Honeywell International Inc.'s Stock Analysis

Honeywell Announces Leadership for Aerospace Spin-off Completion

Honeywell International has appointed Jim Currier as the President and Chief Executive Officer of Honeywell Aerospace, which will become an independent, publicly traded company following its planned spin-off expected in the second half of 2026. Craig Arnold has been selected to serve as the non-executive Chairman of the Board of Directors for Honeywell Aerospace and will join Honeywell's Board of Directors immediately. Honeywell Aerospace is positioned to be one of the largest publicly listed pure-play aerospace suppliers, with projected sales exceeding $15 billion in 2024.

The spin-off is part of Honeywell's strategy to enhance its business focus and operational efficiency. The company has previously announced plans for the separation of its Aerospace Technologies business, which follows the recent spin-off of its Advanced Materials business. The completion of the spin-off is contingent on customary conditions, including regulatory approvals and final board approval, and is expected to provide Honeywell Aerospace with greater flexibility to pursue growth opportunities and optimize capital allocation.

Nov 03, 2025 16:27:57

Honeywell Completes Spin-Off of Advanced Materials Business

Honeywell International Inc. has successfully completed the spin-off of its Advanced Materials business, now known as Solstice Advanced Materials Inc. This spin-off was executed through a pro rata distribution of shares, with Honeywell stockholders receiving one share of Solstice Common Stock for every four shares of Honeywell Common Stock they held as of October 17, 2025. Solstice Common Stock began trading on the Nasdaq under the ticker symbol 'SOLS' on October 30, 2025, while Honeywell continues to trade under 'HON'.

Following the spin-off, Honeywell no longer owns shares in Solstice Advanced Materials and will not consolidate its financial results. The separation is part of Honeywell's strategy to create three independent companies, with the next separation of its Automation and Aerospace businesses expected to be completed in the second half of 2026. Stockholders will receive cash for any fractional shares of Solstice Common Stock that would have been allocated to them.

Oct 30, 2025 07:03:17

Honeywell Reports Q3 2025 Earnings and Raises Guidance

Honeywell International announced its third quarter 2025 earnings, reporting sales of $10.4 billion, a 7% increase year-over-year, and organic sales growth of 6%. Earnings per share were $2.86, reflecting a 32% year-over-year increase, while adjusted earnings per share rose 9% to $2.82. The company experienced a 22% increase in orders, particularly in Aerospace Technologies and Energy and Sustainability Solutions. Honeywell also raised its full-year guidance for organic growth and adjusted earnings per share, considering the upcoming spin-off of its advanced materials business.

The company is progressing with its planned separation into three public companies, with the spin-off of Solstice Advanced Materials set for October 30, 2025. Honeywell's operating income decreased by 6%, and segment profit increased by 5% to $2.4 billion. Operating cash flow rose 65% year-over-year to $3.3 billion, while free cash flow decreased by 16% to $1.5 billion. The updated guidance for full-year sales is projected between $40.7 billion and $40.9 billion, with segment margin expected to be between 22.9% and 23.0%.

Oct 23, 2025 06:05:17

Honeywell Announces Business Segment Realignment and Aerospace Spin-Off

Honeywell International Inc. has announced a realignment of its business segments, set to take effect in the first quarter of 2026. This change will create a new reportable business segment called Process Automation and Technology, which will incorporate parts of the current Energy and Sustainability Solutions and Industrial Automation segments. The new reporting structure will consist of Aerospace Technologies, Building Automation, Industrial Automation, and Process Automation and Technology, while maintaining other operations under Corporate and All Other. Historical financial results will be made available in alignment with this new structure, but there will be no restatement of previously issued financial statements.

The company is also on track to spin off its Aerospace Technologies business in the second half of 2026, which is expected to become a major independent aerospace supplier. Following the spin-off, Honeywell will focus on its remaining business segments, which are aimed at enhancing productivity and driving digital transformation across various industries. Leadership roles will remain unchanged post-spin-off, with Vimal Kapur continuing as Chairman and CEO. The planned separation is intended to be tax-free for U.S. federal income tax purposes.

Oct 22, 2025 16:16:51

Honeywell Announces Spin-Off of Solstice Advanced Materials

Honeywell International has announced that its Board of Directors has approved the spin-off of its Advanced Materials business, Solstice Advanced Materials, which is set to become an independent publicly traded company. The spin-off will involve a pro rata distribution of Solstice common stock to Honeywell shareholders, with one share of Solstice stock for every four shares of Honeywell stock held as of October 17, 2025. The distribution is scheduled for October 30, 2025, and is contingent upon the satisfaction of certain conditions outlined in a Separation and Distribution Agreement filed with the SEC.

