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Honeywell International ( (HON) ) has provided an update.
On October 1, 2025, Honeywell International announced the spin-off of its Advanced Materials business into a new company, Solstice Advanced Materials Inc., with the distribution of shares set for October 30, 2025. Solstice, which will trade on Nasdaq under the ticker ‘SOLS’, aims to leverage its portfolio in refrigerants, semiconductor materials, and healthcare packaging to deliver long-term value. Additionally, Solstice completed a $1 billion senior notes offering, with proceeds held in escrow pending the spin-off’s completion. This strategic move is expected to enhance Honeywell’s market positioning and offer Solstice a platform for independent growth.
The most recent analyst rating on (HON) stock is a Buy with a $268.00 price target. To see the full list of analyst forecasts on Honeywell International stock, see the HON Stock Forecast page.
Spark’s Take on HON Stock
According to Spark, TipRanks’ AI Analyst, HON is a Outperform.
Honeywell’s overall stock score reflects its strong financial performance and positive earnings call sentiment, which are slightly offset by technical analysis indicators suggesting bearish momentum. The company’s strategic initiatives, including spin-offs and acquisitions, are expected to drive future growth, although investors should remain cautious of potential risks from increased leverage and cost pressures.
To see Spark’s full report on HON stock, click here.
More about Honeywell International
Honeywell International is an integrated operating company that serves a wide range of industries globally. The company focuses on automation, aviation, and energy transition, providing solutions and innovations through its Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions segments. Honeywell aims to address complex challenges with its Honeywell Accelerator operating system and Honeywell Forge IoT platform.
Average Trading Volume: 3,797,851
Technical Sentiment Signal: Buy
Current Market Cap: $132.9B
Find detailed analytics on HON stock on TipRanks’ Stock Analysis page.