Honeywell Spins Off Aerospace to Focus on Automation: Split and Reverse Stock Split Scheduled for End of Month

On June 29, 2026, Honeywell International Inc. (NASDAQ: HON) will spin off its aerospace division, Honeywell Aerospace, as a separately listed company. Shareholders of record as of June 15 will receive one share of the new company’s common stock for every two shares of Honeywell common stock they hold. After the spin-off, the continuing company will be renamed Honeywell Technologies and will retain the HON ticker on Nasdaq. Honeywell Aerospace is expected to begin pre-listing trading under the ticker HONAV around June 15 and will start regular trading on Nasdaq under the ticker HONA on June 29. Subject to completion of the spin-off, Honeywell Technologies common stock will undergo a 1-for-2 reverse stock split at 12:02 a.m. on June 29, halving its issued and outstanding shares. Any resulting fractional shares will be settled in cash, and equity compensation plans will be adjusted on a pro rata basis.

In a June 8 announcement, the company reaffirmed its 2026 revenue and earnings outlook and, for the first time, provided guidance for Honeywell Technologies as a pure-play automation company post spin-off. On June 11 in New York, Honeywell hosted an investor day to share a three-year financial framework following the separation. Earlier in April, the company agreed to sell its Productivity Solutions & Services business to Bradken Corporation for about $1.4 billion (approximately KRW 2 trillion) as part of a broader portfolio simplification initiative.

Headquartered in Charlotte, North Carolina, Honeywell International is a multinational industrial technology company active in aerospace, building and industrial automation, and specialty materials. In recent years, Honeywell has been reorganizing by spinning off its aerospace and advanced materials businesses into independent, publicly traded entities. Upon completion of the current spin-off, Honeywell Technologies will focus exclusively on automation and autonomous solutions, while Honeywell Aerospace will emerge as a major pure-play aerospace and defense company.