Honeywell Aerospace Closes at $164.73 After June Spin-Off, Valued at $52.21 Billion
Updated
Updated · Yahoo Finance · Aug 24
Honeywell Aerospace Closes at $164.73 After June Spin-Off, Valued at $52.21 Billion
1 articles · Updated · Yahoo Finance · Aug 24
Summary
$164.73 was Honeywell Aerospace's Aug. 21 closing price, giving the newly independent company a $52.21 billion market capitalization after its June 2026 spin-off from Honeywell International.
Madison Investments added HONA as a new holding in its Q2 2026 Large Cap Fund letter, arguing the separation should sharpen management incentives and capital allocation for the aerospace business.
Madison said Honeywell Aerospace has content on about 90% of in-service aircraft and serves OEM, government and aircraft-operator customers, supporting its view that the company's growth outlook is underappreciated.
The stock has still fallen 21.87% over the past month, even as Madison framed it as a high-quality non-AI pick in a quarter when the fund returned 8.4% and the S&P 500 gained 15.2%.