Honeywell Aerospace starts Nasdaq trading as independent firm

Honeywell Aerospace began trading as an independent company on the Nasdaq stock exchange on Monday, June 29, 2026, completing a multi-year corporate restructuring that split the industrial conglomerate Honeywell into three separate entities. The new stock, trading under the ticker HONA, saw its shares jump as much as 7% at the opening bell before retreating to close slightly lower.

The launch marks the final step in Honeywell's plan to separate into more focused businesses. The company had previously spun off its advanced materials division as Solstice Advanced Materials in October 2025. The remaining Honeywell entity, now named Honeywell Technologies and retaining the HON ticker, continues to focus on industrial automation. Honeywell Aerospace, headquartered in Phoenix, now operates as a standalone aerospace and defense supplier.

Existing Honeywell Technologies shareholders received one share of HONA for every two shares of HON they owned as of the record date of June 15, 2026. On its first day of regular trading, Honeywell Aerospace shares opened at $236.78, compared to a when-issued closing price of $221.01 the previous week. The stock closed at $220.19, down 0.4% for the...