HONA News & Analysis

Honeywell Spins Off Aerospace and Launches 4 Public Companies

Honeywell Aerospace (HONA) was spun off as a separate public company, leading to the creation of Honeywell Technologies (HON), now focused on industrial automation. Following the spinoff, Honeywell Technologies reported a 3.5% revenue growth and a 7% earnings per share (EPS) growth for 2025. The company is trading at a P/E ratio of 28 times forward earnings. This spinoff and restructuring matter because they can alter investment strategies, potentially affecting how ordinary investors view opportunities in Honeywell's new and existing business segments.