Welcome to our dedicated page for Honeywell Intl news (Ticker: HON), a resource for investors and traders seeking the latest updates and insights on Honeywell Intl stock.
Honeywell International Inc. (NASDAQ: HON) is an integrated operating company with activities spanning aerospace, building automation, industrial automation, process automation and process technology. This news page aggregates company announcements, press releases and market-moving updates drawn from Honeywell’s own communications and regulatory disclosures.
Recent Honeywell news highlights several themes the company emphasizes. In aerospace, Honeywell has announced plans to separate its Aerospace Technologies business into an independent, publicly traded company, and has named leadership for the future Honeywell Aerospace entity. The company has also completed the spin-off of its Advanced Materials business into Solstice Advanced Materials Inc., which now trades on Nasdaq under the symbol SOLS, and continues to provide updates on the strategic realignment of its automation segments.
Honeywell’s news flow also reflects its focus on AI-enabled and data-driven solutions. Press releases describe the Experion Operations Assistant, an AI-assisted control room solution piloted with TotalEnergies at the Port Arthur Refinery, and the Smart Shopping Platform for retailers, developed with Google Cloud and 66degrees, which uses Google’s AI technologies and Honeywell Mobility Edge devices to personalize in-store shopping. Additional announcements cover partnerships such as the integration of Digimarc’s on-scanner software into Honeywell handheld retail scanners to help combat gift card fraud.
Investors and followers of HON stock can use this page to review Honeywell’s earnings announcements, segment realignment updates, spin-off milestones, technology launches, partnerships and governance developments, all based on official company news and related filings.
Honeywell (NASDAQ: HON) has made a strategic investment in Redaptive to enhance its Energy-as-a-Service (EaaS) offerings for commercial and industrial buildings. This collaboration aims to reduce carbon emissions and energy consumption by deploying energy-saving technologies without upfront capital investment. The partnership leverages Honeywell's expertise in energy performance contracting and building controls alongside Redaptive's innovative data technology. The EaaS market is growing rapidly, and this investment positions Honeywell to better serve the needs of private-sector building owners, promoting sustainability while improving operational efficiency.
Honeywell (NASDAQ: HON) announced that CEO Mike Madsen will present virtually at the Jefferies eVTOL Summit on March 28, 2023, from 3:20 p.m. - 4:00 p.m. EDT. This presentation will be accessible via a real-time audio webcast on Honeywell's Investor Relations page, which will also host related materials prior to the event. A replay will be available for 30 days post-presentation. Honeywell specializes in aerospace products, building control technologies, and performance materials, striving to create a smarter, safer, and more sustainable world.
Honeywell has appointed Vimal Kapur as its new CEO, effective June 1, 2023, succeeding Darius Adamczyk, who will transition to Executive Chairman. Under Adamczyk's leadership, Honeywell's market capitalization rose from $88 billion in 2016 to $145 billion in 2022, achieving a 9% CAGR. Kapur, who has 34 years of experience at Honeywell, previously served as President and COO and is credited with driving sustainability initiatives and digital transformation. His leadership is expected to further enhance Honeywell's competitiveness and operational performance.
Honeywell (HON) has launched the NOTIFIER INSPIRE™ fire alarm system featuring the first UL-approved self-testing smoke detectors. This innovative system automates testing and maintenance, enhancing safety and compliance for building managers and service providers. The system integrates with Honeywell's Connected Life Safety Services platform, offering real-time system visibility and digital self-testing tools, which streamline operations and improve efficiency. The product emphasizes modularity for easy upgrades, reduces maintenance needs, and facilitates compliance with regulations.
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.
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