Honeywell International Inc. (HON)
Honeywell Stock Rises. It Mulls Spin-Off Weeks After Activist Called for Breakup.
Last month, Elliott Investment Management advised some changes for the industrial conglomerate.
Honeywell exploring aerospace-unit sale during a boom time and its shareholder activist is pleased
Honeywell draws support for a strategic review from Elliott management as airlines and defense sectors scale up.
HON's Cockpit Technologies to Boost Avianca's Operational Efficiencies
Avianca selects Honeywell's avionics and mechanical systems portfolio to enhance the operational performance and efficiency of its Airbus A320neo fleet.
Chart Master: Honeywell is a buy
Carter Worth, Worth Charting, joins 'Fast Money' to talk the technical trade on Honeywell.
Trade Tracker: Kevin Simpson buys more Honeywell
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to explain why he's buying more Honeywell.
Honeywell to Enhance Automation Efficiency at Melton Hospital
Melton Hospital selects HON to manage its building automation systems and enhance energy efficiency.
Honeywell International Inc. (HON) Goldman Sachs Industrials and Materials Conference Transcript
Honeywell International Inc. (NASDAQ:HON ) Goldman Sachs Industrials and Materials Conference December 5, 2024 8:00 AM ET Company Participants Vimal Kapur - Chairman and Chief Executive Officer Conference Call Participants Joe Ritchie - Goldman Sachs Joe Ritchie Alright. Good morning, everybody and welcome to day two of the Industrials and Materials Conference.
Honeywell to sell personal protective equipment business for $1.33 billion
Honeywell said on Friday it would sell its personal protective equipment business to Protective Industrial Products for about $1.33 billion in cash.
Pick Honeywell Over 3M Stock?
Given its better valuation and prospects, we believe Honeywell stock (NYSE: HON) is currently a better pick than its sector peer, 3M stock (NYSE: MMM). HON stock trades at 22x forward expected earnings, versus 18x for MMM, and we think that this gap in valuation multiple will likely remain in favor of Honeywell, given its better revenue growth and profitability.
Here's Why You Should Retain Honeywell Stock in Your Portfolio
HON is poised to benefit from strength in its Aerospace Technologies unit, acquired assets and shareholder-friendly policies.
How Elliott Could Make Honeywell One Of The Hottest Industrial Stocks On The Market
Honeywell's potential breakup, driven by Elliott Management, could unlock 40%-64% shareholder value by separating aerospace and automation segments. Aerospace strength positions Honeywell for multi-decade growth, boosted by high-margin aftermarket sales and rising commercial and defense demand. Execution risks exist, including management cooperation and delays, while the current P/E ratio of 22.7x appears stretched without spin-off progress.
