HON · Honeywell International

539 filings

HON SEC Filings

Honeywell International - 539 total filings

Filing record · 2016–202610-K1110-Q348-K196

Showing 1–50 of 539 filings

Honeywell International 8-K Report, Financial Results (Oct 22, 2026)

Honeywell International Inc. reported strong third-quarter 2026 results, exceeding expectations and prompting an upward revision of its full-year financial guidance. The company demonstrated broad-based organic sales growth of 7%, driven by all three segments, alongside significant improvements in operating and segment margins. Despite a reported year-over-year decrease in EPS due to a one-time gain in the prior year, adjusted EPS saw a substantial 34% increase, reflecting improved operational performance and disciplined cost management. The company's robust performance, particularly in Building Automation and Industrial Automation, coupled with effective pricing strategies and productivity gains, has positioned Honeywell to raise its full-year outlook for organic revenue, adjusted EPS, and free cash flow. Management expressed confidence in the company's long-term strategy and its ability to meet future targets, underscoring a positive trajectory following its operational realignments.

Oct 22, 2026 10-Q

Honeywell International Quarterly Report for Q3 Ended Sep 30, 2026

Honeywell International Inc. (now operating as Honeywell Technologies) has completed a significant portfolio transformation, most notably the spin-off of its Aerospace business. The company is now positioned as a pure-play automation company, focusing on its three core segments: Building Automation, Process Automation and Technology, and Industrial Automation. This strategic shift aims to enhance focus and drive long-term growth within each sector. Financially, the third quarter of 2026 shows net sales of $4.994 billion, a slight increase from the prior year's $4.929 billion, driven by pricing actions and incremental sales from acquisitions, partially offset by divestitures. Net income attributable to Honeywell Technologies was $664 million for the quarter, a notable decrease from $1.825 billion in the prior year, largely due to a significant gain on the deconsolidation of Quantinuum in the current year's nine-month period and the absence of a large nonrecurring gain from the Resideo termination agreement in the prior year's comparable period. The company's balance sheet reflects a substantial reduction in total assets and liabilities compared to year-end 2025, primarily due to the Aerospace Spin-Off and other divestitures.

Oct 22, 2026 8-K

Honeywell International 8-K Report, Executive Changes (Aug 19, 2026)

Honeywell International (HON) filed an 8-K on August 19, 2026 disclosing executive leadership changes across its Process Automation & Technology (PA&T) and Building Automation (BA) businesses, effective October 1, 2026. Billal Hammoud, currently President and CEO of Building Automation, will become President and CEO of Process Technology (PT), a component of PA&T. Juan Picon, currently President of Building Automation Americas, will succeed Hammoud as President and CEO of Building Automation. Ken West, the current PT President and CEO, is leaving the company on August 31, 2026 to pursue an external opportunity. The filing is primarily a management-succession event rather than a financial disclosure. No financial results, guidance, compensation terms, or deal terms are included in the 8-K. The press release frames the moves as reflecting the depth of Honeywell's leadership bench and positions Hammoud to drive growth and profitability at PT, a business that the release does not quantify. Hammoud's record at BA, where the company reports organic sales growth rising from 2% in 2023 to 8% in 2025, is cited as the basis for his new assignment. For investors, the key items to monitor are execution continuity at PT following West's departure and whether Picon can sustain BA's growth trajectory, particularly in higher-growth verticals such as healthcare, hospitality and data centers. The filing does not indicate any change to financial guidance, and the press release does not state a reason for West's departure beyond an external opportunity.

Aug 19, 2026 10-Q

Honeywell International Quarterly Report (Amendment) for Q2 Ended Jun 30, 2026

Honeywell International Inc. reported solid operational performance and significant portfolio adjustments for the second quarter and first half of 2026, despite a challenging macroeconomic and geopolitical landscape. The company demonstrated resilience by effectively managing supply chain volatility and inflationary pressures through disciplined engagement and proactive mitigation strategies. Key strategic moves include the completed spin-off of the Aerospace business and the pending divestiture of Productivity Solutions and Services and Warehouse and Workflow Solutions, which are expected to simplify Honeywell's portfolio and enhance shareholder value. The acquisition of Johnson Matthey's Catalyst Technologies business in July 2026 further strengthens the company's strategic positioning.

Jul 24, 2026 8-K

Honeywell International 8-K Report, Financial Results (Jul 23, 2026)

Honeywell (HON) reported second quarter 2026 results on July 23, 2026, the first quarter reported after the June 29, 2026 spin-off of Honeywell Aerospace (HONA). Consolidated results still include the former Aerospace Technologies segment, so the headline figures are not comparable to the go-forward company. Consolidated sales were $9.7 billion (up 4% reported and organically), operating margin was 17.9%, segment margin was 23.1%, and GAAP diluted EPS was $17.83. That GAAP figure is inflated by a $6.6 billion pre-tax one-time gain on the deconsolidation of Quantinuum, and adjusted EPS was $4.52, down 4% year over year. Honeywell Technologies, the continuing pure-play automation business, is the figure investors should focus on. Its sales were $5.2 billion (up 3% reported, 4% organic), orders rose 16% to a roughly $20 billion backlog, segment margin expanded 100 bps to 19.0%, and adjusted EPS was $1.95, up 10%. Management raised its full-year 2026 Honeywell Technologies segment margin and adjusted EPS guidance to 20.1%-20.5% and $8.05-$8.35 (up 25%-29%), while lowering the sales outlook to $19.8-$20.0 billion. Organic growth guidance was raised to 3%-4%, with second-half organic growth expected at 4%-6%. Operating cash flow is expected at about $2.1 billion and free cash flow at about $2.0 billion, both unchanged. The sales range was trimmed partly for the pending divestitures of the PSS and WWS businesses, and the guidance includes the July 17 closing of the Johnson Matthey Catalyst Technologies acquisition. Balance sheet activity was heavy. Cash fell to $8.8 billion and total debt, including current maturities, was about $34 billion, while equity method investments rose to $7.5 billion, reflecting the Quantinuum deconsolidation. Divestiture-related costs of $820 million in the quarter, and $1.1 billion year to date, weighed on GAAP results and are a key item to monitor. Honeywell Aerospace will report its standalone second quarter results on August 5.

Jul 23, 2026 10-Q

Honeywell International Quarterly Report for Q2 Ended Jun 30, 2026

Honeywell International Inc. reported strong performance for the six months ended June 30, 2026, driven by significant net sales growth and a substantial gain on the deconsolidation of its former subsidiary, Quantinuum. Net sales increased to $18.86 billion from $18.25 billion in the prior year, reflecting positive contributions from pricing actions, acquisitions, and favorable foreign currency translation, partially offset by lower volumes and divestitures. The company also completed the spin-off of its Aerospace Technologies business, a strategic move to simplify its portfolio and enhance shareholder value. This event, along with other strategic transactions, significantly impacted the company's financial results, including a substantial one-time gain. The company demonstrated resilience in a challenging macroeconomic environment, characterized by elevated inflation and market volatility, by effectively managing costs and implementing strategic pricing. The deconsolidation of Quantinuum contributed a significant gain to net income, boosting earnings per share. While operational performance was solid, the company is actively managing its portfolio through divestitures and acquisitions, with the recent acquisition of Johnson Matthey's Catalyst Technologies business poised to strengthen its Process Automation and Technology segment. Investors should note the strategic shifts, including the Aerospace Spin-Off and ongoing portfolio management, as key drivers of current and future financial performance.

Jul 23, 2026 8-K

Honeywell International 8-K Report, Material Agreement (Jun 29, 2026)

On June 29, 2026, Honeywell International completed the spin-off of its Aerospace Technologies business into Honeywell Aerospace Inc. (Nasdaq: HONA), distributed at one HONA share for every two HON shares held as of June 15, 2026. The parent company now operates as Honeywell Technologies, a pure-play automation company (Nasdaq: HON), and will no longer consolidate Aerospace. Aerospace is reported as discontinued operations beginning in Q3 2026, with prior periods recast. Concurrently, a 1-for-2 reverse stock split took effect, reducing shares outstanding from roughly 634 million to roughly 317 million and cutting authorized shares from 2 billion to 1 billion. The filing also reflects the earlier deconsolidation of Quantinuum, which no longer qualifies as an operating segment. The pro forma financials show the continuing business is much smaller than the legacy company. For FY2025, pro forma continuing net sales were about $19.9 billion versus $37.4 billion as reported, and pro forma net income from continuing operations attributable to Honeywell was about $1.37 billion versus $4.46 billion. Continuing segment profit was $3.5 billion in FY2025 (up from $3.3 billion in FY2024), but segment profit margin on continuing sales is roughly 17.6%. Segment-level trends are mixed: Building Automation grew strongly (FY2025 sales up 13%, organic up 8%), Process Automation grew modestly, while Industrial Automation declined on a reported basis and took a $724 million goodwill impairment in Q4 2025. For investors, the key items are the scale of the remaining company, the capital structure changes (Aerospace issued $16.0 billion of senior notes, of which $13.0 billion was used to repay Honeywell Technologies debt, and $1 billion of cash is retained by Aerospace), and the ongoing relationships set out in the Separation, Tax Matters, and Trademark License agreements. Several figures are preliminary and subject to change in upcoming 10-K and 10-Q filings, so investors should treat the recast numbers as estimates.

