Elliott Investment Management has taken a $5 billion stake in Honeywell (HON) – calling for the company to split up its aerospace and automation divisions. The firm argues that Honeywell’s conglomerate structure no longer works for the company, pointing to inconsistent financial results and a underperforming stock price over the past five years.

Yahoo Finance’s Seana Smith and Jared Blikre unpack the company's long-term performance and the rising restructuring trend that have also impacted companies like General Electric, which has split into GE Vernova (GEV), GE Healthcare (GEHC), and GE Aerospace (GE).

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This post was written by Cindy Mizaku.