HOUSTON, June 11, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced the launch of its Battery Manufacturing Excellence Platform (Battery MXP), an artificial intelligence (AI)-powered software solution designed to optimize the operation of gigafactories from day one by improving battery cell yields and expediting facility startups for manufacturers. By delivering powerful data that can improve quality control and decision making on the plant floor, Battery MXP is designed to help manufacturers cut ...

Eoneren Demand for 40,850 new passenger & freighter aircraft Blourie: Arisca CM 201 a paymad above 100 Number of aircraft 46,560 22,880 aircraft in-service 22,000mning of 2020: 23,680 (including 2020-22 deliveries) 40,850 75% will be replaced 40,850 new deliveries 17,170 2023-2042: 22,880 58% for growth 42% for replacer Stay (incl. 2020-22 deliverios) 5,710 ries (2023-2042) ning 20 2042 New Del AIRBUS One of Honeywell's problems is its diversification. Since that may sound weird, let me elaborate. At the st ...

The company's shares have seen an increase of 5.67% over the last month, not keeping up with the Conglomerates sector's gain of 8.3% and outstripping the S&P 500's gain of 4.59%. For the full year, the Zacks Consensus Estimates project earnings of $10.09 per share and a revenue of $38.61 billion, demonstrating changes of +10.15% and +5.31%, respectively, from the preceding year. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of succes ...

BASILDON, ENGLAND - JANUARY 15: A general exterior view of the logo sign on the Honeywell ... [+] International Inc office building on January 15, 2024 in Basildon, United Kingdom. (Photo by John Keeble/Getty Images) Getty Images Honeywell (NYSE: HON) stock has seen a rise of 5% in a week, faring better than its peer — General Electric stock – down 3%. The rise in HON stock in recent days can partly be attributed to the company's revision of its outlook for the full-year 2024 following its acquisition of Ca ...

Honeywell International Inc. (HON) recently completed the acquisition of Carrier Global Corporation's (CARR) Global Access Solutions business for an all-cash deal of $4.95 billion. This acquisition is expected to strengthen HON's foothold in the security solutions market. Florida-based Carrier is a provider of advanced heating, ventilation, refrigeration, air conditioning, fire, security and building automation technologies. Its Global Access Solutions business provides advanced access and security solution ...

Hands-free technology with insights from Honeywell Forge architecture empowers retail associates to increase productivity, reduce errors and create exceptional customer experiences CHARLOTTE, N.C., June 4, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced an update to incorporate artificial intelligence (AI) and machine learning into its Guided Work Solutions to help bring greater operational efficiency and better shopper experiences to retailers in today's competitive landscape. Honeywell Guided ...

Acquisition and Strategic Focus - Honeywell completed the acquisition of Carrier Global Corporation's Global Access Solutions business for $4.95 billion, enhancing its position in security solutions [2]. - The acquisition aligns with Honeywell's strategic focus on automation and digitalization, positioning it as a leader in security solutions [4]. - Approximately 1,200 employees from Global Access Solutions have joined Honeywell, enhancing its operational capabilities [3]. Financial Guidance and Performance - Honeywell's updated full-year sales guidance is now $38.5 billion to $39.3 billion, reflecting organic sales growth of 4% to 6% [5]. - Adjusted earnings per share are expected to range from $10.15 to $10.45, indicating a growth of 7% to 10% compared to the previous year [5]. - For the three months ended June 30, 2023, diluted earnings per share was $2.22, with an expected range of $2.21 to $2.31 for the same period in 2024 [33]. - Adjusted earnings per share for the twelve months ended December 31, 2023, is projected to be between $9.65 and $9.95, compared to $9.16 for the previous year [33]. - Free cash flow for the twelve months ending December 31, 2024, is expected to be approximately $5.6 to $6.0 billion, with cash provided by operating activities estimated at $6.7 to $7.1 billion [40]. Segment Performance - Segment margin is projected to be between 23.8% and 24.1%, with an expansion of 30 to 60 basis points [5]. - Second-quarter sales are anticipated to be between $9.3 billion and $9.6 billion, with organic sales growth of 1% to 4% [5]. - Segment margin for the second quarter is expected to be 22.7% to 23.1%, reflecting a decrease of 40 basis points to flat compared to the prior year [5]. Amortization and Adjustments - Honeywell will exclude amortization expense for acquisition-related intangible assets from segment profit and adjusted earnings per share starting in Q2 2024 [5]. - The company will exclude acquisition amortization and related costs from adjusted earnings per share starting in the second quarter of 2024 [32]. - Acquisition-related intangibles amortization for the three months ended June 30, 2024, is expected to be approximately $66 million, increasing from $48 million in the same period of 2023 [39]. - The company anticipates an adjustment of approximately $24 million for acquisition-related costs in the three months ended June 30, 2024, compared to $1 million in the same period of 2023 [39]. Other Financial Adjustments - The pension mark-to-market expense for the twelve months ended December 31, 2023, is estimated at $0.19 per share, with no forecast available for future periods [33]. - The company has changed its valuation methodology for legacy Bendix liabilities, resulting in a $434 million pre-tax adjustment for the twelve months ended December 31, 2023 [39]. - The expected adjustment related to Russian-related charges for the twelve months ended December 31, 2024, is projected to be $17 million [35]. Cash Flow Insights - The company believes that free cash flow is a useful measure for evaluating cash generated by operations for future investments, debt repayment, and dividends [41].

