Honeywell Intl (NASDAQ:HON) Stock, Quote.Headers.trade-ideas

Honeywell Intl

Honeywell International

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.

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Analog Devices (NASDAQ: ADI) recently announced its strategic alliance with Tata Group to advance the semiconductor ecosystem in India and leverage its products in Tata applications like electric vehicles and network infrastructure.

ADI Partners With India&#39;s Tata Group: How Should You Play the Stock?

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Honeywell International Inc. (NASDAQ: HON) is experiencing strength in its commercial aviation aftermarket business driven by solid demand in the air transport and business aviation markets.

Honeywell Boasts Strong Prospects Despite Headwinds

Honeywell International Inc. - Common Stock

Honeywell International Inc

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<p><i>Advanced mobile assistant intended to amplify business operations and customer engagements powered by multi-modal AI workflows</i></p>
<p>CHARLOTTE, N.C., Sept. 23, 2024 /PRNewswire/ -- Honeywell&nbsp;<strong>(NASDAQ:</strong><a href="https://www.benzinga.com/stock/HON#NASDAQ"><strong>HON</strong></a><strong>)</strong> today announced that it is working to develop an artificial intelligence (AI)-enabled Multi-Modal Intelligent Agent for Honeywell mobile devices powered by Qualcomm Technologies, Inc. The agent will allow workers and customers in the distribution center and retail industries to interact naturally with their handheld devices through voice, pictures, and barcodes.</p>
<p>This AI-powered solution is built to function as a digital resource for the modern labor force and designed to enable today's stretched workforce to quickly tap into answers and outcomes, helping result in time savings, greater accuracy, and interactive results. The design and development of the Multi-Modal Intelligent Agent also supports Honeywell's alignment of its portfolio to three <a href="https://www.honeywell.com/us/en/press/2023/10/honeywell-to-realign-portfolio-to-three-powerful-megatrends-automation-future-of-aviation-and-energy-transition?utm_source=pressrelease&amp;utm_medium=pr&amp;utm_campaign=24-ess-am-ww-pr-701Hu000002MRT6IAO&amp;utm_content=prelease">compelling megatrends</a>, including automation.</p>


QCOM

Honeywell To Develop AI-Enabled Agent Powered By Qualcomm

<p>On Friday, <strong>the U.S. Department of Energy (DOE) </strong>announced over $3 billion for 25 projects in 14 states to boost domestic production of advanced batteries and materials.</p>
<p>Of the 25 <a target="_blank" href="https://www.energy.gov/articles/biden-harris-administration-announces-over-3-billion-support-americas-battery#:~:text=WASHINGTON%2C%20D.C.%20%E2%80%94%20As%20part%20of,batteries%20and%20battery%20materials%20nationwide." rel="noreferrer noopener">selected</a> projects, over half have committed to or signed a Project Labor Agreement, and 10 have agreements with labor or neutrality pledges.</p>
<p>Union partners include NABTU, Boilermakers, SMART, Carpenters, Operating Engineers, UFCW, IBEW, and the UA. These projects, once finalized, are expected to create over 8,000 construction jobs and 4,000 operating jobs.</p>
<p>This initiative supports the administration's clean energy strategy alongside a $120 billion private sector investment in the EV supply chain.</p>
<p>These projects, which are essential for the U.S. grid and transportation electrification, are expected to improve facilities for producing battery-grade materials, components, manufacturing, and recycling.</p>
<p>The DOE is leveraging grants and loans to build a resilient battery manufacturing supply chain for Americans. Through MESC, the Investing in America agenda will generate $16 billion for battery manufacturing and recycling via the Battery Materials Processing and Manufacturing Program.</p>
<p>U.S. Secretary of Energy Jennifer M. Granholm said, "We're in the midst of a manufacturing revival in the United States as the Biden-Harris Administration's Investing in America agenda continues to breathe new life into communities and local economies across the country,"</p>
<p>John Podesta, Senior Advisor to President Biden for International Climate Policy, stated,<strong>&nbsp;</strong>"Today's battery manufacturing grants from DOE will boost America's manufacturing base, create good-paying union jobs all over the country, and help tackle the climate crisis."</p>
<p>As per Reuters report, <strong>Albemarle Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>) will receive $67 million for a project in North Carolina to produce commercial quantities of anode material for next-generation lithium-ion batteries.</p>
<p>In addition, the DOE plans to award <strong>Dow Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>) $100 million to produce battery-grade carbonate solvents for lithium-ion battery electrolytes.</p>
<p>Also, <strong>Honeywell International Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) is projected to attain $126.6 million to construct a commercial-scale facility in Louisiana for producing a key electrolyte salt essential for lithium batteries.</p>
<p>This month, <strong>Occidental Petroleum's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>)&nbsp;subsidiary, 1PointFive, disclosed that the U.S. Department of Energy's Office of Clean Energy Demonstrations (OCED) planned to provide up to $500 million to support the development of the <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40850606/occidentals-1pointfive-secures-500m-boost-to-capture-co2-details" rel="noreferrer noopener">South&nbsp;Texas Direct Air Capture (DAC) Hub</a>.</p>
<p><strong>Read Next:</strong></p>
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<li><strong><a href="https://www.benzinga.com//node/40961594" target="_blank" rel="noreferrer noopener">Mullen Automotive Gears Up $210M EV Deal In Dubai – Delivers First Units To Volt Mobility</a></strong></li>
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<p><strong><em>Disclaimer:</em></strong><em> This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>
<p><em>Photo by earth phakphum via Shutterstock</em></p>


