Latest news with #HoneywellInternational
Yahoo
4 days ago
- Business
- Yahoo
Honeywell Adds Elliott Executive to Its Board Ahead of Breakup
Honeywell International is adding an executive from activist investor Elliott Investment Management to its board ahead of the industrial conglomerate's split into three companies. The company appointed Marc Steinberg, a partner at Elliott, as an independent director and audit committee member, effective at the end of this month, confirming an earlier report by The Wall Street Journal. North Korea Infiltrates U.S. Remote Jobs—With the Help of Everyday Americans Wall Street Bets the Worst of Trump's Trade War Is Behind It GM Invests in V-8 Engines as It Backpedals on EVs The End of Southwest's 'Bags Fly Free' Threatens Its On-Time Record The Self-Driving Truck Startup That Siphoned Trade Secrets to Chinese Companies The appointment comes with a cooperation agreement between the industrial conglomerate and Elliott. The agreement will give Honeywell standard protections around confidentiality and other matters for a set period. Elliott revealed late last year that it had amassed a more than $5 billion stake in Honeywell and called on the company to break itself apart. Honeywell Chief Executive Vimal Kapur said Wednesday that he appreciated the constructive insight Steinberg has shared with the company in recent months. Steinberg has been at Elliott since 2015 and is responsible for public and private-equity investments across a number of industries. Steinberg previously worked at the boutique investment bank Centerview Partners. He currently sits on the boards of Etsy and Pinterest, as well as two private companies, Syneos Health and Nielsen Holdings. In a letter sent to Honeywell's board late last year, Elliott called for many changes centered on simplification that could create greater value for shareholders. It didn't explicitly ask for board seats. Honeywell, which has a market value of around $145 billion, is separating its aerospace division from its automation business, and spinning off its advanced-materials arm. The breakup is expected to be wrapped up by the second half of next year. Kapur has been pursuing a string of smaller acquisitions to bolster certain Honeywell divisions, particularly in aerospace and defense, which has experienced stronger growth lately. (Elliott has said a stand-alone Honeywell aerospace business could be worth well over $100 billion.) Honeywell in late April raised its full-year guidance for earnings per share, saying it will use pricing and other actions to protect its bottom line in President Trump's trade war. Elliott, meanwhile, just wrapped up a heated boardroom battle at the oil refiner Phillips 66, winning two of the four board seats it wanted. Elliots's stake in Honeywell is one of the firm's largest investments ever. Write to Lauren Thomas at Vail Resorts Shakes Up Leadership After Rocky Ski Season Salesforce Strikes $8 Billion Deal for Informatica Salesforce Deal Buys It Some Time in AI Race Chevron Gets Narrow License to Preserve Oil Assets in Venezuela General Mills Expects $130 Million in Charges from Transformation Initiative
Business Recorder
13-05-2025
- Business
- Business Recorder
Honeywell's India unit posts smaller fourth-quarter profit as costs surge
Honeywell Automation India reported a fall in fourth-quarter profit on Tuesday as rising expenses outpaced revenue growth. Profit at the Indian subsidiary of U.S. conglomerate Honeywell International fell 5.6% year-on-year to 1.4 billion rupees ($16.4 million) for the quarter ended March 31. The company provides building automation solutions to industrial clients and designs emission-curbing and energy transition products. Capital goods companies in India are currently facing challenges due to weakened infrastructure demand, with government spending, which had increased ahead of the 2024 national elections, now slowing down. However, execution of existing projects helped boost Honeywell's revenue. Honeywell Automation's revenue from operations rose 17.2% to 11.15 billion rupees but did not offset the 22% rise in expenses. Total expenses stood at 9.71 billion rupees due to a 44.2% increase in cost of materials consumed, which constitutes more than half of the total expenses. The company does not provide a breakdown of its revenue distribution or discloses which specific raw materials it consumes. Honeywell International reported a 1% rise in its March-quarter net income, on April 29. The company's stock, one of the most expensive in India, closed 1.7% higher to 35,815 rupees, ahead of the results.
