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Jesse Cohn

Jesse Cohn

Managing Partner, Elliott Investment Management

Appears in 1 story

Stories

Honeywell dismantles its conglomerate, spinning aerospace into a standalone company

Money Moves

Key architect of the activist campaign that triggered the breakup

Honeywell has been a conglomerate for over a century, bundling aerospace engines, building thermostats, and specialty chemicals under one corporate roof. On March 3, 2026, it filed the paperwork to end that era, registering its $17.4 billion aerospace division as an independent company that will trade on Nasdaq under the ticker HONA. The filing is the second of three planned separations that will split Honeywell into entirely distinct publicly traded companies by late 2026.

Updated Mar 3