<p><strong>Analog Devices</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adi#NASDAQ">ADI</a>) recently announced its strategic alliance with Tata Group to advance the semiconductor ecosystem in India and leverage its products in Tata applications like electric vehicles and network infrastructure.</p>
<p>This collaboration is expected to be mutually beneficial and is a significant step in establishing a robust electronics manufacturing ecosystem in India for domestic and global consumption.</p>
<p>Tata Electronics, Tata Motors and Tejas Networks signed a Memorandum of Understanding with ADI to enhance strategic and business cooperation and explore opportunities for semiconductor manufacturing in India.</p>
<h2>Strategic Partnerships to Boost ADI&#39;s Prospects</h2>
<p>ADI&#39;s recent collaboration with <strong>Honeywell </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hon#NASDAQ">HON</a>) to digitize commercial spaces without replacing existing wiring, reducing costs and downtime is a noteworthy development.</p>
<p>Analog Devices announced a strategic partnership with Flagship Pioneering to speed up the development of a fully digitized biological world.&nbsp;</p>
<div class="chart_embed">
<h3>Analog Devices, Inc. Price and Consensus</h3>
<p><img alt="Analog Devices, Inc. Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/ed/1726758783.png" style="height:265px; width:620px" title="" /></p>
<p><span style="font-size:13px">Analog Devices, Inc. price-consensus-chart | Analog Devices, Inc. Quote</span></p>
<p>It teamed up with <strong>Taiwan Semiconductor</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tsm#NYSE">TSM</a>) to secure long-term wafer capacity via Japan Advanced Semiconductor Manufacturing. This partnership, while ensuring a stable chip supply and facilitating rapid scaling and increased output to meet customer needs can be a game changer for ADI.</p>
<p>ADI&#39;s partnership with SambaNova Systems to rapidly deploy their enterprise-scale generative AI platform for enabling customer success might be a plus.</p>
</div>
<h2>Analog Devices Suffers From Stiff Competition</h2>
<p>Despite having a strong partner base, macroeconomic challenges remain a concern. Geo-political tensions and recessionary fears are major negatives.</p>
<p>ADI faces stiff competition from players like <strong>Texas Instruments</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/txn#NASDAQ">TXN</a>), which is also making efforts to integrate generative AI capabilities into its products.</p>
<p>On a year-to-date basis, ADI has underperformed TXN, which gained 17.7%.</p>
<p>ADI shares have plunged 12.1% year to date against the broader Zacks Computer and Technology sector&#39;s return of 19.4%.</p>
<p>In the first half of fiscal 2024, ADI reported revenues of $4.67 billion, down 36% from the year-ago period. This underperformance can be firmly pointed toward the softness in the industrial, communications and automotive end markets.</p>
<h2>ADI&#39;s Q4 Guidance Positive</h2>
<p>For fourth-quarter fiscal 2024, ADI expects revenues of $2.40 billion (+/- $100 million), up 4% sequentially at the midpoint. The Zacks Consensus Estimate for the same is pegged at $2.41 billion, indicating a fall of 11.4% year over year.</p>
<p>ADI anticipates a non-GAAP operating margin of 41% (+/- 100 bps).</p>
<p>The company expects non-GAAP earnings to be $1.63 (+/- $0.10) per share. The consensus mark for the same is pegged at $1.63 per share, suggesting a decline of 18.9% year over year.</p>
<h2>Zacks Rank and Valuation</h2>
<p>ADI shares currently have a stretched valuation, as suggested by a Value Score of D.</p>
<p>Analog Devices stock is trading with a forward 12-month Price/Sales of 10.86X compared with the industry&#39;s 7.78X.</p>
<p>ADI currently carries a Zacks Rank #3 (Hold), implying that investors should wait for a favorable entry point.</p>
<p><a href="https://www.zacks.com/stock/news/2338731/adi-partners-with-india-s-tata-group-how-should-you-play-the-stock?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2338731">To read this article on Zacks.com click here.</a></p>