Reuters
13-05-2025
- Business
- Reuters
Honeywell's India unit posts smaller fourth-quarter profit as costs surge
May 13 (Reuters) - Honeywell Automation India ( opens new tab reported a fall in fourth-quarter profit on Tuesday as rising expenses outpaced revenue growth. Profit at the Indian subsidiary of U.S. conglomerate Honeywell International (HON.O), opens new tab fell 5.6% year-on-year to 1.4 billion rupees ($16.4 million) for the quarter ended March 31. The company provides building automation solutions to industrial clients and designs emission-curbing and energy transition products. Capital goods companies in India are currently facing challenges due to weakened infrastructure demand, with government spending, which had increased ahead of the 2024 national elections, now slowing down. However, execution of existing projects helped boost Honeywell's revenue. Honeywell Automation's revenue from operations rose 17.2% to 11.15 billion rupees but did not offset the 22% rise in expenses. Total expenses stood at 9.71 billion rupees due to a 44.2% increase in cost of materials consumed, which constitutes more than half of the total expenses. The company does not provide a breakdown of its revenue distribution or discloses which specific raw materials it consumes. Honeywell International reported a 1% rise in its March-quarter net income, on April 29. The company's stock, one of the most expensive in India, closed 1.7% higher to 35,815 rupees, ahead of the results. ($1 = 85.3100 Indian rupees)
Yahoo
13-05-2025
- Business
- Yahoo
Disposable Face Masks Market Analysis 2025-2032: Insights by Product, Technology, Grade, Application, End-user and Region
Featuring Detailed Profiles of Key Players: 3M, Honeywell International, Moldex-Metric, Kimberly-Clark Corporation, and Uvex Group Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Disposable Face Mask Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2032 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)" report has been added to global disposable face mask market is on a steady growth trajectory, projected to reach a valuation of USD 5.6 billion by 2032, up from USD 4.07 billion in 2025. This represents a robust compound annual growth rate (CAGR) of 5% during the forecast period. The market has evolved significantly from being primarily healthcare-focused to becoming a mainstream personal protection product, driven by global health crises, rising pollution levels, and the need for occupational InsightsDisposable face masks have become a critical part of everyday life, particularly after the COVID-19 pandemic, which introduced their widespread use beyond healthcare settings. These masks are typically composed of three to four layers of fabric that help filter airborne particles, thereby reducing exposure to harmful substances. They are extensively utilized across healthcare, construction, sanitation, food production, and pharmaceutical campaigns, media influence, and stricter safety protocols in workplaces have bolstered their use. Furthermore, the increasing number of healthcare professionals and emphasis on public health safety have also contributed to sustained Growth Drivers Increasing Awareness about Air QualityGrowing concern over air pollution has significantly boosted the use of disposable face masks. The public, now more informed due to COVID-19, continues to use face masks to protect against harmful environmental conditions and respiratory ailments. Global studies have indicated air pollution as a leading environmental health risk, with urban populations being the most Cases of Airborne AllergiesGlobal allergen reports estimate that nearly 400 million people suffer from airborne allergies. The use of disposable face masks has proven effective in preventing exposure to allergens, which is driving their continued Workplace Safety RegulationsIncreased enforcement of workplace safety norms in various industries such as construction, pharmaceuticals, and food processing has accelerated the demand for disposable face masks. Employers are increasingly incorporating masks into standard personal protective equipment (PPE) Opportunity Growth of Medical TourismAs medical tourism expands, especially in countries like Thailand and Mexico, the demand for disposable masks rises in parallel due to increased surgical and diagnostic procedures. With patients traveling across borders for affordable, high-quality healthcare, the need for hygiene and protection is greater than Healthcare