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NASDAQ:HON

Honeywell International (HON) Stock Price, News & Analysis

$214.16
-0.95 (-0.44%)
(As of 10:04 AM ET)
Today's Range
$213.55
$215.38
50-Day Range
$195.00
$215.89
52-Week Range
$174.88
$218.36
Volume
111,605 shs
Average Volume
2.85 million shs
Market Capitalization
$139.46 billion
P/E Ratio
24.82
Dividend Yield
2.02%
Price Target
$225.63

Honeywell International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
4.9% Upside
$225.63 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.57
Upright™ Environmental Score
News Sentiment
0.96mentions of Honeywell International in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$10.68 M Sold Last Quarter
Proj. Earnings Growth
9.71%
From $10.20 to $11.19 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.

3.47 out of 5 stars

Multi-Sector Conglomerates Sector

10th out of 20 stocks

Aircraft Engines & Engine Parts Industry

3rd 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

3 Stocks Set for Explosive Growth for the Rest of 2024
Honeywell International (NASDAQ:HON) PT Raised to $220.00
You missed the class - here’s your second chance
It’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore… Most folks think that the ONLY way to generate extra income is by picking up a second job at Costco… Or working overtime hours and late weekend nights. But with what I’m about to share…
Honeywell: On An Acquisition Spree
You missed the class - here’s your second chance
It’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore… Most folks think that the ONLY way to generate extra income is by picking up a second job at Costco… Or working overtime hours and late weekend nights. But with what I’m about to share…
3 Quantum Computing Stocks to Buy Now: June 2024
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 6/7 Dividend
5/16/2024
Dividend Payable
6/07/2024
Today
7/15/2024
Next Earnings (Confirmed)
7/25/2024
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
95,000
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$225.63
High Stock Price Target
$244.00
Low Stock Price Target
$215.00
Potential Upside/Downside
+4.9%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$5.66 billion
Pretax Margin
19.64%

Debt

Sales & Book Value

Annual Sales
$36.66 billion
Cash Flow
$11.19 per share
Book Value
$25.20 per share

Miscellaneous

Free Float
648,516,000
Market Cap
$140.08 billion
Optionable
Optionable
Beta
1.04

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

Pros

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

  • Honeywell International Inc. has a market capitalization of $138.62 billion, indicating its significant size and stability in the market.
  • Recent insider transactions show confidence in the company's performance, with directors and CFOs buying and selling shares at strategic price points.
  • Positive analyst ratings and target price increases suggest a favorable outlook for the company's stock performance.
  • Honeywell's diverse business segments in aerospace technologies, building automation, energy solutions, and industrial automation provide a well-rounded investment opportunity.
  • The stock price of Honeywell International Inc. has shown consistent growth, reaching $212.87 on the latest trading day, indicating a positive trend.

Cons

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

  • While the company has a strong market capitalization, its debt-to-equity ratio of 1.30 may raise concerns about its financial leverage.
  • Investors should be cautious about potential market volatility affecting Honeywell's stock price, given the company's exposure to various industries.
  • Despite positive analyst ratings, the stock's P/E ratio of 24.67 and P/E/G ratio of 2.22 may indicate a slightly overvalued position.
  • Competition in the aerospace and industrial sectors could impact Honeywell's market share and profitability in the long term.
  • While insider transactions can be positive indicators, they can also signal uncertainty or strategic shifts within the company, requiring careful monitoring.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Honeywell International pros and cons to contact@marketbeat.com.

HON Stock Analysis - Frequently Asked Questions

How have HON shares performed this year?

Honeywell International's stock was trading at $209.71 at the beginning of the year. Since then, HON shares have increased by 2.6% and is now trading at $215.15.
View the best growth stocks for 2024 here
.

How were Honeywell International's earnings last quarter?

Honeywell International Inc. (NASDAQ:HON) issued its quarterly earnings results on Thursday, April, 25th. The conglomerate reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.08. The business's quarterly revenue was up 2.7% on a year-over-year basis.
Read the conference call transcript
.

Does Honeywell International have any subsidiaries?

The following companies are subsidiaries of Honeywell International: US Digital Designs, Performix, Sparta Systems, Sine Group, Ballard Unmanned Systems, Rebellion Photonics, Transnorm, and others.

Who are Honeywell International's major shareholders?

Top institutional investors of Honeywell International include Country Trust Bank (0.04%), Gateway Investment Advisers LLC (0.04%), Manning & Napier Advisors LLC (0.03%) and Douglas Lane & Associates LLC (0.03%). Insiders that own company stock include Darius Adamczyk, Gregory P Lewis, Vimal Kapur, George Koutsaftes, Que Dallara and Que Dallara.
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.

This page (NASDAQ:HON) was last updated on 7/15/2024 by MarketBeat.com Staff

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