🔴 HON is trading 4.6% down today after the Aerospace spin-off and 1-for-2 reverse split

HON is trading 4.6% down at $232.21 after completing the spin-off of its Aerospace division and a 1-for-2 reverse stock split.

• The separation became effective on June 29, 2026, with the aerospace business now trading independently under the ticker HONA.
• The price movement reflects the stock's adjustment to its new post-spin structure rather than an earnings surprise, as the company recently reiterated its 2026 guidance.
• Honeywell will continue to operate under the HON ticker following the structural reorganization.