Honeywell Completes Spin-Off of Aerospace Technologies Business
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 hours ago
0mins
Honeywell (HON) announced it has completed the previously announced spin-off of its Aerospace Technologies business, which now operates as Honeywell Aerospace (HONA). Honeywell Technologies will continue to trade "regular way" on Nasdaq and shares of Honeywell Aerospace common stock will begin trading "regular way" on Nasdaq, effective at the market opening.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy HON?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on HON
Wall Street analysts forecast HON stock price to fall
15 Analyst Rating
8 Buy
6 Hold
1 Sell
Moderate Buy
Current: 464.420
Low
195.00
Averages
235.07
High
262.00
Current: 464.420
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.
Honeywell to Release Q2 Financial Results on July 23
- Earnings Release Schedule: Honeywell Technologies will announce its Q2 financial results before the Nasdaq opens on July 23, including the newly independent Aerospace Technologies segment, marking a new phase post-spin-off.
- New Ticker Symbol: The spun-off Aerospace Technologies will trade under the ticker symbol 'HONA' on Nasdaq, reflecting the company's strategic shift and independent operations in the aerospace sector.
- Earnings Call: The company will hold a conference call at 8:30 a.m. EDT to discuss its Q2 performance and 2026 outlook, aiming to bolster investor confidence in its future growth trajectory.
- Investor Relations Platform: Honeywell Technologies utilizes its Investor Relations website to disclose important information, ensuring investors stay updated on the latest developments and financial data, thereby enhancing transparency and communication efficiency.
See More
Honeywell Completes Aerospace Business Spin-Off
- Spin-Off Completion: Honeywell has successfully completed the spin-off of its Aerospace Technologies business, which will now trade as Honeywell Aerospace under the ticker 'HONA' on Nasdaq, marking a significant transformation into three independent market leaders, enhancing strategic focus and financial flexibility.
- Reverse Stock Split: Honeywell Technologies has executed a 1-for-2 reverse stock split, reducing its outstanding shares from approximately 634 million to 317 million, aimed at increasing share price and optimizing capital structure, which is expected to positively impact investor confidence.
- Market Positioning Optimization: Post-spin-off, Honeywell Technologies will focus on leading the industrial sector's transition from automation to autonomy, leveraging its deep domain expertise and extensive global data to drive innovation and enhance customer safety and efficiency.
- Increased Financial Transparency: Following the spin-off, Honeywell Technologies will file an 8-K report to recast financial information, providing quarterly performance data for fiscal years 2024 to 2026, thereby enhancing investor confidence in the company's future growth potential.
See More
Honeywell Aerospace Shares Surge 7% in Nasdaq Debut
- Debut Performance: Honeywell Aerospace's shares opened at $236.78 in their Nasdaq debut, reflecting a 7% increase from last week's close of $221.01, indicating strong investor appetite for aerospace and defense assets.
- Spin-off Strategy: Honeywell plans to complete its three-way split into standalone companies focused on automation, aerospace, and advanced materials by 2025, aiming to enhance operational efficiency and market competitiveness across its business segments.
- Investment and Growth Outlook: The company expects to achieve $6.5 billion in adjusted earnings by 2030, driven by robust demand from defense customers and jet manufacturers, with projected sales growth of 7% to 9% this year.
- Defense Spending Opportunity: Honeywell will invest $500 million as part of an agreement with the Pentagon to boost production of precision-guided missiles and munitions, responding to the U.S. government's push for expanded weapons production, thereby strengthening its position in the defense market.
See More
Market Dynamics and Company Updates
- Market Recovery: S&P 500 and Nasdaq futures are up this morning, recovering some of last week's losses after the U.S. and Iran agreed to halt military strikes, which is expected to ease geopolitical tensions and potentially boost market sentiment.
- Honeywell Spin-off: Honeywell has completed the spin-off of its aviation and defense business into a standalone company called Honeywell Aerospace (HONA), receiving a buy rating and a $306 price target from Melius, indicating strong market confidence in its future growth prospects.
