Honeywell Dumps Productivity Unit In $1.4 Billion Deal With Brady
On Monday, Honeywell International Inc. (NASDAQ:HON) agreed to sell its Productivity Solutions and Services unit to Brady Corporation (NYSE:BRC) for $1.4 billion in cash.
The deal, expected to close in the second half of 2026, is part of Honeywell’s ongoing portfolio simplification ahead of its planned Aerospace spin-off in the third quarter of 2026. The PSS business generated about $1.1 billion in 2025 revenue.
The move follows prior divestitures, including the spin-off of Solstice Advanced Materials (NASDAQ:SOLS), as Honeywell sharpens focus on its core operations.
Technical Analysis
Honeywell is currently trading within a strong technical setup, positioned significantly above its 200-day simple moving average (SMA), which suggests a bullish trend. The stock is trading 2.6% above its 20-day SMA, indicating positive short-term momentum, while it is 1.6% below its 50-day SMA, suggesting some resistance at that level.
The relative strength index (RSI) is at 53.49, indicating neutral momentum, which suggests that the stock is neither overbought nor oversold ...
Source: Benzinga