Honeywell Intl Inc Stock Price, News & Analysis

Honeywell (NASDAQ: HON) has announced key leadership changes effective May 5, 2025. Su Ping Lu will be appointed as Senior Vice President, General Counsel and Corporate Secretary, succeeding Anne Madden. Lu, who joined Honeywell in 2009, will lead the company's global legal, government relations and security teams, reporting to CEO Vimal Kapur.

Madden will transition to a new role as Senior Vice President of Portfolio Transformation and Senior Advisor, overseeing the planned separation of Aerospace Technologies and Advanced Materials businesses. During her 16-year tenure as Global Head of M&A, Madden led approximately 100 acquisitions worth $15B in revenue and divested about 70 businesses representing $9B of non-core revenues.

Since December 2023, Honeywell has announced nearly $12 billion in accretive acquisitions, including the Access Solutions business from Carrier Global, Civitanavi Systems, CAES Systems, the LNG business from Air Products, and Sundyne.

Honeywell (NASDAQ: HON) has announced it will release its first quarter financial results before the Nasdaq Stock Market opens on Tuesday, April 29, 2025. The company will host a conference call at 8:30 a.m. EDT on the same day.

A real-time audio webcast of the presentation will be available on the company's investor website, with related materials posted before the presentation. A replay will be accessible for 30 days following the event.

Honeywell operates across multiple industries globally, focusing on three key megatrends: automation, future of aviation, and energy transition. The company's operations are supported by the Honeywell Accelerator operating system and Honeywell Forge IoT platform, with business segments including Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions.

Honeywell (NASDAQ: HON) has announced its 2025 Annual Shareowners Meeting, scheduled for May 20, 2025 at 10:30 a.m. EDT. The meeting will be conducted in a virtual format, accessible through www.virtualshareholdermeeting.com/HON2025. Shareholders who are registered as of the record date, April 1, 2025, will be eligible to participate and vote in the meeting.

Honeywell (NASDAQ: HON) has appointed Stephen Williamson, 58, to its Board of Directors as an independent Director and Audit Committee member, effective April 1, 2025. Williamson currently serves as Senior Vice President and Chief Financial Officer of Thermo Fisher Scientific, a position he has held since August 2015.

Williamson brings significant experience to Honeywell's board, having previously worked at the company in various finance positions, including Vice President and CFO for Asia Pacific. At Thermo Fisher Scientific, he oversees finance, tax, M&A, treasury, and global business services functions. His career began at Price Waterhouse in transaction support and audit practice.

The appointment aligns with Honeywell's focus on growth and innovation, with Chairman and CEO Vimal Kapur highlighting Williamson's extensive financial expertise, international business experience, and M&A background as valuable assets for the company's transformational objectives.

Honeywell (HON) has announced key leadership appointments for its Advanced Materials spin-off, which will be named Solstice Advanced Materials. The new company, generating nearly $4 billion in revenue last year, will be headquartered in Morris Plains, New Jersey, with the tax-free spin expected to complete by late 2025 or early 2026.

The leadership team includes Dr. Rajeev Gautam as Chairman of the Board, bringing over 40 years of experience, David Sewell as President and CEO with 30+ years in materials industry expertise, and Tina Pierce as CFO with 25+ years at Honeywell. Additionally, Jeff Dormo and Simon Mawson will lead the company's two business segments as Senior VPs.

Solstice Advanced Materials will operate as a sustainability-focused, specialty chemicals and materials pure play company, featuring the Solstice® hydrofluoroolefin technology. The company will maintain a global presence with teams across multiple international locations and benefit from a large-scale domestic manufacturing base.

Honeywell (NASDAQ: HON) has released a groundbreaking survey revealing overwhelming consumer interest in electric vertical take-off and landing (eVTOL) vehicles, commonly known as air taxis. The study, conducted among 1,000 U.S. adult fliers, shows that 98% would consider using air taxis for travel.

Key findings include:

• 79% would travel more frequently if air taxis were available for airport transport
• 47% cite avoiding traffic as a key motivator
• 61% value ease of use and convenience
• 65% of Millennials show the highest enthusiasm
• 41% are interested in city-to-city travel within 100 miles

The survey highlights that safety remains a important consideration, with 65% of respondents emphasizing its importance. Business travelers (60%) showed more interest than leisure travelers (45%), while frequent flyers (67%) demonstrated higher enthusiasm compared to occasional travelers (56%).

Honeywell (NASDAQ: HON) has announced the acquisition of Sundyne from Warburg Pincus for $2.16 billion in an all-cash transaction, representing approximately 14.5x 2024 EBITDA. Sundyne, headquartered in Arvada, Colorado, is a leader in engineered pumps and gas compressors for process industries, bringing approximately 1,000 employees and significant recurring aftermarket revenue.

The acquisition will enhance Honeywell's Energy and Sustainability Solutions (ESS) business segment, particularly strengthening its capabilities in refining, petrochemicals, LNG, and clean fuels. The integration will combine Sundyne's equipment with Honeywell Forge IoT platform for improved reliability and predictive maintenance.

The deal is expected to close in Q2 2025, subject to regulatory approvals, and will be immediately accretive to Honeywell's sales growth, segment margins, and adjusted EPS in the first full year of ownership.

Honeywell (NASDAQ: HON) has announced its participation in J.P. Morgan's 2025 Industrials Conference in New York City. Jim Currier, president and CEO of Honeywell Aerospace Technologies, will deliver a presentation on Tuesday, March 11, 2025, from 7:30 a.m. to 8:05 a.m. ET.

The presentation will be accessible through a real-time audio webcast on Honeywell's investor website, with materials available before the event and a replay accessible for 30 days afterward. Honeywell operates as an integrated company focused on three key megatrends:

• Automation
• Future of aviation
• Energy transition

Honeywell (HON) released its AI in Buildings study revealing that 84% of commercial building decision makers plan to increase AI usage in the next year. The study, surveying U.S. building managers overseeing facilities with 250+ occupants, found widespread AI adoption for operational optimization.

Key findings show that 60% of respondents already use AI for streamlined maintenance, while 49% employ predictive maintenance. Security applications are prominent, with 63% using AI for unusual behavior monitoring, 52% for occupant safety tracking, and 45% for biometric access control.

Building efficiency is another focus area, with 55% utilizing AI for energy management, 41% for water usage monitoring, and 40% for temperature control. However, 92% of respondents report challenges in hiring skilled tech workers, indicating significant opportunities for AI to support workforce development and upskilling.