In conjunction with the spin-off, Ms. Rose Lee will resign from Honeywell's Board of Directors effective immediately prior to the spin-off. Solstice is expected to begin trading on the Nasdaq under the ticker symbols

Oct 16, 2025 07:03:27

Honeywell Divests Legacy Asbestos Liabilities for $1.68 Billion

Honeywell International Inc. has divested its legacy asbestos liabilities, including all Bendix asbestos liabilities, to Delticus for approximately $1.68 billion. This transaction involved both cash and insurance assets related to these liabilities, with Delticus assuming full responsibility for managing current and future claims. The divestiture is expected to enhance Honeywell's annual free cash flow by over $100 million in the coming years and aligns with the company's strategy to simplify its portfolio and focus on core growth areas.

The divestiture will result in a one-time after-tax loss of around $115 million, which will be excluded from Honeywell's adjusted earnings per share. With this transaction, Honeywell will no longer have financial exposure to the transferred asbestos liabilities, allowing the company to redeploy capital towards its growth priorities. The divestment is part of Honeywell's broader plans for separation into three independent companies, expected to be completed in the second half of 2026.

Oct 01, 2025 16:22:57

Honeywell Announces Spin-Off and Senior Notes Offering Details

Honeywell International Inc. has set a record date of October 17, 2025, for the spin-off of its Advanced Materials business, which will operate as Solstice Advanced Materials Inc. Eligible shareholders will receive one share of Solstice common stock for every four shares of Honeywell common stock they own as of the record date. The distribution is expected to take place on October 30, 2025, and Solstice is anticipated to begin trading on the Nasdaq under the ticker symbol 'SOLS' on the same day. The completion of the spin-off is subject to certain conditions being met.

Additionally, Solstice has successfully completed a $1 billion senior notes offering with a 5.625% interest rate, maturing on September 30, 2033. The proceeds will be held in escrow until the spin-off conditions are satisfied. The notes will be guaranteed by certain domestic subsidiaries of Solstice and will pay interest semi-annually starting March 31, 2026. Solstice is also planning an Investor Day on October 8, 2025, to provide further insights into its business and growth prospects.

Oct 01, 2025 07:04:17

Honeywell Announces Spin-Off of Solstice Advanced Materials

Honeywell International Inc. has set a record date of October 17, 2025, for the spin-off of its Advanced Materials business, which will become an independent company named Solstice Advanced Materials Inc. Eligible shareholders will receive one share of Solstice common stock for every four shares of Honeywell common stock they own as of the record date. The distribution is expected to take effect on October 30, 2025, with Solstice shares beginning to trade on Nasdaq under the ticker symbol 'SOLS'. This spin-off is contingent upon certain conditions being met, including the formal declaration of the distribution by Honeywell's Board of Directors.

Additionally, Solstice has successfully completed a $1 billion senior notes offering, with notes bearing an interest rate of 5.625% due in 2033. The proceeds will be held in escrow until the spin-off conditions are satisfied. Solstice's first interest payment is scheduled for March 31, 2026. The notes are senior unsecured obligations, and their terms include restrictions on additional indebtedness and other financial activities. Solstice will also host an Investor Day on October 8, 2025, to discuss its business operations and growth prospects.

Oct 01, 2025 07:04:17

Honeywell Announces Spin-Off Details for Solstice Advanced Materials

Honeywell International Inc. has set a record date of October 17, 2025, for the spin-off of its Advanced Materials business into a new entity named Solstice Advanced Materials Inc. Shareholders of Honeywell will receive one share of Solstice common stock for every four shares of Honeywell common stock held as of the record date. The distribution is expected to take effect on October 30, 2025, with Solstice trading on Nasdaq under the ticker symbol 'SOLS'. This transaction is subject to certain conditions being met.

Additionally, Solstice has completed a $1 billion senior notes offering with a 5.625% interest rate, maturing on September 30, 2033. The proceeds will be held in escrow until the spin-off conditions are satisfied. Solstice is expected to pay interest on these notes starting March 31, 2026. Investors are advised to consult financial advisors regarding the implications of trading Honeywell shares before the distribution date, as there will be two trading markets for Honeywell shares during this period.

Oct 01, 2025 07:04:17

Honeywell Appoints New CEO for Industrial Automation Segment

Honeywell International Inc. has announced the appointment of Mr. Peter Lau as the new President and CEO of its Industrial Automation segment, effective October 15, 2025. Mr. Lau, age 46, will report to Chairman and CEO Mr. Vimal Kapur. He will succeed Mr. Lucian Boldea, who is set to leave the company on August 31, 2025.

Mr. Lau brings significant experience to the role, having previously served as President and CEO of FARO Technologies from July 2023 until October 2025, and as President of Honeywell’s Security, Fire and Electrical Products businesses from January 2018 to August 2020. His background also includes senior leadership positions at Hubbell, General Electric, and Catalyst Nutraceuticals. Mr. Lau holds a B.S. degree in Business Administration from Northeastern University.

Aug 22, 2025 16:58:24