You all are so annoying making up fake news and misinformation. HON is performing well in the market, the businesses (except IA) are rocking and rolling and industries are doing great. Outlook is strong and so long you are creating value for the enterprise your job is safe. Stop living in fear. Stop being annoying. Stop being tools.
BE MORE
@1bfc+1vnVVjga (third from the bottom) was dead on with his comments. Elliot specifically spoke about stock price over 5 years. Most HON employees are buy and hold investors in 401(k) so the commenter who highlighted a 20% 12 month return is cherry picking a time period where HON looks better. It's still 4% average over 5 years. I'm guessing the guy is an HR troll. A finance guy or even an engineer would spot the BS.
honeywell treated me badly enough that i go out of my way to let people know. when counselling new engineers at the florida college where i work i use honeywell as the example of why you should have your own company rather than work for a corp. i show the real retirement pension predictions from the yr by yr career of my friend who stayed.. and how it was half what was promised. i show real paychecks and the impact of medical insurance with $8,000 deductibles. i even show how 9 blocks really work from my time as a manager.
heck... i will tell old ladies at wallmart to skip that air purifier and fan.
so yeah... there are mental health consequences to falsified pips, layoffs, and mistreated employees. i guess you could say angry employees are honeywells most enduring product.
PS. looking forward to retiring from teaching engineering soon and FRS retirement beats honeywell hands down... cost of living adjustments anyone?
yeah were you out of your mind when you posted this? Slander LOL What are you on? I want some.
Well this post didn't age well.
Elliott Calls for Breakup of Honeywell—One of the Last Conglomerates
Activist investor amasses $5 billion stake and recommends separation of aerospace and automation arms.
From the WSJ article: "But Honeywell’s share price has underperformed the broader market more recently, leaving the roughly $130 billion giant vulnerable to an activist campaign. And Elliott is calling for big changes: It is recommending Honeywell separate its aerospace and automation businesses. Honeywell shares rose about 5% early Tuesday on the news."
honeywell makes money by acquiring businesses and bleeding them dry.
12-mo return: S&P just under 40%, HON just under 20%. Humming all right.
Stop the Slander? Why don't you think about HON as a business? In the last 5 years, its stock price has increased a little over 20%. That's 4% on average per year. Take a look at other diversifieds, they are doing some much better over 5 years. Look up the aerospace companies like RTX or GE Aero. Look at S&P500 over the same period. HON is at the bottom of the pack whenever you plot them against our competitors. We were told to "make the numbers", well we did most times. But the last two CEOs priorities such as dumping non-core businesses as well as becoming a software company has left us behind the pack. Aren't you tired of looking forward and only seeing the backside of our competitors?
"the businesses (except IA) are rocking and rolling and industries are doing great"
If you actually looked at the last two earnings reports, the only business that is even close to 'rocking' is Aero. The others, not so much. That is mostly because Aero is still mostly riding the Covid-rebound wave, not due to any talents of Aero's leadership.
"so long you are creating value for the enterprise your job is safe"
This is a patently and provably false statement.
I think you need to go for a walk, get some fresh air. It is not healthy obsessing about an insignificant forum on the internet. I could understand if you got laid off, piped, bullied, exposed to horrendous management etc and wanted to vent, that is understandable.
But to spend all your time here getting angry at every post that is negative of Honeywell on a layoff forum...that it is well....not sure how to say it. A mental health issue maybe?