Jun 29, 2026 8-K

Honeywell International 8-K Report, Executive Changes (Jun 15, 2026)

Honeywell's Board of Directors has formally approved the spin-off of Honeywell Aerospace, with the distribution expected to be completed on June 29, 2026. Shareholders of record on June 15, 2026 will receive one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock held, with cash paid in lieu of fractional shares. The Form 10 registration statement for Honeywell Aerospace was declared effective by the SEC on June 11, 2026, and the separation remains on track according to management. The remaining company will be renamed Honeywell Technologies and will continue to trade on Nasdaq under the "HON" ticker. The filing also details board changes tied to the separation. Directors Craig Arnold, William Ayer, D. Scott Davis and Deborah Flint will resign effective immediately before the spin-off is consummated, and they are expected to join the board of Honeywell Aerospace. Jillian Evanko resigned from the Honeywell board effective immediately for reasons tied to her other professional commitments. The company states that none of these departures involved any disagreement with its operations, policies or practices. For investors, the key items are the timing and mechanics of the distribution, the ticker transition, and the planned 1-for-2 reverse stock split of Honeywell Technologies stock immediately after the spin-off. Trading mechanics will be split between a "regular-way" market in HON, which carries the right to receive Honeywell Aerospace shares, and an "ex-distribution" market under "HONIV" from approximately June 15 through June 26, 2026. The filing's forward-looking statements caution that completion depends on satisfying or waiving conditions, and that the spin-off could be delayed, not achieve its intended benefits, or affect market prices and tax treatment.

Jun 15, 2026 8-K

Honeywell International 8-K Report, Regulation FD Disclosure (Jun 5, 2026)

On June 5, 2026, Honeywell (NASDAQ: HON) announced that its Board set June 15, 2026 as the record date for the spin-off of Honeywell Aerospace Inc. (ticker HONA). Under the planned pro rata distribution, holders of record will receive one HONA share for every two HON shares held at the close of business on the record date, with cash paid in lieu of fractional shares. The distribution is expected to take effect at 12:01 a.m. New York City time on June 29, 2026. The filing says the spin-off is expected to be tax-free to U.S. shareowners, except for cash received in lieu of fractional shares. Completion remains conditional on the Board formally declaring the distribution and on other conditions set out in the Form 10 Separation and Distribution Agreement. The Board also confirmed it will proceed with a 1-for-2 reverse stock split of HON common stock and a proportionate cut in authorized shares. The split is expected to take effect at 12:02 a.m. on June 29, 2026, and is contingent on the spin-off being completed. Outstanding shares would fall from about 634 million to about 317 million, and authorized shares would drop from 2 billion to 1 billion. The par value is unchanged, and the new CUSIP is 438516205. These are mechanical capital-structure changes. The filing contains no financial results, valuation data, or guidance, so it does not show whether either transaction changes the economic value of a shareholder's position. For investors, the key dates are June 15 (record date and start of when-issued trading under HONAV), June 15 to June 26 (two parallel HON markets, the regular-way 'HON' and the ex-distribution 'HONIV'), and June 29 (distribution, HONA regular-way trading, and the split-adjusted HON listing). The filing advises shareowners to consult financial advisors about trading decisions around the distribution date.

Jun 5, 2026 8-K

Honeywell International 8-K Report, Executive Changes (Jun 2, 2026)

Honeywell International (HON) filed an 8-K on June 2, 2026, disclosing that its Board of Directors appointed Jillian (Jill) Evanko to serve as an Independent Director and a member of the Audit Committee, effective June 1, 2026. Evanko, 48, has served as CEO of Duravant LLC since January 2026 and previously was President and CEO of Chart Industries, Inc., where she also served earlier as CFO. She currently sits on the board of Greif, Inc. She will stand for election at the 2027 Annual Meeting of Shareowners and will receive compensation under the company's existing non-employee director program. The filing contains no financial results, guidance, or material financial information. The appointment is most notable for its timing. The press release states that the Aerospace business spin-off is expected on June 29, 2026, and that Craig Arnold, Bill Ayer, Scott Davis, and Deborah Flint are expected to join the board of the new Honeywell Aerospace company. Evanko would then serve on the Honeywell board alongside Vimal Kapur (Chairman and CEO), Duncan Angove, Michael Lamach, Grace Lieblein, Indra Nooyi, Marc Steinberg, Robin Watson, and Stephen Williamson. The board refresh therefore appears to be part of the broader separation of Automation and Aerospace Technologies, which also includes the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. For investors, this is a governance event rather than a financial one. Evanko's background in capital allocation, M&A, operational excellence, and corporate finance, along with her Audit Committee seat, may be relevant to oversight of the post-separation company. The filing does not disclose her equity holdings, committee chair roles, or any related-party transactions, and it does not address the timing or terms of the separation or divestitures beyond the forward-looking statements.

Jun 2, 2026 8-K

Honeywell International 8-K Report, Shareholder Vote Results (May 27, 2026)

Honeywell International Inc. (HON) filed an 8-K report on May 27, 2026, detailing the results of its Annual Meeting of Shareowners held on May 22, 2026. The meeting primarily focused on routine corporate governance matters. All director nominees were overwhelmingly elected, indicating strong shareholder confidence in the current board. Additionally, shareholders approved, on an advisory basis, the compensation of the named executive officers, reflecting general satisfaction with the company's executive pay structure. The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2026 also received widespread approval, a standard procedure that reassures investors about financial oversight.

May 27, 2026 8-K

Honeywell International 8-K Report, Corporate Update (Apr 23, 2026)

Honeywell (HON) filed this Form 8-K on April 23, 2026 to recast its historical segment information in its 2025 Form 10-K (filed February 17, 2026). The filing is administrative: it does not restate any financial statements, and the consolidated balance sheet, statement of operations, comprehensive income, shareowners' equity, and cash flows are unchanged. The recast reflects a segment realignment effective Q1 2026. A new Process Automation and Technology (PA&T) segment combines UOP (formerly in Energy and Sustainability Solutions) with the core Honeywell Process Solutions business (formerly in Industrial Automation). The Energy and Sustainability Solutions segment is eliminated, and Industrial Automation is reconstituted. Revenue disaggregation by business model is now reported for Building Automation, PA&T, and Industrial Automation. For investors, the practical implication is that segment-level comparisons for 2024 and 2025 now reflect the new structure, so historical figures for the affected segments are not directly comparable to previously reported numbers. The recast 2025 segment revenue shows Aerospace Technologies at $17,510 million, Building Automation at $7,367 million, PA&T at $6,437 million, and Industrial Automation at $6,098 million, with total 2025 sales of $37.4 billion. The filing also reiterates the planned separation of Honeywell from Honeywell Aerospace in Q3 2026, which is the key structural event for the company. The filing contains no new financial results, guidance, or forward-looking commentary beyond what was in the original 10-K. Investors should read it alongside the original 10-K and the Q1 2026 10-Q, which already reflect the realignment. The main value is in enabling accurate multi-year segment trend analysis under the new structure.

Apr 23, 2026 10-Q

Honeywell International Quarterly Report for Q1 Ended Mar 31, 2026

Honeywell International Inc. reported net sales of $9,143 million for the first quarter of 2026, a 2% increase from the prior year's quarter, driven by pricing actions and favorable foreign currency translation, partially offset by lower sales volumes and the impact of divestitures. Net income attributable to Honeywell was $821 million, or $1.29 per diluted share, a significant decrease from $1,449 million, or $2.22 per diluted share, in the same period last year. This decline was primarily due to a $239 million loss on debt extinguishment, a $263 million impairment of assets held for sale, and higher divestiture-related costs. The company is actively managing its portfolio, with plans to separate its Aerospace Technologies business by June 29, 2026, and has reached agreements to sell its Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. The acquisition of Johnson Matthey's Catalyst Technologies business is expected to close in the third quarter of 2026. Despite near-term headwinds from debt extinguishment and impairments, Honeywell's backlog increased by 15% to $38.3 billion, indicating strong future demand across its segments, particularly in Aerospace Technologies. The company continues to focus on operational cash flow generation as a primary source of liquidity.

