HoneywellHON
HON
About: Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies (37% of 2023 company revenue), industrial automation (29%), energy and sustainability solutions (17%), and building automation (17%). Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around 30% of its revenue from recurring aftermarket services.
Employees: 95,000
0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
47% more first-time investments, than exits
New positions opened: 163 | Existing positions closed: 111
22% more call options, than puts
Call options by funds: $1.11B | Put options by funds: $910M
4% more repeat investments, than reductions
Existing positions increased: 981 | Existing positions reduced: 941
1% more funds holding
Funds holding: 2,436 [Q2] → 2,452 (+16) [Q3]
2.26% less ownership
Funds ownership: 82.86% [Q2] → 80.6% (-2.26%) [Q3]
6% less capital invested
Capital invested by funds: $116B [Q2] → $109B (-$6.88B) [Q3]
19% less funds holding in top 10
Funds holding in top 10: 31 [Q2] → 25 (-6) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$231
3%
upside
Avg. target
$256
15%
upside
High target
$298
33%
upside
9 analyst ratings
4 positive
44%
5 neutral
56%
0 negative
0%
Barclays Julian Mitchell 63% 1-year accuracy 69 / 109 met price target | 16%upside $260 | Overweight Maintained | 17 Jan 2025 |
JP Morgan Stephen Tusa 73% 1-year accuracy 22 / 30 met price target | 3%upside $231 | Neutral Maintained | 15 Jan 2025 |
Citigroup Andrew Kaplowitz 65% 1-year accuracy 53 / 82 met price target | 19%upside $266 | Buy Maintained | 13 Jan 2025 |
Wells Fargo Joseph O'Dea 76% 1-year accuracy 25 / 33 met price target | 7%upside $240 | Equal-Weight Maintained | 7 Jan 2025 |
Jefferies Sheila Kahyaoglu 66% 1-year accuracy 23 / 35 met price target | 16%upside $260 | Hold Maintained | 17 Dec 2024 |
Financial journalist opinion
Based on 26 articles about HON published over the past 30 days
Positive
Zacks Investment Research
8 hours ago
Honeywell Gears Up to Report Q4 Earnings: What to Expect?
HON's fourth-quarter results are likely to benefit from strength across its businesses. Weakness in warehouse automation and high costs and expenses are expected to have been spoilsports.
Positive
Zacks Investment Research
1 day ago
Honeywell International (HON) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Beyond analysts' top -and-bottom-line estimates for Honeywell International (HON), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Negative
Zacks Investment Research
5 days ago
Earnings Preview: Honeywell International Inc. (HON) Q4 Earnings Expected to Decline
Honeywell International (HON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
6 days ago
Honeywell: Secular Growth Prospects At Discounted Valuation
Honeywell's growth is driven by strong backlogs and exposure to megatrends in aviation, automation, and energy transition, supporting a buy rating. The company's Aerospace and Building Automation segments benefit from increasing global flight hours and digitalization trends, respectively. Margin improvements are expected from operating leverage, cost-saving initiatives, and easier year-over-year comparisons.
