Honeywell Completes Aerospace Spin-Off and 1-for-2 Reverse Stock Split
HON sits 17% above its 52-week low of $195.769 on elevated volume (3.9× avg).
Summary
Honeywell International Inc. completed the spin-off of its Aerospace Technologies business into Honeywell Aerospace Inc. and simultaneously enacted a 1-for-2 reverse stock split for its remaining entity, now named Honeywell Technologies.
Key Events · Corporate Governance and Compliance · HON
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Aerospace Spin-Off Completed
The Aerospace Technologies business has been spun off, forming an independent public company, Honeywell Aerospace Inc. (HONA), which will begin trading on Nasdaq.
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Company Rebrands to Honeywell Technologies
Honeywell International Inc. has rebranded as Honeywell Technologies, focusing on the industrial automation sector.
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1-for-2 Reverse Stock Split Effective
Honeywell Technologies' common stock underwent a 1-for-2 reverse stock split, reducing outstanding shares from approximately 634 million to 317 million and proportionately reducing authorized shares from 2 billion to 1 billion. Fractional shares will be cashed out.
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Significant Financial Recasting
The Aerospace business will now be reported as discontinued operations, substantially changing Honeywell Technologies' historical and future financial statements. For 2025, Aerospace represented $17.5 billion of net sales and $3.1 billion of net income.
Analysis · HON · Manufacturing
Honeywell International Inc. has finalized its major corporate transformation, completing the spin-off of its Aerospace Technologies business into an independent public company, Honeywell Aerospace Inc. (HONA). Concurrently, the remaining entity, now rebranded as Honeywell Technologies (HON), effected a 1-for-2 reverse stock split. This strategic move significantly alters Honeywell Technologies' financial profile, as the Aerospace business previously accounted for nearly half of its reported net sales and net income. The completion of this complex restructuring creates two focused, independent market leaders, with Honeywell Technologies now operating as a pure-play automation company. The reverse stock split is a mechanical adjustment to increase the per-share price and reduce the number of outstanding shares, often done to enhance market perception and liquidity post-spin-off.
At the time of this filing, HON was trading at $229.45 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $139.9B. The 52-week trading range was $195.77 to $260.15. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.