Apr 23, 2026 8-K

Honeywell International 8-K Report, Financial Results (Apr 23, 2026)

Honeywell (HON) reported first-quarter 2026 results on April 23, 2026 with sales of $9.1 billion, up 2% on both reported and organic bases, and orders up 7% organically, lifting backlog to about $38.3 billion. Operating income fell 14% to $1.47 billion and operating margin contracted 320 basis points to 16.1%, driven mainly by a $263 million impairment on assets held for sale (PSS and WWS) and higher repositioning and divestiture costs. Excluding these items, segment profit rose 6% to $2.1 billion and segment margin expanded 90 basis points to 23.3%. GAAP EPS was $1.29, down 35%, reflecting debt restructuring charges ($239 million loss on debt extinguishment), impairments, and separation costs. Adjusted EPS rose 11% to $2.45. Cash flow was weak: operating cash flow from continuing operations was negative $650 million, and free cash flow was $56 million, down 71%, due to spin-off and separation payments, a Flexjet litigation settlement payment, and timing of collections partly tied to the Middle East conflict. Management reaffirmed full-year 2026 sales guidance of $38.8-39.8 billion, adjusted EPS of $10.35-10.65, and free cash flow of $5.3-5.6 billion, while cutting its operating cash flow outlook to $4.4-4.7 billion from $4.7-5.0 billion. Strategically, Honeywell agreed to sell its Warehouse and Workflow Solutions business to American Industrial Partners, following the April 20 announcement of the Productivity Solutions and Services sale to Brady Corporation. Both deals are expected to close in the second half of 2026. The Honeywell Aerospace spin-off (ticker HONA) is now targeted for June 29, 2026, subject to board approval, which would complete the multi-year portfolio transformation.

Apr 23, 2026 8-K

Honeywell International 8-K Report, Corporate Update (Mar 23, 2026)

On March 20, 2026, Honeywell (HON) announced the early participation results and pricing of its debt tender offers, which were run by Honeywell and separately tied to the planned spin-off of Honeywell Aerospace. Honeywell upsized the Dollar tender offer's maximum purchase amount from $3.75 billion to $4.67 billion, and set a Euro maximum of approximately €2.49 billion. As of the March 19 early participation date, holders had tendered about $7.21 billion of Dollar securities and €2.60 billion of Euro securities. Based on the pricing release, Honeywell expects to accept about $4.64 billion of Dollar securities (with proration of roughly 93% at the Acceptance Priority Level 11 tier) and about €2.47 billion of Euro securities, with settlement expected March 24, 2026. The Dollar tender offer's Acceptance Priority Level 12 and below, and the Euro tender offer's Level 7, were not accepted. The Form 8-K also states that the special mandatory redemption obligation on roughly $10.75 billion of senior notes issued by Honeywell Aerospace Inc. on March 16, 2026 will cease to apply upon settlement of the tender offers. This indicates the Aerospace notes' special mandatory redemption feature, which is typically tied to the spin-off closing, will fall away. The filing does not provide the spin-off timing, and it does not give a detailed financial impact on Honeywell's balance sheet or earnings. For investors, the main takeaways are that Honeywell is actively managing its legacy debt stack ahead of the Aerospace separation, retiring a large amount of higher-coupon debt, and eliminating the Aerospace special redemption feature. The filing is primarily a debt-management update. Its details on the spin-off and on Honeywell's post-separation capital structure remain limited, so investors should review the Form 10-K and other SEC filings for those points.

Mar 23, 2026 8-K

Honeywell International 8-K Report, Agreement Terminated (Mar 16, 2026)

Honeywell (HON) filed an 8-K reporting the financing steps tied to its planned spin-off of Honeywell Aerospace Inc. ("Aerospace"). On March 16, 2026, Aerospace issued $16.0 billion of senior notes in a private (Rule 144A/Regulation S) offering. Of that total, $10.0 billion are "New Money Notes" (maturities from 2028 to 2036, with coupons from 3.900% to 4.950% and a SOFR-based floating tranche) and $6.0 billion are "Exchange Notes" (maturities 2046 to 2066, coupons 5.622% to 5.852%). A portion of the new money proceeds went to Honeywell as a cash distribution, and the Exchange Notes were issued to Honeywell as partial consideration for assets contributed to Aerospace. Honeywell used the Exchange Notes and cash to satisfy and discharge its $2026 term loan, which was entered into March 2, 2026, and it also terminated its $1.0 billion fixed rate term loan dated August 12, 2024. Honeywell plans to use the cash distribution, together with borrowings under the 2026 term loan, to fund its debt tender offers and redemptions, and other debt retirements. These actions include the redemption of its EUR 750 million 2.250% notes due 2028 on April 10, 2026. Honeywell will guarantee the Aerospace notes until the spin-off closes, and it will be automatically released from that guarantee upon completion. Aerospace also agreed to file an exchange offer or shelf registration statement within 365 days after the spin-off is consummated, and it must use reasonable best efforts to complete the exchange offer within that same window. For investors, the filing shows Honeywell moving to shift a large amount of debt to the spun-off Aerospace entity and to deleverage its remaining business. The filing does not disclose the spin-off timing, pro forma leverage, or the size of the cash distribution, so those items require the full Form 10 and the March 6, 2026 8-K for context.

Mar 16, 2026 8-K

Honeywell International 8-K Report, Material Agreement (Mar 6, 2026)

Honeywell (HON) filed an 8-K on March 6, 2026 detailing the financing architecture for its planned spin-off of Honeywell Aerospace, expected to close in Q3 2026. Aerospace launched a private offering of up to $16.0 billion of senior notes. Part of the proceeds will fund a cash distribution to Honeywell ahead of the spin, and some notes (the Exchange Notes) will be swapped directly with lenders to retire Honeywell's $6.0 billion 2026 Term Loan. Honeywell is simultaneously running tender offers (up to $3.75 billion USD and €1.25 billion) and make-whole redemptions of several senior note series, all aimed at reducing parent-level leverage ahead of the separation. The Aerospace notes offering closing does not depend on the spin, the tender offers, or the redemptions, but the tender offers and redemptions are conditioned on the Financing Condition. Honeywell also replaced its existing $3.0 billion 364-day and $4.0 billion five-year revolving credit facilities with new facilities of the same size, which step down to $2.0 billion and $3.0 billion respectively after the spin. Aerospace separately obtained its own $1.0 billion 364-day and $3.0 billion five-year revolvers, available only at spin completion. Aerospace's facilities carry a ticking fee starting July 1, 2026, and Honeywell's guarantees of Aerospace debt are released at the spin. Most of the new facilities contain no financial covenants and no dividend restrictions. For investors, the filing shows Honeywell reshaping its balance sheet: the parent takes on less debt, Aerospace carries a large new unsecured debt load, and the timing depends on market conditions, the spin, and waivable conditions. Investors should watch the early participation date (March 19), the expected April 7 expiration of the tender offers, and whether the spin closes on schedule. If the spin does not occur by December 18, 2026, Aerospace's commitments are automatically terminated.

Mar 6, 2026 8-K

Honeywell International 8-K Report, Regulation FD Disclosure (Mar 3, 2026)

On March 3, 2026, Honeywell International (HON) disclosed that its wholly owned subsidiary, Honeywell Aerospace Inc., filed a Form 10 registration statement with the SEC for the planned spin-off of its Aerospace business into an independent, publicly traded company. The filing is a significant procedural milestone: Honeywell Aerospace is expected to list on Nasdaq under the ticker "HONA" and complete the separation in the third quarter of 2026, with the transaction structured to be tax-free to Honeywell shareholders for U.S. federal income tax purposes (aside from cash in lieu of fractional shares). The Form 10 is subject to change before its effective date, so the details are not final. The Form 10 presents Honeywell Aerospace as a standalone business with 2025 net sales of $17.4 billion, pro forma net income of $1.5 billion, and pro forma Adjusted EBIT of $4.3 billion (about $4,256 million). The business will be organized into three segments: Electronic Solutions ($6.8B), Engines & Power Systems ($5.4B), and Control Systems ($5.2B). Management highlights its positions in commercial air transport, business aviation, and defense and space, along with a record backlog, leading margins, and an investment-grade credit rating. Investors should note that pro forma figures include $202 million of incremental standalone costs (including a $150 million trademark license fee) and exclude an additional $68 million of estimated standalone corporate costs. Reported 2025 Aerospace net sales were also reduced by $312 million due to Flexjet-related litigation, and the pro forma EBIT reconciliation reflects a $373 million Flexjet litigation settlement and $831 million of transaction costs. The key near-term catalyst is the Honeywell Aerospace Investor Day on June 3, 2026, in Phoenix, Arizona, where management is expected to present its value creation strategy, financial model, and outlook. Investors should watch that event, subsequent amendments to the Form 10, and the final capital structure, credit ratings, and tax treatment as the spin-off approaches. Because this filing is a preliminary milestone and the stated forward-looking plans remain subject to change, it should be treated as a roadmap rather than a final commitment.