ADI Partners With India's Tata Group: How Should You Play the Stock?

ABAT

American Battery Technology Company Plans To Build Commercial-Scale Lithium-Ion Battery Recycling Facility, Processing 100,000 Tonnes Per Year In Partnership With BASF, Siemens, And Others To Support U.S. Closed-Loop Supply Chain

<p><a href="https://www.reuters.com/business/energy/us-award-3-billion-25-projects-battery-manufacturing-sector-2024-09-20/" title="https://www.reuters.com/business/energy/us-award-3-billion-25-projects-battery-manufacturing-sector-2024-09-20/">https://www.reuters.com/business/energy/us-award-3-billion-25-projects-battery-manufacturing-sector-2024-09-20/</a></p>


Contracts

EQNR

U.S. Energy Department To Award $3B To 25 Battery Manufacturing Sector Projects In 14 States

<p>Honeywell Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) has outperformed the market over the past 20 years by 1.0% on an annualized basis producing an average annual return of 9.47%. Currently, Honeywell Intl has a market capitalization of $133.52 billion. </p>
<p><strong>Buying $1000 In HON:</strong> If an investor had bought $1000 of HON stock 20 years ago, it would be worth <strong>$6,081.18</strong> today based on a price of $205.52 for HON at the time of writing.</p>
<h3>Honeywell Intl's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726585424_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,100 Today

<p>&nbsp;<i>Agreement aims to provide customers a carbon capture solution for power</i>&nbsp;<i>plants from</i><br /><br /><i>two leading energy solution providers</i></p>
<p>CHARLOTTE, N.C., Sept. 17, 2024 /PRNewswire/ -- Honeywell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) announced today a collaborative endeavor with SAMSUNG E&amp;A to jointly market solutions aimed at the hard-to-abate power plant sector globally. The initiative seeks to reduce carbon emissions and contribute to the fight against climate change. It also supports Honeywell's <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4256152-1&amp;h=1682360715&amp;u=https%3A%2F%2Fwww.honeywell.com%2Fus%2Fen%2Fpress%2F2023%2F10%2Fhoneywell-to-realign-portfolio-to-three-powerful-megatrends-automation-future-of-aviation-and-energy-transition&amp;a=alignment">alignment</a>&nbsp;of its portfolio to three powerful megatrends, including the energy transition.&nbsp;</p>


