The Honeywell logo is seen on a balloon at the Warsaw Institute of Aviation in Warsaw, Poland on 04 ... [+] October, 2024. The annual Aviation Night is an event to help promote engineering and showcase the world of aviation. (Photo by Jaap Arriens/NurPhoto via Getty Images)NurPhoto via Getty ImagesGiven 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 ...

Honeywell International Inc. (HON) has been benefiting from strength in its commercial aviation aftermarket business, driven by solid demand in the air transport and business aviation markets. In the third quarter of 2024, its commercial aviation aftermarket sales increased 8% year over year. Also, solid momentum in the commercial aviation original equipment business, backed by an improvement in build rates and an increase in air transport hours, has been favorable. In the third quarter, sales from this bus ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Analyst’s Disclosure: I/we have a beneficial long position in the shares of RTX, GE, LMT, NOC, LHX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fro ...

Honeywell International Inc (NASDAQ:HON) Baird Global Industrials Conference November 12, 2024 8:20 AM ET Company Participants Ken West - President and CEO, Energy and Sustainability Solutions Conference Call Participants Peter Arment - Baird Peter Arment Okay. Good morning, everyone. Thank you for joining us. My name is Peter Arment. I'm a senior aerospace defense analyst here at Baird. We're delighted to have Honeywell International with us. And with us from Honeywell, we have Ken West, who's the Presiden ...

Honeywell International Inc (NASDAQ:HON) Baird Global Industrials Conference November 12, 2024 8:20 AM ET Company Participants Ken West - President and CEO, Energy and Sustainability Solutions Conference Call Participants Peter Arment - Baird Peter Arment Okay. Good morning, everyone. Thank you for joining us. My name is Peter Arment. I'm a senior aerospace defense analyst here at Baird. We're delighted to have Honeywell International with us. And with us from Honeywell, we have Ken West, who's the Presiden ...

(Photo credit should read ROSLAN RAHMAN/AFP via Getty Images)AFP via Getty ImagesDeal Overview On November 12, 2024, Activist investor Elliott Investment Management LP (Elliott) stated in a letter addressed to Honeywell’s Board of Directors that it wants Honeywell International Inc. (NYSE: HON, $233.07, Market Capitalization: $151 billion) to spin-off its Aerospace Technologies (AT) business. In the letter, Elliott revealed that it has acquired a stake worth $5.0 billion in Honeywell, one of its largest in ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

KEY TAKEAWAYSHoneywell International shares jumped Tuesday to an all-time high, after Elliott Investment Management said it has built a $5 billion-plus position in the industrials conglomerate and is seeking a breakup of the company.Elliott said in a statement that it had sent a letter to Honeywell's board of directors seeking separations of the aerospace and automation businesses as standalone companies.General Electric's three-way split earlier this year has resulted in shares of the companies spun off su ...

The Honeywell International sign sits outside of the company's former global headquarters in Morristown, New Jersey.Activist investor Elliott Management has a $5 billion-plus stake in Honeywell, and it is pushing the industrial conglomerate to break itself up into two companies.Elliott believes that Honeywell should divide itself along its two primary business lines — Aerospace, which supplies engines and avionics to the military and commercial users, and Automation,  which is a supplier of sensors and cont ...

Honeywell is an iconic pillar of the American industrial complex and remains a world-class company with market-leading assets, Elliott wrote. But uneven execution, inconsistent financial results and an underperforming share price have diminished the Company's strong record of value creation over the last five years. The conglomerate structure that once suited Honeywell no longer does, and the time has come to embrace simplification. In order to realize its full potential, Elliott recommended that Honeywell ...