Neutral
GlobeNewsWire
1 week ago
Analysis of the $92.27 Bn Airport and Marine Port Security Market, 2025-2034 - Tyco International, L-3 Communications, Honeywell International, HCL Infosystems, and Bosch Security Systems Lead Revenue Shares
Dublin, Jan. 28, 2025 (GLOBE NEWSWIRE) -- The "Airport and Marine Port Security Market Report 2025" report has been added to ResearchAndMarkets.com's offering. This Airport And Marine Port Security market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. The airport and marine port security market size has grown strongly in recent years. It will grow from $86.65 billion in 2024 to $92.27 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to focus on passenger experience, increased air and maritime traffic, emergence of biometric solutions, integration of it and physical security, international trade and cargo security. The airport and marine port security market size is expected to see rapid growth in the next few years. It will grow to $136.4 billion in 2029 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to resilience and emergency preparedness, smart and integrated security systems, biometric and identity verification solutions, rise in passenger and cargo volumes, increasing emphasis on cybersecurity. Major trends in the forecast period include enhanced threat detection capabilities, biometric authentication and identity verification, cybersecurity integration, use of IoT for surveillance and monitoring, adoption of smart and integrated security systems. The rising internal and external threats are driving the growth of the airport and marine port security market. For instance, in May 2024, data published by the Center for Internet Security, a U.S.-based nonprofit organization, revealed that malware-based threats surged by 30% in the first half of 2024 compared to the same period in 2023, with a remarkable 92% increase noted in May alone. Therefore, the escalation of internal and external threats is expected to enhance demand for airport and marine port security systems during the forecast period. The escalation of geopolitical tensions is expected to further propel the growth of the airport and marine port security market. Technological advancements represent a prominent trend within the airport and marine port security market. Major companies in the airport and marine port security market are integrating Vessel Traffic Management Information Systems (VTMIS) to fortify their positions within the industry. For instance, in April 2023, AD Ports Group, a UAE-based trade and logistics company, introduced VTMIS across its operations in the UAE. This system integrates various tools such as radar, CCTV, radios, and meteorological systems to provide real-time information, enhancing communication between vessels and shore. VTMIS supports critical functions like traffic management, collision avoidance, search and rescue operations, and environmental protection measures, ensuring efficient and secure maritime operations. In April 2024, Unifi Aviation, a U.S.-based aviation services company, acquired Prospect Airport Services for an undisclosed amount. This acquisition enhances Unifi Aviation's position as a leading provider of aviation services by expanding its operations to over 30 airports, including major hubs in Chicago, Illinois; Dallas, Texas; and Newark, New Jersey. Prospect Airport Services is recognized for its comprehensive range of airport services, which include ground handling, safety and customer services, passenger services, and cabin cleaning. North America was the largest region in the airport and marine port security market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport and marine port security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the airport and marine port security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
Neutral
Zacks Investment Research
1 week ago
Honeywell International Inc. (HON) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Honeywell International Inc. (HON) closed at $221.51 in the latest trading session, marking a -1.84% move from the prior day.
Neutral
Yahoo Finance
1 week ago
Honeywell CEO: It's my job to understand activist investors
Honeywell (HON) CEO Vimal Kapur sits down with Yahoo Finance Executive Editor Brian Sozzi at the 2025 World Economic Forum in Davos, Switzerland, to discuss navigating running the company as it has been in the headlines amid activist investor pressure, spinning off its chemical segment, and its business structure. "The biggest change I'm driving is how we make it a growth-oriented company, and part of that is how we transform our portfolio so that it naturally pivots toward end market products, which are growth-oriented, but also change our own capabilities on new product development innovation," Kapur tells Yahoo Finance.
Neutral
CNBC Television
1 week ago
Honeywell CEO Vimal Kapur on AI: Hearing concerns around availability of power around the world
Honeywell chairman and CEO Vimal Kapur joins 'Squawk Box' to discuss the key themes at Davos this week, state of AI development, future of Honeywell, M&A landscape in the second Trump administration, and mo re.
Positive
Seeking Alpha
2 weeks ago
Honeywell International: The Likely Breakup Will Keep Me On The Sidelines--For Now
Honeywell International is a diversified industrial conglomerate with four main segments: Aerospace, Industrial Automation, Building Automation, and Energy and Sustainability Solutions. The company boasts a market cap over $140B and has delivered a 1,000% total return over the last 20 years. The financial metrics have improved in recent years, but the dividend growth has slowed.
Negative
Zacks Investment Research
2 weeks ago
Honeywell International Inc. (HON) Advances But Underperforms Market: Key Facts
Honeywell International Inc. (HON) closed at $219.54 in the latest trading session, marking a +0.48% move from the prior day.
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