- Previous Close
202.64 - Open
203.76 - Bid 204.77 x 300
- Ask 204.92 x 300
- Day's Range
202.14 - 206.76 - 52 Week Range
174.88 - 220.79 - Volume
3,207,567 - Avg. Volume
2,762,377 - Market Cap (intraday)
133.02B - Beta (5Y Monthly) 1.03
- PE Ratio (TTM)
23.35 - EPS (TTM)
8.77 - Earnings Date Oct 24, 2024 - Oct 28, 2024
- Forward Dividend & Yield 4.32 (2.13%)
- Ex-Dividend Date Aug 16, 2024
- 1y Target Est
225.68
Honeywell International Inc. engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services. Its Honeywell Building Technologies segment provides software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; and installation, maintenance, and upgrades of systems. The company's Performance Materials and Technologies segment offers automation control, instrumentation, and software and related services; catalysts and adsorbents, equipment, and consulting; and materials to manufacture end products, such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, as well as provides materials based on hydrofluoro-olefin technology. Its Safety and Productivity Solutions segment provides personal protective equipment, apparel, gear, and footwear; gas detection technology; custom-engineered sensors, switches, and controls for sensing and productivity solution; cloud-based notification and emergency messaging; mobile devices and software; custom-engineered sensors, switches, and controls; and data and asset management productivity solutions. Honeywell International Inc. was founded in 1885 and is headquartered in Charlotte, North Carolina.
www.honeywell.comRecent News: HON
View MoreRelated Videos: HON
Performance Overview: HON
Trailing total returns as of 7/31/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: HON
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: HON
View MoreValuation Measures
Market Cap
131.66B
Enterprise Value
149.78B
Trailing P/E
23.11
Forward P/E
20.41
PEG Ratio (5yr expected)
1.89
Price/Sales (ttm)
3.58
Price/Book (mrq)
7.77
Enterprise Value/Revenue
4.01
Enterprise Value/EBITDA
15.93
Financial Highlights
Profitability and Income Statement
Profit Margin
15.49%
Return on Assets (ttm)
7.44%
Return on Equity (ttm)
32.74%
Revenue (ttm)
37.33B
Net Income Avi to Common (ttm)
5.78B
Diluted EPS (ttm)
8.77
Balance Sheet and Cash Flow
Total Cash (mrq)
9.81B
Total Debt/Equity (mrq)
165.73%
Levered Free Cash Flow (ttm)
5.08B
Research Analysis: HON
View MoreCompany Insights: HON
HON does not have Company Insights
Research Reports: HON
View MoreRaising target price
Honeywell, based in North Carolina, is a diversified technology and manufacturing company. The company's shares are a component of the Dow Jones Industrial Average and the S&P 500. Honeywell has approximately 95,000 employees.
RatingPrice TargetMonday Tee Up: Fed, Jobs, Earnings This week features more earnings from
Monday Tee Up: Fed, Jobs, Earnings This week features more earnings from corporate giants, key jobs data, and a Fed rate meeting. It doesn't get much busier than that, especially for a week in the heat of summer. But spoiler alert on the Fed: no one thinks a rate move is coming this week and odds are at zero. Last week, the markets were again volatile. The Dow Jones Industrial Average ended up 0.8%, the S&P 500 lost 0.8%, and the Nasdaq fell 2.1%. Year to date, the DJIA is higher by nearly 8%, the S&P is up 14%, and the Nasdaq is higher by 15%. On the economic calendar, the Federal Reserve rate decision comes on Wednesday and economists expect no movement. As usual, analysts will dissect what Chairman Powell says in the press conference. Odds are high for a rate cut in September, so Wall Street will be looking for verification that the Fed is leaning in that direction. On Friday, the important July jobs report is due. In June, Nonfarm Payrolls came in at 206,000. Argus sees that declining to 185,000 for July. The unemployment rate was 4.1% in June. We expect no change for July. Meanwhile, Job Openings, Consumer Confidence, and the Case-Shiller Home Price Index will be reported on Tuesday. On Wednesday, the ADP Private Employment report is due out, and on Thursday, ISM Manufacturing and Construction Spending hit the tape. On the earnings calendar, Monday brings news from McDonald's. On Tuesday, Microsoft, Advanced Micro Devices, Procter & Gamble, Pfizer, Merck, and Starbucks report; on Wednesday, Meta, Qualcomm, Boeing, Altria, and Kraft Heinz; on Thursday, Apple, Amazon, Moderna, Booking Holdings, and Coinbase; and on Friday, Chevron and Exxon Mobil. Earnings so far have been coming in 12.1% higher this quarter than a year ago, and 41% of S&P 500 companies have reported. Expectations are for earnings growth of 8%-12% for 2Q. This follows 8% growth in 1Q and 10% in 4Q23. At Argus, we expect EPS for all of 2024 to come in roughly 8%-9% better than last year. Last week featured good news on inflation and economic growth. The Personal Consumption Expenditures Index showed that inflation slowed to 2.5% in June versus 2.6% in May. Core PCE didn't budge, sticking at 2.6%. The initial reading for second-quarter GDP came in at 2.8%, a big jump from 1.4% in 1Q. Mortgage rates ticked up a hair to 6.78% for the average 30-year fixed-rate mortgage. Gas prices fell 3 cents to $3.47 per gallon for the average price of regular gas. The Atlanta Fed GDPNow indicator is forecasting for 3Q and calls for expansion of 2.8%. The Cleveland Fed CPINow indicator forecasts 3.01% for CPI in July. After this week's Fed rate decision, the next one is in mid-September -- and odds at 99% for a cut at that meeting. Of that, 88% expect a 25-basis-point (BPS) cut, while 11% expect a 50 bps cut. As the probability is so high for a rate cut at the September meeting, odds are at 68% for a second cut in November, but a higher 98% for that second cut to take place on December 18. All of this data is according to the CME FedWatch Tool.
Honeywell Earnings: Double-Digit Aerospace Growth Paves Way for Strong Quarter
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 30% of its revenue from recurring aftermarket services.
RatingPrice TargetThe Argus Min Vol Model Portfolio
Rapidly rising inflation in 2022 knocked stocks into a bear market. While growth strategies suffered the most, value strategies also declined. Even bond prices were lower that year. Stocks have recovered and a new bull market has started, but gains have been largely driven by only a handful of high-tech companies. Inflation remains an issue and the Federal Reserve has yet to lower rates. Is a recession in the offing? With all the uncertainty, what's a potential equity strategy for investors amid all the uncertainty? Argus believes that Min Vol is an all-weather strategy that is timely in any investing climate. Academic literature and, more to the point, returns history, indicate that Min Vol can deliver market-matching returns on an absolute basis and superior returns on a risk-adjusted basis over various time periods.