Honeywell Intl Inc Stock Price, News & Analysis

Hudson County, N.J., has partnered with Honeywell (Nasdaq: HON) to create a smart community strategic plan. This initiative aims to boost resident engagement, enhance community resilience, improve public safety, and optimize traffic management. The project represents one of the first smart county initiatives in the U.S., focusing on modernizing infrastructure for sustainability and efficiency.

The plan includes developing a strategic outline and pursuing federal grants for funding. Key objectives are to streamline county operations, enhance service delivery, and prepare for future demands like fleet electrification, ultimately enhancing the quality of life for residents.

Honeywell (NASDAQ: HON) announced its involvement in two major investor conferences in March 2023. The first presentation will take place at the J.P. Morgan Industrials Conference in New York City on March 14, featuring CEO Darius Adamczyk and COO Vimal Kapur, scheduled from 8:00 a.m. to 8:40 a.m. EDT. The second event is the BofA Global Research Global Industrials Conference in London on March 21, with Honeywell Aerospace CEO Mike Madsen presenting from 8:00 a.m. to 8:40 a.m. GMT (4:00 - 4:40 a.m. EDT). Webcasts will be available live and can be accessed for 30 days post-presentation on Honeywell's Investor Relations website.

On February 13, 2023, Honeywell (NASDAQ: HON) announced an upcoming live leadership webcast for investors focused on decarbonization. The event will take place on March 6, 2023, from 10:00 a.m. - 10:45 a.m. EST. Featured speakers include Anne Madden, Suresh Venkatarayalu, Evan van Hook, and Gavin Towler. The discussion will be moderated by Savita Subramanian and Andrew Obin from Bank of America. A live webcast and related materials will be accessible on Honeywell’s Investor Relations website, with a replay available for 30 days post-event.

Honeywell (NASDAQ: HON) has scheduled its 2023 Annual Shareowners Meeting for May 19, 2023, at 10:30 a.m. EDT, to be held virtually. Shareowners of record by March 24, 2023, will be eligible to vote. The meeting will address Honeywell's industry-specific solutions, which include aerospace products, building technologies, and performance materials aimed at enhancing connectivity and sustainability.

The company emphasizes its commitment to advancing technologies that improve safety and efficiency across various sectors. More information is available on Honeywell's official website.

Honeywell has declared a quarterly dividend of $1.03 per share on its common stock. This dividend will be paid on March 10, 2023, to shareholders on record as of February 24, 2023. The decision reflects Honeywell's commitment to providing returns to its investors while supporting its diverse portfolio of industry-specific solutions, including aerospace and building technologies. Such actions may signal strong operational performance and confidence in future growth.

Honeywell (NASDAQ: HON) announced its participation in two investor conferences in Miami, Florida, on February 21 and 22, 2023. Senior Vice President and CFO Greg Lewis will present at Citi's Global Industrial Tech and Mobility Conference on February 21, from 8:00 a.m. to 8:40 a.m. EST, and at the Barclays Industrial Select Conference on February 22, from 8:00 a.m. to 8:30 a.m. EST. Real-time audio webcasts of both presentations will be available at honeywell.com/investor, along with related materials and a 30-day replay option.

Honeywell reported fourth-quarter sales of $9.2 billion, a 6% increase year-over-year, with organic sales up 10%. Fourth-quarter earnings per share were $1.51, down 26% YoY, but adjusted EPS rose 21% to $2.52. Full-year operating cash flow reached $5.3 billion, with free cash flow at $4.9 billion. Honeywell deployed $7.9 billion in capital, exceeding its $4.0 billion share repurchase commitment. The company anticipates 2023 adjusted EPS between $8.80 and $9.20, reflecting 0%-5% growth despite pension headwinds. It ended 2022 with a strong backlog of $29.6 billion.