Honeywell finalized its separation into three independent companies, reducing HON shares to 317 million after a reverse stock split.
Honeywell has completed its spin-off into three publicly traded businesses: Honeywell Technologies (HON), Honeywell Aerospace (HONA), and Solstice Advanced Materials (SOLS). The move aims to unlock value by allowing investors to target specific sectors independently.
Honeywell Technologies retained the HON ticker and focuses on automation, while Honeywell Aerospace began trading separately on June 29. Solstice Advanced Materials was spun off in October 2025. Shareholders received one HONA share for every two HON shares held as of June 15, followed by a 1-for-2 reverse stock split, reducing total outstanding shares to 317 million.
The split mirrors General Electric’s multiyear breakdown, with analysts suggesting the individual entities may achieve higher valuations over time. Honeywell Aerospace targets commercial aviation and defense, while Honeywell Technologies centers on industrial and process automation.