$4.95 Billion Acquisition Bolsters Honeywell's Strategic Alignment to the Automation Megatrend, Underpinned by Digitalization Positions Honeywell as a Leading Provider of Security Solutions in a Digital Age Enhances Honeywell's Building Automation Segment, Adding an Accretive Growth and Margin Business Previous Impact of Acquisition Guidance After the Acquisition Impact of NonGAAPUpdated Guidance Guidance CHARLOTTE, N.C., June 3, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced the completion of ...

Core Viewpoint - Honeywell is positioning itself as a key player in the advanced air mobility (AAM) market, focusing on developing technologies and solutions that cater to this emerging sector, with significant revenue potential expected by the end of the decade [3][8][29]. Company Overview - Honeywell established a dedicated business unit for AAM in 2020, recognizing the need for tailored solutions distinct from traditional aerospace offerings [3][4]. - The company provides essential systems for AAM vehicles, including avionics, flight controls, propulsion systems, and cooling systems, positioning itself as a partner in the industry rather than just a supplier [5][6]. Market Potential - The total addressable market (TAM) for AAM is projected to be in the tens of billions, with specific opportunities identified: air taxis at $20 billion, middle-mile cargo at $10 billion, and local light parcel delivery at $1 billion [8][10][11]. - Regulatory frameworks in regions like China and the UAE are advancing, which may facilitate earlier revenue generation compared to the US and Europe [9][11]. Product Offerings - Honeywell's Anthem is an integrated cockpit solution designed for future aviation needs, with commitments from several AAM platforms for its implementation [17][18]. - The company is also focusing on cooling systems, which are critical for the performance of electric and hybrid electric aircraft, indicating a significant growth area [22][23]. Competitive Landscape - Honeywell claims a strong market share in AAM compared to in-house solutions, emphasizing the importance of selecting the right customers for successful integration and certification [20][22]. - The company is leveraging partnerships, particularly in electric propulsion with DENSO, to enhance its competitive edge in the market [24][27]. Revenue Trajectory - Honeywell anticipates that AAM will become a material contributor to its aerospace P&L by the end of the decade, with significant revenue expected in the 2030s [29][30]. - The company estimates that the dollar content per vehicle for its systems ranges from $200,000 to $1.5 million, depending on the complexity of the systems integrated [30][31]. Strategic Insights - The company highlights that the initial launch applications for air taxis are unlikely to occur in the US or Europe due to regulatory challenges, suggesting a need for investors to look beyond traditional markets [35][36]. - There is a noted shift in defense procurement behaviors aligning more closely with AAM, indicating potential cross-industry opportunities [36].

JHVEPhoto Investment Thesis I last covered Honeywell International (NASDAQ:HON) in October last year with a buy rating. While the stock has given a total return of ~10% since then, I continue to see further upside. Honeywell is well positioned to deliver good growth in the near term as well as in the long term. The company's revenue should benefit from a healthy backlog level of $32 billion exiting Q1 2024, and strong demand in the long-cycle Aerospace business. In addition, good backlog conversion thanks t ...