Honeywell Deepens Renewable Fuels Push With $2.4 Billion Deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2025
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Source: Benzinga
Acquisition Announcement: Honeywell International Inc. will acquire Johnson Matthey's Catalyst Technologies division for £1.8 billion ($2.4 billion), aiming to enhance its Energy and Sustainability Solutions segment and broaden its market presence in refining and petrochemical catalysts.
Financial Impact and Future Plans: The acquisition is expected to positively impact earnings within the first year and align with Honeywell's strategy of allocating at least $25 billion through 2025 for investments, dividends, and acquisitions, while also preparing for the spin-off of its Aerospace Technologies and Advanced Materials businesses.
Analyst Views on NATO
Wall Street analysts forecast NATO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NATO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 43.180
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Current: 43.180
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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.
