ReportWire

Tag: Honeywell International

  • AI is reimagining work. CEOs must rethink how we prepare future workers | Fortune

    Years ago, in a conversation about the responsibilities of leadership, one of my mentors offered advice I’ve never forgotten: CEOs are central to creating jobs. 

    At the time I was far from the C-suite, but the idea stuck with me. Over time, I came to understand that job creation has two tracks. First, it’s about building the conditions for growth inside your organization – expanding your business in ways that create opportunity for employees, particularly those at the start of their careers. If your revenue is not growing rapidly, you are likely not creating many new jobs. Second, it’s about looking outward – investing in and engaging with the communities you serve to cultivate the next generation of talent, molding the future workforce so that it is job ready. 

    At Honeywell, our commitment to preparing the next generation for this technology-driven economy is enabled by a new model of public–private partnership, one in which industry, government, and educators collaborate to scale access, relevance and opportunity, bridging the gap between academic theory and real-world application. 

    These are strategic investments in national competitiveness. They reflect our understanding that talent is everywhere, but opportunity is not, and the future of STEM careers depends on meeting students where they are at multiple points in their journey—in middle school, high school, college and with internship opportunities.  It’s essential to offer flexible, skill-based pathways to prepare the next generation for the realities of a rapidly changing workforce.

    What does this mean in practice?

    For government, it is a matter of realigning policy priorities with economic reality. Tax incentives, workforce grants, credentialing reform – the list of policy prescriptions is long. The short answer is that we must approach workforce education specifically which encourages how to build things as a national priority. Our global competitiveness demands it.

    At the same time, our nation’s educational institutions must be open to collaborate with business. Just recently, Honeywell and the University of North Carolina Charlotte announced a unique partnership in which we will invest $10 million to help turn a dated campus facility into a modern innovation hub that will train the workforce of the future for the jobs of the future. While the approach may not follow the traditional philanthropic nature of the corporate/college relationship, it will drive the development of a collaborative vision of what that future is. I expect to be surprised more than once at the ideas that emerge.

    Finally, companies must invest in future workers and leaders. At Honeywell, we’ve expanded our internship program – doubling participation to 2,500 students in 2025 – to give young graduates from all disciplines hands-on experience that aligns with industry needs. We’ve also deepened our support for FIRST Robotics, a global nonprofit that inspires students to pursue STEM education and now reaches 40,000 students worldwide. And through a partnership with Discovery Education, we’re helping scale a global environmental science curriculum aimed at reaching 10 million students by 2030. All our efforts are targeted to enable students to become employable.

    In short, we recognize that our responsibility goes beyond hiring the best student engineers from the top ranks of our major institutions. It requires us to engage directly to excite, mold, and support this workforce of the future in full partnership with trade schools, colleges, and universities.  

    The disruption we face is real – but the opportunity to tear down the walls that keep policymakers, educators, and CEOs from engaging collectively is equally real. To my colleagues in industry, I urge you to continue expanding from academic philanthropists to co-designers of the talent pipeline. To educational leaders, look to what UNC Charlotte has done – and bring industry to the table as an active partner, not just a funder. And, policymakers, we need your collaboration prioritizing the needs of America’s future workers, so they have access to the tools they need to thrive. 

    AI and automation are already reshaping the future of work, but our collective choices will determine whether the disruption leads to decline or renewal. Deeper partnerships across government, academia, and industry will build a talent pipeline that is more innovative than ever before. 

    These actions are even more important, as the 2025 job market has proven to be particularly challenging for college graduates, with many facing longer job searches, underemployment, or the need to pivot into alternative career paths.  Shared action and shared accountability will drive our initiatives, as well as the next era of American competitiveness.

    The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

    Grace Maliska

    Source link

  • China’s C919 jet faces turbulent skies as US-China trade tensions add to delays

    HONG KONG (AP) — China’s ambition to challenge Boeing and Airbus with its own homegrown passenger jet is running into turbulence, with deliveries of finished aircraft likely to fall far short of its target announced for this year.

