From None. Financialmodelingprep.com is an independent financial data provider and not a media company.: 2025-01-13 14:00:06

Honeywell International Inc. (NASDAQ:HON) partners with Verizon to integrate 5G technology, enhancing business resiliency for retailers and logistics firms. The collaboration offers a solution for operational continuity during disruptions like power outages, leveraging Verizon’s 5G connectivity and Honeywell’s technology. Honeywell reports a revenue of $9.73 billion and an operating profit margin of around 21.61%.

Honeywell International Inc. (NASDAQ:HON) is a technology and manufacturing company operating in aerospace, building technologies, and safety solutions. Their collaboration with Verizon aims to revolutionize retail processes by integrating 5G technology. The partnership simplifies procurement and contracting, enhancing business resiliency for retailers and logistics companies.

The Honeywell-Verizon solution ensures operational continuity during disruptions, allowing businesses to continue operations using 5G connectivity and advanced technology. Tailored for retail and logistics firms, the solution will be available in early 2025. Financially, Honeywell demonstrates strong performance metrics, with a reported revenue of $9.73 billion and an operating profit margin of approximately 21.61%.

Honeywell’s strategic partnership with Verizon aims to enhance business resiliency for retailers and logistics companies by integrating advanced technology with 5G connectivity. The solution simplifies procurement and contracting, enabling businesses to expand device and data plans easily. This collaboration ensures operational continuity during disruptions, minimizing revenue loss and ensuring business continuity.

Barclays rates Honeywell’s stock as “Overweight” with a price target of $255, indicating a potential upside of approximately 15.58% from its current price of $220.63. Honeywell’s financial performance reflects strong metrics, with a reported revenue of $9.73 billion and an operating profit margin of around 21.61%. The company’s focus on automation and significant megatrends further supports its growth trajectory.



Read more at None. Financialmodelingprep.com is an independent financial data provider and not a media company.:: Honeywell International Inc. Partners with Verizon…