Honeywell International Share Price Today

(NASDAQ: HON)

“Honeywell International Inc. is a diversified technology and manufacturing company with a global presence. The company traces its origin to 1885 when Al Butz invented the damper flapper, which went on to become the backbone of Honeywell Inc. Butz, who founded the Butz Thermo-Electric Regulator Company, left it in 1888. He transferred the patents to a legal firm, which renamed the company the Consolidated Temperature Controlling Company. The company went through a series of changes in ownership and was also renamed several times. In 1912 it was named Minneapolis Heat Regulator Company. Mark Honeywell, the inventor of the mercury seal generator, founded Honeywell Heating Speciality Company in 1906 to manufacture and sell his invention. Minneapolis Heat Regulator Company merged with Honeywell Heating Speciality Company in 1927 to form the publicly held Minneapolis-Honeywell Regulator Company. Allied Signal acquired the company in 1999. Honeywell was chosen as the combined company name owing to its high brand value. Morristown, New Jersey, became the new headquarters of the company. However, in 2019 the company moved its headquarters to Charlotte, North Carolina. Honeywell operates in four segments; Aerospace, Performance Materials and Technologies, Honeywell Building Technologies, and Safety and Productivity Solutions. Its product line-up includes building controls, industrial automation systems, electronic switches and motors, microelectronics, medical instruments, military avionics, and space systems. Their defence applications include missile and bomb guidance systems and optical and electronic sensors. The company has 110,000 employees worldwide. The COVID 19 pandemic suspended travel and demand for its aerospace products went down drastically. As a result, the company transitioned several of its facilities to producing N95 masks and other personal protective equipment. For the quarter ended september, the revenue came in at $8.4 billion, up 9% on year. The GAAP net income rose 66% to $1.25 billion. The EPS also increased by 68% to $1.8. Honeywell was a part of the Dow Jones Industrial Average Index from 1999 to 2008. Honeywell rejoined the index in 2020 and moved its listing to Nasdaq (HON) from the New York Stock Exchange. As of 2020, the company is also a part of the S&P 100 Index and S&P 500 Index. Currently Honeywell International Inc. has a market cap of $134.81 Billion. It has a P.E ratio of 23.31. The shares of Honeywell International Inc. are trading at $212.89. ” .