Honeywell Accelerates Business Simplification Ahead of Aerospace Spin-off
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 20 2026
0mins
Source: PRnewswire
- Business Sale Agreement: Honeywell has agreed to sell its Productivity Solutions and Services (PSS) business to Brady Corporation for $1.4 billion in cash, with the transaction expected to close in the second half of 2026, aimed at further simplifying the company's portfolio and enhancing focus on core operations.
- Strategic Transformation Progress: This sale is part of Honeywell's strategic review initiated in July 2025, marking a significant step towards completing its multi-year portfolio transformation ahead of the planned spin-off of its Aerospace business in Q3 2026, thereby accelerating value creation.
- Market Impact Analysis: With 2025 revenue of approximately $1.1 billion, PSS is a leading provider of mobile computing and barcode scanning solutions, and its divestiture will enhance Brady's capabilities in industrial identification and safety, expanding its service offerings in the warehouse and logistics sectors.
- Financial Advisory Support: Honeywell is being advised by Centerview Partners for this transaction, with legal support from firms such as Kirkland & Ellis LLP, ensuring the smooth execution of the deal while meeting regulatory requirements.
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Analyst Views on HON
Wall Street analysts forecast HON stock price to rise
15 Analyst Rating
8 Buy
6 Hold
1 Sell
Moderate Buy
Current: 213.120
Low
195.00
Averages
235.07
High
262.00
Current: 213.120
Low
195.00
Averages
235.07
High
262.00
About HON
Honeywell International Inc. is an integrated operating company serving a range of industries and geographies around the world, with a portfolio that is underpinned by its Honeywell Accelerator operating system and Honeywell Forge platform. The Company provides actionable solutions for aerospace, building automation, industrial automation, process automation, and process technology. The Company supplies products, software, and services for aircrafts that it sells to original equipment manufacturers (OEM) and other customers in a variety of end markets. The Company’s portfolio of solutions and services is used in buildings worldwide for fire prevention, controls, access and security. Its offerings serve as the fundamental building blocks of industrial automation. Its sensor technologies and value-added smart edge devices offer connectivity across a variety of sensing and measurement applications. The Company offers a comprehensive portfolio of end-to-end process automation solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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