Welcome to our dedicated page for Honeywell International news (Ticker: HON), a resource for investors and traders seeking the latest updates and insights on Honeywell International stock.
Honeywell International Inc. (NASDAQ: HON) is a leading American multinational conglomerate headquartered in Charlotte, North Carolina. The company operates across four main sectors: Aerospace, Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. Established in 1885, Honeywell has evolved into a global giant known for its innovative and diverse range of products and services.
Aerospace: Honeywell's aerospace segment provides advanced avionics, aircraft engines, and related systems. A recent highlight includes the acquisition of Civitanavi Systems S.p.A., enhancing Honeywell's capabilities in autonomous operations for aircraft and other vehicles.
Building Technologies: This division focuses on integrated automation solutions for buildings, including fire, security, and energy-efficient systems. The recent purchase of Carrier Global Corporation's security business, Global Access Solutions, further strengthens its portfolio in this sector.
Performance Materials and Technologies: This segment offers high-performance materials, process technologies, and automation solutions. Honeywell's innovative hydrocracking technology is now being used to produce sustainable aviation fuel (SAF), significantly reducing carbon emissions.
Safety and Productivity Solutions: Honeywell provides productivity-enhancing software, including its newly updated Guided Work Solutions, which now integrates AI and machine learning to improve retail operations. The company’s Battery Manufacturing Excellence Platform (Battery MXP) is another AI-powered solution aimed at optimizing gigafactory operations.
Honeywell's financial performance remains robust, with steady sales growth and a strong balance sheet. Recent quarterly results show a year-over-year sales increase of 3%, driven by growth in its Aerospace and Energy and Sustainability Solutions segments. The company is actively embracing three major trends: automation, the future of aviation, and energy transition, supported by its Honeywell Accelerator operating system and Honeywell Connected Enterprise software platform.
Honeywell (NYSE: HON) has partnered with Syracuse University to fund research on emerging indoor air quality technologies, establishing a dedicated Honeywell Indoor Air Quality Laboratory. This initiative aims to improve building environments, enhancing occupant health and productivity. The partnership will explore advanced air quality solutions and develop AI-driven ventilation strategies, ultimately benefiting real estate value and building efficiency. The initiative responds to the critical need for better indoor air quality, addressing pollutants that significantly impact health and productivity.
Honeywell (NYSE: HON) supports President Biden's call for businesses to act against COVID-19. The company has expanded U.S. production of personal protective equipment and partnered with local health entities, administering nearly 36,000 vaccine doses in six days. Honeywell has donated over 1 million masks and established a $3.6 million innovation fund for small businesses in Charlotte. The company emphasizes the need for safe vaccination and economic recovery as top priorities for the nation.
Honeywell, Atrium Health, Tepper Sports & Entertainment, and Charlotte Motor Speedway have launched a how-to guide for mass vaccination events, distributing it to the Biden administration and all 50 U.S. state governors. The guide, titled A Leader's Guide to Safe, Fast and Equitable Community Vaccination Events, compiles insights from two events in Charlotte, successfully vaccinating about 36,000 people. The partnership highlights logistical efficiency and equitable access, aiming to benefit future vaccination efforts nationwide.
Honeywell (NYSE: HON) has introduced a new portable UV Treatment Wand, expanding its UV Treatment System for airliners. This compact device is designed to sanitize high-touch surfaces in various transportation modes, including buses, trains, and small aircraft. Weighing approximately 15 pounds, it operates at a cost of around 10 cents per use and can effectively treat a midsize business jet cabin in under 15 minutes. Orders are now being accepted, with initial shipments slated for April 2021.
Honeywell (NYSE: HON) will hold its 2021 Annual Shareowners Meeting on May 21, 2021, at 10:30 a.m. EDT in a virtual format. Shareowners of record as of March 26, 2021 can attend and vote at the meeting via www.virtualshareholdermeeting.com/HON2021. The company emphasizes its technology solutions across various industries, including aerospace and building controls, aiming for a smarter and more sustainable world.
Honeywell (NYSE: HON) has declared a quarterly dividend of $0.93 per share on its outstanding common stock. This dividend payment will be made on March 12, 2021, to shareholders on record by the close of business on February 26, 2021. Honeywell is recognized as a Fortune 100 technology company, providing aerospace products, control technologies, and performance materials globally, aimed at enhancing safety, sustainability, and connectivity across various industries.
Honeywell (NYSE: HON) will participate in the RBC Global Environmental, Social and Governance Conference on February 24, 2021. The panel discussion will feature key executives, including Anne Madden, Ben Owens, and George Koutsaftes, from 1:00 p.m. to 1:40 p.m. EST. Interested individuals can access a real-time audio webcast of the event through Honeywell's investor page, with a replay available for 30 days post-event.
Honeywell and Embraer have partnered to equip all new E2 commercial jets with Honeywell's Aircraft Data Gateway 400 (ADG-400), which enhances wireless data transfer for flight and maintenance. This advancement aims to improve operational efficiency, potentially saving up to 150 hours of maintenance annually per aircraft. The first E2 models with ADG-400 are expected to roll off production lines soon, with plans to retrofit E1 models. Honeywell's solution integrates multiple technologies for effective aircraft data management, aligning with Embraer's focus on customer efficiency and profitability.
Librestream, a leader in augmented reality solutions, announced strategic investments from Honeywell (NYSE: HON) and Evergy Ventures (NYSE: EVRG). These investments aim to enhance workforce transformation across various industries. CEO John Bishop emphasized the increasing focus on remote workforce digitization. Honeywell's investment builds on their existing partnership, while Evergy Ventures seeks to innovate within the energy sector. The collaborations are expected to drive operational efficiencies and safety improvements through Librestream's advanced solutions.
Honeywell (NYSE: HON) will present at the Citi 2021 Global Industrials Virtual Conference on February 18, 2021, from 12:10 p.m. - 12:50 p.m. EST. Greg Lewis, the company’s CFO, will lead the presentation. A real-time audio webcast will be accessible at www.honeywell.com/investor, with materials available prior to the event and a replay lasting 30 days post-presentation. Honeywell is a Fortune 100 technology company focused on industry-specific solutions including aerospace, control technologies, and performance materials.
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