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 (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.
Honeywell (NYSE: HON) has introduced the HG1125 and HG1126 miniature inertial measurement units (IMUs), designed for commercial and military applications. These robust IMUs can withstand shocks up to 40,000 G-force, making them suitable for high-performance navigation in adverse environments. Catering to a growing market demand, these units employ MEMS technology to provide precise motion measurements. Initial deliveries are expected to commence in June 2021, aligning with Honeywell's longstanding expertise in MEMS-based IMUs.
Honeywell (NYSE: HON) announced that Whole Foods Market will retrofit over 100 stores in the U.S. with its Solstice N40 refrigerant. This initiative, part of the EPA's GreenChill program, aims to significantly reduce refrigerant emissions. Solstice N40 has a global warming potential (GWP) around 68% lower than traditional refrigerants like R-404A and can lead to a 5-15% reduction in energy use. Honeywell's Solstice N40 is now widely adopted globally, with over 30,000 installations since its launch in 2015. This retrofit aligns with sustainability goals and regulatory compliance for Whole Foods.
Honeywell (NYSE: HON) is collaborating with the NFL's Jacksonville Jaguars to enhance safety for players and staff at TIAA Bank Field. This partnership includes implementing air quality monitoring solutions through a custom Healthy Buildings dashboard and providing personal protective equipment (PPE) packs. The dashboard enables facilities staff to monitor critical air quality factors, ensuring a safer work environment. In addition, Honeywell's PPE kits contain masks and cleaning wipes. This initiative aims to support a healthy workplace during ongoing challenges.
Honeywell (NYSE: HON) launched its gas cloud imaging (GCI) system in Europe on April 14, 2021, aimed at continuous monitoring for dangerous gas leaks like methane in industrial facilities. The Mini GCI system offers real-time analytics and early detection, enhancing safety and environmental compliance. This initiative aligns with global climate goals, targeting efficient methane management. Over 25 major clients globally already utilize this technology. Additionally, Honeywell is committed to achieving carbon neutrality in its operations by 2035.