HON approves its Aerospace spin-off plan, with the new public company set to launch June 29, 2026, reshaping its portfolio.
Honeywell International (HON) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Honeywell International Inc. (HON) Analyst/Investor Day Transcript
In the closing of the recent trading day, Honeywell International Inc. (HON) stood at $205.88, denoting a -4.55% move from the preceding trading day.
Honeywell (NASDAQ:HON | HON Price Prediction) fits a multi-decade hold thesis because it pairs a diversified, mission-critical industrial portfolio with a 27-year record of uninterrupted dividend growth, and the recent 10.04% one-week pullback to $213.97 marks a notable pullback for long-term investors ahead of the June 29, 2026 Aerospace spin-off.
HON sets June 29, 2026, for its Aerospace spinoff, detailing share distribution, new trading symbols and a planned reverse stock split.
Honeywell International Inc. (HON) Q4 2026 Guidance Call Transcript
Honeywell backed its full-year guidance as it looks to close a spinoff of its aerospace division.
Honeywell's Building Automation segment posts double-digit revenue growth in Q1, fueled by strong demand, rising orders and data center investments.
Honeywell International Inc. (HON) closed the most recent trading day at $217.64, moving 2.52% from the previous trading session.
Honeywell International Inc. (HON) closed the most recent trading day at $237.86, moving +2.09% from the previous trading session.
Honeywell International NASDAQ: HON is on track to complete its planned separation on June 29, the first day of the third quarter, Chief Financial Officer and Senior Vice President Mike Stepniak said at an investor conference.