Honeywell And Samsung E&A Plan Collaboration To Help Reduce Power Plant Emissions,  Agreement Aims To Provide Customers A Carbon Capture Solution For Power Plants From Two Leading Energy Solution Providers

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Honeywell Intl</strong>.</p>
<p>Looking at options history for Honeywell Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) we detected 13 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 38% with bearish.</p>
<p>From the overall spotted trades, 9 are puts, for a total amount of $901,501 and 4, calls, for a total amount of $130,046.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $175.0 to $230.0 for Honeywell Intl over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Honeywell Intl's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Honeywell Intl's substantial trades, within a strike price spectrum from $175.0 to $230.0 over the preceding 30 days.</p>
<h3>Honeywell Intl Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726069557_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>HON</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$3.2</td>
<td>$2.95</td>
<td>$3.2</td>
<td>$195.00</td>
<td>$312.7K</td>
<td style="text-align: right;">316</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>HON</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$6.9</td>
<td>$6.8</td>
<td>$6.8</td>
<td>$195.00</td>
<td>$126.4K</td>
<td style="text-align: right;">602</td>
<td style="text-align: right;">562</td>
</tr>
<tr>
<td>HON</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$5.2</td>
<td>$5.1</td>
<td>$5.2</td>
<td>$190.00</td>
<td>$82.1K</td>
<td style="text-align: right;">621</td>
<td style="text-align: right;">173</td>
</tr>
<tr>
<td>HON</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$34.5</td>
<td>$32.3</td>
<td>$32.8</td>
<td>$230.00</td>
<td>$78.7K</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">25</td>
</tr>
<tr>
<td>HON</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$12.8</td>
<td>$12.1</td>
<td>$12.45</td>
<td>$210.00</td>
<td>$69.8K</td>
<td style="text-align: right;">417</td>
<td style="text-align: right;">135</td>
</tr>
</tbody>
</table>
</p>
<h3>About Honeywell Intl</h3>
<p>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.</p>
<p>After a thorough review of the options trading surrounding Honeywell Intl, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Present Market Standing of Honeywell Intl</h3>
<ul>
<li>Currently trading with a volume of 633,074, the HON's price is down by -0.27%, now at $200.41. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 43 days.</li>
</ul>
<h3>What Analysts Are Saying About Honeywell Intl</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $210.0.</p>
<ul>
<li>An analyst from Morgan Stanley downgraded its action to Equal-Weight with a price target of $210. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Honeywell Intl, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Check Out What Whales Are Doing With HON

<p>- Morgan Stanley's 12th Annual Laguna Conference</p>


European Aeronautic Defence And Space Unsponsored

EADSY

Honeywell CEO Says Demand Of Airbus, Boeing Will Not Determine Our Growth Rate Next Year, It Will Be Our Ability To Supply Them

<p>Throughout the last three months, 5 analysts have evaluated Honeywell Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>), offering a diverse set of opinions from bullish to bearish.</p>
<p>In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $214.8, along with a high estimate of $220.00 and a low estimate of $210.00. Witnessing a positive shift, the current average has risen by 5.04% from the previous average price target of $204.50.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725631263_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>A comprehensive examination of how financial experts perceive Honeywell Intl is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Chris Snyder</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$210.00</td>
<td>-</td>
</tr>
<tr>
<td>Deane Dray</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$214.00</td>
<td>$218.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$215.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$220.00</td>
<td>$205.00</td>
</tr>
<tr>
<td>Damian Karas</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$215.00</td>
<td>$175.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Honeywell Intl. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Honeywell Intl compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Honeywell Intl's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/HON/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Honeywell Intl analyst ratings.</strong></a></p>
<h2>Get to Know Honeywell Intl Better</h2>
<p>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.</p>
<h3>Honeywell Intl's Economic Impact: An Analysis</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.</p>
<p><strong>Revenue Growth:</strong> Honeywell Intl displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately <strong>4.71%</strong>. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.</p>
<p><strong>Net Margin:</strong> Honeywell Intl's net margin is impressive, surpassing industry averages. With a net margin of <strong>16.12%,</strong> the company demonstrates strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Honeywell Intl's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>9.25%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Honeywell Intl's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of <strong>2.29%,</strong> the company showcases efficient use of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Honeywell Intl's debt-to-equity ratio is below the industry average at <strong>1.65</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