Mar 3, 2026 8-K

Honeywell International 8-K Report, Regulation FD Disclosure (Feb 17, 2026)

On February 17, 2026, Honeywell filed its 2025 Form 10-K and, in a related Regulation FD press release (Exhibit 99.1), disclosed incremental impairment charges tied to the planned sale of its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses. The charges were recorded after the January 29, 2026 earnings release: a $436 million goodwill impairment in the Industrial Automation segment and a $35 million impairment on assets held for sale, partly offset by a $61 million tax benefit. Together these imply a net after-tax charge of roughly $410 million, though the filing does not state that figure directly. As a result, reported full-year 2025 GAAP results were lowered. Diluted EPS from continuing operations was revised to $6.94, net income from continuing operations to $4,468 million, operating income to $5,573 million, and operating margin to 14.9%. Honeywell states that these charges do not affect its previously announced adjusted fourth-quarter or full-year 2025 results, and it reaffirmed its 2026 guidance. The key forward-looking item is timing: Honeywell still expects to announce the sale of the PSS and WWS businesses in the first half of 2026. Investors should watch that announcement for valuation and proceeds, since the impairments suggest the sale value is below prior carrying values. The release also references the proposed separation of Honeywell from Honeywell Aerospace, which remains a separate strategic event. The filing is a disclosure of accounting adjustments and does not itself reveal sale terms.

Feb 17, 2026 10-K

Honeywell International Annual Report, Year Ended Dec 31, 2025

Honeywell International Inc. reported a solid performance in 2025, driven by broad-based growth across its business segments and strategic portfolio actions. The company achieved an 8% increase in sales, reaching $37.4 billion, with its Aerospace Technologies segment delivering a third consecutive year of double-digit growth. Honeywell's strategic focus on portfolio optimization was evident through the spin-off of its Advanced Materials business and the acquisition of Sundyne. The company also announced its intent to separate its Aerospace Technologies business into an independent entity, a move expected to be completed in the third quarter of 2026. Financially, Honeywell demonstrated strong operational cash flow generation and continued its commitment to capital deployment through share repurchases and dividend increases. The company's robust backlog of $37.5 billion provides a strong foundation for future growth. Despite macroeconomic headwinds such as inflation and supply chain disruptions, Honeywell's mitigation strategies proved effective, allowing it to navigate these challenges while focusing on long-term shareowner value.

Feb 17, 2026 8-K

Honeywell International 8-K Report, Financial Results (Jan 29, 2026)

Honeywell reported fourth-quarter 2025 sales of $9.76 billion, up 6% year over year, or up 10% on an adjusted basis ($10.07 billion) and 11% organically. Orders rose 23% organically, lifting backlog to a record of over $37 billion. GAAP EPS fell 72% to $0.49, driven by a $288 million goodwill impairment, a $220 million impairment on assets held for sale tied to the Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses, and a $373 million segment-profit charge (a $312 million sales reduction) from the Flexjet litigation settlement. Excluding these items, adjusted EPS rose 17% to $2.59, and full-year adjusted EPS was $9.78, up 12%. The 2026 outlook calls for sales of $38.8 to $39.8 billion, 3% to 6% organic growth, adjusted EPS of $10.35 to $10.65 (up 6% to 9%), and free cash flow of $5.3 to $5.6 billion. The guidance excludes the pending Johnson Matthey Catalyst Technologies acquisition. The company also said the separation of Honeywell Aerospace is now expected in the third quarter of 2026, ahead of prior expectations. The filing furnishes recast segment data for a new reporting structure effective Q1 2026. Energy and Sustainability Solutions will be eliminated as a reportable segment. Its UOP business will move into a new Process Automation and Technology segment, alongside the core Process Solutions business. Industrial Automation will be reconstituted, and the company will report four segments: Aerospace Technologies, Building Automation, Process Automation and Technology, and Industrial Automation. The recast data is unaudited and does not restate prior financial statements.

Jan 29, 2026 8-K

Honeywell International 8-K Report, Financial Results (Dec 22, 2025)

Honeywell (HON) filed an 8-K on December 22, 2025 with three main items: a segment realignment, the completed Advanced Materials spin-off, and a litigation update. Beginning in Q1 2026, Honeywell will report four reportable segments: Aerospace Technologies, Building Automation, Process Automation and Technology (a new segment combining Honeywell Process Solutions core process solutions and UOP), and Industrial Automation. The Energy and Sustainability Solutions segment will no longer be reported. Exhibit 99.1 provides recast unaudited historical segment data. The realignment has no effect on historical consolidated results, but it changes how investors will read segment performance going forward. The Advanced Materials business was spun off on October 30, 2025 as Solstice Advanced Materials (NASDAQ: SOLS) and is now presented as discontinued operations across all periods. In 2024 it generated about $3.8 billion in sales, $1.0 billion in operating income, and $1.0 billion in operating cash flow. Continuing-operations net sales were $34.7 billion in 2024, and segment profit was $7.7 billion. The most material near-term item for investors is the Flexjet litigation. Honeywell expects a one-time fourth-quarter 2025 charge in Aerospace Technologies of about $310 million to GAAP sales (contra-revenue) and about $370 million to operating income. Comprehensive settlements could also involve roughly $470 million in cash payments, though the figures remain subject to negotiation and no settlement is assured. The filing also references the evaluation of strategic alternatives for the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and a proposed separation of Automation and Aerospace Technologies.

Dec 22, 2025 8-K

Honeywell International 8-K Report, Executive Changes (Dec 10, 2025)

Honeywell International (HON) filed an 8-K on December 10, 2025 to announce the appointment of Indra Nooyi, 70, former Chair and CEO of PepsiCo, as an Independent Director effective January 1, 2026. Nooyi led PepsiCo as CEO from 2006 through 2018 and chaired its board from 2007 to 2019, and she previously served five years as President and CFO. She currently sits on the Amazon board, where she chairs the audit committee, and on the Philips supervisory board. She will stand for election at the 2026 Annual Meeting of Shareowners and will receive standard non-employee director compensation. For investors, this is a governance-focused event rather than a financial one. The filing contains no earnings, guidance, or balance sheet information. The appointment adds a seasoned consumer-industry executive with deep finance, strategy, and audit-committee experience to the board, and Chairman and CEO Vimal Kapur framed it as supporting long-term value creation. Her audit-committee background at Amazon may be especially relevant given Honeywell's ongoing portfolio transformation. The appointment carries limited near-term financial impact, since director compensation follows existing practices and no executive compensation changes are disclosed. Shareholders will have the opportunity to vote on her election at the 2026 annual meeting, which is the key milestone to watch. The Item 7.01 disclosure is furnished rather than filed, so it is not subject to Section 18 liability.

Dec 10, 2025 8-K

Honeywell International 8-K Report, Executive Changes (Nov 3, 2025)

Honeywell International (HON) filed an 8-K on November 3, 2025 disclosing leadership appointments tied to its planned spin-off of the Aerospace Technologies business, now called Honeywell Aerospace. James E. Currier, current President and CEO of Aerospace Technologies, has been selected to become President and CEO of the independent Honeywell Aerospace. Craig Arnold, retired Chairman and CEO of Eaton Corporation, has been selected as non-executive Chairman of the Honeywell Aerospace board. Arnold was also appointed to Honeywell's own Board of Directors, effective immediately, on an interim basis, and will stand for election at the 2026 Annual Meeting of Shareowners. For investors, the filing is primarily a governance and execution milestone rather than a financial event. The company reiterated that the separation remains on track for completion in the second half of 2026, subject to conditions including the Form 10 registration statement becoming effective, a tax-free treatment confirmation, regulatory approvals, and final board approval. The spin-off would create one of the largest publicly listed pure-play aerospace suppliers, with more than $15 billion in 2024 sales, headquartered in Phoenix, Arizona. The filing does not disclose new financial results, guidance changes, or spin-off economics such as capital structure or debt allocation. The announcement follows Honeywell's earlier separation of its Advanced Materials business, now Solstice Advanced Materials, which became independent on October 30, 2025. Together, these moves reflect a broader portfolio optimization strategy. Investors should monitor the Form 10 filing, the final capital structure, and the terms of the Aerospace spin-off, as these will determine how value and capital allocation are split between the two companies.

