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Apr 20, 2026 12:00 PM

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 ...