HON Stock Price and Chart NASDAQ:HON

The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

To see all exchange delays and terms of use please see Barchart’s disclaimer. Honeywell International’s stock is owned by many different institutional and retail investors. Ltd Zurich (254.03%), BlackRock Inc. (6.49%), State Street Corp (4.67%), Geode Capital Management LLC (1.94%), Franklin Resources Inc. (1.11%) and Bank of New York Mellon Corp (1.07%). Insiders that own company stock include Anne T Madden, D Scott Davis, Darius Adamczyk, George Koutsaftes, Gregory P Lewis, Honeywell International Inc, Que Dallara, Que Dallara, Rajeev Gautam and Vimal Kapur.

Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Honeywell is one of the strongest multi-industry firms in operation today. We think the firm has successfully pivoted to capture multiple ESG trends, including the need to drive energy efficiency, reduce emissions, and e-commerce, among others. In the safety and productivity solutions segment, Honeywell can capitalize on the increasing focus on workplace safety, operational efficiency, and data-driven decision-making. Honeywell can benefit from the growing adoption of intelligent building solutions and sustainable practices within the building technologies segment.

• According to 15 analysts, the average rating for HON stock is “Buy.” The 12-month stock price forecast is $211.47, which is an increase of 9.55% from the latest price.
• Intense competition within the industries in which Honeywell operates poses a risk to its market share and pricing power.
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• Ltd Zurich (254.03%), BlackRock Inc. (6.49%), State Street Corp (4.67%), Geode Capital Management LLC (1.94%), Franklin Resources Inc. (1.11%) and Bank of New York Mellon Corp (1.07%).
• The monthly returns are then compounded to arrive at the annual return.

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. 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.

The company’s energy management systems, controls, and software applications are well-positioned to meet the demand for efficient and environmentally friendly buildings. These offerings enhance workplace safety, productivity, and operational efficiency for customers. 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. 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.

About Honeywell International (NASDAQ:HON) Stock

The consensus among Wall Street analysts is that investors should “hold” HON shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HON, but not buy additional shares or sell existing shares. Intense competition within the industries in which Honeywell operates poses a risk to its market share and pricing power.

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. 12 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Honeywell International in the last year. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock.

A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. With higher inflation and the Fed raising interest rates, among other factors, HON stock has seen a fall of 14% this year. See how low Honeywell stock can go by comparing its decline in previous market crashes. Here is a performance summary of all stocks in previous market crashes. While HON and AMGN may offer little returns in the next three years, it is helpful to see how Honeywell’s Peers fare on metrics that matter.

Honeywell Q2 sales up 2.2% to $9.15 bln, just below the FactSet consensus $9.18 bln

Kapur’s extensive industry knowledge and leadership skills contribute to Honeywell’s growth and success. Honeywell’s advanced materials are utilized in producing bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, among other applications. Right now, 3M is sporting a Zacks Rank of #2 (Buy), while Honeywell International Inc. has a Zacks Rank of #3 (Hold). This means that MMM’s earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook.

Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of HON’s
competitive advantage. Furthermore, the Covid-19 crisis has created many pricing discontinuities https://1investing.in/ which can offer attractive trading opportunities. For example, you’ll be surprised at how counter-intuitive the stock valuation is for Honeywell vs. Amkor. Upgrade to MarketBeat All Access to add more stocks to your watchlist.

Latest On Honeywell International Inc

Style is calculated by combining value and growth scores, which are first individually calculated. Honeywell International issued an update on its FY 2023 earnings guidance on Saturday, August, 5th. The company provided earnings per share (EPS) guidance of $9.60-$9.80 for the period, compared to the consensus estimate of $9.17.

Investors interested in stocks from the Diversified Operations sector have probably already heard of 3M (MMM Quick QuoteMMM – Free Report) and Honeywell International Inc. (HON Quick QuoteHON – Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? A quarterly cash dividend of $1.03 per share of Class A Common Stock.

Zacks’ 7 BestStrong Buy Stocks for October, 2023

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. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

Identifying and managing these risks is crucial for sustained success in a dynamic business environment. 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. Honeywell Intl’s Q3 earnings are confirmed for Thursday, October 26, 2023. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

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. Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. These two companies have both continually raised guidance over the last few years but their share price performance has differed dramatically.

Nearly 6 in 10 retailers plan to adopt AI, machine learning and computer vision technologies within the next year CHARLOTTE, N.C. Company becomes the first to integrate quantum-computing-hardened encryption keys into smart meters for gas, water and electric utilities Quantinuum’s advanced technology provides heightened protectio… The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

• Fluctuations in commodity prices, supply chain disruptions, and currency exchange rates may impact the company’s profitability and cost structure.
• This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
• You will find other valuable comparisons for companies across industries at Peer Comparisons.
• A hold rating indicates that analysts believe investors should maintain any existing positions they have in HON, but not buy additional shares or sell existing shares.

The company issued revenue guidance of $36.70 billion-$37.30 billion, compared to the consensus revenue estimate of $37.01 billion. 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.

These solutions are designed to enhance aircraft performance, safety, and efficiency. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

Trading & brokers

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are bilateral trade meaning a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. HON’s beta can be found in Trading Information at the top of this page.

Compare
HON’s historical performance
against its industry peers and the overall market. Interestingly, HON and AMGN have had a Sharpe Ratio of 0.3 since early 2017, lower than 0.6 for the S&P 500 Index over the same period. This compares with the Sharpe of 1.3 for the Trefis Reinforced Value portfolio. Sharpe is a measure of return per unit of risk, and high-performance portfolios can provide the best of both worlds. One share of HON stock can currently be purchased for approximately $193.04. Honeywell faces potential risks and challenges that could impact its business operations and financial performance.