Honeywell International (HON 0.72%) has exposure to a lot of high-growth areas, but you wouldn't know it from the share price. The company today trades at 24 times earnings, about the same valuation as 2020 and 30% below the company's multiple in 2021.
Investors are usually happy when a company can pull off one big goal and do it well. So Wall Street was almost certainly expecting Honeywell (HON -0.58%) to focus all of its attention in the immediate future on what amounts to a massive corporate restructuring.
March came in like a lion, much to stock market bears' delight. The S&P 500 plunged from its February 19 high on the heels of stern tariff talk and phrases like “a little bit of an adjustment period” from President Trump and the economy entering a “detox period,” as Treasury Secretary Bessent said last week.
Weakness in HON's Industrial Automation business along with high debt level and operating expenses weigh on its performance.
Honeywell International Inc. (NASDAQ:HON ) J.P. Morgan 2025 Industrials Conference March 11, 2025 7:30 AM ET Company Participants Jim Currier - President & CEO of Honeywell Aerospace Technologies Conference Call Participants Steve Tusa - JPMorgan Steve Tusa Welcome everyone to the 2025 JPMorgan Industrials Conference.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Honeywell International Inc. (HON) closed the most recent trading day at $211.26, moving +0.78% from the previous trading session.
The acquisition of Sundyne is expected to bolster HON's Energy and Sustainability Solutions business.
Honeywell International Inc has unveiled a multi-billion dollar deal to buy pump-maker Sundyne in an effort to bolster its energy business ahead of a planned split. Sundyne, which makes engineered pumps and gas compressors, would be bought from private equity firm Warburg Pincus for $2.16 billion in cash, Honeywell said on Tuesday.
Conglomerate adds pump-maker business to its Energy and Sustainability Solutions (ESS) unit.
Honeywell International is closing in on a nearly $2.2 billion deal to buy pump-maker Sundyne from private-equity firm Warburg Pincus, the Wall Street Journal reported on Tuesday.
Honeywell (HON 0.83%) is a $130 billion market cap industrial Goliath. It operates businesses that span from automation to aerospace to advanced materials.