    The C919 jet — a single-aisle passenger plane aiming to rival Boeing’s 737 and Airbus’ A320 – is made by state-owned aircraft manufacturer COMAC. Beijing is showcasing it as evidence of China’s technological advancement and progress in self-reliance, though it uses many Western sourced components.

    Trade friction with Washington threatens to prevent COMAC from securing core parts for the program that has been supported by huge Chinese government subsidies.

    “COMAC faces significant risk from the volatile policy environment, with its supply chains vulnerable to export restrictions and tit-for-tat measures between the U.S. and China,” said Max J. Zenglein, Asia-Pacific senior economist at The Conference Board think tank.

    The C919 has 48 major suppliers from the U.S. — including GE, Honeywell and Collins — 26 from Europe and 14 from China, according to analysts at the Bank of America. Trump threatened to impose new export controls on “critical” software to China after Beijing imposed stricter export controls on rare earths.

    “Existing choke points are being exploited in the deal making process between governments,” Zenglein said. “This is likely to continue as critical dependencies have become political bargaining chips.”

    Beijing has high hopes for the C919, which made its maiden commercial flight in 2023. The mid-sized jet is meant to help fill vast domestic demand for new aircraft over the next few decades. China hopes to expand sales beyond its borders and fly globally, including in Southeast Asia, Africa and Europe.

    COMAC delivered 13 C919s to Chinese carriers last year and only seven as of October this year, despite plans to ramp up production and deliver 30 jets in 2025, according to the aviation consultancy Cirium.

    China’s biggest state-owned airlines — Air China, China Eastern and China Southern — are the only commercial airlines currently flying a total of around 20 C919s.

    Trade tensions between the U.S. and China have “directly affected” delivery schedules for the C919, said Dan Taylor, head of consulting at aviation consultancy IBA. For one, output plans were disrupted when the U.S. suspended export licenses for the jet’s LEAP-1C engines around May, resuming them in July, he said.

    U.S.-controlled technology that needs export licensing for the LEAP-1C engines — jointly built by the U.S.’s GE Aerospace and France’s Safran -— means the C919’s engines require U.S. export clearance, Taylor said, making it “inherently sensitive to political shifts.”

    “Engine and avionics dependence on Western suppliers continues to expose the program to policy decisions beyond COMAC’s control,” Taylor explained.

    Geopolitical tensions alone are not the only cause for slower than expected production of the C919s. The program has been “marked by caution and prioritizing quality and safety, so there also may be some operational reasons for the slower production ramp up,” said Zenglein from The Conference Board.

    While “it has always been the aim to reduce the reliance on foreign components as quickly as possible” for the C919, Zenglein said, many analysts say it is a challenging process. China’s own engine alternative — the CJ-1000A under development by state-owned Aero Engine Corporation of China (AECC) — is still under testing, according to IBA.

    Several airlines outside of China, including AirAsia, have expressed interest in flying the C919, but a lack of international certification has so far prevented the C919 from flying beyond China. Certifications from the U.S. and the European Union’s aviation regulators could take years.

    For the C919 to succeed, it “needs to have each one of three things: good economics, a prompt global product support network, and certification from safety agencies”, said Richard Aboulafia, managing director of AeroDynamic Advisory. “Any one of these three alone doesn’t mean much,” he said.

    China will need 9,570 new passenger aircraft between 2025 and 2044, according to Airbus’ latest market forecast, more than 80% of them single-aisle jets like the C919.

    COMAC’s faces a growing challenge from Airbus, which is expanding its manufacturing capacity in China. A second assembly line is due to begin operating in 2026, allowing Airbus to increase its production of A320 single-aisle jets in China – an aircraft model similar to the C919.

    Analysts expect that it will take years for COMAC to break the Boeing-Airbus duopoly in global aircraft share. By the late 2020s, COMAC will likely grow within China and possibly establish regional exports, said IBA’s Taylor.

    In the near term, a lack of international certification will be “delaying any meaningful Western-market entry” for the jet and export control volatility will likely continue to undermine its global expansion plans, Taylor added.