Nov 3, 2025 8-K

Honeywell International 8-K Report, Corporate Update (Oct 30, 2025)

On October 30, 2025, Honeywell International (HON) completed the spin-off of its Advanced Materials business, now operating as Solstice Advanced Materials Inc. (Nasdaq: SOLS). Honeywell distributed one share of Solstice common stock for every four shares of Honeywell common stock held as of the October 17, 2025 record date. Solstice began regular-way trading the same day at 9:30 a.m. New York time. Fractional shares were aggregated and sold in the open market, with holders receiving cash in lieu of fractions. Honeywell no longer owns any Solstice shares and will stop consolidating Solstice's results in its own financial statements, so investors should expect a change in reported revenue and earnings scope going forward. The transaction is the first of three planned separations that management describes as creating three independent, focused market leaders. Chairman and CEO Vimal Kapur characterized the completion as a major step in that transformation and said a more focused portfolio should deliver greater long-term value for shareowners. Honeywell's stock continues to trade as HON. The separation of its Automation and Aerospace businesses remains on track for completion in the second half of 2026. For shareholders, the key takeaways are the mechanical outcome of the distribution, the deconsolidation of Advanced Materials from Honeywell's reported results, and the remaining separation timeline. The filing itself does not quantify Solstice's financial contribution, the value of the distributed shares, or Honeywell's pro forma financial impact, so those details would need to come from the Form 10 or Solstice's own disclosures. The press release also includes forward-looking risk language covering execution, tax treatment, capital structure, and credit ratings.

Oct 30, 2025 8-K

Honeywell International 8-K Report, Financial Results (Oct 23, 2025)

Honeywell reported third-quarter 2025 results that met or exceeded guidance: sales of $10.4 billion (up 7% reported, 6% organic), GAAP EPS of $2.86 (up 32%), and adjusted EPS of $2.82 (up 9%). Orders rose 22%, and backlog reached a new record, led by Aerospace Technologies and Energy and Sustainability Solutions. Operating margin contracted 220 bps to 16.9%, while segment margin fell 50 bps to 23.1%. The GAAP EPS increase was largely driven by a $802 million pre-tax gain from the termination of the Resideo indemnification agreement, which investors should weigh against the underlying adjusted figures. Adjusted EPS was also burdened by a $161 million environmental liability increase and a $112 million asbestos divestiture settlement loss, both excluded from adjusted EPS. Management raised full-year 2025 organic sales growth to approximately 6% and raised adjusted EPS guidance to $10.60-$10.70 (up $0.10 at the midpoint). These figures now include the expected $0.21 dilution from the October 30, 2025 spin-off of Solstice Advanced Materials. Full-year sales guidance is $40.7-$40.9 billion, and free cash flow guidance is $5.2-$5.6 billion, reduced by about $0.2 billion from the spin. Excluding the Bombardier agreement impact, adjusted EPS is expected to grow about 3% year over year. Honeywell is executing a three-way separation: Solstice is being spun off, Automation and Aerospace are to be separated in the second half of 2026, and automation will be reorganized into three new segments starting in Q1 2026. Free cash flow in the quarter fell 16% to $1.5 billion, mainly because of the $1.59 billion Resideo termination payment. Investors should watch execution of the separations, the quality of organic growth in Industrial Automation (which was weak), and the impact of the strategic reviews of Productivity Solutions and Warehouse and Workflow Solutions.

Oct 23, 2025 10-Q

Honeywell International Quarterly Report for Q3 Ended Sep 30, 2025

Honeywell International Inc. (HON) reported strong financial results for the third quarter and nine months ended September 30, 2025. Net sales increased by 7% in the third quarter and 8% year-to-date, driven by a combination of higher pricing to offset inflation, increased sales volumes, and favorable foreign currency translation. The company also saw a significant boost in net income, largely attributable to a substantial gain from the termination of the Resideo indemnification and reimbursement agreement, which significantly offset increased divestiture-related costs and adjustments to environmental liabilities. The company is actively managing its portfolio through strategic acquisitions, including the pending acquisition of Johnson Matthey's Catalyst Technologies business, and divestitures, such as the recent sale of its PPE business. Furthermore, Honeywell is progressing with its plan to separate into three independent public companies, with the spin-off of its Advanced Materials business expected by October 30, 2025. Despite inflationary pressures and supply chain challenges, Honeywell's proactive mitigation strategies have helped to minimize disruptions, and the company maintains a strong liquidity position with substantial cash reserves and access to credit facilities.

Oct 23, 2025 8-K

Honeywell International 8-K Report, Corporate Update (Oct 22, 2025)

On October 22, 2025, Honeywell (HON) filed an 8-K under Item 8.01 (Other Events) announcing a realignment of its reportable business segments, expected to take effect in Q1 2026. The Industrial Automation and Energy and Sustainability Solutions segments will be restructured into a new reportable segment, Process Automation and Technology (PA&T), which will include UOP (currently in Energy and Sustainability Solutions) and the core portion of Process Solutions (currently in Industrial Automation). Post-realignment, Honeywell's reportable segments will be Aerospace Technologies, Building Automation, Process Automation and Technology, and Industrial Automation. The company states the change has no impact on historical consolidated financial position, results of operations, or cash flows, and it will provide recast historical segment data later in 2025 and 2026, explicitly noting this is not a restatement. The announcement is framed as a preparatory step ahead of the planned spin-off of the Aerospace Technologies business, which remains on track for the second half of 2026 and is intended to be tax-free to shareholders. The separate spin-off of Solstice Advanced Materials was expected to be completed on October 30, 2025. Post-spin, Honeywell plans to be a three-segment company (Building Automation, Industrial Automation, and PA&T), with leadership retained under Chairman and CEO Vimal Kapur. Note that the filing's date context is October 2025, while the current date is later; investors should verify the status of the Aerospace spin-off and Solstice separation against more recent filings. For investors, the key takeaways are that the realignment is primarily presentational and does not change reported financials, but it will alter segment-level comparability starting with Q1 2026 results. Investors should rely on the recast historical data to evaluate segment trends. The filing also reiterates forward-looking risks tied to the spin-off, including execution, credit rating, capital structure, and tax treatment uncertainties.

Oct 22, 2025 8-K

Honeywell International 8-K Report, Executive Changes (Oct 16, 2025)

Honeywell's board has formally approved the spin-off of its Advanced Materials business, which will become an independent public company named Solstice Advanced Materials Inc. (ticker SOLS). Honeywell will distribute all Solstice shares pro rata at one Solstice share for every four HON shares held at the close of business on the October 17, 2025 record date, with the distribution effective at 12:01 a.m. ET on October 30, 2025. The company states the transaction remains on track, and the filing points to a when-issued trading start for Solstice (SOLSV) around October 20, 2025, followed by a dual-market period for HON shares (regular-way and ex-distribution under HONIV) through October 29. The filing also discloses that director Rose Lee will resign from Honeywell's board effective immediately prior to the spin-off's consummation, because she will join Solstice's board. Her resignation is described as unrelated to any disagreement with the company's operations, policies, or practices. She remains on the Honeywell board until the spin-off closes. For investors, the key takeaways are the concrete timeline and mechanics of the separation, which is a major step in Honeywell's portfolio transformation. The filing contains standard forward-looking risk language covering spin-off execution, tax treatment, capital structure and credit ratings, and possible market-price effects. The 8-K itself does not quantify Solstice's financial profile, valuation, or debt allocation, so investors will need to review the Form 10 registration statement and the separation agreement for those details.

Oct 16, 2025 8-K

Honeywell International 8-K Report, Regulation FD Disclosure (Oct 1, 2025)

On September 29, 2025, Honeywell permanently divested its legacy Bendix asbestos liabilities and certain non-Bendix asbestos liabilities by selling Sterling Wander LLLP, an indirect subsidiary, to Delticus, a corporate liability acquisition platform. Sterling Wander was capitalized with the related insurance assets and approximately $1.68 billion in cash. Honeywell reports that a solvency opinion from an independent advisory firm supported the conclusion that Sterling Wander and its subsidiaries were solvent and adequately capitalized at closing. Delticus now manages the claims and insurance reimbursements, and the liabilities and related insurance assets will be removed from Honeywell's consolidated balance sheet. For investors, the key financial points are a one-time after-tax loss of approximately $115 million, which the company will exclude from Adjusted EPS, and an expected improvement of more than $100 million in annual free cash flow over the next several years, with that benefit declining over time. Honeywell states it will have no further financial exposure to the transferred liabilities and is fully indemnified. The company funded part of its contribution using a portion of the approximately $1.6 billion in cash received from the recently announced Resideo Indemnification and Reimbursement Agreement termination. The filing does not disclose Honeywell's exact share of the $1.68 billion versus Delticus's share. The transaction is framed as part of Honeywell's broader portfolio simplification ahead of its planned separation into three independent companies, which the company expected to complete in the second half of 2026. The 8-K also references the proposed spin-off of Advanced Materials into Solstice Advanced Materials, the proposed separation of Automation and Aerospace Technologies, and the evaluation of strategic alternatives for the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. These items are forward-looking and subject to risks, and the filing notes that plans may be modified or abandoned.

