
I'm not sure if splitting Honeywell would really boost its value. It could also introduce more uncertainty and risks
— from MoneyMiles at 11-14-2024 15:00
I've been following Honeywell for a while and this move by Elliott Management seems like a smart strategy. I'm curious to see if their plan will work
— from JohnSmith at 11-13-2024 17:25
This is a big move by Elliott Management and it seems like they have confidence in Honeywell's potential. I'm optimistic about the future of the company
— from SavingsSamantha at 11-13-2024 14:26
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Honeywell International Inc. (NASDAQ:HON) is making waves in the stock market as its shares have seen a significant uptick amidst a generally positive market trend....

HONMarch 17, 2025Honeywell International Inc. Reports Strong Quarterly Performance Amid Market Uptick  ~2 min.

Honeywell International Inc., a leading global technology and manufacturing company, has announced its strong quarterly performance amidst a recent market uptick....



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Honeywell International Inc., a global leader in technology and manufacturing, has recently announced its acquisition of several companies as part of its ongoing expansion strategy....

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