Free Trial
NASDAQ:HON

Honeywell International (HON) Stock Price, News & Analysis

Honeywell International logo
$205.68
+1.48 (+0.72%)
(As of 10/31/2024 ET)

About Honeywell International Stock (NASDAQ:HON)

Key Stats

Today's Range
$203.39
$206.15
50-Day Range
$198.13
$222.35
52-Week Range
$179.18
$222.98
Volume
4.65 million shs
Average Volume
2.96 million shs
Market Capitalization
$133.74 billion
P/E Ratio
23.45
Dividend Yield
2.20%
Price Target
$223.73
Consensus Rating
Hold

Company Overview

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.

Honeywell International Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

HON MarketRank™: 

Honeywell International scored higher than 86% of companies evaluated by MarketBeat, and ranked 6th out of 27 stocks in the multi-sector conglomerates sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Honeywell International has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on 3 buy ratings, 10 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Honeywell International has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Honeywell International's stock forecast and price target.
  • Earnings Growth

    Earnings for Honeywell International are expected to grow by 10.40% in the coming year, from $10.10 to $11.15 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Honeywell International is 23.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Honeywell International is 23.45, which means that it is trading at a more expensive P/E ratio than the Multi-Sector Conglomerates sector average P/E ratio of about 8.84.

  • Price to Earnings Growth Ratio

    Honeywell International has a PEG Ratio of 2.45. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Honeywell International has a P/B Ratio of 8.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Honeywell International's valuation and earnings.
  • Percentage of Shares Shorted

    1.23% of the float of Honeywell International has been sold short.
  • Short Interest Ratio / Days to Cover

    Honeywell International has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Honeywell International has recently increased by 20.39%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Honeywell International pays a meaningful dividend of 2.10%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Honeywell International has been increasing its dividend for 14 years.

  • Dividend Coverage

    The dividend payout ratio of Honeywell International is 52.19%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Honeywell International will have a dividend payout ratio of 40.54% next year. This indicates that Honeywell International will be able to sustain or increase its dividend.

  • Read more about Honeywell International's dividend.
  • Percentage of Shares Shorted

    1.23% of the float of Honeywell International has been sold short.
  • Short Interest Ratio / Days to Cover

    Honeywell International has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Honeywell International has recently increased by 20.39%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Honeywell International has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Multi-Sector Conglomerates companies.
  • News Coverage This Week

    MarketBeat has tracked 46 news articles for Honeywell International this week, compared to 18 articles on an average week.
  • Search Interest

    65 people have searched for HON on MarketBeat in the last 30 days. This is an increase of 103% compared to the previous 30 days.
  • MarketBeat Follows

    36 people have added Honeywell International to their MarketBeat watchlist in the last 30 days. This is an increase of 260% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Honeywell International insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.41% of the stock of Honeywell International is held by insiders.

  • Percentage Held by Institutions

    75.91% of the stock of Honeywell International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Honeywell International's insider trading history.
Receive HON Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Honeywell International and its competitors with MarketBeat's FREE daily newsletter.

HON Stock News Headlines

Dividend Increases You Can't Miss: 10 Big-Name Stocks
Dividend Increases You Can't Miss: 10 Big-Name Stocks (HON)
Check out this list of 10 U.S. companies that recently increased their dividends, providing more income to their shareholders.
The real reason Elon is fully endorsing Trump
Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump.
Morgan Stanley Keeps Their Hold Rating on Honeywell International (HON)
Honeywell Stock: Plenty Of Bullish Tailwinds Into 2025
See More Headlines

HON Stock Analysis - Frequently Asked Questions

Honeywell International's stock was trading at $209.71 at the beginning of the year. Since then, HON stock has decreased by 1.9% and is now trading at $205.68.
View the best growth stocks for 2024 here
.

Honeywell International Inc. (NASDAQ:HON) released its quarterly earnings results on Thursday, July, 25th. The conglomerate reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.07. The firm's revenue for the quarter was up 4.7% compared to the same quarter last year.
Read the conference call transcript
.

Honeywell International subsidiaries include US Digital Designs, Performix, Sparta Systems, Sine Group, Ballard Unmanned Systems, Rebellion Photonics, Transnorm, and more.

Honeywell International's top institutional shareholders include National Pension Service (0.18%), Van ECK Associates Corp (0.17%), Raymond James & Associates (0.17%) and International Assets Investment Management LLC (0.15%). Insiders that own company stock include Darius Adamczyk, Gregory P Lewis, Vimal Kapur and George Koutsaftes.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Honeywell International investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
7/25/2024
Ex-Dividend for 9/6 Dividend
8/16/2024
Dividend Payable
9/06/2024
Today
10/31/2024
Ex-Dividend for 12/6 Dividend
11/15/2024
Dividend Payable
12/06/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/06/2025

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
$223.73
High Stock Price Target
$244.00
Low Stock Price Target
$210.00
Potential Upside/Downside
+9.3%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
$5.66 billion
Pretax Margin
19.60%

Debt

Sales & Book Value

Annual Sales
$37.85 billion
Cash Flow
$10.72 per share
Book Value
$25.20 per share

Miscellaneous

Free Float
647,007,000
Market Cap
$133.30 billion
Optionable
Optionable
Beta
1.03

Social Links

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

This page (NASDAQ:HON) was last updated on 10/31/2024 by MarketBeat.com Staff
From Our Partners