In our view, Honeywell's underperformance to the market in recent years is largely due to its structure. When its aerospace business has performed well, its automation business (specifically its ...

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 ...

s board of directors on Nov. 12 calling for a simplification of the company’s conglomerate structure. Elliott is Honeywell’s largest active investor, having invested $5 billion in the company ...