Spending and Elderly PopulationWith more focus on preventive care, and increased disposable income, the general population is investing more in healthcare services, which indirectly boosts demand for disposable PPE such as face masks. Additionally, aging populations in various regions are creating a need for regular healthcare and associated safety and Restraints Environmental ConcernsThe non-biodegradable nature of disposable masks poses a challenge. Rising awareness about sustainability and eco-conscious consumer behavior may slow down market growth unless manufacturers develop environmentally friendly of Reusable and Sustainable AlternativesInnovative reusable masks and respirators are posing strong competition. With consumers leaning toward environmentally responsible products, single-use disposable masks face growing of Low-Quality ProductsThe influx of counterfeit or low-quality disposable masks undermines consumer trust and may hamper market growth unless adequately Analysis Asia Pacific - Dominant Manufacturing HubAsia Pacific leads the global market due to its massive manufacturing capabilities, especially in China and India. These countries benefit from abundant raw material availability and labor resources. Moreover, the vast population and growing healthcare sectors further fuel the demand for disposable America - Fastest Growing RegionNorth America is projected to witness the fastest growth during the forecast period. The region's heightened focus on healthcare, coupled with the increasing adoption of personal safety practices and growing medical tourism in Mexico, are driving market expansion. Substantial healthcare investments, such as the US's rising healthcare expenditure, further bolster this Market Players Several leading companies are contributing to the evolving Analysis of the disposable face mask market by focusing on innovation, sustainability, and strategic collaborations. These include: 3M Honeywell International Inc. Moldex-Metric, Inc. Kimberly-Clark Corporation Uvex Group Kowa American Corporation SAS Safety Corp. The Gerson Companies, Inc. DACH Jiangsu Teyin Imp. & Exp. Co., Ltd. Key Developments New Launch by MASKC MASKC launched a Kf94 mask made of four layers of non-woven and melt-blown materials with BFE exceeding 94%. This product enhances comfort, functionality, and appeal, making face masks a fashion-forward accessory. Ezzigroup Inc.'s Compostable Surgical Mask Ezzigroup Inc., a Canadian PPE manufacturer, introduced the country's first ASTM F-2100 approved compostable surgical mask made from cotton, wood pulp, and PLA. This biodegradable mask addresses environmental concerns and positions the company as a pioneer in sustainable PPE. Key Topics Covered1. Executive Summary1.1. Global Disposable Face Mask Market Snapshot1.2. Future Projections1.3. Key Market Trends1.4. Regional Snapshot, by Volume and Value, 20251.5. Analyst Recommendations2. Market Overview2.1. Market Definitions and Segmentations2.2. Market Dynamics2.2.1. Drivers2.2.2. Restraints2.2.3. Market Opportunities2.3. Value Chain Analysis2.4. Porter's Five Forces Analysis2.5. COVID-19 Impact Analysis2.5.1. Supply2.5.2. Demand2.6. Impact Of Ukraine-Russia Conflict2.7. Economic Overview2.7.1. World Economic Projections2.8. Pestle Analysis3. Production Output and Trade Statistics, 2019 - 20243.1. Global Disposable Face Mask Market Production Output, by Region, Value (US$ Bn) and Volume (Million Units),2019 - 20243.1.1. North America3.1.2. Europe3.1.3. Asia-Pacific3.1.4. Latin America3.1.5. Middle East and Africa4. Price Analysis, 2019 - 20244.1. Global Average Price Analysis, by Product Type, US$ Per Unit, 2019 - 20244.2. Prominent Factor Affecting Disposable Face Mask Prices4.3. Global Average Price Analysis, by Region, US$ Per Unit, 2019 - 20245. Global Disposable Face Mask Market Outlook, 2019 - 20325.1. Global Disposable Face Mask Market Outlook, by Product Type, Value (US$ Bn) and Volume (Million Units), 2019 - 20325.1.1. Key Highlights5.1.1.1. Protective Masks5.1.1.2. Dust Masks5.1.1.3. Non-Woven Masks5.1.1.4. Others5.2. Global Disposable Face Mask Market Outlook, by Application, Value (US$ Bn) and Volume (Million Units), 2019 - 20325.2.1. Key Highlights5.2.1.1. Industrial Use5.2.1.2. Personal Use5.3. Global Disposable Face Mask Market Outlook, by Application, Value (US$ Bn) and Volume (Million Units), 2019 - 20325.3.1. Key Highlights5.3.1.1. Offline Sales5.3.1.2. Online Sales5.4. Global Disposable Face Mask Market Outlook, by