Oct 1, 2025 8-K

Honeywell International 8-K Report, Regulation FD Disclosure (Oct 1, 2025)

Honeywell (HON) announced that its Board has set October 17, 2025 as the record date for the pro rata spin-off of its Advanced Materials business, Solstice Advanced Materials Inc. Eligible shareholders of record at the close of business on that date are expected to receive one share of Solstice common stock for every four shares of Honeywell common stock held. The distribution is expected to take effect at 12:01 a.m. New York City time on October 30, 2025, with Solstice trading on Nasdaq under the ticker SOLS. The Form 10 registration statement was declared effective by the SEC on September 30, 2025, and completion remains subject to conditions, including the Board formally declaring the distribution. The filing also discloses that Solstice issued $1 billion of 5.625% senior unsecured notes due 2033 on September 30, 2025. The proceeds are held in escrow until the spin-off conditions are satisfied and other escrow release conditions are met. If those conditions are not met by March 31, 2026, the notes must be redeemed at 100% of principal plus accrued interest. This escrow structure gives the notes a built-in deadline tied to the separation, which is a relevant risk factor for the spin-off timeline. For Honeywell shareholders, the key near-term considerations are the trading mechanics. Honeywell expects two markets to exist from October 20 through October 29, 2025: a regular-way market in HON, which carries the right to receive Solstice shares, and an ex-distribution market under HON WI, which does not. The spin-off is expected to be tax-free for U.S. federal income tax purposes, except for cash received in lieu of fractional shares. Forward-looking statements in the filing flag risks including the spin-off not being completed on schedule, failing to achieve its intended benefits, credit rating and capital structure outcomes, and tax treatment.

Oct 1, 2025 8-K

Honeywell International 8-K Report, Executive Changes (Aug 22, 2025)

Honeywell International Inc. (HON) has announced a significant leadership change within its Industrial Automation (IA) segment through an 8-K filing. Effective October 15, 2025, Mr. Peter Lau will assume the role of President and CEO of the IA segment, reporting directly to Chairman and CEO Vimal Kapur. Mr. Lau brings a wealth of experience, including a prior senior leadership role within Honeywell's own Security, Fire and Electrical Products businesses, as well as CEO experience at FARO Technologies. This appointment signals a strategic move to leverage Lau's expertise to drive growth and innovation within the critical IA division. Concurrently, the current President and CEO of IA, Mr. Lucian Boldea, will be departing the company on August 31, 2025. While the filing does not provide specific reasons for Mr. Boldea's departure, the transition signifies a shift in leadership for the IA segment. Investors should closely monitor the strategic direction and performance of the Industrial Automation segment under Mr. Lau's leadership, considering his background and prior experience within Honeywell.

Aug 22, 2025 8-K

Honeywell International 8-K Report, Regulation FD Disclosure (Aug 21, 2025)

On August 21, 2025, Honeywell (HON) disclosed via Form 8-K that its wholly owned subsidiary, Solstice Advanced Materials, LLC, has filed a Form 10 registration statement with the SEC in connection with the planned spin-off of its Advanced Materials business into an independent, publicly traded company, Solstice Advanced Materials Inc. The filing is primarily a Regulation FD disclosure: no new financial results or transaction terms were reported, and the Form 10 itself is subject to change before it becomes effective. The company also announced the anticipated Board of Directors for Solstice, to be chaired by Dr. Rajeev Gautam, a former Honeywell PMT CEO, with David Sewell, Solstice's CEO, also serving on the board. The Form 10 provides the most substantive financial picture to date. In 2024, Solstice generated net sales of $3.8 billion, net income of $0.6 billion, and adjusted EBITDA of $1.1 billion, with the net income and EBITDA figures excluding $0.2 billion and $0.1 billion, respectively, in standalone and public company costs. The business is organized into two segments: Refrigerants & Applied Solutions ($2.7 billion in 2024 net sales) and Electronic & Specialty Materials ($1.0 billion). Solstice is expected to list on Nasdaq under the ticker "SOLS," and management expects the spin-off to be tax-free to Honeywell shareholders for U.S. federal income tax purposes, with completion targeted for the fourth quarter of 2025. An Investor Day is scheduled for October 8, 2025. For investors, the key takeaways are that this is a milestone in a multi-step separation rather than a completed transaction, and that the spin-off's value creation case rests on Solstice's standalone profile, including its mid-single-digit organic growth framework and strong margins, which will be tested at the Investor Day. The filing also carries standard forward-looking risk factors, including execution risk, the possibility that the spin-off is delayed or not completed, and uncertainty around capital structure, credit ratings, and the tax treatment of the transaction.

Aug 21, 2025 8-K

Honeywell International 8-K Report, Agreement Terminated (Jul 30, 2025)

Honeywell International Inc. (HON) has entered into an agreement to terminate its Indemnification and Reimbursement Agreement with Resideo Technologies, Inc. (Resideo) and its subsidiary RIH. This agreement allows for the accelerated monetization of the original arrangement, which was designed to share costs for certain environmental and hazardous exposure liabilities related to historical operations. Under the new agreement, RIH will make a one-time cash payment of $1.59 billion to Honeywell, expected by August 29, 2025, which effectively settles all future payment obligations related to these liabilities. This significant cash infusion provides Honeywell with immediate capital, reducing future contingent liabilities and simplifying its financial structure. The transaction is expected to close by late August 2025, with a potential extension to late October 2025. A quarterly payment of $35,000,000 was already made by Resideo on July 29, 2025, for the fiscal quarter ending September 30, 2025. The termination agreement also includes provisions for potential liquidated damages of $100 million if the closing does not occur under specific circumstances, particularly if Resideo's financing is not secured.

Jul 30, 2025 10-Q

Honeywell International Quarterly Report for Q2 Ended Jun 30, 2025

Honeywell International Inc. reported strong top-line growth for the second quarter and first half of 2025, with net sales increasing by 8% year-over-year for both periods. This growth was driven by a combination of increased pricing to offset inflation, incremental sales from recent acquisitions, and higher sales volumes across its business segments. The company also demonstrated effective portfolio management, completing the divestiture of its PPE business and the acquisition of Sundyne, while announcing an agreement to acquire Johnson Matthey's Catalyst Technologies business. Significant strategic initiatives are underway, including planned separations of its Aerospace Technologies and Automation businesses, and a spin-off of its Advanced Materials business, aimed at simplifying the portfolio and enhancing shareholder value. While the company faces macroeconomic uncertainties such as trade tensions and inflationary pressures, it has implemented proactive mitigation strategies. Financially, net income attributable to Honeywell saw a modest increase year-over-year, with diluted EPS rising due to higher segment profit and a lower effective tax rate, partially offset by increased financial charges and divestiture-related costs. The company maintained a robust cash position and continued its commitment to returning capital to shareholders through share repurchases and dividends.

Jul 24, 2025 8-K

Honeywell International 8-K Report, Financial Results (Jul 24, 2025)

Honeywell reported second-quarter 2025 results that met or exceeded company guidance. Reported sales rose 8% to $10.4 billion and organic sales rose 5%, led by double-digit organic growth in Defense & Space and UOP. GAAP EPS was $2.45 (up 4%) and adjusted EPS was $2.75 (up 10%), both above the high end of prior guidance. Segment margin contracted 10 basis points to 22.9% and operating margin fell 30 basis points to 20.4%, in line with prior guidance. Operating cash flow was $1.3 billion (down 4%) and free cash flow was $1.0 billion (down 9%). Management raised full-year organic growth guidance to 4%-5% (from 2%-5%) and adjusted EPS guidance to $10.45-$10.65 (from $10.20-$10.50), while reiterating operating cash flow ($6.7-$7.1 billion) and free cash flow ($5.4-$5.8 billion) ranges. Full-year sales guidance rose to $40.8-$41.3 billion, though segment margin guidance was trimmed to 23.0%-23.2%. Guidance now includes the Sundyne acquisition and the PPE divestiture. Excluding the Bombardier agreement impact, organic growth is expected at 3%-4% and adjusted EPS up 1%-3%. Portfolio transformation remains the central story. Honeywell closed the $2.2 billion Sundyne acquisition and the $1.3 billion PPE sale, announced the £1.8 billion Johnson Matthey Catalyst Technologies acquisition, and repurchased $1.7 billion of stock in the quarter. It also launched strategic reviews of its Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. The planned Solstice Advanced Materials spin-off is targeted for Q4 2025, and the separation of Automation and Aerospace is intended to be completed in 2H 2026. Net debt rose meaningfully, with long-term debt up to $30.2 billion and commercial paper up to $6.3 billion, as acquisitions were funded with borrowings.