    Source link

  • Allspring Global Investments Holdings LLC Has $30.27 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

    Allspring Global Investments Holdings LLC Has $30.27 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

    Allspring Global Investments Holdings LLC grew its position in Honeywell International Inc. (NASDAQ:HONFree Report) by 0.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 145,895 shares of the conglomerate’s stock after buying an additional 751 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Honeywell International were worth $30,273,000 at the end of the most recent reporting period.

    Several other hedge funds and other institutional investors also recently made changes to their positions in HON. HBK Investments L P bought a new position in shares of Honeywell International in the 1st quarter worth $272,000. Creative Financial Designs Inc. ADV boosted its position in shares of Honeywell International by 4.0% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 9,356 shares of the conglomerate’s stock worth $1,788,000 after purchasing an additional 356 shares during the last quarter. Versor Investments LP bought a new position in shares of Honeywell International in the 1st quarter worth $535,000. Magnus Financial Group LLC boosted its position in shares of Honeywell International by 2.8% in the 2nd quarter. Magnus Financial Group LLC now owns 7,532 shares of the conglomerate’s stock worth $1,563,000 after purchasing an additional 202 shares during the last quarter. Finally, MV Capital Management Inc. boosted its position in shares of Honeywell International by 16.4% in the 1st quarter. MV Capital Management Inc. now owns 531 shares of the conglomerate’s stock worth $101,000 after purchasing an additional 75 shares during the last quarter. 74.61% of the stock is owned by institutional investors and hedge funds.

    Honeywell International Stock Performance

    Shares of Honeywell International stock opened at $177.00 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.35 and a quick ratio of 1.07. The stock’s 50-day moving average is $186.22 and its 200-day moving average is $193.75. The firm has a market cap of $117.52 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 2.28 and a beta of 1.06. Honeywell International Inc. has a one year low of $174.88 and a one year high of $220.96.

    Honeywell International (NASDAQ:HONGet Free Report) last released its earnings results on Thursday, October 26th. The conglomerate reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.23 by $0.04. The business had revenue of $9.21 billion for the quarter, compared to the consensus estimate of $9.23 billion. Honeywell International had a return on equity of 34.63% and a net margin of 14.87%. Honeywell International’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.25 earnings per share. Equities analysts predict that Honeywell International Inc. will post 9.14 earnings per share for the current fiscal year.

    Honeywell International Increases Dividend

    The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 10th will be given a $1.08 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.44%. This is an increase from Honeywell International’s previous quarterly dividend of $1.03. Honeywell International’s payout ratio is currently 51.05%.

    Analyst Ratings Changes

    HON has been the topic of several recent research reports. Morgan Stanley raised their price target on Honeywell International from $219.00 to $221.00 in a research report on Friday, July 28th. StockNews.com upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group reduced their target price on Honeywell International from $185.00 to $180.00 and set a “sell” rating on the stock in a report on Friday, July 28th. Finally, Wells Fargo & Company reduced their target price on Honeywell International from $205.00 to $190.00 in a report on Monday, October 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $214.07.

    Read Our Latest Stock Report on HON

    Honeywell International Company Profile

    (Free Report)

    Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity and management services.

    Read More

    Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

    Receive News & Ratings for Honeywell International Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Honeywell International and related companies with MarketBeat.com’s FREE daily email newsletter.

    ABMN Staff

    Source link

  • Hudson Valley Investment Advisors Inc. ADV Sells 1,174 Shares of Honeywell International Inc. (NASDAQ:HON)

    Hudson Valley Investment Advisors Inc. ADV Sells 1,174 Shares of Honeywell International Inc. (NASDAQ:HON)

    Hudson Valley Investment Advisors Inc. ADV lowered its position in shares of Honeywell International Inc. (NASDAQ:HONGet Rating) by 6.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,571 shares of the conglomerate’s stock after selling 1,174 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in Honeywell International were worth $3,167,000 at the end of the most recent reporting period.

