Honeywell Technologies
Coverage of Honeywell Technologies in the Nexus archive.
- We're raising our Honeywell Technologies price target, reflecting post-spinoff optimism
Honeywell Technologies raised its price target due to post-spinoff optimism. The company outperformed a broader market selloff after delivering a strong quarter and raising guidance.
- Jim Cramer's top 10 things to watch in the stock market Thursday
Tesla missed earnings despite exceeding revenue estimates. Honeywell Technologies and Dover released earnings results.
- Honeywell Technologies raised its profit forecast but missed earnings expectations in its debut standalone results
Honeywell Technologies increased its adjusted EPS outlook to $8.05–$8.35 but failed to meet analyst expectations for the quarter. The automation company's debut standalone results showed a raised profit forecast despite missing earnings targets.
- US technology firm proposes refinery modernisation plan for Pakistan in meeting with finance minister
The US-based Honeywell Technologies proposed a refinery modernisation and expansion plan to Pakistan's Finance Minister Muhammad Aurangzeb during a meeting in Washington. Discussions focused on enhancing domestic refining capacity, reducing reliance on imported petroleum, and securing financing through US institutions like the US Exim Bank and DFC. The initiative aims to support Pakistan's energy security and economic growth as part of broader US-Pakistan economic cooperation talks.
- Honeywell’s CEO on ‘the brutal truth’ about breaking up an industrial giant
Honeywell CEO Vimal Kapur addressed shareholder pressure from Elliott Investment Management to split the company's aerospace and automation divisions, confirming that Honeywell Aerospace will launch as a separate entity on June 29. Kapur emphasized that the restructuring was already underway before Elliott's 2024 letter, aligning with a broader trend of industrial conglomerates like 3M and GE breaking into focused entities.