The Analyst Landscape: 5 Takes On Honeywell Intl

<p>Morgan Stanley  analyst Chris Snyder   initiates coverage on Honeywell Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) with a Equal-Weight rating and announces Price Target of $210.</p>


Price Target

Initiation

Morgan Stanley Initiates Coverage On Honeywell Intl with Equal-Weight Rating, Announces Price Target of $210

<p>Until the transition is complete, Stepniak will serve as Vice President, Corporate Finance.&nbsp;Upon completion of the transition, Lewis, who has been Honeywell&#39;s CFO since 2018 and served the company for nearly two decades, will become Senior Vice President of Honeywell Accelerator and serve as a Senior Advisor to Chairman and CEO&nbsp;Vimal Kapur.</p>


Management

Honeywell Names Mike Stepniak To Succeed Greg Lewis As Senior Vice President And CFO Following Its Announcement Of Its Q4 Financial Results

<p>Honeywell Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) has outperformed the market over the past 20 years by 1.01% on an annualized basis producing an average annual return of 9.33%. Currently, Honeywell Intl has a market capitalization of $134.19 billion. </p>
<p><strong>Buying $1000 In HON:</strong> If an investor had bought $1000 of HON stock 20 years ago, it would be worth <strong>$5,976.65</strong> today based on a price of $206.55 for HON at the time of writing.</p>
<h3>Honeywell Intl's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725372113_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much You Would Have Made Owning Honeywell Intl Stock In The Last 20 Years

