HON Stock Recent News

CHARLOTTE, N.C. , Sept. 5, 2024  /PRNewswire/ -- Honeywell International Inc. (NASDAQ: HON) today announced that Mike Stepniak, who currently serves as Vice President and Chief Financial Officer for Honeywell Aerospace Technologies, will succeed Greg Lewis as Senior Vice President and Chief Financial Officer following the company's announcement of its fourth quarter and full-year financial results for fiscal year 2024.

$1.9 billion acquisition will help drive long-term growth and further diversify revenue streams on leading defense platforms Enhances Honeywell's defense and space portfolio with high-reliability radio frequency technologies that present significant opportunities for international growth  Deepens Honeywell's aerospace expertise and operations with addition of 2,200 skilled employees and highly automated facilities  CHARLOTTE, N.C. , Sept. 4, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced the completion of its acquisition of CAES Systems Holdings LLC (CAES) from private equity firm Advent International for approximately $1.9 billion in an all-cash transaction.

Honeywell International Inc. (HON) concluded the recent trading session at $207.91, signifying a +0.19% move from its prior day's close.

Exp and ed collaboration uses real-time occupancy data to help manage environmental impact of buildings ATLANTA , Aug. 29, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today a collaboration with Cisco on an AI-powered solution that automatically adapts building systems based on fluctuating usage levels, reducing energy consumption and optimizing the environment for worker productivity and comfort.  By combining Honeywell Forge Sustainability+ for Buildings and Cisco Spaces, the joint effort uses AI and machine learning to help monitor assets to adjust heating, ventilation and air conditioning (HVAC) systems based on real-time occupancy for a single building or an entire campus.

Honeywell (HON) is set to benefit from strength in commercial aviation aftermarket business. However, weakness in the Industrial Automation segment remains a concern.

Investors looking for stocks in the Diversified Operations sector might want to consider either Marubeni Corp. (MARUY) or Honeywell International Inc. (HON). But which of these two stocks offers value investors a better bang for their buck right now?

Honeywell stock price corrected post earnings due to reduced EPS guidance from slower short-cycle business recovery, but I believe it's temporary. Medium to long-term prospects look good with a healthy backlog, easing supply chain constraints and demand in aerospace and energy solutions. Margins impacted by slow short-cycle business recovery, but cost-saving initiatives and potential recovery in the Industrial Automation segment should improve performance.

Intuitive energy management system helps hotels monitor energy consumption across properties and automate energy efficiencies ATLANTA , Aug. 14, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced the launch of INNCOM Direct, an easy-to-install energy management system that uses automation to help improve energy efficiency in mid-market hotel properties. The launch of INNCOM Direct supports Honeywell's alignment of its business around three compelling megatrends, including automation and the energy transition.

Honeywell International has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $20.28B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.17% yield, according to the most recent Dividend Channel ''DividendRank'' report. The report noted a strong quarterly dividend history at Honeywell International Inc, and favorable long-term multi-year growth rates in key fundamental data points.

Investors looking for stocks in the Diversified Operations sector might want to consider either Marubeni Corp. (MARUY) or Honeywell International Inc. (HON). But which of these two stocks presents investors with the better value opportunity right now?