Honeywell Board Approves Aerospace Spin-Off, Sets June 29 Separation
Honeywell International is splitting into two independent companies: Honeywell Aerospace (defense/commercial aviation) and Honeywell Technologies (industrial automation). The board formally approved the spin-off on June 15, 2026, with the separation effective June 29. Shareholders receive one share of Honeywell Aerospace for every two HON shares. The move follows the IPO of its quantum computing unit, Quantinuum, in early June. Honeywell’s stock has risen over 20% year-to-date, and the company projects strong growth for both new entities.
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Honeywell Aerospace Spin-Off Clears Board Approval, On Track for June Completion
Honeywell International Inc. announced on June 15, 2026, that its Board of Directors officially approved the planned spin-off of Honeywell Aerospace, marking a key milestone in the separation process. The transaction is on track to be completed on June 29, 2026. After completion, the remaining automation-focused business will operate as Honeywell Technologies, continuing to trade under the ticker HON. Honeywell Aerospace common stock is expected to begin 'when-issued' trading under the symbol HONAV on June 15, 2026, with 'regular-way' trading under HONA commencing on June 29. The article also promotes an external report on AI stocks as an alternative investment.
Yahoo FinanceHoneywell Aerospace Spinoff Receives Final Board Approval, HON Stock Rises
Honeywell International (HON) shares rose significantly after its board formally approved the spinoff of Honeywell Aerospace, a key milestone in the company's multi-year portfolio transformation. The distribution date is set for June 29, with shareholders receiving one share of Honeywell Aerospace (ticker HONA) for every two HON shares held. The remaining automation-focused business will operate as Honeywell Technologies under the HON ticker, with a 1-for-2 reverse stock split. Management expects the spinoff to unlock value by creating two focused entities with distinct risk profiles. Honeywell Aerospace targets at least 6% compound annual sales growth through the decade, while Honeywell Technologies targets 4% organic growth and over 10% annual earnings growth. The company also signaled interest in bolt-on acquisitions in the $2-4 billion range for its industrial automation division. HON stock is up roughly 20% year-to-date.
Yahoo FinanceHoneywell board approves aerospace spinoff, creating two public companies
Honeywell's board of directors has formally approved the spinoff of its aerospace division, scheduled for June 29, 2026. Shareholders will receive one share of Honeywell Aerospace (ticker: HONA) for every two shares of Honeywell common stock held. The remaining business will be renamed Honeywell Technologies (ticker: HON) and will execute a one-for-two reverse stock split. Honeywell Aerospace will focus on electrification and autonomous flight, while Honeywell Technologies will target AI-powered automation for industrial clients. Honeywell Technologies reported that 40% of its $17 billion annual revenue comes from services and software, with a goal to reach 45% within three years. The company expects EPS of $4.05 in 2026, growing to $6 per share by 2029. The breakup is seen as a major shift away from the industrial-conglomerate model.
Yahoo FinanceHoneywell Receives Final Board Approval for Aerospace Spin-Off, Sets June 29 Separation Date
On June 15, 2026, Honeywell International received final board approval for its aerospace spin-off, officially setting June 29 as the separation date. The stock rose 3.2% on the news. Shareholders of record as of June 15 will receive one share of the new Honeywell Aerospace (HONA) for every two HON shares held. The remaining entity will be renamed Honeywell Technologies and retain the HON ticker. A one-for-two reverse stock split will take effect immediately after the spin-off. The article also reviews Honeywell's Q1 2026 earnings, showing revenue of $9.1 billion (up 2.4% YoY) and adjusted EPS of $2.45 (up 10.9% YoY), beating estimates. The company has a market cap of $144.1 billion and a dividend yield of 2.09%.
Yahoo FinanceHoneywell Stock Rises on Formal Approval of Aerospace Spinoff
Honeywell International's stock rose 4.4% on June 15, 2026, after its board formally approved the spinoff of Honeywell Aerospace. This creates two focused companies: Honeywell Aerospace, a defense and commercial aerospace player benefiting from rising air travel and global defense spending, and Honeywell Technologies, an industrial and building automation firm driven by energy security and decarbonization trends. The move follows a recent IPO of its quantum computing business, Quantinuum. Management projects 6%-8% annual sales growth for the aerospace unit through 2030 and 4%-6% annual growth for the automation unit with over 10% adjusted EPS growth. The article is a stock analysis piece from The Motley Fool on Yahoo Finance.
Yahoo FinanceHoneywell shares slip after earnings outlook trails market expectations
Honeywell International (NASDAQ:HON) shares fell 1.5% after the company released annual earnings guidance that missed Wall Street forecasts, despite reaffirming revenue and cash flow targets. The company projected 2025 adjusted EPS of $10.35-$10.65, below the consensus estimate of $10.52. Organic sales growth guidance remained at 3%-6%, and revenue guidance of $38.8-$39.8 billion was broadly in line with expectations. Free cash flow forecast of $5.3-$5.6 billion exceeded consensus. Alongside the update, Honeywell unveiled preliminary 2026 targets for Honeywell Technologies, the post-spin-off entity, including revenue of $19.9-$20.2 billion and adjusted EPS of $3.95-$4.15. The aerospace division spin-off is scheduled for completion on June 29, creating two standalone companies.
Yahoo FinanceHoneywell Stock Likely to Reward Shareholders Following Quantinuum IPO and Corporate Split
Honeywell (HON) shareholders stand to benefit from two major corporate actions: the IPO of its quantum computing unit Quantinuum (QNT), which began trading on June 4, 2026, and the planned separation of its aerospace and automation units effective June 29, 2026. Honeywell retains a 49.1% stake in Quantinuum, which generated $30.9 million in revenue in 2025 and has notable customers including BMW, JPMorgan, Amgen, and Airbus. The quantum unit has a market value of $14.3 billion and is eligible for up to $100 million in US government funding. The article notes that recent successful spinoffs from GE, Western Digital, and Illumina suggest Honeywell's separation could also generate significant shareholder gains. However, the author advises investors to consider selling the aerospace business shares immediately after the separation, while viewing the automation unit's future positively.
Yahoo FinanceHoneywell Investor Day Set for June 3 as Aerospace Spin-Off Nears
Honeywell International is advancing its corporate transformation, planning to split into two independent publicly traded companies. The automation business will become Honeywell Technologies (ticker HON), while the aerospace unit will spin off as Honeywell Aerospace (ticker HONA) on June 29. The company will host a key investor day on June 3 to outline the strategy and growth outlook for the new aerospace entity, followed by a separate automation investor event on June 11. Additionally, Honeywell is proceeding with the IPO of its quantum computing subsidiary, Quantinuum, this month. The company's Q1 2026 results showed adjusted EPS of $2.45, beating estimates, though revenue slightly missed at $9.14 billion. Honeywell stock has risen 20.18% year-to-date, outperforming the S&P 500.
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