<p><strong>Honeywell International Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hon#NASDAQ">HON</a>) is experiencing strength in its commercial aviation aftermarket business driven by solid demand in the air transport and business aviation markets. Also, strength in the company&#39;s commercial aviation original equipment business, backed by an improvement in build rates and an increase in air transport hours, has been favorable.</p>
<p>In the quarters ahead, it expects the Aerospace segment to benefit from strong demand in commercial aviation, growth in air transport flight hours and higher chipset deliveries. Strength in its defense and space business, owing to stable U.S. and international defense spending volumes and sustained demand from the current geopolitical climate, is also likely to be beneficial.</p>
<p>Solid demand for its products and solutions, led by increasing building projects, will likely be beneficial for the Building Automation segment. Strength in the advanced materials business, driven by higher demand for fluorine products, bodes well for the Energy and Sustainability Solutions segment.</p>
<p>The company has been strengthening its business through acquisitions. Acquisitions had a positive impact of 1% on sales growth in the second quarter. In July 2024, it inked a deal to acquire Air Products&#39; liquefied natural gas process technology and equipment business for $1.81 billion in cash. Subject to regulatory approvals and customary closing conditions, the acquisition is expected to close before the end of 2024.</p>
<p>In June 2024, Honeywell inked a deal to acquire CAES Systems Holdings LLC from private equity firm Advent. The transaction will augment its defense technology offerings across various domains, including land, sea, air and space. Subject to regulatory approvals and customary closing conditions, the acquisition is expected to close by the second half of 2024. In the same month, Honeywell acquired Carrier&#39;s Global Access Solutions business for an all-cash deal of $4.95 billion. The inclusion of Global Access Solutions&#39; expertise in advanced access and security solutions, coupled with its impressive growth and margin profile, will enable Honeywell to expand its security products portfolio and boost its building automation segment.</p>
<p>The company inked a deal to purchase Civitanavi Systems S.p.A. for about &euro;200 million ($217 million) to boost its portfolio of aerospace navigation solutions in March 2024. With the buyout, Honeywell expects to strengthen its foothold in the European Union. Management expects the transaction to be completed in third-quarter 2024, subject to the fulfillment of certain customary closing conditions.</p>
<p>In August 2023, the company acquired SCADAfence, a provider of operational technology (OT) and Internet of Things cybersecurity solutions. The acquisition will expand Honeywell&#39;s OT cybersecurity portfolio in Tel Aviv, Israel, while simultaneously fortifying its existing capabilities in cybersecurity, thus offering customers enhanced security, reliability and efficiency. SCADAfence has been integrated into the Honeywell Forge Cybersecurity+ suite within Honeywell Connected Enterprise.</p>
<p>Honeywell remains committed to rewarding its shareholders handsomely through dividend payments and share buybacks. In September 2023, HON hiked its quarterly dividend by approximately 5% to $1.08 per share (annually&nbsp;$4.32). This marks its 14th consecutive dividend hike since 2010. In the first six months of 2024, it paid out dividends of $1.4 billion and repurchased shares worth $1.2 billion. Strong free cash flow generation supports the company&#39;s shareholder-friendly activities. Honeywell expects free cash flow to be in the range of $5.5-$5.9 billion for 2024.</p>
<p>In the past year, this Zacks Rank #3 (Hold) company&#39;s shares gained 8.1% compared with the industry&#39;s 17.6% growth.</p>
<p><img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c5/74934.jpg?v=101758204" /></p>
<p>Image Source: Zacks Investment Research</p>
<p>However, Honeywell has been witnessing weakness in the Industrial Automation segment. Weakness in the warehouse and workflow solutions businesses, due to lower demand for projects, has been affecting the segment&#39;s performance. Also, the weakened demand for personal protective equipment within the sensing and safety technologies business is worrisome. Continued softness in the warehouse automation business, owing to lower investments in the market, remains a concern for the segment.</p>
<p>Honeywell&#39;s long-term debt in the last five years (2019-2023) witnessed a CAGR of 8.3%. At the end of the second quarter, the company&#39;s long-term debt was $20.9 billion, higher than $16.6 billion at 2023-end. The increase in its debt level was primarily attributable to the funds raised for the Global Access Solutions acquisition. Considering its high debt level, its cash and cash equivalents of $9.6 billion do not look impressive.</p>
<p>Honeywell stock looks more leveraged than the industry. Its debt/capital ratio is currently 0.61, higher than 0.32 of the industry.&nbsp; Also, interest expenses and other financial charges in the second quarter remained high at $250 million. Exiting the second quarter, its long-term debt and current maturities totaled $23.4 billion. High debt levels can increase its financial obligations and prove detrimental to profitability in the quarters ahead.</p>
<h3>Stocks to Consider</h3>
<p>Some better-ranked companies are discussed below.</p>
<p><strong>3M Company</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mmm#NYSE">MMM</a>) currently carries a Zacks Rank #2 (Buy).</p>
<p>MMM delivered a trailing four-quarter average earnings surprise of 12.6%. In the past 60 days, the Zacks Consensus Estimate for 3M&#39;s 2024 earnings has increased 1.6%.</p>
<p><strong>Federal Signal Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fss#NYSE">FSS</a>) presently carries a Zacks Rank of 2. The company delivered a trailing four-quarter average earnings surprise of 12.3%.</p>
<p>In the past 60 days, the consensus estimate for FSS&#39;s 2024 earnings has increased 5.2%.</p>
<p><strong>Unisys Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uis#NYSE">UIS</a>) currently sports a Zacks Rank of 1. UIS delivered a trailing four-quarter average earnings surprise of 87.7%.</p>
<p>In the past 60 days, the Zacks Consensus Estimate for Unisys&#39; 2024 earnings has increased more than 100%.</p>
<p><a href="https://www.zacks.com/stock/news/2325262/honeywell-hon-boasts-strong-prospects-despite-headwinds?cid=CS-BENZ-FT-analyst_blog|zer_report_update-2325262">To read this article on Zacks.com click here.</a></p>


