Honeywell Intl Inc Stock Price, News & Analysis

Honeywell's Flight Management System (FMS) has been selected by Airbus for the A320, A330, and A350 aircraft, enhancing air traffic management. This new FMS offers improved operational efficiency, reliability, and safety, and features connectivity with Electronic Flight Bags (EFB) for enhanced fuel savings. It is 15 times more capable than previous hardware and will allow future enhancements without additional hardware changes. The FMS is expected to enter service by the end of 2026, with a retrofit option planned for existing A320 and A330 fleets.

Honeywell (Nasdaq: HON) announced the Spring 2022 release of the Honeywell Forge Connected Warehouse, enhancing operational efficiency and cost reduction for organizations. The new offering includes two modules: Site Operations for performance tracking and Asset Performance Management for predictive maintenance. This launch follows the introduction of enhancements across other sectors, such as aerospace and smart buildings. These advancements aim to streamline digital transformation and improve asset management, addressing the growing demand for fulfillment performance in logistics environments.

Honeywell (NASDAQ: HON) announced its participation in several investor conferences in May and June 2022. Key executives will present at significant events:

• Vimal Kapur on May 10, 2022, at the Goldman Sachs Industrials and Materials Conference.
• Greg Lewis on May 24, 2022, at the Wolfe Research Global Transportation and Industrials Conference.
• Mike Madsen on June 7, 2022, at the UBS Global Industrials and Transportation Conference.

Webcasts and presentation materials will be available on Honeywell's Investor Relations website.

Honeywell (NASDAQ: HON) reported Q1 2022 sales of $8.4 billion, down 1% year-over-year but at the high end of guidance. EPS was $1.64, with adjusted EPS of $1.91, exceeding expectations. The company deployed $2 billion in capital, including $1 billion for share repurchases. Despite a 260 basis point drop in operating margin due to a $183 million charge from suspended operations in Russia, Honeywell raised its full-year sales guidance to $35.5 billion - $36.4 billion. The backlog increased to $28.5 billion, up 9% year-over-year, indicating strong demand across segments.

Honeywell's Board of Directors has declared a quarterly dividend of $0.98 per share on its common stock. This dividend will be payable on June 3, 2022, to shareholders of record at the close of business on May 13, 2022. As a Fortune 100 technology company, Honeywell focuses on delivering industry-specific solutions across various sectors, including aerospace and building technologies, aiming to create a more connected and sustainable world.

Honeywell (NASDAQ: HON) has been selected by Lockheed Martin Sikorsky-Boeing to provide its GTCP 36-150 auxiliary power units (APUs) and other power technologies for the DEFIANT X® helicopter. This helicopter is a contender in the U.S. Army's Future Long-Range Assault Aircraft (FLRAA) competition. The upgraded APU series incorporates advanced compressor technology and meets U.S. Army performance objectives. With over 10,000 units delivered since 1979, Honeywell's technology is set to enhance the DEFIANT X®, which aims to replace the Sikorsky UH-60 Black Hawk starting in 2030.

Honeywell (NASDAQ: HON) will announce its first quarter financial results before the market opens on April 29, 2022. A conference call is scheduled for 8:30 a.m. EDT on the same day. Investors can access a real-time audio webcast and related materials at Honeywell Investor Relations, with a replay available for 30 days. Honeywell is a Fortune 100 technology company offering diverse solutions across sectors, focusing on advancements that enhance safety, efficiency, and sustainability.

Honeywell announced the implementation of its Honeywell Forge Workforce Competency at Petroperú's Talara Refinery to enhance workforce training for safer operations. This initiative supports Petroperú's modernization project, investing in digital transformation to improve production capacity and quality. The program includes training simulators and a new Console Operators Competencies Management Program, enabling efficient and effective skill development for operators. This collaboration aims to boost productivity, improve safety, and ensure a competent workforce to manage new control platforms.