- Space Industry Deal: Rocket Lab is acquiring Iridium Communications in a cash-and-stock deal valued at approximately $8 billion, which is expected to be a transformative deal in the space industry, enhancing Rocket Lab's market position and expanding its business capabilities.
- Semiconductor Price Target Adjustments: Cantor Fitzgerald raised price targets on several semiconductor stocks, including Micron and Applied Materials, reflecting an optimistic outlook on the semiconductor industry's recovery, which may attract more investor interest in the sector.
See More
Honeywell Completes Aerospace Spin-Off and Stock Split
- Spin-Off Completion: Honeywell has successfully completed the spin-off of its Aerospace Technologies business, which will now operate as Honeywell Aerospace, marking a strategic shift towards focusing on building, process, and industrial sectors.
- New Stock Trading Launch: Shares of Honeywell Aerospace will begin trading today on Nasdaq under the ticker 'HONA', enhancing investor attention and market recognition for the newly formed entity.
- Reverse Stock Split Executed: Honeywell Technologies has implemented a 1-for-2 reverse stock split, with common stock continuing to trade on a split-adjusted basis on Nasdaq, aimed at improving stock price stability and attracting more investors.
- Stable Stock Performance: As of last Friday, Honeywell's stock closed at $232.21, up 0.42% from the previous trading day, indicating a positive market response to the company's strategic adjustments.
See More
Honeywell Aerospace Celebrates First Day as Independent Public Company
- Independent Listing Milestone: Honeywell Aerospace officially became an independent public company on June 29, 2026, following its successful spin-off from Honeywell International, which is expected to enhance its market competitiveness.
- Shareholder Distribution Plan: Each shareholder of Honeywell International as of June 15, 2026, will receive one share of Honeywell Aerospace for every two shares owned, maximizing shareholder value and promoting liquidity for the new company.
- Employee and Customer Base: With over 36,000 employees serving more than 10,000 global customers, Honeywell Aerospace is poised to leverage its deep technological expertise in the aerospace sector to drive growth in key markets.
- Future Growth Strategy: CEO Jim Currier emphasized the company's commitment to innovation and disciplined capital allocation to drive profitable growth, leveraging a strong balance sheet and best-in-class operating systems to enhance value for customers and shareholders.
See More
Honeywell to Release Q2 Financial Results on July 23
- Earnings Release Schedule: Honeywell Technologies will announce its Q2 financial results before the Nasdaq opens on July 23, including the newly independent Aerospace Technologies segment, marking a new phase post-spin-off.
- New Ticker Symbol: The spun-off Aerospace Technologies will trade under the ticker symbol 'HONA' on Nasdaq, reflecting the company's strategic shift and independent operations in the aerospace sector.
- Earnings Call: The company will hold a conference call at 8:30 a.m. EDT to discuss its Q2 performance and 2026 outlook, aiming to bolster investor confidence in its future growth trajectory.
- Investor Relations Platform: Honeywell Technologies utilizes its Investor Relations website to disclose important information, ensuring investors stay updated on the latest developments and financial data, thereby enhancing transparency and communication efficiency.
See More
Honeywell Completes Aerospace Business Spin-Off
- Spin-Off Completion: Honeywell has successfully completed the spin-off of its Aerospace Technologies business, which will now trade as Honeywell Aerospace under the ticker 'HONA' on Nasdaq, marking a significant transformation into three independent market leaders, enhancing strategic focus and financial flexibility.
- Reverse Stock Split: Honeywell Technologies has executed a 1-for-2 reverse stock split, reducing its outstanding shares from approximately 634 million to 317 million, aimed at increasing share price and optimizing capital structure, which is expected to positively impact investor confidence.
- Market Positioning Optimization: Post-spin-off, Honeywell Technologies will focus on leading the industrial sector's transition from automation to autonomy, leveraging its deep domain expertise and extensive global data to drive innovation and enhance customer safety and efficiency.