<p>Investors with significant funds have taken a bearish position in Honeywell Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>), a development that retail traders should be aware of.</p>
<p>This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in HON usually indicates foreknowledge of upcoming events.</p>
<p>Today, Benzinga's options scanner identified 10 options transactions for Honeywell Intl. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 20% being bullish and 40% bearish. Of all the options we discovered, 9 are puts, valued at $439,572, and there was a single call, worth $43,385.</p>
<h3>Projected Price Targets</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $180.0 and $215.0 for Honeywell Intl, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Honeywell Intl stands at 137.5, with a total volume reaching 899.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Honeywell Intl, situated within the strike price corridor from $180.0 to $215.0, throughout the last 30 days.</p>
<h3>Honeywell Intl Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724340808_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>HON</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$11.1</td>
<td>$10.8</td>
<td>$10.8</td>
<td>$210.00</td>
<td>$59.4K</td>
<td style="text-align: right;">51</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>HON</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$13.3</td>
<td>$13.0</td>
<td>$13.15</td>
<td>$210.00</td>
<td>$58.7K</td>
<td style="text-align: right;">326</td>
<td style="text-align: right;">124</td>
</tr>
<tr>
<td>HON</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$12.9</td>
<td>$12.7</td>
<td>$12.9</td>
<td>$210.00</td>
<td>$51.5K</td>
<td style="text-align: right;">326</td>
<td style="text-align: right;">79</td>
</tr>
<tr>
<td>HON</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$10.7</td>
<td>$10.4</td>
<td>$10.58</td>
<td>$210.00</td>
<td>$50.7K</td>
<td style="text-align: right;">51</td>
<td style="text-align: right;">95</td>
</tr>
<tr>
<td>HON</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$12.9</td>
<td>$12.6</td>
<td>$12.81</td>
<td>$210.00</td>
<td>$49.8K</td>
<td style="text-align: right;">326</td>
<td style="text-align: right;">39</td>
</tr>
</tbody>
</table>
</p>
<h3>About Honeywell Intl</h3>
<p>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.</p>
<p>After a thorough review of the options trading surrounding Honeywell Intl, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is Honeywell Intl Standing Right Now?</h3>
<ul>
<li>With a volume of 305,934, the price of HON is down -0.7% at $200.0. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 63 days.</li>
</ul>
<h3>Professional Analyst Ratings for Honeywell Intl</h3>
<p>Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $214.5.</p>
<ul>
<li>An analyst from Wells Fargo has decided to maintain their Equal-Weight rating on Honeywell Intl, which currently sits at a price target of $215. </li>
<li>An analyst from RBC Capital has decided to maintain their Sector Perform rating on Honeywell Intl, which currently sits at a price target of $214. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Honeywell Intl options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Smart Money Is Betting Big In HON Options

<p><strong>Honeywell Intl's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HON#NYSE">HON</a>) short percent of float has fallen 17.43% since its last report. The company recently reported that it has <strong>5.81 million shares sold short</strong>, which is 0.9% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 1.7 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Honeywell Intl Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1723476615_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Honeywell Intl has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing Honeywell Intl's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Honeywell Intl's peer group average for short interest as a percentage of float is 2.72%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