Region, Value (US$ Bn) and Volume (Million Units), 2019 - 20325.4.1. Key Highlights5.4.1.1. North America5.4.1.2. Europe5.4.1.3. Asia Pacific5.4.1.4. Latin America5.4.1.5. Middle East & Africa6. North America Disposable Face Mask Market Outlook, 2019 - 2032 7. Europe Disposable Face Mask Market Outlook, 2019 - 2032 8. Asia Pacific Disposable Face Mask Market Outlook, 2019 - 2032 9. Latin America Disposable Face Mask Market Outlook, 2019 - 2032 10. Middle East & Africa Disposable Face Mask Market Outlook, 2019 - 203211. Competitive Landscape11.1. Manufacturer Vs Product Type Heatmap11.2. Company Market Share Analysis, 202511.3. Competitive Dashboard11.4. Company Profiles11.4.1. 3M11.4.1.1. Company Overview11.4.1.2. Product Type Portfolio11.4.1.3. Financial Overview11.4.1.4. Business Strategies and Development11.4.2. Honeywell International Inc.11.4.3. Moldex-Metric, Inc.11.4.4. Kimberley-Clark Corporation11.4.5. Uvex group11.4.6. Kowa American Corporation11.4.7. SAS Safety Corp.11.4.8. The Gerson Companies, Inc.11.4.9. DACH11.4.10. JIANGSU TEYIN IMP. & EXP. CO., LTD.12. Appendix12.1. Research Methodology12.2. Report Assumptions12.3. Acronyms And AbbreviationsFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
11-05-2025
- Business
- Yahoo
Honeywell International Inc. (NASDAQ:HON) Pays A US$1.13 Dividend In Just Four Days
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Honeywell International Inc. (NASDAQ:HON) is about to trade ex-dividend in the next four days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Accordingly, Honeywell International investors that purchase the stock on or after the 16th of May will not receive the dividend, which will be paid on the 6th of June. The company's upcoming dividend is US$1.13 a share, following on from the last 12 months, when the company distributed a total of US$4.52 per share to shareholders. Based on the last year's worth of payments, Honeywell International stock has a trailing yield of around 2.1% on the current share price of US$213.03. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. We need to see whether the dividend is covered by earnings and if it's growing. We've discovered 1 warning sign about Honeywell International. View them for free. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. Honeywell International paid out more than half (50%) of its earnings last year, which is a regular payout ratio for most companies. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. It paid out more than half (58%) of its free cash flow in the past year, which is within an average range for most companies. It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. See our latest analysis for Honeywell International Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks with flat earnings can still be attractive dividend payers, but it is important to be more conservative with your approach and demand a greater margin for safety when it comes to dividend sustainability. If earnings fall far enough, the company could be forced to cut its dividend. It's not encouraging to see that Honeywell International's earnings are effectively flat over the past five years. Better than seeing them fall off a cliff, for sure, but the best dividend stocks grow their earnings meaningfully over the long run. Earnings per share growth has been slim, and the company is already paying out a majority of its earnings. While there is some room to both increase the payout ratio and reinvest in the business, generally the higher a payout ratio goes, the lower a company's prospects for future growth. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. In the past 10 years, Honeywell International has increased its dividend at approximately 9.6% a year on average. Should investors buy Honeywell International for the upcoming dividend? Earnings per share have barely grown, and although Honeywell International paid out over half its earnings and free cash flow last year, the payout ratios are within a normal range for most companies. In summary, while it has some positive characteristics, we're not inclined to race out and buy Honeywell International today. If you're not too concerned about Honeywell International's ability to pay dividends, you should still be mindful of some of the other risks that this business faces. For example, we've found 1 warning sign for Honeywell International that we recommend you consider before investing in the business. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
