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) will hold its 2022 Annual Shareowners Meeting on April 25, 2022, at 10:30 a.m. EDT, conducted virtually. Shareowners recorded as of February 25, 2022, can vote. This meeting allows shareholders to engage directly in company matters and governance.
Honeywell, a Fortune 100 technology firm, specializes in industry-specific solutions, including aerospace products, building controls, and performance materials, all aimed at enhancing safety and sustainability.
Honeywell (NASDAQ: HON) has declared a quarterly dividend of $0.98 per share, payable on March 11, 2022, to shareholders of record by February 25, 2022. This announcement reflects the company's commitment to returning value to its shareholders. Honeywell continues to deliver innovative solutions across various sectors including aerospace and industrial technologies, enhancing its position in the market.
Honeywell (NASDAQ: HON) has been chosen to supply its advanced HTS7500 turboshaft engine for the Lockheed Martin Sikorsky-Boeing DEFIANT X® helicopter, a candidate for the U.S. Army's Future Long-Range Assault Aircraft (FLRAA) program. This state-of-the-art engine, surpassing the T55, offers a 42% power increase and reduced weight. The DEFIANT X® is designed for speed and maneuverability, set to replace the UH-60 Black Hawk by 2030. Honeywell's commitment to modernization is evident as the HTS7500 enhances mission readiness and operational efficiency.
Honeywell (NASDAQ: HON) will participate in two investor conferences in February 2022. Greg Lewis, CFO, will present at the Barclays Industrial Select Conference in Miami on February 23 from 9:10 a.m. to 9:40 a.m. EST. A webcast will be available at honeywell.com/investor. Additionally, Anne Madden and Ben Owens will join a panel at the RBC Global ESG Conference on February 24 from 9:00 a.m. to 9:30 a.m. EST. Webcast access will also be provided via the same link, with a replay available for 14 days.
Honeywell has launched a new solution to produce renewable naphtha using its UOP Ecofining™ technology. This pathway allows for high-yield production of naphtha from sustainable feedstocks like used cooking oil, offering a 50%-80% lower greenhouse gas footprint compared to traditional petroleum feeds. The Ecofining technology, jointly developed with Eni SpA, also facilitates the creation of renewable fuels such as Honeywell Green Diesel. This advancement aims to meet increasing consumer demand for bio-based products and supports petrochemical producers in reducing their environmental impact.
Honeywell (NASDAQ: HON) reported its fourth-quarter and full-year 2021 results, with a 3% decline in quarterly sales and 5% annual growth. Adjusted EPS for Q4 was $2.09, above expectations, and for the year, it reached $8.06, exceeding the guidance range. Demand remained strong with a backlog of $28 billion. The company projects 2022 sales between $35.4 billion and $36.4 billion. Despite supply chain challenges and declining COVID-related mask sales, Honeywell's focus on operational excellence, acquisitions, and capital deployment strategies position it for growth.
On February 2, 2022, Honeywell (NASDAQ: HON) successfully demonstrated its IntuVue RDR-84K radar system in autonomous collision avoidance tests involving drones. Conducted in Phoenix, the tests showcased the radar's ability to detect and navigate around noncooperating aircraft without human intervention. Weighing less than 2 pounds, the compact radar can identify threats from up to 3 kilometers away and autonomously execute avoidance maneuvers.
This innovative technology is crucial for the safety of pilotless aviation, enabling Beyond Visual Line of Sight operations.
Honeywell announced that Walmart will use its Solstice® N40 refrigerant in over 160 supermarket refrigeration systems across Mexico and Central America. This initiative aims to reduce Walmart's carbon footprint by eliminating approximately 130,000 metric tons of CO2e. Solstice N40 has a global warming potential 68% lower than traditional refrigerants like R-404A, and it also demonstrates 5% to 15% lower energy consumption. Walmart's commitment to sustainability aligns with Honeywell's goal of achieving carbon neutrality by 2035.
Honeywell (Nasdaq: HON) has launched Solstice N71 (R-471A), a new low-global-warming-potential refrigerant for the supermarket sector, featuring a GWP of less than 150. This non-flammable and energy-efficient solution comes as supermarkets face increasing regulatory pressure to adopt eco-friendly refrigerants amidst changing global standards. The introduction of Solstice N71, which supports compliance with impending regulations from California and the European Union, reflects Honeywell's commitment to sustainability and innovation, building on its successful Solstice product line that has already prevented over 250 million metric tons of CO2 emissions.
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