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) 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.
Honeywell (NASDAQ: HON) has announced that Mike Spencer, CFO of Honeywell Connected Enterprise, will present at the Bank of America Virtual Industrial Software and Automation Summit on September 21, 2021, from 9:00 a.m. - 9:50 a.m. EDT. A real-time audio webcast will be available on Honeywell's investor website, and a replay will be accessible for 90 days post-event. Honeywell is a Fortune 100 technology company focusing on delivering solutions in aerospace, control technologies, and performance materials.
Honeywell (NASDAQ: HON) is set to participate in two investor conferences this September. CEO Mike Madsen will present at the Vertical Research Partners Global Industrials Conference in Westbrook, Conn. on September 10, 2021, from 9:30 a.m. to 10:10 a.m. EDT. Additionally, CEO Que Dallara will speak at the virtual William Blair "What's Next for Industrials?" Conference on September 23, 2021, from 9:00 a.m. to 9:45 a.m. EDT. Webcast access for both events can be found on Honeywell's investor relations website.