Looking Into Honeywell Intl's Recent Short Interest

<p>Financial giants have made a conspicuous bullish move on Honeywell Intl. Our analysis of options history for Honeywell Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) revealed 10 unusual trades.</p>
<p>Delving into the details, we found 50% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $90,201, and 8 were calls, valued at $424,416.</p>
<h3>Projected Price Targets</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $180.0 to $210.0 for Honeywell Intl over the recent three months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Honeywell Intl's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Honeywell Intl's substantial trades, within a strike price spectrum from $180.0 to $210.0 over the preceding 30 days.</p>
<h3>Honeywell Intl 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722971752_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>HON</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$5.7</td>
<td>$5.6</td>
<td>$5.6</td>
<td>$200.00</td>
<td>$168.9K</td>
<td>1.6K</td>
<td style="text-align: right;">319</td>
</tr>
<tr>
<td>HON</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$7.4</td>
<td>$7.1</td>
<td>$7.4</td>
<td>$210.00</td>
<td>$63.6K</td>
<td>460</td>
<td style="text-align: right;">144</td>
</tr>
<tr>
<td>HON</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/09/24</td>
<td>$2.5</td>
<td>$2.45</td>
<td>$2.45</td>
<td>$200.00</td>
<td>$57.2K</td>
<td>743</td>
<td style="text-align: right;">219</td>
</tr>
<tr>
<td>HON</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$5.8</td>
<td>$5.6</td>
<td>$5.6</td>
<td>$200.00</td>
<td>$48.7K</td>
<td>1.6K</td>
<td style="text-align: right;">501</td>
</tr>
<tr>
<td>HON</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$3.2</td>
<td>$2.95</td>
<td>$3.1</td>
<td>$200.00</td>
<td>$38.7K</td>
<td>954</td>
<td style="text-align: right;">145</td>
</tr>
</tbody>
</table>
</p>
<h3>About Honeywell Intl</h3>
<p>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.</p>
<p>After a thorough review of the options trading surrounding Honeywell Intl, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is Honeywell Intl Standing Right Now?</h3>
<ul>
<li>With a volume of 1,931,931, the price of HON is up 0.65% at $201.0. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 79 days.</li>
</ul>
<h3>Professional Analyst Ratings for Honeywell Intl</h3>
<p>A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $216.33333333333334.</p>
<ul>
<li>Consistent in their evaluation, an analyst from RBC Capital keeps a Sector Perform rating on Honeywell Intl with a target price of $214. </li>
<li>An analyst from Wells Fargo persists with their Equal-Weight rating on Honeywell Intl, maintaining a target price of $215. </li>
<li>Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Honeywell Intl, targeting a price of $220. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Honeywell Intl with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Behind the Scenes of Honeywell Intl's Latest Options Trends

<p>Honeywell Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) has outperformed the market over the past 20 years by 1.11% on an annualized basis producing an average annual return of 9.38%. Currently, Honeywell Intl has a market capitalization of $132.23 billion. </p>
<p><strong>Buying $100 In HON:</strong> If an investor had bought $100 of HON stock 20 years ago, it would be worth <strong>$616.30</strong> today based on a price of $203.06 for HON at the time of writing.</p>
<h3>Honeywell Intl's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722625486_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


$100 Invested In This Stock 20 Years Ago Would Be Worth $600 Today

<p>Honeywell Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) has outperformed the market over the past 20 years by 1.01% on an annualized basis producing an average annual return of 9.51%. Currently, Honeywell Intl has a market capitalization of $131.71 billion. </p>
<p><strong>Buying $100 In HON:</strong> If an investor had bought $100 of HON stock 20 years ago, it would be worth <strong>$595.33</strong> today based on a price of $202.73 for HON at the time of writing.</p>
<h3>Honeywell Intl's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722348137_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


If You Invested $100 In This Stock 20 Years Ago, You Would Have $600 Today

<p><a href="https://www.bloomberg.com/news/articles/2024-07-26/honeywell-said-to-weigh-quantinuum-ipo-at-10-billion-valuation?srnd=phx-markets">https://www.bloomberg.com/news/articles/2024-07-26/honeywell-said-to-weigh-quantinuum-ipo-at-10-billion-valuation?srnd=phx-markets</a></p>
<p><a href="https://www.bloomberg.com/quote/HON:US">Honeywell International Inc.</a> is considering an initial public offering of its majority-owned quantum computing firm Quantinuum as soon as next year, according to people with knowledge of the matter.</p>
<p>The firm has held discussions with several investment banks about a potential listing in the US and could seek a valuation of about $10 billion for Quantinuum, said the people, who asked not to be identified as the information is private.</p>


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"Honeywell Weighs Quantinuum IPO At $10B Valuation; The Firm Has Held Early Talks With Banks On Potential IPO; A Listing In The US Could Take Place As Soon As Next Year" - Bloomberg News

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Honeywell Intl (HON) Forecast

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