HON - Honeywell International Inc.

NYSE - NYSE Delayed Price. Currency in USD
183.23
+0.97 (+0.53%)
At close: 4:06PM EST
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Previous Close182.26
Open182.86
Bid183.01 x 900
Ask182.97 x 1200
Day's Range182.53 - 184.06
52 Week Range138.70 - 184.06
Volume2,374,254
Avg. Volume2,544,992
Market Cap130.924B
Beta (5Y Monthly)1.13
PE Ratio (TTM)21.40
EPS (TTM)8.56
Earnings DateJan 30, 2020
Forward Dividend & Yield3.60 (1.98%)
Ex-Dividend DateNov 12, 2019
1y Target Est188.05
  • Barrons.com

    Fastenal’s Earnings Offer No Relief for Struggling Industrial Stocks

    Fastenal warned of weakness into the first half of 2020. Investors should pay attention to the industrial distributors results. They know industrial markets have been weak, but were waiting for a pickup in activity in the new year.

  • PR Newswire

    Honeywell to Release Fourth Quarter Financial Results and Announce 2020 Outlook During Its Investor Conference Call on Friday, January 31

    Honeywell (NYSE: HON) will issue its fourth quarter financial results and 2020 outlook before the opening of The New York Stock Exchange on Friday, January 31. The company will also hold a conference call at 8:30 a.m. EST.

  • Honeywell And Lockheed Martin To Provide Critical Components For NASA's Orion Spacecraft
    PR Newswire

    Honeywell And Lockheed Martin To Provide Critical Components For NASA's Orion Spacecraft

    Honeywell (NYSE: HON) has been awarded a contract by Lockheed Martin to support production of NASA's Orion spacecraft fleet for the upcoming Artemis missions, which will bring humans back to the moon for the first time since 1972. The contract to supply key components of the Orion crew module and service module will be managed and performed out of Honeywell's facility in Clearwater, Florida. Work will also be conducted at the company's facilities in Glendale, Arizona, and Puerto Rico.

  • Breakup Is Another Word for Lack of New Ideas
    Bloomberg

    Breakup Is Another Word for Lack of New Ideas

    (Bloomberg Opinion) -- There’s no clearer sign we’ve reached peak breakup in industrials than a pure-play transportation and logistics company blaming a “conglomerate discount” for its decision to consider cleaving itself into smaller pieces.XPO Logistics Inc. confirmed late Wednesday that it was exploring strategic alternatives including the possible sale or spinoff of one or more of its units. The review could see businesses that generate as much as 75% of XPO’s revenue jettisoned, with the European, North American and Asia-Pacific supply-chain operations and its European and North American transportation arms all potentially on the block, people familiar with the matter told Bloomberg News. That would leave XPO with its North American short-haul trucking business. XPO CEO Brad Jacobs told Bloomberg TV he’s exploring breakup options because the company is suffering from a “conglomerate discount” and “Wall Street understands pure plays.”Those are in-vogue words right now for industrial CEOs after an unprecedented wave of breakups. But the majority of those splits involved businesses that had little or only tenuous connections to each other – think the separation of Ingersoll-Rand Plc’s golf cart, tools and pumps business from its HVAC division, or United Technologies Corp.’s breakup of its aviation, climate and elevator businesses. Even controversial breakups such as Honeywell International Inc.’s spinoff of its Resideo Technologies Inc. thermostat and Garrett Motion Inc. turbochargers businesses, or Fortive Corp.’s plan to carve out its legacy industrial products, involved divisions that clearly didn’t fit. XPO is splitting the hairs much more finely. According to its most recent annual filing, the company gets 65% of its revenue from transportation and 35% from logistics.All the same, the market clearly does love this move. The stock climbed more than 10% on the news, with some of that likely reflecting a squeeze on short sellers who have a 13.1% interest in shares outstanding, according to Markit. Citigroup Inc. analyst Christian Wetherbee estimated a breakup could add as much as $66 a share to XPO’s equity value. And that’s likely appealing for investors looking for a story to bet on amid generally elevated valuations elsewhere in industrial stocks. But it’s hard not to view this breakup plan as a waving of the white flag for a company that was built via consolidation but has struggled of late to get deals done. XPO hasn’t announced a major acquisition since 2015, despite Jacobs’s exclamation in 2017 that he was ready to spend up to $8 billion. Last year, XPO said it would pivot away from M&A and plow billions into share buybacks instead. That helped drive XPO shares to a 40% gain in 2019, despite a recession in freight markets.With its debt levels rising and little in the way of real earnings growth, keeping the party going presented a challenge. Jacobs laid out a plan in August to add as much as $1 billion of profit by 2022 via cost cuts and new business. Bloomberg Intelligence analyst Lee Klaskow, who noted at the time that such a push carried significant execution risk, says the breakup may be a sign that XPO had already squeezed all it could from the business as far as operating improvements and technology investments.The point of all of XPO’s M&A activity was to wring costs out of the combined operations and gain more negotiating clout with suppliers. Jacobs told Bloomberg TV that XPO’s combination of businesses had helped it add more than $2 billion of revenue organically. “We actually will lose some bargaining power as smaller companies with vendors because we won’t have the global procurement capability,” Jacobs said. But he thinks smaller, more agile businesses will be more appealing to both customers and shareholders.When a CEO is talking out of two sides of his mouth, it sure sounds like financial engineering.To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Business Wire

