Starboard has taken a stake in Solstice Advanced Materials, Honeywell’s spin-off, and says the company is undervalued.
The headline links Starboard’s move to Honeywell’s failed megadeal, but the available details don’t explain that connection. They also don’t say how large Starboard’s stake is, what changes it wants, or how Solstice has responded. The reported activism targets Solstice, not Honeywell directly.
Investor takeaway: Starboard has taken a stake and says Solstice is trading cheaply. The available information doesn’t show what Starboard plans to do or how the situation could affect Honeywell.
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Honeywell International Inc
HON.US
HON.US
Honeywell International Inc
WealthAwesomeMarket cap
$67.61B
P/E
7.9x
Div. yield
4.48%
Div. / share
$9.40
52W high
$258.09
52W low
$193.26
1W change
+2.91%
Beta
0.89
Analyst Price Targets
Based on 24 analysts covering HON · as of Oct 19, 2026
Wall Street analysts forecast HON stock price to rise 19.5% over the next 12 months.
Consensus
Buy4.00 / 5.00
Avg. Target
C$254.91
+19.5% Upside
Previously C$255.35 on Oct 15, 2026
Current Price
C$213.32
Last close
Analyst Breakdown (24 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on HON's historical volatility
30-Day Vol
17.0%
Annualized
90-Day Vol
28.0%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$178.43
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$200.99 | C$189.57 – C$213.11 |
| 60 trading days | C$189.38 | C$174.34 – C$205.72 |
| 90 trading days | C$178.43 | C$161.23 – C$197.47 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Honeywell closed at US$213.27
Honeywell’s latest reported close was US$213.27. Trading volume was 163,641 shares, compared with a 20-day average of 2,307,989. These figures offer market context, but don’t confirm a reaction to the Solstice news.
Bull case
Starboard’s involvement puts Solstice’s valuation in focus. The activist investor says the spin-off is trading cheaply.
Bear case
The available details don’t disclose Starboard’s stake size or plans, provide Solstice’s valuation, or show a direct financial impact on Honeywell.
Starboard takes a stake in Honeywell spin-off Solstice
Starboard has reportedly taken a stake in Solstice Advanced Materials, which the headline identifies as a Honeywell spin-off. Starboard says Solstice is trading cheaply. The available information doesn’t say when Starboard acquired its stake, how large it is, or what actions it may seek. Neither Solstice nor Honeywell has provided a response in the details supplied.
The headline also mentions a failed megadeal, but doesn’t explain what the deal was or how it relates to Starboard’s move. It’s too early to draw conclusions about the strategic or financial impact on Honeywell.
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Honeywell’s share and volume figures offer context, not a confirmed reaction
Honeywell (HON.US) last closed at US$213.27. Its reported volume was 163,641 shares, compared with a 20-day average of 2,307,989, or 0.97x the average. The timing of these figures relative to the headline isn’t specified, so they don’t show that the Solstice news drove a move in Honeywell shares.
Honeywell was up 1.59% over one day, 2.91% over one week, 3.32% over one month, and 5.24% year to date. These figures describe the stock’s performance, not the market’s response to this event. See Honeywell’s stock page.
What remains to watch in the activist situation
Investors can watch for details on Starboard’s stake, any proposals it makes, and responses from Solstice or Honeywell. The available information doesn’t say whether or when any of these details will emerge.
For Honeywell shareholders, the key point is that the reported activism targets Solstice, not Honeywell. The information provided doesn’t quantify any effect on Honeywell’s finances or indicate a change to its business. Further company disclosures would be needed to assess any broader implications. More information is available on Honeywell’s stock page.
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