Honeywell Announces Three-Way Split, Stock Falls | Global News Avenue

Honeywell International (honor) said Thursday it will be divided into three independent companies, becoming the latest outstanding conglomerate to plan to break up.

Honeywell’s stock has been undergoing a strategic review of its business, launching volatility in listing and trading, reversing early earnings of more than 2%.

The group said it plans to separate its Aerospace Department from its automation business and will continue Plan to remove its high-end material arms. The company said the goal was to create three independent public companies, including a simplified strategic focus, and to improve financial flexibility. Breakthroughs in automation and aviation businesses will be completed in the second half of 2026.

“The establishment of three independent industry-leading companies builds on the strong foundation we have created, positioning each company to pursue tailored growth strategies and opening up immense value for shareholders and clients,” said Dr. CEO (CEO) Vimal Kapur said, adding that the two companies have “a rich pipeline of strategic bolt acquisition targets”.

Honeywell project adjusts EPS earnings by 2%-6% next year

The announcement comes after GE’s completion last year Three ways to break up also pressure From activist investor Elliott investment management Honeywell to split. Elliott’s partner Marc Steinberg and managing partner Jesse Cohn supported the split plan Thursday, saying in a Honeywell press release that The company’s breakup will provide “valuation room for rising valuations”.

Honeywell reported different results in the fourth quarter. Its fourth-quarter revenue was $10.1 billion, up 7% year-on-year and adjusted Earnings per share (EPS) The estimated value of $2.47 is $2.47. However, earnings per share was $1.96. Honeywell said adjusted earnings per share is expected to rise 2% to 6% in 2025 between $10.10 and $10.50.

“Wall Street Journal” Before Reported the breakup plan. Its report says GE’s aerospace, energy and health care divisions are now trading separately, with market value almost four times that of GE before the breakup. Honeywell’s shares have risen 15% over the past year to Thursday.