Honeywell International, Inc. - HON STOCK NEWS

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.

Honeywell (NYSE: HON) has secured a significant contract with SEPCO Electric Power Construction Corporation to supply advanced systems for the King Salman International Complex for Maritime Industries and Services in Saudi Arabia. This megaproject aims to establish one of the largest shipyards globally, enhancing operational safety and efficiency through Honeywell's integrated technologies. The project supports Saudi Vision 2030 by bolstering the local maritime sector, with Honeywell's six-decade presence in the region demonstrating its commitment to local industry growth.

Honeywell (NYSE: HON) reported its fourth-quarter and full-year 2020 results, showing a 6% sales decline in Q4 and an 11% drop for the year. Despite these challenges, the company achieved adjusted earnings per share of $2.07 in Q4, surpassing guidance. Honeywell generated $6.2 billion in operating cash flow and announced a 2021 sales outlook of $33.4-$34.4 billion, reflecting potential organic growth of 1%-4%. The company remains focused on cost management and investments, ending 2020 with $15.2 billion in cash. Honeywell is optimistic about upcoming growth, particularly in defense and automation sectors.