Honeywell International Inc (NASDAQ:HON) announced plans to split into three independent companies following pressure from activist investor Elliott Management.
Honeywell International (HON) said Thursday it will split into three independent companies, becoming the latest storied conglomerate to plan a breakup.
Honeywell International Inc. (HON) came out with quarterly earnings of $2.47 per share, beating the Zacks Consensus Estimate of $2.31 per share. This compares to earnings of $2.60 per share a year ago.
Honeywell announces a plan to break into three companies. It also reports solid fourth-quarter earnings.
Honeywell plans to split into three separate companies, The Wall Street Journal reported on Thursday, news that sent shares surging.
Honeywell International is preparing to split into three independent companies, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
HON's fourth-quarter results are likely to benefit from strength across its businesses. Weakness in warehouse automation and high costs and expenses are expected to have been spoilsports.
Beyond analysts' top -and-bottom-line estimates for Honeywell International (HON), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Honeywell International (HON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Honeywell's growth is driven by strong backlogs and exposure to megatrends in aviation, automation, and energy transition, supporting a buy rating. The company's Aerospace and Building Automation segments benefit from increasing global flight hours and digitalization trends, respectively. Margin improvements are expected from operating leverage, cost-saving initiatives, and easier year-over-year comparisons.
Honeywell International Inc. (HON) closed at $221.51 in the latest trading session, marking a -1.84% move from the prior day.
Honeywell (HON) CEO Vimal Kapur sits down with Yahoo Finance Executive Editor Brian Sozzi at the 2025 World Economic Forum in Davos, Switzerland, to discuss navigating running the company as it has been in the headlines amid activist investor pressure, spinning off its chemical segment, and its business structure. "The biggest change I'm driving is how we make it a growth-oriented company, and part of that is how we transform our portfolio so that it naturally pivots toward end market products, which are growth-oriented, but also change our own capabilities on new product development innovation," Kapur tells Yahoo Finance.