Honeywell Gives Shareholders Another Reason to Like the Stock Ahead of Its Breakup

Honeywell gives shareholders another reason to like the stock ahead of its breakup

Shares on Tuesday were on track for a record close after the industrial conglomerate said it is re-evaluating what to do with two lagging businesses.

Honeywell to review alternatives for two businesses ahead of 2026 split

(Reuters) -Honeywell said on Tuesday it would evaluate strategic alternatives for two of its businesses that serve the transportation and logistics industries as the industrial giant prepares for its three-way split.

HONEYWELL TO EVALUATE STRATEGIC ALTERNATIVES FOR PRODUCTIVITY SOLUTIONS AND SERVICES AND WAREHOUSE AND WORKFLOW SOLUTIONS BUSINESSES

Honeywell continues to simplify and optimize its business as part of a portfolio evaluation initiated in early 2024Following the planned separations, Honeywell will become a pure-play automation business focused on building automation, process automation and technologies and industrial automationIndustry veteran…