    A number of other hedge funds and other institutional investors have also recently modified their holdings of HON. New England Research & Management Inc. raised its position in Honeywell International by 25.1% in the 1st quarter. New England Research & Management Inc. now owns 16,469 shares of the conglomerate’s stock worth $3,148,000 after purchasing an additional 3,300 shares during the period. Empowered Funds LLC increased its position in shares of Honeywell International by 54.3% in the first quarter. Empowered Funds LLC now owns 3,399 shares of the conglomerate’s stock valued at $650,000 after acquiring an additional 1,196 shares during the period. Martin Capital Partners LLC raised its stake in shares of Honeywell International by 1.9% during the first quarter. Martin Capital Partners LLC now owns 23,793 shares of the conglomerate’s stock valued at $4,547,000 after acquiring an additional 453 shares during the last quarter. Empirical Finance LLC boosted its holdings in shares of Honeywell International by 5.1% during the first quarter. Empirical Finance LLC now owns 19,143 shares of the conglomerate’s stock worth $3,659,000 after purchasing an additional 932 shares during the period. Finally, Howard Financial Services LTD. increased its holdings in Honeywell International by 19.9% during the 1st quarter. Howard Financial Services LTD. now owns 1,486 shares of the conglomerate’s stock valued at $284,000 after purchasing an additional 247 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

    Insider Buying and Selling at Honeywell International

    In other news, COO Vimal Kapur sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, May 8th. The shares were sold at an average price of $197.46, for a total transaction of $1,283,490.00. Following the completion of the transaction, the chief operating officer now directly owns 8,622 shares of the company’s stock, valued at $1,702,500.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.45% of the company’s stock.

    Honeywell International Trading Down 0.4 %

    NASDAQ:HON opened at $202.97 on Friday. Honeywell International Inc. has a 52 week low of $166.63 and a 52 week high of $220.96. The stock has a market cap of $135.11 billion, a price-to-earnings ratio of 26.36, a PEG ratio of 2.43 and a beta of 1.09. The company’s 50 day moving average price is $196.64 and its 200-day moving average price is $196.50. The company has a quick ratio of 0.94, a current ratio of 1.26 and a debt-to-equity ratio of 0.84.

    Honeywell International (NASDAQ:HONGet Rating) last issued its earnings results on Thursday, April 27th. The conglomerate reported $2.07 EPS for the quarter, beating the consensus estimate of $1.93 by $0.14. Honeywell International had a return on equity of 34.01% and a net margin of 14.53%. The business had revenue of $8.86 billion for the quarter, compared to the consensus estimate of $8.51 billion. During the same period last year, the business posted $1.91 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. On average, equities research analysts forecast that Honeywell International Inc. will post 9.15 earnings per share for the current fiscal year.

    Honeywell International Announces Dividend

    The business also recently announced a quarterly dividend, which was paid on Friday, June 2nd. Shareholders of record on Friday, May 12th were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend was Thursday, May 11th. Honeywell International’s dividend payout ratio is currently 53.51%.

    Wall Street Analyst Weigh In

    Several equities research analysts have weighed in on HON shares. Deutsche Bank Aktiengesellschaft dropped their price objective on Honeywell International from $235.00 to $228.00 and set a “buy” rating for the company in a report on Wednesday, April 12th. StockNews.com started coverage on Honeywell International in a research report on Thursday, May 18th. They set a “buy” rating on the stock. UBS Group reduced their target price on Honeywell International from $193.00 to $185.00 and set a “sell” rating on the stock in a report on Tuesday, February 28th. Wells Fargo & Company lowered their target price on Honeywell International from $210.00 to $205.00 and set an “equal weight” rating for the company in a research note on Thursday, April 13th. Finally, Citigroup upped their price target on Honeywell International from $240.00 to $242.00 in a research note on Friday, April 28th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $214.56.

    Honeywell International Profile

    (Get Rating)

    Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity and management services.

    Featured Articles

    Want to see what other hedge funds are holding HON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell International Inc. (NASDAQ:HONGet Rating).

    Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

    Receive News & Ratings for Honeywell International Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Honeywell International and related companies with MarketBeat.com’s FREE daily email newsletter.

