Honeywell Intl Inc Stock Price, News & Analysis

Honeywell (HON) has launched a new line of ergonomic headpieces, the Honeywell North® Primair 900 (PA900) Series, designed for face and respiratory protection in demanding work environments such as oil and gas and manufacturing. The PA900 series features lightweight, user-centered design that enhances comfort and safety, promoting compliance among workers. It includes an optimized airflow system, ensuring user comfort while working. The PA920 received the 2021 Red Dot Design Award for its functionality and design excellence. This product line supports Honeywell's commitment to workplace safety.

Honeywell (NASDAQ: HON) announced a cash dividend increase from $3.72 to $3.92 per share, effective from the fourth-quarter dividend of $0.98. The dividend will be payable on December 3, 2021, to shareholders on record as of November 12, 2021. This marks the company's 12th consecutive dividend increase. CEO Darius Adamczyk emphasized Honeywell's strong performance and recovery in its end markets amidst economic challenges.

Honeywell (Nasdaq: HON) launched the Honeywell Forge Worker Assist, a software-as-a-service application designed for deskless workers in various industries, including manufacturing and aviation. This tool enhances efficiency by enabling remote assistance, facilitating collaboration through audio/video communication and file sharing. Implemented at Braskem Idesa's Petrochemical Complex, it bridges communication gaps between teams, supporting workforce productivity and safety. The application is versatile, operable on various devices, and integrates into existing technology infrastructures, aiding in digital transformation.

Honeywell (NASDAQ: HON) has acquired Performix Inc., a manufacturing execution system (MES) software provider for the pharmaceutical and biotech sectors. This acquisition enhances Honeywell's integrated software platform aimed at improving compliance, reliability, and production efficiency in life sciences. The Performix software will complement existing solutions like Sparta Systems' quality management software and is expected to facilitate digital transformation in manufacturing. No financial details were disclosed, and there is no change to Honeywell's financial outlook from this deal.

Honeywell (Nasdaq: HON) announced that Castellini Company, a major Midwest fresh and frozen produce supplier, has integrated Honeywell's mobile computing solutions to enhance efficiency in its distribution operations.

The deployment includes CK65 and CT40 mobile computers, VM1 vehicle-mounted computers, and RT10 tablets based on the Mobility Edge platform. Castellini will also utilize Honeywell's Operational Intelligence Professional software for better device management and reduced downtime. This partnership aims to meet rising consumer demand and support faster delivery standards.

Honeywell (Nasdaq: HON) has unveiled its Smart Flexible Depalletizer, an advanced robotic solution aimed at automating the unloading of pallets in warehouses. This innovation leverages machine learning and perception technologies to minimize manual labor, thereby reducing operational risks, injuries, and labor shortages. The depalletizer enhances efficiency by operating continuously across multiple shifts and adapting to various packaging types, contributing to improved throughput as consumer demand grows. It will be showcased at the upcoming PACK EXPO International in Las Vegas.

Honeywell and Wood have unveiled innovative technologies aimed at producing carbon-neutral aviation fuel. Their collaboration utilizes Honeywell's UOP Ecofining and Wood's hydrogen plant technologies to achieve up to 100% reduction in lifecycle greenhouse gas emissions compared to traditional jet fuels. By converting waste oils and fats into Honeywell Green Jet Fuel, emissions can be decreased by 80%. The integration of technologies can further enhance this by generating renewable hydrogen, which contributes to a cleaner fuel process. This partnership aligns with the U.S. Sustainable Aviation Fuel Grand Challenge, targeting 3 billion gallons of sustainable aviation fuel by 2030.

Honeywell (NASDAQ: HON) announced a partnership with Ultium Cells LLC, a joint venture between LG Energy Solution and General Motors, to supply its Quality Control System (QCS) for a new lithium-ion battery manufacturing plant in Lordstown, Ohio. Set to be one of the largest EV battery plants in the U.S., this facility will produce batteries for GM electric vehicles. Honeywell's QCS will incorporate advanced measurement technology to ensure production quality, aiming to enhance efficiency and profitability as the market for zero-emission vehicles grows.

Honeywell has strengthened its position in the small satellite market by launching three new products: the X Band Downlink Transmitter, Optical Communication Terminal, and Commercial Series reaction wheel assemblies. These products cater to the unique requirements of small satellites, which are part of larger constellations. The X Band Downlink Transmitter enables satellite-to-ground communication, while the OCT supports higher data rates between satellites. Honeywell aims to meet the growing demand for high-performance satellite technology, with production expected by late 2021.