Groundbreaking aviation collaboration designed to expedite development and adoption of enhanced software, large area cockpit displays and autonomy platform Honeywell Anthem cockpit powered by NXP's i.MX 8 applications processors will help improve operational efficiency, safety and unlock value for pilots and operators Vertical Aerospace to leverage latest technology in eVTOL aircraft Aviation expansion builds on companies' progress in building automation LAS VEGAS, Jan. 8, 2025 /PRNewswire/ -- Honeywell ...

Longtime Government Relations Lead Jim Carroll to Retire from Honeywell in 2025 CHARLOTTE, N.C., Jan. 7, 2025 /PRNewswire/ -- Honeywell International Inc. (NASDAQ: HON) today announced that Stacey Bernards, who currently serves as Vice President Government Relations for Honeywell Energy and Sustainability Solutions, will succeed Jim Carroll as Senior Vice President, Head of Global Government Relations effective March 1, 2025. Bernards will report to Anne Madden, Senior Vice President and General Counsel. Ca ...

Industry Overview - The Aerospace Forum focuses on discovering investment opportunities in the aerospace, defense, and airline industries, leveraging data-driven analysis to provide insights into industry developments and their potential impact on investment theses [1] - The aerospace, defense, and airline industry is described as complex with significant growth prospects, requiring specialized analysis to identify opportunities [1] Company Performance - Innovative Solutions and Support (NASDAQ: ISSC) reported its fourth-quarter results on December 19th, with the stock price increasing by 18.9% since May 2024 when coverage was initiated [2] Data and Research Access - The Aerospace Forum offers access to evoX Data Analytics, an in-house developed data analytics platform, providing comprehensive reports, data, and investing ideas for subscribers [2]

Stock Performance - Honeywell International Inc (HON) closed at $226 88 with a +0 01% movement compared to the previous day outperforming the S&P 500's daily loss of 0 09% [1] - Over the past month HON shares appreciated by 0 08% outperforming the Conglomerates sector's loss of 5 11% and the S&P 500's loss of 0 29% [1] Earnings and Revenue Estimates - The company is anticipated to report an EPS of $2 31 for the upcoming quarter marking an 11 15% fall compared to the same quarter of the previous year [2] - Revenue for the upcoming quarter is expected to be $9 88 billion up 4 63% from the prior-year quarter [2] - For the full year analysts expect earnings of $9 73 per share and revenue of $38 46 billion representing changes of +6 22% and +4 92% respectively from last year [3] Analyst Estimate Revisions - Recent modifications to analyst estimates for HON reflect shifting dynamics of short-term business patterns with positive revisions indicating optimism about the company's business and profitability [4] - Estimate changes are directly correlated with near-term stock prices [5] Valuation Metrics - HON is currently trading with a Forward P/E ratio of 23 31 which is a premium compared to its industry's average Forward P/E of 16 79 [7] - The company's PEG ratio is 2 82 higher than the Diversified Operations industry average of 1 97 [7] Industry Context - The Diversified Operations industry part of the Conglomerates sector has a Zacks Industry Rank of 203 placing it in the bottom 20% of all 250+ industries [8] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Honeywell International Inc. (HON) shares rallied 3.7% in the last trading session to close at $236. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 0.6% loss over the past four weeks.Shares of Honeywell rallied as the company announced that it has been actively following its business transformation strategy that aims to unlock values for its shareholders. The company recently declared that it has made signif ...

Key TakeawaysHoneywell's latest update on its ongoing portfolio review noted the company was considering spinning off its aerospace business.Honeywell explained that it was considering "transformational changes" in the firm.Activist investor Elliott Investment Management, which holds a more than $5 billion stake and has called for a shakeup of the company, said it welcomed the statement. Honeywell International (HON) shares advanced Monday as the conglomerate issued an update on its portfolio review begun ...

Industrial conglomerate Honeywell International Inc (NASDAQ:HON) said it is considering selling its aerospace unit, and expects an update in January after the release of its fourth-quarter earnings results.In response, HON was last seen 1.8% higher at $231.60. The equity is keeping well above $224, a level that it gapped above in early November after activist investor Elliot Investment Management revealed a more than $5 billion stake in Honeywell and initially floated the idea of breaking the company up. Fo ...

CHARLOTTE, N.C., Dec. 16, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today that its Board of Directors continues the comprehensive business portfolio evaluation launched earlier this year by Chairman and CEO Vimal Kapur to explore additional strategic alternatives for unlocking shareholder value, including the potential separation of its Aerospace business. The Board has made significant progress to date, and Honeywell plans to provide an update with its fourth quarter 2024 earnings release. "Si ...

25-year contract anchored by Honeywell Forge Enterprise Performance Management software Construction of Victoria's first all-electric hospital supports state's progress to achieving net zero by 2050MELBOURNE, Australia, Dec. 4, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) has been selected as the building automation provider for the new Melton Hospital, a 274-bed facility that will be Victoria's first fully electric hospital. Honeywell will help provide comprehensive management for building automation syst ...

CHARLOTTE, N.C., Nov. 26, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced an update to the company's participation at the upcoming Goldman Sachs Industrials and Materials Conference.Vimal Kapur, Chairman and Chief Executive Officer of Honeywell, will present instead of Billal Hammoud, President and Chief Executive Officer of Honeywell Building Automation, at the Goldman Sachs Industrials and Materials Conference in New York City on Thursday, December 5, 2024, from 8:00 a.m. - 8:35 a.m. EST.A re ...