Honeywell was one the first stocks we analyzed in our Spinoffs, Takeovers & Special Situations newsletter, which is part of our Inner Circle Pro service.
In 2017, the company came under activist pressure to improve shareholder value by spinning off its Aerospace business. It resisted that plan and decided instead to spin off two of its smaller businesses. Thanks to those plans—plus the improved outlook for Honeywell’s remaining businesses—the stock has gained 25% in the past year.
The company has now completed its first spinoff, and expects to complete the second by the end of October.
This is our special expanded update on Honeywell.
HONEYWELL INTERNATIONAL INC., $157.81 (New York symbol HON; Shares outstanding: 742.6 million; Market cap: $119.5 billion; www.honeywell.com) is a diversified technology firm operating through four main segments:
Aerospace (36% of its 2017 sales) makes a variety of equipment for commercial and military airplanes and helicopters, such as jet engines, aircraft control systems, and communications and navigation gear. This segment also…
Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
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