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HONEYWELL AND CHEVRON COLLABORATE ON AI-ASSISTED SOLUTIONS FOR REFINING PROCESSES
Prnewswire· 2024-10-01 12:02
Collaboration aims to enhance refining operations and workforce with advanced AI-Assisted technologies, including a new generation of alarm management solutions HOUSTON, Oct. 1, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced a strategic collaboration with Chevron (NYSE: CVX) to develop advanced artificial intelligence (AI)-Assisted solutions to help operators make decisions to enhance efficiency for refining processes and improve safety within the industrial automation space. These are among t ...
Honeywell Rewards Shareholders With 5% Dividend Increase
ZACKS· 2024-09-30 16:00
In a shareholder-friendly move, Honeywell International (HON) recently raised its quarterly dividend by approximately 5% to $1.13 per share (annually: $4.52). The new dividend will be paid on Dec. 6, 2024, to shareholders of record as of Nov. 15. The latest dividend hike marks Honeywell's 15th consecutive raise since 2010. This underscores its sound financial health as it utilizes free cash flow to enhance shareholders' returns. In the first six months of 2024, HON rewarded shareholders with $1.45 billion i ...
HONEYWELL TO INCREASE DIVIDEND EFFECTIVE FOURTH QUARTER 2024
Prnewswire· 2024-09-27 14:15
CHARLOTTE, N.C., Sept. 27, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its Board of Directors has approved an increase in the company's regular annual cash dividend from $4.32 to $4.52 per share. The increase will be effective starting with the fourth-quarter dividend of $1.13 per share, which was declared today, and is payable on December 6, 2024, out of surplus to holders of record at the close of business on November 15, 2024. "By further aligning our portfolio with the three compel ...
Here's Why Hold Strategy is Apt for Honeywell Stock Right Now
ZACKS· 2024-09-27 12:56
Honeywell International Inc. (HON) is benefiting from strength in its commercial aviation original equipment and aftermarket businesses, as strength in air travel continues. Pickup in air travel has been a positive as the increased usage of aircraft spurs spending on parts and products that the company provides. Strength in its defense and space business, supported by stable U.S. and international defense spend volumes, has also been driving its Aerospace segment's performance. For 2024, it expects organic ...
Honeywell & Qualcomm Partner to Develop AI-Enabled Agent Solution
ZACKS· 2024-09-26 16:56
Honeywell International Inc. (HON) recently partnered with Qualcomm Technologies, Inc., a subsidiary of QUALCOMM Incorporated (QCOM) , to develop a Multi-Modal intelligent agent for Honeywell mobile devices. Powered by Qualcomm Technologies, the Artificial Intelligence (AI)-driven mobile assistant solution will boost workers' efficiency in distribution centers and retail industries. HON's shares lost 0.7% on the last trading day to eventually close the trading session at $206.8. Based in San Diego, CA, Qual ...
HONEYWELL TO RELEASE THIRD QUARTER FINANCIAL RESULTS AND HOLD ITS INVESTOR CONFERENCE CALL ON THURSDAY, OCTOBER 24
Prnewswire· 2024-09-26 13:00
CHARLOTTE, N.C., Sept. 26, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) will issue its third quarter financial results before the opening of the Nasdaq Stock Market on Thursday, October 24. The company will also hold a conference call at 8:30 a.m. EDT. Presentation Materials / Webcast Details A real-time audio webcast of the presentation can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentation and a replay of the webcast will be available for 30 ...
Honeywell to Develop Artificial Intelligence-Enabled Agent Powered by Qualcomm
Prnewswire· 2024-09-23 12:04
Advanced mobile assistant intended to amplify business operations and customer engagements powered by multi-modal AI workflows CHARLOTTE, N.C., Sept. 23, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced that it is working to develop an artificial intelligence (AI)-enabled Multi-Modal Intelligent Agent for Honeywell mobile devices powered by Qualcomm Technologies, Inc. The agent will allow workers and customers in the distribution center and retail industries to interact naturally with their hand ...
Honeywell In A Holding Pattern: Why Now Isn't The Time To Buy
Seeking Alpha· 2024-09-19 18:24
Honeywell International Inc. (NASDAQ: HON ) has built itself into one of the biggest players in tech and manufacturing, thanks to years of innovation and smart acquisitions. But my analysis argues that, even with solid long-term potential, especially in aerospace and The mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-c ...
Honeywell International Inc. (HON) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-17 23:21
In the latest market close, Honeywell International Inc. (HON) reached $204.24, with a -0.21% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.03% for the day. At the same time, the Dow lost 0.04%, and the tech-heavy Nasdaq gained 0.2%. The the stock of company has risen by 2.83% in the past month, leading the Conglomerates sector's loss of 8.79% and the S&P 500's gain of 1.54%. The upcoming earnings release of Honeywell International Inc. will be of g ...
HONEYWELL AND SAMSUNG E&A PLAN COLLABORATION TO HELP REDUCE POWER PLANT EMISSIONS
Prnewswire· 2024-09-17 12:00
Agreement aims to provide customers a carbon capture solution for power plants from two leading energy solution providers CHARLOTTE, N.C., Sept. 17, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) announced today a collaborative endeavor with SAMSUNG E&A to jointly market solutions aimed at the hard-to-abate power plant sector globally. The initiative seeks to reduce carbon emissions and contribute to the fight against climate change. It also supports Honeywell's alignment of its portfolio to three powerful me ...