HoneywellHON
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: 102,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
214% more first-time investments, than exits
New positions opened: 349 | Existing positions closed: 111
110% more call options, than puts
Call options by funds: $3.58B | Put options by funds: $1.71B
56% more funds holding in top 10
Funds holding in top 10: 25 [Q3] → 39 (+14) [Q4]
12% more capital invested
Capital invested by funds: $109B [Q3] → $122B (+$12.6B) [Q4]
7% more funds holding
Funds holding: 2,463 [Q3] → 2,647 (+184) [Q4]
1% more repeat investments, than reductions
Existing positions increased: 976 | Existing positions reduced: 965
0.88% more ownership
Funds ownership: 80.65% [Q3] → 81.54% (+0.88%) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Morgan Stanley Chris Snyder 39% 1-year accuracy 7 / 18 met price target | 5%upside $217 | Equal-Weight Maintained | 11 Feb 2025 |
Barclays Julian Mitchell 38% 1-year accuracy 45 / 120 met price target | 21%upside $251 | Overweight Maintained | 10 Feb 2025 |
RBC Capital Deane Dray 35% 1-year accuracy 19 / 55 met price target | 14%upside $236 | Sector Perform Maintained | 7 Feb 2025 |
Wells Fargo Joseph O'Dea 36% 1-year accuracy 13 / 36 met price target | 6%upside $220 | Equal-Weight Maintained | 7 Feb 2025 |
Deutsche Bank Nicole Deblase 50% 1-year accuracy 5 / 10 met price target | 26%upside $260 | Buy Upgraded | 7 Feb 2025 |
Financial journalist opinion
Based on 28 articles about HON published over the past 30 days









