Honeywell International Stock - Aerospace spinoff details firm up

Honeywell International is moving closer to a long-planned breakup, with fresh details this week on the pro-rata distribution and trading timeline for its aerospace spinoff. The separation reshapes the conglomerate’s profile just as markets reassess diversified industrials.

Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 11:20 UTC. Details in the imprint.

Honeywell International (US4385161066) is moving closer to separating its aerospace business into a standalone company. The latest details on record date, distribution ratio and trading timeline surfaced in recent days, with Canadian bank CIBC outlining mechanics for related depositary receipts and Honeywell-focused instruments.

What the spinoff plan shows

According to a recent CIBC notice to Canadian Depositary Receipt holders, Honeywell expects to distribute shares in its aerospace business at 12:01 a.m. New York time on June 29, 2026, on a tax-free, pro-rata basis to existing investors. CIBC’s announcement on Honeywell Aerospace CDRs

Shareholders of record as of June 15, 2026, are slated to receive one aerospace share for every two Honeywell shares held, mirroring the 1-for-2 distribution ratio referenced in recent market commentary. An analysis of Honeywell’s restructuring

How trading is organized ahead

Ahead of the formal separation, when-issued trading in the aerospace unit is taking place under the temporary ticker HONAV on Nasdaq, with the permanent HONA symbol expected to follow once regular-way trading begins after the distribution date. Market data for Honeywell Aerospace (HONAV)

For Honeywell shareholders, the setup means the legacy conglomerate will retain its industrial automation and other operations, while the pure-play aerospace company starts life with a distinct trading history and valuation profile.

The product behind the stock

Honeywell’s aerospace arm supplies avionics suites, flight management systems, auxiliary power units and safety technologies for commercial airliners, business jets and defense aircraft. The remaining Honeywell portfolio spans building controls, industrial automation, safety systems and performance materials.

Where the stock trades today

The shares of Honeywell International (US4385161066) trade on Nasdaq at $228.61 as of 06/18/2026, 10:50 ET.

Honeywell International at a glance

• Company: Honeywell International Inc.
• ISIN: US4385161066
• WKN: 870153
• Ticker: HON
• Venue: Nasdaq
• Price (as of 06/18/2026, 10:50 ET): 228.61 USD
• Market cap: 150,000,000,000 USD (as of 06/18/2026)
• Sector / Industry: Industrials / Industrial Conglomerates
• Index membership: Standard & Poor's 500 index, Dow Jones Industrial Average
• Next earnings date: 07/25/2026

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.