Activist investor Elliott Management has taken a stake in Honeywell, sparking concerns about potential changes at the conglomerate. The move is seen as a bet that something is amiss within the company, with some speculating about possible issues related to governance or strategy.

Source: https://www.bloomberg.com/news/newsletters/2024-11-12/activist-elliott-bets-that-all-s-not-well-at-honeywell