SGX:STEG.SI 25 January 2026 - 8 February 2026

June 30, 2026, 12:26 AM EDT. Honeywell Technologies (NYSE: HON) dropped over 6% Monday after its Honeywell Aerospace (NYSE: HONA) spin-off was completed. The aerospace business started trading solo as the new Honeywell Technologies shifts focus to building, process and industrial automation. Investors got one HONA share for every two HON, while Honeywell Technologies completed a 1-for-2 reverse split. CEO Vimal Kapur said the overhaul lets both companies focus growth and drive value. Honeywell Technologies now targets 2025 pro forma net sales of $19.9 billion, up 3%, and net income of $1.34 billion. The company reports next on July 23.