Jul 24, 2025 8-K

Honeywell International 8-K Report, Bylaw Amendment (Jun 24, 2025)

Honeywell International Inc. (HON) filed this 8-K to disclose the completion, on June 23, 2025, of a previously announced "Liability Management Reorganization." Under the transaction, the company's asbestos-related assets and liabilities, along with environmental liabilities tied to two groups of sites, were allocated to three separate wholly owned entities through a merger-and-division sequence. All remaining assets and liabilities stayed with Honeywell as the surviving entity. The filing is primarily a structural and legal disclosure. It does not report financial results, guidance, or a change in business operations. For shareholders, the filing states that the reorganization had no economic impact on their holdings. Each shareowner keeps the same number of shares, with the same ownership percentage, voting rights, and dividend rights. Outstanding options, RSUs, PSUs, and DSUs were converted one-for-one into equivalent Honeywell awards on the same terms. The board and executive officers are unchanged, and the stock continues to trade on Nasdaq under "HON." The amended and restated certificate of incorporation and bylaws are substantively identical to the prior versions, apart from dates and ministerial language. The main investor consideration is that legacy asbestos and environmental exposures have been ring-fenced into separate entities, which may limit the liabilities that remain with the operating parent going forward. The filing does not quantify the liabilities transferred or describe the financial terms of the separated entities. Investors should consult the company's 10-K and 10-Q filings and the proxy materials for those details, and should note that the legal effectiveness of the ring-fencing depends on the structure and on how creditors and courts treat it.

Jun 24, 2025 8-K

Honeywell International 8-K Report, Material Agreement (May 28, 2025)

On May 28, 2025, Honeywell International Inc. (HON) entered into a Cooperation Agreement with activist investor Elliott Investment Management and its affiliated funds. Under the agreement, Honeywell increased its Board size by one seat and appointed Marc Steinberg, an Elliott Partner, as an independent director effective May 31, 2025. Steinberg will also join the Audit Committee, will receive the same compensation as other non-employee directors, and will be included in the company's slate for the 2026 annual meeting of shareowners. The agreement includes voting commitments, customary standstill restrictions, and mutual non-disparagement provisions. Elliott is barred from acquiring more than 4.9% beneficial ownership or 7.5% aggregate economic exposure to Honeywell's common stock during the Cooperation Period. The standstill runs until the later of 30 days before the nomination deadline for the 2026 annual meeting and five days after Steinberg leaves the Board, subject to exceptions for uncured material breach and certain extraordinary transactions, which exclude the previously announced separation of the Automation and Aerospace Technologies businesses and the spin-off of Advanced Materials. For investors, the filing signals a cooperative resolution with one of the company's largest shareholders while Honeywell pursues its planned three-way separation. Elliott's public statements describe the separation as an opportunity for significant value creation, but the filing itself discloses no financial results, no change in guidance, and no compensation terms beyond standard director pay.

May 28, 2025 8-K

Honeywell International 8-K Report, Shareholder Vote Results (May 23, 2025)

Honeywell International Inc. (HON) filed an 8-K on May 22, 2025, detailing the outcomes of its Annual Meeting of Shareowners held on May 20, 2025. The meeting saw strong shareholder support for the re-election of all director nominees, indicating confidence in the current board's leadership and governance. Additionally, shareowners approved, on an advisory basis, the compensation of named executive officers and ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for 2025. A significant outcome was the approval of the Liability Management Reorganization Proposal, which suggests strategic initiatives to manage the company's liabilities are favored by shareholders. Conversely, a shareowner proposal to have an Independent Board Chairman was not approved, indicating a preference for the current governance structure. Overall, the results point to a generally supportive shareholder base for the company's management and strategic direction, with the exception of the governance proposal that failed to pass.

May 23, 2025 8-K

Honeywell International 8-K Report, Material Agreement (May 8, 2025)

Honeywell International Inc. (HON) has entered into a $6.0 billion Delayed Draw Term Loan Agreement, providing significant financial flexibility as the company executes its strategic plan to separate its Automation, Aerospace, and Solstice Advanced Materials businesses into three independent public companies. This new credit facility, with two tranches maturing at different times, is intended for general corporate purposes, including supporting these strategic initiatives and ongoing capital deployment. Importantly, the agreement does not impose restrictions on dividend payments or contain restrictive financial covenants, aligning with Honeywell's commitment to shareholder returns and operational autonomy during this transformative period.

May 8, 2025 10-Q

Honeywell International Quarterly Report for Q1 Ended Mar 31, 2025

Honeywell International Inc. reported a net sales increase of 8% to $9.82 billion for the first quarter of 2025 compared to the prior year period. This growth was primarily driven by higher sales volumes, pricing adjustments to offset inflation, and contributions from recent acquisitions, partially offset by unfavorable foreign currency translation. Net income attributable to Honeywell was $1.45 billion, resulting in earnings per diluted share of $2.22, a slight decrease from the prior year's $2.23, impacted by higher divestiture-related costs, interest expenses, and amortization of acquisition-related intangibles. The company continues to execute a strategic portfolio transformation, including announced plans to separate its Automation and Aerospace Technologies businesses, and the spin-off of its Advanced Materials business. These strategic moves aim to create more focused, independent companies. Significant acquisitions in the prior year, such as Access Solutions and LNG, are beginning to contribute to revenue growth. The company also announced its intention to acquire Sundyne in the second quarter of 2025. Looking ahead, Honeywell faces a dynamic macroeconomic environment with increased economic and trade policy uncertainty, geopolitical risks, and inflationary pressures. The company is proactively managing these challenges through pricing actions, hedging, supplier collaboration, and new supplier development to mitigate supply chain vulnerabilities and maintain product quality. Despite these headwinds, Honeywell's backlog of orders increased by 13% year-over-year to $36.1 billion, indicating continued demand for its products and services.

Apr 29, 2025 8-K

Honeywell International 8-K Report, Financial Results (Apr 29, 2025)

Honeywell (HON) reported first-quarter 2025 results on April 29, 2025 that beat its own guidance on every metric. Reported sales rose 8% to $9.82 billion and organic sales rose 4%, led by double-digit organic growth in Building Automation (+8%, with building solutions up 11%) and Aerospace Technologies (+9%). GAAP EPS was flat at $2.22, while adjusted EPS grew 7% to $2.51, exceeding the high end of prior guidance by 26 cents. Segment margin was flat at 23.0%, and free cash flow rose 61% to $346 million. Backlog grew 8% excluding acquisitions, and management noted it has not yet seen softer global demand in results but expects an uncertain environment for the rest of 2025. Full-year guidance was mixed: organic sales growth (2%-5%) and free cash flow ($5.4B-$5.8B) were maintained, and adjusted EPS guidance was narrowed upward to $10.20-$10.50, with the low end raised by 10 cents. Full-year sales guidance was trimmed at the top end to $39.6B-$40.5B, and segment margin guidance was narrowed to 23.2%-23.5%. Management said the guidance incorporates the net expected impact of tariffs, mitigation actions, and demand uncertainty. Excluding the Bombardier agreement, organic growth is expected at 1%-4%. Portfolio actions dominate the story. Honeywell is pursuing a separation of its Automation and Aerospace businesses, targeted for the second half of 2026, alongside the planned spin-off of Advanced Materials (Solstice Advanced Materials). The company also announced the $2.2 billion acquisition of Sundyne, which is not yet reflected in guidance, and repurchased $1.9 billion of shares in the quarter. Industrial Automation was the weak spot, with organic sales down 2% and segment margin down 130 basis points to 17.8%.

Apr 29, 2025 8-K

Honeywell International 8-K Report, Executive Changes (Apr 8, 2025)

Honeywell International (HON) disclosed in an 8-K filed April 8, 2025 a leadership succession in its Legal function. Su Ping Lu, currently Vice President, Corporate Secretary and General Counsel for International, will succeed Anne T. Madden as Senior Vice President and General Counsel effective May 5, 2025, subject to Board approval. Lu will be an executive officer reporting to Chairman and CEO Vimal Kapur and will continue as Corporate Secretary. Madden moves to a newly created role, Senior Vice President, Portfolio Transformation and Senior Advisor, also reporting to Kapur, where she will be a non-executive officer. The filing's financially material item is Madden's new offer letter. Her base salary will be $750,000, her target annual incentive will remain 100% of base salary, and she will be eligible for annual long-term incentive awards with a target value of $2,000,000 beginning in 2026. Honeywell will also pay her excess liability umbrella insurance premium ($20 million coverage) through December 31, 2025, and she remains covered by the executive severance plan (18 months of base salary continuation and target bonus on involuntary termination without Cause). The compensation remains subject to MDCC approval, with a retroactive approval mechanism if not yet approved by the effective date. For investors, this is primarily a routine governance and talent-management update with limited direct financial impact. The transition keeps the General Counsel role in-house with an internal successor and retains Madden as a senior advisor on portfolio transformation, which may signal continued focus on Honeywell's portfolio reshaping. The filing does not disclose any financial results, guidance changes, or litigation developments.

