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Honeywell International (HON) Stock Price, News & Analysis

$198.88
+4.27 (+2.19%)
(As of 09:57 AM ET)
Compare
Today's Range
$196.05
$198.95
50-Day Range
$176.06
$198.36
52-Week Range
$174.88
$219.96
Volume
362,814 shs
Average Volume
2.77 million shs
Market Capitalization
$131.11 billion
P/E Ratio
24.64
Dividend Yield
2.17%
Price Target
$211.60

Honeywell International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
8.7% Upside
$211.60 Price Target
Short Interest
Healthy
0.95% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.57
Upright™ Environmental Score
News Sentiment
0.85mentions of Honeywell International in the last 14 days
Based on 35 Articles This Week
Insider Trading
Selling Shares
$7.86 M Sold Last Quarter
Proj. Earnings Growth
8.84%
From $9.16 to $9.97 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Multi-Sector Conglomerates Sector

9th out of 16 stocks

Aircraft Engines & Engine Parts Industry

2nd out of 2 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

Investing in quantum computing: A guide  (HON)
Investing in quantum computing may be a smart investment for your portfolio. Learn more about how to invest and some companies to consider.
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Boeing's flight to strategic brilliance (HON)
Exploring Boeing's soaring trajectory: Analyst endorsements, strategic partnerships and innovation initiatives shaping the future of aerospace.
Lithium Discovery So BIG You Can't Miss it, Even From Space
With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!
Honeywell to Buy Carrier Security Business for $5 Billion
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Ex-Dividend for 12/1 Dividend
11/09/2023
Dividend Payable
12/01/2023
Today
12/11/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/01/2024

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
$211.60
High Stock Price Target
$242.00
Low Stock Price Target
$180.00
Potential Upside/Downside
+8.7%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
$4.97 billion
Pretax Margin
18.79%

Debt

Sales & Book Value

Annual Sales
$35.47 billion
Cash Flow
$10.58 per share
Book Value
$25.92 per share

Miscellaneous

Free Float
656,284,000
Market Cap
$128.30 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 Sunday, December 10, 2023 at 8:14 PM.

Pros

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

  • Honeywell International Inc. is a diversified technology and manufacturing company with a global presence.
  • The company's Aerospace segment offers various products and services, including auxiliary power units, propulsion engines, and avionics systems, which are in high demand in the aviation industry.
  • Honeywell International Inc. has a strong portfolio of advanced materials and chemicals, which are used in various industries such as automotive, electronics, and healthcare.
  • The company provides innovative solutions for building automation, energy efficiency, and safety, which are increasingly important in the current market.
  • Honeywell International Inc. offers data and asset management productivity software solutions, which can help businesses optimize their operations and improve efficiency.

Cons

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

  • There may be potential risks associated with the company's diversified operations, as different segments may be affected differently by market conditions.
  • The global economic uncertainties and geopolitical tensions could impact the demand for Honeywell International Inc.'s products and services.
  • Competition in the technology and manufacturing industry is intense, which may put pressure on the company's market share and profitability.
  • Changes in regulations and policies, both domestically and internationally, could affect the company's operations and financial performance.
  • Investors should carefully consider the current stock price and its valuation before making investment decisions.














HON Stock Analysis - Frequently Asked Questions

Should I buy or sell Honeywell International stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Honeywell International in the last year. There are currently 1 sell rating, 5 hold ratings and 3 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?

9 Wall Street research analysts have issued 1 year price objectives for Honeywell International's shares. Their HON share price targets range from $180.00 to $242.00. On average, they predict the company's share price to reach $211.60 in the next year. This suggests a possible upside of 6.8% 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 2023?

Honeywell International's stock was trading at $214.30 on January 1st, 2023. Since then, HON shares have decreased by 7.5% and is now trading at $198.20.
View the best growth stocks for 2023 here
.

Are investors shorting Honeywell International?

Honeywell International saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 6,280,000 shares, an increase of 18.9% from the October 31st total of 5,280,000 shares. Based on an average daily trading volume, of 2,700,000 shares, the short-interest ratio is presently 2.3 days. Approximately 1.0% of the company's stock are sold short.
View Honeywell International's Short Interest
.

When is Honeywell International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 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, October, 26th. The conglomerate reported $2.27 EPS for the quarter, beating the consensus estimate of $2.23 by $0.04. The conglomerate earned $9.21 billion during the quarter, compared to the consensus estimate of $9.23 billion. Honeywell International had a trailing twelve-month return on equity of 34.63% and a net margin of 14.87%. The business's revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.25 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, September 29th. Shareholders of record on Friday, November 10th will be paid a dividend of $1.08 per share on Friday, December 1st. This represents a $4.32 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date is Thursday, November 9th. This is an increase from the stock's previous quarterly dividend of $1.03.
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 2.18%. 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 53.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HON will have a dividend payout ratio of 43.33% 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 FY23 earnings guidance on Friday, December, 1st. The company provided EPS guidance of $9.10-9.20 for the period, compared to the consensus estimate of $9.16. The company issued revenue guidance of $36.8-37.1 billion, compared to the consensus revenue estimate of $36.93 billion.

Who are Honeywell International's major shareholders?

Honeywell International's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (3.04%), Newport Trust Company LLC (2.46%), Massachusetts Financial Services Co. MA (2.32%), Morgan Stanley (2.18%), Ameriprise Financial Inc. (1.06%) and Bank of New York Mellon Corp (1.00%). Insiders that own company stock include Anne T Madden, Darius Adamczyk, George Koutsaftes, Gregory P Lewis, Honeywell International Inc, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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.
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This page (NASDAQ:HON) was last updated on 12/11/2023 by MarketBeat.com Staff

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