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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Honeywell's Board has finalized a plan to split into two independent public companies by June 29, 2026: Honeywell Technologies (Automation) and Honeywell Aerospace. The aerospace entity will trade on Nasdaq under the ticker HONA, with a reverse stock split occurring concurrently with the spin-off. Additionally, Honeywell's Quantinuum unit successfully raised $1.68 billion in an IPO priced above its initial range. The company reaffirmed its 2026 full-year guidance, projecting total sales between $38.8 billion and $39.8 billion.