** Shares of Honeywell International HON.O down about 1% on Weds ahead of quarterly results due before the bell Thurs

** Industrial conglomerate seen posting Q4 adj EPS of $2.32, a 10.7% y/y decrease, on rev of $9.83 bln vs. $9.44 bln in Q4 2023, according to LSEG data

** HON has beaten or met EPS estimates every qtr going back to at least Q1 2019, per LSEG

** On Dec 16, co said it was considering spinning off its aerospace business, a move endorsed by activist investor Elliott Investment Management, which called for HON to be split in two on Nov 12.

** On Oct 24, HON projected annual sales below expectations as the company continued to struggle with persistent supply chain disruptions

** Of 27 analysts covering HON, 13 rate stock "buy" or stronger, remaining 14 recommend "hold"

** Median 12-mo PT of $240 up 7.4% from 3 mos ago. Stock last traded at $221.68

** HON shares now down nearly 2% YTD compared with the Dow's .DJI near 5% advance over the same time period

(Reporting by Stephen Culp)

((stephen.culp@thomsonreuters.com; 646-223-6076;))