Honeywell Spins Off Aerospace to Become a Pure Automation Company

Honeywell International Inc. (NYSE: HON) announced that its board of directors has approved the spin-off of its aerospace division, setting the record date as June 15, 2026, and the distribution date as June 29. Under the plan, shareholders of record will receive one share of newly formed Honeywell Aerospace common stock for every two shares of Honeywell common stock held. Following the spin-off, Honeywell shares will trade for a period under two tickers—HON with spin-off rights and HONIV without—after which the remaining company will carry out a 1-for-2 reverse stock split, halving both its issued and authorized shares and settling any fractional shares in cash.

The company further announced that at 12:01 a.m. EDT on June 29, Honeywell Aerospace common shares will be distributed to shareholders, followed at 12:02 a.m. by the implementation of the 1-for-2 reverse stock split on the remaining company’s shares. The spun-off aerospace shares are expected to begin provisional trading around June 15 under the ticker HONAV, before commencing regular Nasdaq trading under HONA on June 29.

On June 29, Honeywell confirmed that the spin-off of its aerospace business was completed and that Honeywell Aerospace commenced trading as an independent public company on Nasdaq under the ticker HONA. At the same time, the remaining business relaunched as Honeywell Technologies, focused on automation, with the 1-for-2 reverse stock split and reduction in authorized share count also taking effect that day.

Headquartered in Charlotte, North Carolina, Honeywell is a global industrial and technology company with a diversified portfolio spanning aerospace, building automation, safety and productivity solutions, and advanced materials. Following the 2025 spin-off of its Solstice advanced materials business, the company is restructuring around three public entities: automation-centric Honeywell Technologies, aerospace specialist Honeywell Aerospace, and a standalone materials company.