- Increased Financial Transparency: Following the spin-off, Honeywell Technologies will file an 8-K report to recast financial information, providing quarterly performance data for fiscal years 2024 to 2026, thereby enhancing investor confidence in the company's future growth potential.
See More
Honeywell Aerospace Shares Surge 7% in Nasdaq Debut
- Debut Performance: Honeywell Aerospace's shares opened at $236.78 in their Nasdaq debut, reflecting a 7% increase from last week's close of $221.01, indicating strong investor appetite for aerospace and defense assets.
- Spin-off Strategy: Honeywell plans to complete its three-way split into standalone companies focused on automation, aerospace, and advanced materials by 2025, aiming to enhance operational efficiency and market competitiveness across its business segments.
- Investment and Growth Outlook: The company expects to achieve $6.5 billion in adjusted earnings by 2030, driven by robust demand from defense customers and jet manufacturers, with projected sales growth of 7% to 9% this year.
- Defense Spending Opportunity: Honeywell will invest $500 million as part of an agreement with the Pentagon to boost production of precision-guided missiles and munitions, responding to the U.S. government's push for expanded weapons production, thereby strengthening its position in the defense market.
See More
Market Dynamics and Company Updates
- Market Recovery: S&P 500 and Nasdaq futures are up this morning, recovering some of last week's losses after the U.S. and Iran agreed to halt military strikes, which is expected to ease geopolitical tensions and potentially boost market sentiment.
- Honeywell Spin-off: Honeywell has completed the spin-off of its aviation and defense business into a standalone company called Honeywell Aerospace (HONA), receiving a buy rating and a $306 price target from Melius, indicating strong market confidence in its future growth prospects.
- Space Industry Deal: Rocket Lab is acquiring Iridium Communications in a cash-and-stock deal valued at approximately $8 billion, which is expected to be a transformative deal in the space industry, enhancing Rocket Lab's market position and expanding its business capabilities.
- Semiconductor Price Target Adjustments: Cantor Fitzgerald raised price targets on several semiconductor stocks, including Micron and Applied Materials, reflecting an optimistic outlook on the semiconductor industry's recovery, which may attract more investor interest in the sector.
See More
Honeywell Completes Aerospace Spin-Off and Stock Split
- Spin-Off Completion: Honeywell has successfully completed the spin-off of its Aerospace Technologies business, which will now operate as Honeywell Aerospace, marking a strategic shift towards focusing on building, process, and industrial sectors.
- New Stock Trading Launch: Shares of Honeywell Aerospace will begin trading today on Nasdaq under the ticker 'HONA', enhancing investor attention and market recognition for the newly formed entity.
- Reverse Stock Split Executed: Honeywell Technologies has implemented a 1-for-2 reverse stock split, with common stock continuing to trade on a split-adjusted basis on Nasdaq, aimed at improving stock price stability and attracting more investors.
- Stable Stock Performance: As of last Friday, Honeywell's stock closed at $232.21, up 0.42% from the previous trading day, indicating a positive market response to the company's strategic adjustments.
See More
Honeywell Aerospace Celebrates First Day as Independent Public Company
- Independent Listing Milestone: Honeywell Aerospace officially became an independent public company on June 29, 2026, following its successful spin-off from Honeywell International, which is expected to enhance its market competitiveness.
- Shareholder Distribution Plan: Each shareholder of Honeywell International as of June 15, 2026, will receive one share of Honeywell Aerospace for every two shares owned, maximizing shareholder value and promoting liquidity for the new company.
- Employee and Customer Base: With over 36,000 employees serving more than 10,000 global customers, Honeywell Aerospace is poised to leverage its deep technological expertise in the aerospace sector to drive growth in key markets.
- Future Growth Strategy: CEO Jim Currier emphasized the company's commitment to innovation and disciplined capital allocation to drive profitable growth, leveraging a strong balance sheet and best-in-class operating systems to enhance value for customers and shareholders.
See More
