Honeywell

In 1885 Albert Butz patented a furnace regulator, founding the business that became Honeywell. In 1927 it merged with Mark Honeywell’s company to form Minneapolis-Honeywell Regulator Co.⁠[1]

In 1999 AlliedSignal acquired Honeywell and kept the Honeywell name. AlliedSignal traced its roots to Allied Chemical & Dye Corporation, formed in 1920.⁠[1]

The company was incorporated in Delaware in 1985.⁠[2]

General ElectricGE AerospaceGE Aerospace is the name under which General Electric Company operates, a jet engine maker listed on the New York Stock Exchange under the ticker GE.Open the full entry had planned a $42 billion acquisition of Honeywell. U.S. regulators approved it with conditions, but the European Commission rejected it on July 3, 2001, the first time European regulators alone blocked a merger of two U.S. companies. Mario Monti said it “would have severely reduced competition in the aerospace industry.”⁠[3]

In 2018 the Homes business was spun off as Resideo and Transportation Systems as Garrett Motion.⁠[1]

In November 2018 Honeywell announced it would move its global headquarters from Morris Plains, New Jersey, to Charlotte, North Carolina, relocating about 150 to 200 senior management positions by September 2019. Chairman and CEO Darius Adamczyk said New Jersey “will remain a substantial employment center for us.”⁠[4]

On April 30, 2021, Honeywell announced it would transfer its common stock listing from the New York Stock Exchange to Nasdaq, expecting to begin trading there at the open on May 11 under the unchanged symbol HON and to qualify for the Nasdaq-100. Its common stock was also listed on the London Stock Exchange.⁠[5]

Subsidiary Honeywell UOP agreed to pay more than $160 million to resolve U.S. and Brazilian bribery investigations. Between 2010 and 2014 it conspired to offer an approximately $4 million bribe to a Petrobras executive to win a refinery contract, and it entered a three-year deferred prosecution agreement.⁠[6]

On March 14, 2023, Honeywell announced that President and COO Vimal Kapur would succeed Darius Adamczyk as CEO on June 1, with Adamczyk continuing as Executive Chairman. Adamczyk had become CEO in 2017 and Chairman in 2018. Kapur had been with the company for 34 years.⁠[7]

Acquired businesses Access Solutions, CAES and Civitanavi Systems contributed sales in 2024. In June 2025 Honeywell spent $2.2 billion to acquire Sundyne.⁠[2]

On November 12, 2024, Elliott Investment Management disclosed a stake of more than $5 billion in Honeywell and advised it to separate its automation and aerospace businesses. Honeywell said it looked forward to engaging with the firm to obtain its input.⁠[8]

On February 6, 2025, the board announced its intent to fully separate Automation and Aerospace Technologies in the second half of 2026; with the previously announced Advanced Materials spin-off, this would create three independent companies.⁠[9]

On October 30, 2025, Honeywell completed the spin-off of its Advanced Materials business as Solstice Advanced Materials, which trades on Nasdaq as SOLS. Shareowners of record on October 17 received one Solstice share for every four Honeywell shares.⁠[10]

As of December 31, 2025, Honeywell had four reportable segments and approximately 101,000 employees in 79 countries.⁠[2]

Honeywell’s 2025 net sales were $37,442 million (2024: $34,717 million) and net income attributable to Honeywell was $5,139 million (2024: $5,705 million), with Advanced Materials in discontinued operations. Kapur said the separation of the automation and aerospace businesses was expected to be completed in the third quarter of 2026.⁠[11]

On June 23, 2026, S&P Dow Jones IndicesS&P Dow Jones IndicesS&P Dow Jones Indices (S&P DJI) is a global index provider that compiles and licenses benchmark indices including the S&P 500 and the Dow Jones Industrial Average. It was formed in 2012 by combining McGraw-Hill’s S&P index business with the Dow Jones Indexes business held by a joint venture of CME Group and Dow Jones, and it is now the index business division of S&P Global, which holds about 73% of the interest.Open the full entry announced that Honeywell Aerospace would join the S&P 500S&P 500The S&P 500 is a U.S. large-cap equity index compiled by S&P Dow Jones Indices. It includes 500 leading companies, covers about 80% of available market capitalization and is described by S&P DJI as “widely regarded as the best single gauge of large-cap U.S. equities.”Open the full entry and the S&P 100, replacing Honeywell International in the S&P 100. The parent company would remain in the S&P 500 after the spin-off.⁠[12]

On June 29, 2026, Honeywell Aerospace completed its spin-off and began trading on Nasdaq as HONA. It is headquartered in Phoenix, Arizona, and led by CEO Jim Currier. Shareholders of record on June 15 received one Honeywell Aerospace share for every two shares of the parent.⁠[13]

Honeywell International Inc. rebranded as Honeywell Technologies effective the same day, and the separated business became Honeywell Aerospace Inc.⁠[14]

Honeywell Technologies is a pure-play automation company serving the building, industrial and process sectors, with more than 50,000 employees. It continues to trade on Nasdaq as HON and carried out a 1-for-2 reverse stock split.⁠[15]

In the third quarter of 2026, Honeywell Technologies’ continuing-operations sales were $4,994 million, up 1% (7% organic), and net income attributable was $664 million. It raised its full-year outlook to sales of $20.0 billion to $20.1 billion. Kapur called it the company’s “first quarter as a standalone company.”⁠[16]