The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Honeywell (NASDAQ:HON) and the rest of the general industrial machinery stocks fared in Q4.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 6.1% over the past six months. This performance was disappointing since the S&P 500 stood firm.
Honeywell named David Sewell President and CEO of the Advanced Materials business, effective immediately, and Tina Pierce as CFO, effective May 1, 2025.
Honeywell expects the deal to be immediately accretive to its sales growth, segment margin, and adjusted earnings per share in the first full year of ownership. The acquisition is expected to close in the second quarter of 2025.
Industrial equipment and engineered products manufacturer Albany (NYSE:AIN)
will be announcing earnings results tomorrow afternoon. Here’s what to look for.
Is the era of conglomerates over? Business conglomerates used to be the big thing and were well-regarded for a long time. But some high-profile changes have cast doubt on conglomerates. Honeywell International Inc. is an example.
