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Honeywell to split into three separate companies by 2026CHARLOTTE, N.C. - Honeywell International Inc ... has announced its plan to separate into three distinct, publicly traded companies, focusing on Automation, Aerospace, and Advanced Materials.
Along with the split announcement, Honeywell reported that fourth-quarter net income rose to $1.29 billion, or $1.96 a share, from $1.26 billion, or $1.91 a share, in the same period a year ago.
Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa.
The company is performing well right now, but potential investors need to consider the impact of Honeywell's plan to split into three independents. Honeywell, an industrial conglomerate focused on ...
That task is more straightforward because Honeywell tends to produce and sell locally. A chart in its first-quarter earnings presentation outlines that more than 80% of its sales in the U.S. and ...
Honeywell International Inc (NASDAQ:HON) disclosed it expects up to $500 million in tariff-related exposure this year, largely driven by rising tensions with China, but its leadership expressed ...
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