Spin‑off of Honeywell’s Advanced Materials business into Solstice Advanced Materials was completed on October 30, 2025. Shareholders received one share of Solstice common stock for every four shares of Honeywell common stock held as of the record date, October 17, 2025.
Solstice shares began trading on the Nasdaq Stock Market under the ticker “SOLS” at market opening on October 30, 2025, while Honeywell continues to trade under the ticker “HON.”
In 2024, Solstice reported revenue of $3.77 billion and earnings of $594 million. Honeywell’s third‑quarter 2025 results showed net sales of $10.4 billion and adjusted earnings per share of $2.82. The spin‑off is expected to reduce Honeywell’s full‑year sales by $0.7 billion and adjusted EPS by $0.21.
The spin‑off is part of Honeywell’s strategy to become three focused, industry‑leading public companies: Honeywell Aerospace, Honeywell Automation, and Solstice. Solstice focuses on sustainability‑driven specialty chemicals and materials for refrigerants, semiconductor manufacturing, data‑center cooling, alternative energy, protective fibers, and healthcare packaging.
Honeywell’s CEO stated that the spin‑off unlocks shareholder value and allows each entity to pursue tailored growth strategies. Solstice’s CEO emphasized the company’s commitment to expanding high‑margin markets and investing in research and development to broaden its product portfolio.
Honeywell plans to separate its Aerospace Technologies and Automation businesses in the second half of 2026, further refining its focus on core capabilities.
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