Honeywell Aerospace Inc. (HONA)
NASDAQ (NGS) NASDAQ (NGS) Primary Summary
HONA: The Spin-Off Story the Market Is Reading Wrong
In an earnings season where many companies delivered standout results, Honeywell Aerospace NASDAQ: HONA stood out for the wrong reasons. The company delivered its first earnings report as a stand-alone company, and the results were underwhelming.
Honeywell Aerospace Tumbles on Disappointing Debut Report, but Bull Case Remains Intact
Honeywell Aerospace (NASDAQ:HONA) had a rough debut as a standalone public company.
Honeywell Aerospace stock sinks 20% after guidance cut clouds outlook
Honeywell Aerospace HONA shares plunged about 20% on Thursday after the newly independent aerospace and defense supplier reported weaker-than-expected second-quarter results and sharply reduced its full-year guidance, raising fresh concerns over execution and supply chain challenges. The company, which completed its separation from Honeywell Technologies in June, reported second-quarter revenue of $4.52 billion, up 5% from a year earlier but below Wall Street's expectation of $4.6 billion.
Honeywell Aerospace Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 12,287 | $2.72M | $2.63M | -$88,589.31 | -3.26% |
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 1,618 | $356,267.42 | $334,505.34 | -$21,762.08 | -6.11% |
 Tom McDonald Richards, MERRILL & PETERSON Inc. | 3,032 | $670,326 | $626,835.71 | -$43,490.29 | -6.49% |
| BN Beth Nauman UNIVEST FINANCIAL Corp. | 1,600 | $353,728 | $269,615.98 | -$84,112.02 | -23.78% |
 Dodge & Cox Dodge & Cox Funds | 4,009 | $886,310 | $672,710.2 | -$213,599.8 | -24.1% |
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Honeywell Aerospace Inc. Profile
| Aerospace & Defense Industry | Industrials Sector | James Currier CEO | NASDAQ (NGS) Exchange | 43849R105 CUSIP |
| US Country | 30,000 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Honeywell Aerospace, Inc. is a prominent player in the aerospace and defense industry, specializing in critical systems and technologies essential for aircraft and defense applications. Founded in 1914 and headquartered in Phoenix, AZ, the company has established itself as a leader in innovation and reliability within the aerospace sector. The organization is structured into three primary segments: Electronic Solutions, Engines & Power Systems, and Control Systems, each focusing on delivering advanced solutions that enhance operational efficiency and safety in aviation.
Products and Services
- Electronic Solutions
This segment provides a wide range of aerospace electronic systems and technologies. Key offerings include:
- Avionics: Advanced electronic systems that play a critical role in navigation, communication, and monitoring, ensuring safe and efficient flight operations.
- Navigation Sensors: Devices that enhance the accuracy and reliability of aircraft navigation, enabling pilots to effectively manage flight paths.
- Electromagnetic Defensive Solutions: Technologies designed to protect aircraft from potential threats through advanced electronic warfare systems.
- Engines & Power Systems
This segment focuses on the manufacturing of propulsion systems and power solutions including:
- Propulsion Systems: Complex engines designed to deliver optimal thrust and efficiency for various types of aircraft, supporting commercial, military, and business aviation needs.
- Auxiliary Power Units (APUs): Compact power units that provide energy for aircraft systems when the engines are not running, ensuring reliability and power availability during ground operations.
- Electric Power Solutions: Cutting-edge systems that generate and manage electrical power for aircraft systems, contributing to enhanced energy efficiency and sustainability.
- Control Systems
This segment supplies crucial components that contribute to aircraft functionalities, including:
- Thermal Control Systems: Essential systems that regulate temperature within the aircraft, ensuring both passenger comfort and equipment functionality.
- Motion Control Systems: Technologies that manage the movement of various aircraft components, enhancing flight dynamics and control precision.
- Life Support Systems: Critical systems that maintain the safety and health of passengers and crew, ensuring proper atmospheric conditions within the aircraft.
