Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Elliott Management Pushes for Major Split in Honeywell International Inc.

November 15, 2024
Just Four Days Till Honeywell International Inc. (NASDAQ:HON) Will Be Trading Ex-Dividend. Elliott Management, an activist hedge fund, has sent a letter to the Board of Directors of Honeywell International Inc., expressing their concerns and proposals for boosting the company's value. In the letter, Elliott Management disclosed their acquisition of a 5 billion-dollar stake in Honeywell and emphasized the need for a major split within the company.

Elliott believes that by dividing Honeywell into two separate entities, they can unlock significant value for shareholders. The proposed split would separate Honeywell's aerospace business from its industrial segment. According to Elliott, this strategic move would allow each business to focus on its core competencies and attract specialized investors who can provide the necessary capital for growth and innovation.

The activist hedge fund has a history of successfully pushing for corporate changes and maximizing shareholder value. Their involvement in Honeywell has already attracted considerable attention from other investors and analysts. Bloomberg reports that Elliott's move has triggered a surge in Honeywell's stock price, indicating investors' confidence in their ability to drive positive changes.

However, it is important to note that this news does not guarantee any specific outcome or immediate action from Honeywell's management. The company's Board of Directors will carefully review Elliott's proposals, considering the potential benefits, risks, and various stakeholders' interests.

As an investor, it is essential to stay informed about such developments in order to make well-informed decisions. Considering the impact Elliott Management's involvement has already had on the stock price, it might be advisable to consult professionals like Stocks Prognosis for their expert analysis and forecast of Honeywell's stock movement.

Remember, investing in stocks always carries risks, and it is crucial to seek professional advice before making any investment decisions. Stay updated with the latest news and expert opinions to make informed choices in the dynamic world of the stock market.
If you want to leave a comment, then you need Login or Register





Other data for HON

Related data

HONAugust 3, 2025Invest in the Future with Honeywell International Inc.  ~1 min.

Honeywell International Inc. (HON) continues to lead the way in innovation and technological advancement, making it a top choice for investors looking to secure their future....


HONJuly 3, 2025QuantWave Successfully Hits Price Target for Honeywell International Inc. with 12.84% Profit  ~1 min.

QuantWave, the automated forecasting platform, achieved another milestone as it accurately predicted the price movement of Honeywell International Inc. stock....


HONJuly 3, 2025Profit Achievement Alert! Honeywell International Inc. Hits Price Target Forecast with 13.5% Gain  ~1 min.

QuantWave's forecast for Honeywell International Inc. (HON) has surpassed expectations as the stock reached the predicted price target with a significant gain of 13.5%....


HONJuly 3, 2025QuantWave Forecasting Success: Honeywell International Inc. Hits Price Target with 12.78% Profit  ~1 min.

On May 5, 2025, QuantWave's forecasting system signaled a long position for Honeywell International Inc. as its stock traded at $213.16. Fast forward to July 3, 2025, the predicted target price of $240....


HONJuly 1, 2025QuantWave Hits Bullseye on Honeywell International Inc. with 16.13% Profit  ~1 min.

QuantWave, the cutting-edge automated forecasting platform, has once again demonstrated its accuracy with a successful prediction on Honeywell International Inc....


HONJuly 1, 2025QuantWave Successfully Predicts 17.71% Profit in HONEYWELL INTERNATIONAL INC. Stock  ~1 min.

On October 29, 2024, QuantWave, an automated forecasting platform, issued a long signal for HONEYWELL INTERNATIONAL INC. stock with a price target of 238.77 USD....


HONJuly 1, 2025QuantWave Successfully Predicts 12.06% Profit for Honeywell International Inc. Stock  ~2 min.

QuantWave, the automated forecasting platform, has once again demonstrated its effectiveness in predicting stock movements, achieving a remarkable 12....


HONJuly 1, 2025QuantWave Achieves 12.15% Profit Target for Honeywell International Inc. Stock  ~1 min.

On July 23, 2024, QuantWave, the automated forecasting platform, issued a long signal for Honeywell International Inc. (HON) with a price target of $238.77....


HONJuly 1, 2025QuantWave Successfully Hits Price Target Forecast for Honeywell International Inc. Stock with 10.47% Profit  ~1 min.

QuantWave, the cutting-edge automated forecasting platform, has achieved another milestone with the successful prediction of Honeywell International Inc. stock reaching its price target....


HONJuly 1, 2025QuantWave Achieves 9.05% Profit Target Forecast for Honeywell International Inc.  ~1 min.

On October 22, 2024, QuantWave, the automated forecasting platform, issued a price target forecast for Honeywell International Inc. (HON) with a signal to go long at a price of 218.96 $....


AZNFebruary 2, 2025Shareholders of AstraZeneca PLC Should Contact Levi Korsinsky Before February 21 2025 to Discuss Your Rights  ~2 min.

It has come to light that shareholders of AstraZeneca PLC (AZN) are urged to contact Levi Korsinsky, a renowned law firm specializing in securities litigation, before February 21, 2025, to discuss their rights. AstraZeneca PLC, a global pharmaceutical company, has been facing potential legal implications due to recent developments in the industry. Levi Korsinsky is currently investigating possible...


EQNRNovember 18, 2024Equinor ASA: Successful Second Quarter 2024, Promising Dividend, and Strong Market Performance  ~2 min.

Equinor ASA, the leading energy company, has recently reported excellent performance in the second quarter of 2024....


APDDecember 14, 2024Air Products and Chemicals Inc. Faces Activist Challenge, Calls for Board Overhaul  ~2 min.

Air Products and Chemicals Inc. (NYSE: APD) is facing a significant challenge from activist investor Mantle Ridge, who is demanding a complete overhaul of the company's board and criticizing the CEO....


CNQJanuary 23, 2025Canadian Natural Resources Limited Cautions Investors Regarding TRC Capitals Below Market Mini-Tender Offer  ~1 min.

Canadian Natural Resources Limited, a leading oil and gas company, has issued a cautionary statement to its investors regarding a below-market mini-tender offer from TRC Capital....


BLKJanuary 15, 2025BlackRock Inc. Sees Increase in Shares Acquired by PFW Advisors LLC  ~1 min.

PFW Advisors LLC has acquired 2504 shares in BlackRock Inc., a leading investment management company....