    ABMN Staff

    Source link

  • Harvest Fund Management Co. Ltd Has $426,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

    Harvest Fund Management Co. Ltd Has $426,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

    Harvest Fund Management Co. Ltd raised its stake in shares of Honeywell International Inc. (NASDAQ:HONGet Rating) by 68.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,002 shares of the conglomerate’s stock after purchasing an additional 812 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Honeywell International were worth $426,000 as of its most recent filing with the Securities and Exchange Commission.

    Other hedge funds have also modified their holdings of the company. Bellwether Advisors LLC increased its position in Honeywell International by 14.3% during the 3rd quarter. Bellwether Advisors LLC now owns 383 shares of the conglomerate’s stock worth $63,000 after purchasing an additional 48 shares in the last quarter. Key Financial Inc boosted its holdings in shares of Honeywell International by 3.8% during the 3rd quarter. Key Financial Inc now owns 1,340 shares of the conglomerate’s stock valued at $224,000 after acquiring an additional 49 shares in the last quarter. S&CO Inc. increased its holdings in Honeywell International by 3.4% in the 3rd quarter. S&CO Inc. now owns 1,522 shares of the conglomerate’s stock worth $254,000 after purchasing an additional 50 shares in the last quarter. Vantage Financial Partners Ltd. Inc. raised its position in Honeywell International by 0.8% in the third quarter. Vantage Financial Partners Ltd. Inc. now owns 6,125 shares of the conglomerate’s stock valued at $1,023,000 after purchasing an additional 50 shares during the last quarter. Finally, Lcnb Corp boosted its stake in shares of Honeywell International by 1.0% during the third quarter. Lcnb Corp now owns 5,052 shares of the conglomerate’s stock valued at $844,000 after purchasing an additional 50 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

    Analyst Upgrades and Downgrades

    HON has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price objective on shares of Honeywell International from $205.00 to $215.00 and gave the company an “overweight” rating in a report on Friday, February 3rd. Morgan Stanley lifted their price target on shares of Honeywell International from $209.00 to $213.00 and gave the stock an “equal weight” rating in a report on Friday, February 3rd. HSBC increased their price objective on Honeywell International from $190.00 to $205.00 and gave the company a “hold” rating in a report on Tuesday, February 14th. Deutsche Bank Aktiengesellschaft cut their target price on Honeywell International from $235.00 to $228.00 and set a “buy” rating on the stock in a report on Wednesday, April 12th. Finally, Royal Bank of Canada raised their target price on Honeywell International from $204.00 to $208.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 29th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International has an average rating of “Hold” and an average price target of $214.44.

    Honeywell International Stock Up 0.4 %

    Honeywell International stock opened at $196.78 on Tuesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.98 and a current ratio of 1.25. The stock has a market cap of $131.00 billion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 2.41 and a beta of 1.09. Honeywell International Inc. has a fifty-two week low of $166.63 and a fifty-two week high of $220.96. The firm’s 50-day simple moving average is $191.10 and its 200 day simple moving average is $201.86.

    Honeywell International (NASDAQ:HONGet Rating) last issued its quarterly earnings results on Thursday, February 2nd. The conglomerate reported $2.52 EPS for the quarter, beating analysts’ consensus estimates of $2.51 by $0.01. The company had revenue of $9.19 billion during the quarter, compared to the consensus estimate of $9.26 billion. Honeywell International had a return on equity of 32.89% and a net margin of 14.00%. Honeywell International’s revenue was up 6.1% on a year-over-year basis. During the same period last year, the business posted $2.09 earnings per share. Research analysts predict that Honeywell International Inc. will post 9.03 EPS for the current fiscal year.

    Honeywell International Dividend Announcement

    The business also recently declared a quarterly dividend, which will be paid on Friday, June 2nd. Investors of record on Friday, May 12th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.09%. Honeywell International’s dividend payout ratio (DPR) is currently 56.67%.

    Honeywell International Profile

    (Get Rating)

    Honeywell International, Inc is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. It specializes in turbochargers control, sensing and security technologies for buildings and homes, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business, and transportation.

    Recommended Stories

    Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

    Receive News & Ratings for Honeywell International Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Honeywell International and related companies with MarketBeat.com’s FREE daily email newsletter.

    ABMN Staff

    Source link