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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Laser breakthrough could send stock soaring 2,467% (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Laser breakthrough could send stock soaring 2,467% (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Laser breakthrough could send stock soaring 2,467% (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Laser breakthrough could send stock soaring 2,467% (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Laser breakthrough could send stock soaring 2,467% (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Laser breakthrough could send stock soaring 2,467% (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
NASDAQ:HON

Honeywell International (HON) Stock Price, News & Analysis

$200.63
-0.18 (-0.09%)
(As of 02/23/2024 ET)
Today's Range
$200.53
$202.63
50-Day Range
$193.01
$209.71
52-Week Range
$174.88
$210.87
Volume
2.45 million shs
Average Volume
3.36 million shs
Market Capitalization
$130.85 billion
P/E Ratio
23.69
Dividend Yield
2.15%
Price Target
$218.50

Honeywell International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
8.9% Upside
$218.50 Price Target
Short Interest
Healthy
0.90% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.57
Upright™ Environmental Score
News Sentiment
0.62mentions of Honeywell International in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$5.03 M Sold Last Quarter
Proj. Earnings Growth
8.34%
From $9.95 to $10.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.02 out of 5 stars

Multi-Sector Conglomerates Sector

5th out of 16 stocks

Aircraft Engines & Engine Parts Industry

1st out of 3 stocks


HON stock logo

About Honeywell International Stock (NASDAQ:HON)

Honeywell International Inc. is a diversified technology and manufacturing company with a global presence. Headquartered in Charlotte, North Carolina, the company operates in four key areas of business: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions.

Honeywell International Inc. is a renowned leader in the technology and manufacturing industry, providing innovative solutions to customers worldwide. The company's mission is to invent and manufacture technologies that address critical global challenges while improving the quality of life and the environment. Honeywell's commitment to excellence, sustainability, and corporate social responsibility guides its operations and strategic decisions.

Honeywell offers a diverse range of products and services across its business segments. The company specializes in producing auxiliary power units, propulsion engines, avionics systems, flight safety equipment, and advanced systems and instruments in the aerospace sector. These solutions are designed to enhance aircraft performance, safety, and efficiency.

Honeywell Building Technologies delivers software applications for building control and optimization, including energy management, access control, video surveillance, and fire products. The company's offerings help customers achieve energy efficiency, operational optimization, and enhanced building safety and security.

The Performance Materials and Technologies segment focuses on automation control, instrumentation, software, catalysts, adsorbents, and materials used in various automotive, electronics, and pharmaceutical industries. Honeywell's advanced materials are utilized in producing bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, among other applications.

Safety and Productivity Solutions provides many products and services, including personal protection equipment, gas detection technology, mobile devices and software, supply chain and warehouse automation equipment, and data and asset management productivity software solutions. These offerings enhance workplace safety, productivity, and operational efficiency for customers.

Honeywell International Inc. is led by a talented and experienced management team that drives the company's success. Darius E. Adamczyk serves as the Executive Chairman of Honeywell, providing strategic guidance and leadership. Vimal M. Kapur holds the position of Chief Executive Officer and Director, responsible for the company's overall operations and strategic direction. Kapur's extensive industry knowledge and leadership skills contribute to Honeywell's growth and success.

Over the past few years, Honeywell has consistently reported strong revenue figures. Honeywell's diverse product portfolio drives this growth and ability to meet evolving customer needs across industries.

While Honeywell's net income experienced a slight decline, the company maintains a robust profit margin of over 10%. These metrics indicate the company's ability to generate profits and maintain a healthy financial position. Honeywell maintains a debt-to-equity that indicates a reasonable level of debt relative to its equity. This implies that the company has effectively managed its debt and maintains a favorable balance sheet structure.

The industries in which Honeywell operates, including aerospace, building technologies, performance materials and technologies, and safety and productivity solutions, offer significant growth potential. However, these sectors are also subject to intense competition, evolving customer demands, and regulatory changes.

Honeywell's extensive portfolio and technological expertise contribute to its competitive advantages within these industries. The company's long-standing reputation, global presence, and commitment to innovation position it favorably relative to its peers.

Identifying and capitalizing on growth opportunities is crucial for Honeywell's long-term success. The company has several avenues for growth based on market trends, emerging technologies, and customer needs.

Honeywell can leverage the increasing demand for fuel-efficient engines, advanced avionics, and connectivity solutions in the aerospace sector. The company's ongoing investments in research and development enable it to deliver innovative solutions that enhance flight safety, efficiency, and connectivity.

Honeywell can benefit from the growing adoption of intelligent building solutions and sustainable practices within the building technologies segment. The company's energy management systems, controls, and software applications are well-positioned to meet the demand for efficient and environmentally friendly buildings.

Honeywell's performance materials and technologies segment presents growth opportunities across the automotive, electronics, and pharmaceutical industries. The company's automation control, catalysts, and advanced materials cater to these sectors' evolving needs, enabling them to enhance their manufacturing processes and develop innovative products.

In the safety and productivity solutions segment, Honeywell can capitalize on the increasing focus on workplace safety, operational efficiency, and data-driven decision-making. The company's diverse range of products and services, including personal protection equipment, gas detection technology, and supply chain automation solutions, position it to address customers' evolving needs in various industries.

