Honeywell Readies for Initial Phase of Its Division into Three Companies: What to Expect
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 17 2025
0mins
Source: CNBC
Honeywell's Spin-off: Honeywell will separate its Solstice Advanced Materials unit, with shareholders receiving one share of Solstice for every four shares of Honeywell. The spin-off is part of a multi-stage breakup plan initiated by activist investor Elliott Management, aiming to simplify Honeywell's structure.
Solstice's Business Overview: Solstice is a mid-sized specialty chemicals company with nearly $4 billion in sales, focusing on refrigerants, building solutions, and electronic materials. It has shown better profitability and return on invested capital compared to its peers, despite recent stagnation in sales growth.
Market Position and Challenges: Solstice has a strong market presence, with 90% of its U.S. sales manufactured domestically, making it resilient to tariffs. However, it faces challenges due to exposure to cyclical markets and has not achieved significant sales growth in recent years.
Future Outlook: Management believes Solstice is at an inflection point, with potential growth driven by trends in advanced computing, environmental evolution, and personal safety. The upcoming separation may lead to a shift in shareholder focus towards Honeywell's aerospace division once it is spun out.
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Analyst Views on DD
Wall Street analysts forecast DD stock price to fall
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 49.430
Low
44.00
Averages
49.30
High
59.00
Current: 49.430
Low
44.00
Averages
49.30
High
59.00
About DD
DuPont de Nemours, Inc. is engaged in providing advanced solutions that help transform industries. The Company serves various markets, including healthcare, water, construction, and transportation. The Company’s IndustrialsCo segment is a provider of engineered products and integrated solutions primarily serving medical, including packaging and specialty medical devices, water filtration, worker safety, automotive, including electric vehicles, aerospace and building product end markets. The IndustrialsCo segment offers medical packaging, medical silicones, specialty medical devices, water purification and separation, water filtration and purification resins, flexible packaging products, nonwovens, aramids, construction materials, auto adhesives and fluids.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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