Honeywell Aerospace Spin-Off Lists On Nasdaq

Honeywell Aerospace Inc.'s spin-off from Honeywell Technologies completed, and the new company began trading on Nasdaq under the ticker HONA on June 29, 2026. Honeywell Technologies executed a 1-for-2 reverse stock split effective 12:02 a.m. New York City time the same day.

Nasdaq Listing and Spin-Off Distribution

Honeywell Aerospace began regular-way trading on Nasdaq at the market open on June 29, 2026. The spin-off was completed by distributing all issued and outstanding Honeywell Aerospace shares to Honeywell Technologies shareholders, effective 12:01 a.m. New York City time on June 29. The distribution ratio was one Honeywell Aerospace share for every two Honeywell Technologies shares held as of the June 15 record date, with cash paid in lieu of fractional shares.

Honeywell’s board approved the planned spin-off on June 15, 2026. The board release outlined expected when-issued trading under the temporary ticker HONAV beginning around that date and regular-way trading under HONA starting June 29. Between June 15 and June 26, Honeywell common shares traded in two markets: a regular-way market under HON, including the right to the distribution, and an ex-distribution market under HONIV, without that right.

Financials, Capital Structure, and Corporate Profile

Honeywell Aerospace filed a Current Report on Form 8-K with the SEC providing supplemental quarterly financial information for fiscal 2024, 2025, and first-quarter 2026. The filing showed 2025 net sales of $17.4 billion and net income of $2.7 billion, compared with 2024 net sales of $15.4 billion and net income of $2.8 billion. Organic sales rose 12.0% year-over-year in 2025, with total segment profit of $4.1 billion and Adjusted EBIT of $4.5 billion. The company established a commercial-paper program allowing up to $4.0 billion aggregate principal outstanding at any time, with notes maturing up to 397 days for general corporate purposes.

Honeywell Technologies implemented a 1-for-2 reverse stock split effective 12:02 a.m. on June 29, reducing issued and outstanding shares from approximately 634 million to 317 million and lowering authorized shares from 2 billion to 1 billion. Its common stock began trading on a split-adjusted basis under the ticker HON with a new CUSIP 438516205.

In a June 29 press release, Honeywell Aerospace described itself as a leading global tier-1 aerospace and defense supplier of mission-critical systems and technologies. The company said the separation positions it to deliver long-term profitable growth by expanding market leadership, investing in innovation, and strengthening operational capabilities. The spin-off marks the culmination of Honeywell’s multi-year portfolio transformation that created three independent market leaders.

Honeywell Technologies said it will release second-quarter financial results and discuss its 2026 outlook on July 23, 2026, at 8:30 a.m. ET.