Honeywell's competitive advantages in pursuing these growth opportunities lie in its extensive expertise, global reach, and strong customer relationships. The company's ability to develop and deploy innovative technologies, coupled with its commitment to customer-centric solutions, positions it as a preferred partner for organizations seeking technological advancements and operational improvements.

Honeywell faces potential risks and challenges that could impact its business operations and financial performance. Identifying and managing these risks is crucial for sustained success in a dynamic business environment.

Global economic conditions and geopolitical uncertainties can challenge Honeywell, affecting customer demand and market conditions. Fluctuations in commodity prices, supply chain disruptions, and currency exchange rates may impact the company's profitability and cost structure.

Honeywell is a multinational company operating in multiple sectors and must navigate regulatory complexities and compliance requirements. Changes in government policies, environmental regulations, and trade agreements can influence the company's operations and profitability.

Intense competition within the industries in which Honeywell operates poses a risk to its market share and pricing power. The company must continue to innovate, invest in research and development and differentiate its products and services to maintain its competitive edge.

Risk management is an integral part of Honeywell's strategy. The company employs various strategies to mitigate potential risks, including diversification across industries, regions, and customer segments. Proactively monitoring market conditions, continuous innovation, and operational excellence contribute to risk mitigation.

HON Stock Price History

HON Stock News Headlines

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Honeywell declares $1.08 dividend
HONEYWELL ANNOUNCES QUARTERLY DIVIDEND
See More Headlines
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Company Calendar

Ex-Dividend for 12/1 Dividend
11/09/2023
Dividend Payable
12/01/2023
Last Earnings
2/01/2024
Today
2/24/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Aircraft engines & engine parts
Sub-Industry
Aerospace & Defense
Current Symbol
NASDAQ:HON
CUSIP
43851610
Employees
97,000
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$218.50
High Stock Price Target
$242.00
Low Stock Price Target
$180.00
Potential Upside/Downside
+8.9%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$5.66 billion
Pretax Margin
19.53%

Debt

Sales & Book Value

Annual Sales
$36.66 billion
Cash Flow
$11.18 per share
Book Value
$25.20 per share

Miscellaneous

Free Float
649,247,000
Market Cap
$130.85 billion
Optionable
Optionable
Beta
1.04

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Should I Buy Honeywell International Stock? HON Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Honeywell International was last updated on Wednesday, February 21, 2024 at 1:41 PM.

Pros

Here are some ways that investors could benefit from investing in Honeywell International Inc.:

  • Honeywell International Inc. has a strong market capitalization of $128.45 billion, indicating stability and potential for growth.
  • The company's return on equity of 35.17% showcases efficient use of shareholder funds to generate profits.
  • Honeywell International Inc. reported a revenue increase of 2.8% year-over-year, demonstrating positive growth in its business operations.
  • The conglomerate's PE ratio of 22.93 suggests that the stock may be undervalued compared to its earnings potential.
  • Honeywell International Inc.'s diverse product offerings in aerospace, building technologies, performance materials, and safety solutions provide a well-rounded portfolio for investors.

Cons

Investors should be bearish about investing in Honeywell International Inc. for these reasons:

  • The current stock price of $194.84 may be considered high, potentially limiting short-term gains for investors.














HON Stock Analysis - Frequently Asked Questions

Should I buy or sell Honeywell International stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Honeywell International in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HON shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HON, but not buy additional shares or sell existing shares.
View HON analyst ratings
or view top-rated stocks.

What is Honeywell International's stock price target for 2024?

5 equities research analysts have issued 12-month target prices for Honeywell International's stock. Their HON share price targets range from $180.00 to $242.00. On average, they expect the company's share price to reach $218.50 in the next year. This suggests a possible upside of 8.9% from the stock's current price.
View analysts price targets for HON
or view top-rated stocks among Wall Street analysts.

How have HON shares performed in 2024?

Honeywell International's stock was trading at $209.71 on January 1st, 2024. Since then, HON shares have decreased by 4.3% and is now trading at $200.63.
View the best growth stocks for 2024 here
.

When is Honeywell International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our HON earnings forecast
.

How were Honeywell International's earnings last quarter?

Honeywell International Inc. (NASDAQ:HON) announced its quarterly earnings data on Thursday, February, 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.01. The conglomerate had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.70 billion. Honeywell International had a net margin of 15.43% and a trailing twelve-month return on equity of 35.17%. Honeywell International's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.52 EPS.
Read the conference call transcript
.

How often does Honeywell International pay dividends? What is the dividend yield for Honeywell International?

Honeywell International declared a quarterly dividend on Friday, February 16th. Investors of record on Friday, March 1st will be given a dividend of $1.08 per share on Friday, March 15th. This represents a $4.32 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for HON
.

Is Honeywell International a good dividend stock?

Honeywell International (NASDAQ:HON) pays an annual dividend of $4.32 per share and currently has a dividend yield of 2.15%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 51.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HON will have a dividend payout ratio of 40.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HON.

What guidance has Honeywell International issued on next quarter's earnings?

