Honeywell International continues on its strategic mission to overhaul, planning to sell two divisions ahead of planned 2026 Split. This action will lead to an increase in stock holdings, as reported by MainStreet Investment Advisors and Robocap Asset Management. Meanwhile, the appointment of Jim Masso to lead the Process Automation Business is an indication of the companyβs effort to streamline operations. Several investors such as the Arizona State Retirement System, Greenleaf Trust, and China Universal Asset Management have bought shares, and some like Brown Advisory, Envestnet Asset Management, and Stratos Wealth Partners LTD have lowered their holdings. A price target of $250.29 is set by Brokerages, which is raised to $265.00 later on. About 81% of Honeywell Internationalβs ownership is institutional. Future plans include review of strategic options for two units ahead of the separation next year and a process simplification campaign to unlock $25B. Amid these, some drops in the stock have been recorded. The Quantum Computing aspect of Honeywell is appreciated for its honesty and seen as valuable. Q2 2025 earnings call was announced with essential details for the July pre-market report. Finally, Honeywell international has its eye on strategic changes ahead of the 2026 split.
Honeywell International HON News Analytics from Wed, 12 Mar 2025 07:00:00 GMT to Sat, 12 Jul 2025 20:42:52 GMT - Rating 5 - Innovation 3 - Information 7 - Rumor -5