Honeywell Intl Inc Stock Price, News & Analysis

Honeywell (Nasdaq: HON) announced the launch of Honeywell Forge Real Estate Operations, a cloud-based solution created in collaboration with SAP. This platform integrates operational and business data to enhance decision-making and sustainability for building managers. Key features include operational readiness, occupant safety, and financial intelligence, providing comprehensive insights for optimizing real estate performance. The solution aims to address inefficiencies by unifying data sources, enabling managers to visualize building utilization effectively.

A Honeywell-led team has secured a DARPA contract to develop a portable device for extracting drinking water from air, enhancing water availability in challenging conditions. Collaborating with NuMat Technologies and Northwestern University, the initiative aims to produce a lightweight, low-power system that can generate 5-7 liters of water daily. The device, utilizing innovative metal-organic framework technology, addresses critical needs for military and humanitarian efforts in water-scarce regions. An initial prototype is expected within 18 months.

Honeywell (Nasdaq: HON) will have its CEO, John Waldron, presenting at the virtual Wolfe Research Transportation and Industrials Conference on May 25, 2021, from 3:00 p.m. - 3:30 p.m. EDT. A real-time audio webcast of the presentation can be accessed at honeywell.com/investor, where resources will be provided. The presentation will be available for replay for 30 days afterward. Honeywell is a Fortune 100 technology company, offering solutions in aerospace, control technologies, and performance materials.

Honeywell (NYSE: HON) is set to embark on a $23 million infrastructure modernization project at Kunsan Air Base in South Korea, enhancing energy resiliency. The project focuses on installing natural gas service to improve fuel supply reliability, reducing energy consumption by 11% and annual energy costs by over 58,714 MMBtus. Honeywell guarantees the operational savings, thereby eliminating the need for upfront capital. Additionally, the initiative aims to cut carbon emissions by 3,447 tons yearly, benefiting both the U.S. Air Force personnel and the local community.

Honeywell (NYSE: HON) announced that Stephane Fymat, VP and GM of Unmanned Aerial Systems and Urban Air Mobility, will speak at the Bank of America Securities 2021 Virtual Conference on May 19, 2021, from 12:00 p.m. to 12:30 p.m. EDT.

The presentation will cover advancements in Honeywell's technology solutions. A real-time audio webcast of the event will be available at honeywell.com/investor, with a replay accessible for 30 days afterward.

Honeywell (NYSE: HON) announced its upcoming transfer of common stock and bonds from the New York Stock Exchange to the Nasdaq Stock Market, effective May 11, 2021. The company will retain its ticker symbol 'HON' and join the Nasdaq Composite and Nasdaq-100 indices. Honeywell's CEO, Darius Adamczyk, emphasized that this move aligns with the company's technology and sustainability focus, while Nasdaq CEO Adena Friedman noted the benefits of increased liquidity and index inclusion.

Honeywell (NYSE: HON) has declared a regular quarterly dividend payment of $0.93 per share on its common stock. This dividend will be payable on June 4, 2021, to shareholders on record as of May 14, 2021. This announcement reflects Honeywell's commitment to returning value to its shareholders, showcasing financial stability amidst market fluctuations.

The Sydney Opera House has announced Honeywell as its first Global Goals partner to promote sustainability, diversity, and inclusion. This partnership, effective for three years, aims to make the Opera House climate-positive by 2023, enhance water and energy efficiency, and support First Nations tertiary graduates. Honeywell, committed to carbon neutrality by 2035, will leverage its technology to aid the Opera House in achieving these goals. The collaboration signals a strong alignment with United Nations Sustainable Development Goals and underscores the importance of partnerships for positive social and environmental change.

Honeywell (NYSE: HON) reported strong first-quarter results for 2021, achieving sales of $8.5 billion, flat year-over-year, but exceeding the high end of guidance by $250 million. The company raised its full-year sales guidance to $34.0B - $34.8B and adjusted earnings per share expectations to $7.75 - $8.00. Notably, Safety and Productivity Solutions saw a 47% organic sales growth. Despite a decline in Aerospace sales by 22%, segment margins improved in several areas. The company remains committed to sustainable practices, pledging carbon neutrality by 2035.