    Garrett Motion Files Complaint Against Honeywell in Asbestos Indemnity Suit

    Garrett Motion Inc. (NYSE: GTX) today filed the complaint in its lawsuit, initiated on Dec. 2, 2019, against Honeywell International Inc. (NYSE: HON), related entities and certain affiliated individuals in the Supreme Court of the State of New York.

  • The Zacks Analyst Blog Highlights: Honeywell International, Amazon.com, Alphabet and Apple
    Zacks

    The Zacks Analyst Blog Highlights: Honeywell International, Amazon.com, Alphabet and Apple

    The Zacks Analyst Blog Highlights: Honeywell International, Amazon.com, Alphabet and Apple

  • Here're the Hottest IoT Stocks for 2020
    Zacks

    Here're the Hottest IoT Stocks for 2020

    The IoT market is expected to be worth trillions of dollars by 2020-end and there will be nearly 20 billion IoT devices. Investing in companies with well-defined IoT business seems judicious.

  • Barrons.com

    GE Stock Will Get a Lift From Earnings, so Buy Now, Analyst Says

    Analyst Nicole DeBlase has a Hold rating on General Electric (ticker: GE) shares, but she put a “short term” Buy rating on the stock Monday, saying earnings figures to be released at the end of the month—and a call with management for analysts and investors—will trigger gains. GE shares ended the day at $12.14 on Jan. 6, the highest closing level in a year. “We see the potential for GE to deliver a beat in [fourth quarter] and 2020 guidance,” wrote DeBlase in a Monday research report.

  • Investopedia

    Bearish Engulfing Candles Appear on All Indexes

    As investors seem to be having second thoughts, we look inside the industrial sector and report on retreating small-cap stocks.

  • Honeywell Partners CounterPath for Communication Solution
    Zacks

    Honeywell Partners CounterPath for Communication Solution

    Honeywell (HON) teams up with CounterPath to develop Smart Talk and improve workers collaboration in several places including hospitals, stores and distribution centers.

  • Barrons.com

    Delta Has Tons of High-Tech Optimism. These Stocks Could Benefit.

    Delta Air Lines CEO Ed Bastian’s address at the Consumer Electronics Show was all about his plans for high-tech innovation. Lots of other companies could gain if Delta succeeds.