Apr 8, 2025 8-K

Honeywell International 8-K Report, Executive Changes (Apr 1, 2025)

Honeywell International Inc. (HON) filed a Form 8-K on April 1, 2025, reporting that its Board of Directors appointed Stephen Williamson as an independent director, effective the same day. Williamson, 58, is Senior Vice President and Chief Financial Officer of Thermo Fisher Scientific Inc. He also joins the Audit Committee. He will stand for election at the Company's 2025 Annual Meeting of Shareowners and will receive compensation under Honeywell's existing non-employee director program. The filing contains no financial results, guidance, or operating metrics. It is a governance event. For investors, the main points are the strength of Williamson's credentials and his Audit Committee seat. He has extensive finance experience, including roles at Thermo Fisher since 2001, and earlier finance positions at Honeywell, including CFO for Asia Pacific. His background in M&A and international operations fits the strategic objectives Honeywell's chairman and CEO, Vimal Kapur, cited in the accompanying press release. The appointment is a board-level change and does not signal a change in Honeywell's financial position or outlook. The press release is furnished under Item 7.01 and is not deemed filed under Section 18 of the Exchange Act.

Apr 1, 2025 8-K

Honeywell International 8-K Report, Material Agreement (Mar 17, 2025)

Honeywell International Inc. (HON) has announced the entry into a new $3.0 billion 364-Day Credit Agreement, effective March 17, 2025. This facility is established for general corporate purposes and provides significant revolving credit commitments. The agreement allows for repayment by March 16, 2026, with an option to convert outstanding amounts into a term loan repayable by March 16, 2027, or early termination as per its terms. Notably, this new credit line does not impose restrictions on dividend payments or include financial covenants, aligning with typical covenants for investment-grade borrowers. In conjunction with securing this new credit facility, Honeywell also terminated its prior $1.5 billion 364-day credit agreement dated March 18, 2024. This strategic move indicates a proactive approach to managing its liquidity and financing structure, potentially optimizing its debt maturity profile and access to capital. Investors should view this as a positive development, reflecting the company's strong financial standing and its ability to secure favorable credit terms for operational flexibility and strategic initiatives.

Mar 17, 2025 8-K

Honeywell International 8-K Report, Executive Changes (Feb 18, 2025)

Honeywell International Inc. (HON) announced a significant change in its finance leadership through an 8-K filing dated February 18, 2025. Ms. Robin L. Washington will be resigning from the Board of Directors effective March 31, 2025, due to her new executive role at Salesforce. Her departure is amicable and not related to any disagreements with Honeywell's operations. This transition marks the end of her board service, and the company expressed gratitude for her contributions. The primary focus of the filing is the appointment of Mr. Mike Stepniak as the new Senior Vice President and Chief Financial Officer (CFO), effective February 17, 2025. Mr. Stepniak brings extensive financial leadership experience from within Honeywell's segments and a prior significant tenure at General Electric. He will report directly to CEO Vimal Kapur. Concurrently, Mr. Gregory P. Lewis, the former CFO, has been appointed to a newly created role of Senior Vice President, Transformation and Senior Advisor, effective February 17, 2025, to assist with the transition before moving to a Senior Advisor role later in 2025. This leadership reshuffle is designed to ensure continuity and support strategic transformation within the company.

Feb 18, 2025 10-K

Honeywell International Annual Report, Year Ended Dec 31, 2024

Honeywell International Inc. reported a strong fiscal year 2024, with net sales increasing by 5% to $38.5 billion, driven by robust performance in three of its four segments, particularly Aerospace Technologies which saw double-digit growth. The company demonstrated a commitment to portfolio transformation through significant capital deployment, including four acquisitions totaling $9 billion and strategic divestitures of non-core businesses. Key acquisitions like Carrier Global Corporation's Global Access Solutions, CAES Systems Holdings LLC, and Air Products' LNG business are expected to bolster growth in their respective segments. Looking ahead, Honeywell announced significant strategic moves, including the planned spin-off of its Advanced Materials business and the separation of its Automation and Aerospace Technologies businesses into independent, publicly traded companies. These actions aim to create three distinct industry-leading entities focused on core strengths. The company also highlighted a robust backlog of $35.3 billion as of December 31, 2024, providing a strong foundation for future growth and continued capital deployment, including opportunistic share repurchases and dividend increases.

Feb 14, 2025 8-K

Honeywell International 8-K Report, Financial Results (Feb 6, 2025)

Honeywell (HON) reported fourth-quarter and full-year 2024 results that met or exceeded its updated guidance, and issued 2025 guidance. Q4 sales were $10.1 billion, up 7% reported but only 2% organically (6% excluding the Bombardier agreement impact). Adjusted EPS was $2.47, down 8% year over year, though it beat previous guidance; excluding the $0.45 Bombardier impact, it rose 9%. Segment margin contracted 350 basis points to 20.9% (70 basis points to 23.7% excluding Bombardier). Full-year sales rose 5% to $38.5 billion, with 3% organic growth, and adjusted EPS grew 4% to $9.89. Free cash flow was $4.9 billion, at the high end of prior guidance. Backlog reached a record $35.3 billion, and the company deployed a record $14.6 billion of capital in 2024, including $8.9 billion on acquisitions. For 2025, management guides to sales of $39.6-40.6 billion, organic growth of 2-5%, adjusted EPS of $10.10-10.50 (up 2-6%), and free cash flow of $5.4-5.8 billion. Excluding Bombardier, the company expects organic growth of 1-4% and adjusted EPS roughly flat to up 2% (down 2% to up 2%). The guidance assumes a mid-year close of the sale of the Personal Protective Equipment business. The most significant strategic development is the Board's decision to pursue a full, tax-free separation of Automation and Aerospace Technologies, targeted for the second half of 2026. Combined with the previously announced spin-off of Advanced Materials (expected by end-2025 or early 2026), this would create three standalone public companies. Investors should weigh the potential for value unlocking against execution risk, separation costs (already visible as divestiture-related charges), and the outlook for Bombardier-related dilution in 2025.

Feb 6, 2025 8-K

Honeywell International 8-K Report, Regulation FD Disclosure (Dec 2, 2024)

On December 2, 2024, Honeywell (HON) announced a strategic agreement with Bombardier to supply avionics, propulsion, and satellite communications technology for current and future Bombardier aircraft. Honeywell estimates the partnership's value at up to $17 billion over its life, including aftermarket offerings and new technologies. All legacy pending litigation between the two companies has also been resolved. The filing furnishes the accompanying press release under Item 7.01 (Regulation FD), so it is not deemed "filed" for Exchange Act liability purposes. The near-term financial impact is negative. Management said the required investments tied to the agreement will weigh on results, and it cut full-year 2024 guidance. Sales were lowered by about $0.4 billion to $38.2-38.4 billion, organic growth fell to roughly 2% from 3-4%, and segment margin dropped about 80 basis points to 22.6-22.7%. Adjusted EPS was reduced by $0.47 to $9.68-9.78, which implies adjusted earnings growth of 2-3% versus the prior 7-8%. Operating cash flow was cut to $5.8-6.1 billion and free cash flow to $4.6-4.9 billion. Fourth-quarter guidance was hit harder, with adjusted EPS now expected at $2.26-2.36 (down about 16% to 12% year over year) and organic sales growth between -2% and flat. For investors, the key question is whether the Bombardier agreement's multi-year aftermarket and technology revenue justifies the upfront investment and the reset to 2024 earnings. The filing offers no detail on the timing or margin profile of the $17 billion estimate, and it does not quantify the cash cost of the investments beyond the guidance revisions. Forward-looking statements, including the planned spin-off of the Advanced Materials business, carry the usual macroeconomic, supply chain, and geopolitical risks.

Dec 2, 2024 10-Q

Honeywell International Quarterly Report for Q3 Ended Sep 30, 2024

Honeywell International Inc. reported solid financial performance for the third quarter and first nine months of fiscal year 2024, demonstrating resilience amidst macroeconomic volatility. Net sales for the third quarter increased by 6% year-over-year to $9.7 billion, driven by a combination of price increases and contributions from recent acquisitions, while year-to-date net sales grew 4% to $28.4 billion. The company's profitability remained robust, with net income attributable to Honeywell at $1.41 billion for the quarter, leading to diluted EPS of $2.16. The company has been actively reshaping its portfolio through strategic acquisitions, notably in the Aerospace Technologies and Building Automation segments, while also preparing to spin off its Advanced Materials business, signaling a focus on core growth areas and long-term shareholder value. The balance sheet shows a stronger cash position, with cash and cash equivalents reaching $10.6 billion at the end of the third quarter. Despite significant investments in acquisitions, which led to increased long-term debt, the company maintains strong credit ratings and sufficient liquidity. Management's proactive strategies in managing supply chain disruptions and inflationary pressures have been effective, though the company acknowledges ongoing risks. Investors will be watching the execution of the Advanced Materials spin-off and the continued integration of recent acquisitions.

Oct 24, 2024