Honeywell International issued an update on its first quarter 2024 earnings guidance on Friday, February, 2nd. The company provided earnings per share (EPS) guidance of 2.120-2.220 for the period, compared to the consensus EPS estimate of 2.240. The company issued revenue guidance of $8.9 billion-$9.2 billion, compared to the consensus revenue estimate of $9.3 billion.

Who are Honeywell International's major shareholders?

Honeywell International's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.27%), Newport Trust Company LLC (2.38%), Massachusetts Financial Services Co. MA (2.28%), Price T Rowe Associates Inc. MD (1.19%), Nuveen Asset Management LLC (1.17%) and Northern Trust Corp (0.98%). Insiders that own company stock include Anne T Madden, Darius Adamczyk, George Koutsaftes, Gregory P Lewis, Que Dallara, Que Dallara and Vimal Kapur.
View institutional ownership trends
.

How do I buy shares of Honeywell International?

Shares of HON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Honeywell International have any subsidiaries?
The following companies are subsidiares of Honeywell International: ActivEye, Akuacom, AlliedSignal Aerospace Service LLC, AlliedSignal Inc., Aube Technologies, Aviaso, BW Technologies, BW Technologies Partnership, Ballard Unmanned Systems, COM DEV International Ltd, COM DEV Ltd., Callidus Technologies, ConverDyn, Data Instruments Inc., Datamax-O'Neil, Dimensions International, E-Mon, EMS Technologies, EMS Technologies Canada Ltd., Elster, Elster American Meter Company LLC, Elster GmbH, Elster Group GmbH, Elster Solutions LLC, Elster s.r.o., Enraf Holding BV, Fire Sentry, First Technology, Gardiner Groupe Europe, Genesis Cable Systems, Grimes Aerospace Company, Grimes Aerospace Company, Hand Held Products, Hand Held Products Inc., Honeywell Aerospace Avionics Malaysia Sdn Bhd, Honeywell Aerospace De Puerto Rico Inc., Honeywell Aerospace UK, Honeywell Aerospace de México S. de R.L. de C.V., Honeywell Aircraft Leasing LLC, Honeywell Analytics Asia Pacific Co Ltd, Honeywell Automation Control Solutions China Co Ltd, Honeywell Automation India Limited, Honeywell Avionics Shanghai Co. Ltd., Honeywell China Co. Ltd., Honeywell Co. Ltd., Honeywell Control Systems Limited, Honeywell Deutschland Holding GmbH, Honeywell Electronic Chemicals LLC, Honeywell Electronic Materials Manufacturing LLC, Honeywell Electronic Materials Thailand Co. Ltd., Honeywell Energy Services Inc., Honeywell Europe NV, Honeywell Federal Manufacturing & Technologies LLC, Honeywell Finance Ontario LP, Honeywell Fluorine Products Europe B.V., Honeywell Gas Technologies, Honeywell Holdings International Inc., Honeywell International India Private Limited, Honeywell International Sdn. Bhd., Honeywell International Sàrl, Honeywell International UK Limited, Honeywell Japan Ltd., Honeywell Limited, Honeywell Limited / Honeywell Limitée, Honeywell NV, Honeywell Performance Materials and Technologies China Co Ltd, Honeywell Safety Products USA Inc., Honeywell Specialty Chemicals Seelze GmbH, Honeywell Technology Solutions Lab Pvt. Ltd., Honeywell Trading Shanghai Co. Ltd., Honeywell UK Limited, Honeywell Vindicator Technologies, INNCOM, Intelligent Automation, Intelligrated, Intelligrated Headquarters LLC, Intelligrated Systems Inc., Intelligrated Systems LLC, InterCorr International, Intermec, Intermec Technologies S Pte Ltd, International Turbine Engine Company LLC, Invensys - Sensor Systems, KAC Alarm Company Limited, King's Safetywear, Life Safety Distribution GmbH, Matrikon, Maxon Corporation, Maxon Corporation, Metrologic Instruments, Morning Pride Manufacturing L.L.C., Movilizer, NextNine, Norcross Safety Products, Novar, Novar ED&S Limited, Novar GmbH, Novar Systems Limited, PEHA Elektro GmbH & Co. KG, POMS Corporation, Performix, Petrocom, Pittway Corporation, RAE Systems, RSI Video Technologies, Rebellion Photonics, Saia-Burgess Controls, Salisbury Electrical Safety L.L.C., Satcom1, Silent Witness Enterprises, Sine Group, Sparta Systems, Sperian Protection, Sperian Protection SAS, The Gamewell Co., The Hymatic Group, Transnorm, Transnorm System Inc., Tridium, Tridium Inc., Tristar Aerospace, UOP CH Sàrl, UOP LLC, UOP Limited, UOP Process Technology Co. Ltd., UOP Products LLC, UOP Russell LLC, UOP Russell LLC, UOP Services Limited, US Digital Designs, United Sortation Solutions LLC, Vocollect Inc., Xian System Sensor Electronics Ltd., Xtralis, and Zellweger Analytics.
Read More
This page (NASDAQ:HON) was last updated on 2/24/2024 by MarketBeat.com Staff