  • New concepts could remake expectations for hotels in Charlotte
    American City Business Journals

    New concepts could remake expectations for hotels in Charlotte

    Construction is underway on a 21-story, 381-room J.W. Marriott hotel — the first of its kind in Charlotte — at the corner of Stonewall and College streets. “Occupancies are at high levels so I think we have some room to grow.” The CRVA’s $127 million expansion of the Charlotte Convention Center, combined with a growing hotel inventory, will be a catalyst for landing large-scale events and conferences. “Other cities want these successes as well, and we have to continue to invest in our infrastructure.” There’s also demand driven by corporate commitments to the market, such as Honeywell International Inc. (NYSE: HON) and Truist Financial Corp. (NYSE: TFC).

  • How Does Honeywell International Inc. (NYSE:HON) Stand Up To These Simple Dividend Safety Checks?
    Simply Wall St.

    How Does Honeywell International Inc. (NYSE:HON) Stand Up To These Simple Dividend Safety Checks?

    Today we'll take a closer look at Honeywell International Inc. (NYSE:HON) from a dividend investor's perspective...

  • The Truth About Market Timing - January 08, 2020
    Zacks

    The Truth About Market Timing - January 08, 2020

    Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?

  • United Technologies' Advanced Training Device Chosen by FAA
    Zacks

    United Technologies' Advanced Training Device Chosen by FAA

    United Technologies' (UTX) HUD VR device offers high flexibility and efficacy to FAA experts that are required for performing research in advanced vision systems on HUDs.

  • Top Research Reports for Apple, Amazon & Visa
    Zacks

    Top Research Reports for Apple, Amazon & Visa

    Top Research Reports for Apple, Amazon & Visa

  • GE Stock Just Cleared A New Buy Point, But Is General Electric A Good Buy?
    Investor's Business Daily

    GE Stock Just Cleared A New Buy Point, But Is General Electric A Good Buy?

    General Electric is making major changes after a brutal couple of years. Here is what the fundamentals and technical analysis say about buying GE stock now.

  • 3M Completes Divestiture of Ballistic Protection Business
    Zacks

    3M Completes Divestiture of Ballistic Protection Business

    3M's (MMM) advanced-ballistic protection business divestment will enable it to concentrate on other businesses in Advanced Materials Division.

  • Honeywell (HON) to Gain From Solid Demand in End Markets
    Zacks

    Honeywell (HON) to Gain From Solid Demand in End Markets

    Strong commercial aftermarket business, and solid demand for Honeywell's (HON) commercial fire and building management products are likely to drive its revenues.

  • Barrons.com

    Three Things I Learned Picking Stocks in 2019 and One New Year Investing Resolution

    I picked nine stocks in 2019, and came away with an average absolute return of 22%. It’s the end of the year, so it’s time to review.

  • Honeywell International to pay $4 million to clean up polluted Georgia plant site
    American City Business Journals

    Honeywell International to pay $4 million to clean up polluted Georgia plant site

    Honeywell is the owner of the former LCP Chemical facility in Brunswick, Ga., which, over time, comprised a number of industrial operations to include an oil refinery, a power plant, and a chlor-alkali facility.

  • Honeywell Aerospace, 2 startups partner to combat counterfeit parts market
    American City Business Journals

    Honeywell Aerospace, 2 startups partner to combat counterfeit parts market

    This first-of-its-kind process in aerospace will increase transparency and simplify supply-chain operations in an industry where developing countermeasures is critical.

  • Charlotte corporate giants join Hornets' business pitch in Paris
    American City Business Journals

    Charlotte corporate giants join Hornets' business pitch in Paris

    Bank of America and Honeywell are, respectively, presenting partner and associate partner for a Charlotte regional economic development forum in Paris next month.

  • Stock Upgrades: Honeywell International Shows Rising Relative Strength
    Investor's Business Daily

    Stock Upgrades: Honeywell International Shows Rising Relative Strength

    A Relative Strength Rating upgrade for Honeywell International shows improving technical performance. Will it continue?