In calling for the breakup late last year, Elliott pointed to the runaway success of General Electric since it completed a three-way split in 2024.GE’s aerospace, energy and healthcare units are now stand-alone businesses that,

Honeywell International is trying to pull a GE, breaking up into three companies to try to unlock shareholder value. Honeywell, the industrial conglomerate, also reported fourth-quarter numbers on Thursday.

Honeywell International Inc. will split into separate publicly traded companies following pressure from an activist investor, the latest in a line of industrial conglomerates seeking a more streamlined portfolio.

Honeywell International is preparing to split into three independent companies, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Honeywell plans to separate its aerospace division from its automation business and move ahead with plans to spin off its advanced materials arm,