Honeywell Intl Inc Stock Price, News & Analysis

Honeywell (NASDAQ: HON) has announced the future Board of Directors for Solstice Advanced Materials, its upcoming specialty materials spin-off company scheduled for Q4 2025. The 10-person board will be led by Dr. Rajeev Gautam as Independent Chair, alongside David Sewell as President and CEO.

Solstice will be positioned as a pure-play specialty materials company with leading market positions in refrigerants, semiconductor materials, protective fibers, and healthcare packaging solutions. The strategically diverse board includes experienced leaders from industrial, technology, chemicals, and materials sectors, featuring executives from prominent companies such as 3M, Marathon Petroleum, Alcoa, and Baker Hughes.

Honeywell (NASDAQ: HON) has filed a Form 10 registration statement with the SEC for the planned spin-off of Solstice Advanced Materials, marking a significant milestone in creating an independent specialty materials company. The spin-off is expected to complete in Q4 2025, with Solstice trading under the ticker symbol "SOLS" on Nasdaq.

Solstice generated $3.8 billion in net sales and $1.1 billion in adjusted EBITDA in 2024. The company will operate through two segments: Refrigerants & Applied Solutions ($2.7B net sales) and Electronic & Specialty Materials ($1.0B net sales). With 3,900 employees and 21 manufacturing sites, Solstice will focus on refrigerants, semiconductor materials, protective fibers, and healthcare packaging solutions.

An Investor Day is scheduled for October 8, 2025, in New York City to detail the company's growth strategy and financial model.

Honeywell (NASDAQ: HON) has announced its participation in two major investor conferences in September 2025. CFO Mike Stepniak will present at the Jefferies Industrials Conference in New York on September 4, while CEO Vimal Kapur will present at the Morgan Stanley Laguna Conference in California on September 10.

The company, which focuses on automation, aviation future, and energy transition, will provide real-time audio webcasts of both presentations through their investor relations website. Presentation materials will be available beforehand, and replay access will be maintained for 30 days following the events.

Honeywell (NASDAQ: HON) announced the acquisition of three utility platforms from SparkMeter, Inc., expanding its Smart Energy portfolio. The acquired platforms include Praxis (data analytics platform), GridScan (grid performance monitoring software), and GridFin (financial management application).

The integration enhances Honeywell Forge Performance+ for Utilities, providing advanced tools for grid modernization and asset optimization. This tuck-in acquisition follows Honeywell's strategic transformation, including planned spin-offs of Aerospace Technologies and Solstice Advanced Materials businesses, and approximately $14 billion in recent accretive acquisitions.

Resideo Technologies (NYSE: REZI) has finalized a significant transaction with Honeywell International (NASDAQ: HON) to eliminate all future monetary obligations under their Indemnification and Reimbursement Agreement from 2018. The deal involves a one-time cash payment of $1.59 billion to Honeywell, terminating Resideo's obligation to make annual payments of up to $140 million through 2043.

The transaction eliminates all affirmative and negative covenants under the Indemnification Agreement while maintaining other agreements, including Resideo's long-term license to use the Honeywell Home brand.

Resideo Technologies (NYSE: REZI) announced plans to separate its ADI Global Distribution business through a tax-free spin-off to shareholders, creating two independent public companies by the second half of 2026. The Products & Solutions (P&S) business will retain the Resideo name, while ADI will become independent.

Key financial metrics show P&S generated $2.6 billion in revenue with 24.2% adjusted EBITDA margin, while ADI delivered $4.5 billion in revenue with 7.5% adjusted EBITDA margin for the twelve months ended March 29, 2025. Additionally, Resideo announced a $1.59 billion one-time payment to Honeywell to eliminate future obligations under their Indemnification Agreement.

The company also expects to exceed its Q2 2025 outlook across all metrics, with anticipated cash position of $750 million as of June 28, 2025.

Resideo Technologies (NYSE: REZI) has announced a transformative agreement with Honeywell to settle all future obligations under their 2018 Indemnification and Reimbursement Agreement. The company will make a one-time payment of $1.59 billion in Q3 2025, eliminating annual payments of up to $140 million through 2043.

The agreement will be financed through $400 million in cash-on-hand and new senior secured debt financing from J.P. Morgan and Wells Fargo. Separately, Resideo announced plans for a tax-free spin-off of its ADI Global Distribution business. The company also expects to exceed its Q2 2025 guidance, with total cash of approximately $750 million as of June 28, 2025.

Honeywell (NASDAQ: HON) has announced its Board of Directors has declared a quarterly dividend of $1.13 per share on the company's common stock. The dividend will be paid on September 5, 2025, to shareholders of record as of August 15, 2025.

Honeywell (NASDAQ: HON) reported strong Q2 2025 results, with sales of $10.4 billion, up 8% reported and 5% organic year-over-year. The company achieved earnings per share of $2.45 and adjusted EPS of $2.75, exceeding guidance. Key highlights include:

The company raised its full-year 2025 guidance, now expecting sales of $40.8-41.3 billion and adjusted EPS of $10.45-10.65. Significant portfolio changes include the $2.2 billion Sundyne acquisition, announced £1.8 billion acquisition of Johnson Matthey's Catalyst Technologies, and completed $1.3 billion sale of PPE business.

Honeywell is progressing with its transformation plans, including the separation into three public companies through the spin-off of its Advanced Materials business (targeted for Q4 2025) and the separation of Automation and Aerospace businesses (expected H2 2026).