Do Wall Avenue Analysts Like Honeywell Worldwide Inventory?

Honeywell Worldwide Inc. (HON) is a world conglomerate targeted on diversified expertise and manufacturing operations. It focuses on aerospace methods, constructing automation, industrial automation, efficiency supplies, and security options. The corporate is headquartered in Charlotte, North Carolina. It has a market capitalization of $151.34 billion.

Over the previous 52 weeks, Honeywell’s inventory has gained 23.7%. Based mostly on a report backlog and strong 2026 steering, the inventory is up 22.9% year-to-date (YTD). Amid optimistic momentum, it reached a 52-week excessive of $240.95 on Feb. 9 and is down solely marginally from that stage.

The S&P 500 index ($SPX) is up 15.6% over the previous 52 weeks and 1.7% YTD. Due to this fact, the inventory has outperformed the broader market over these durations. The State Avenue Industrial Choose Sector SPDR ETF (XLI) has elevated 26.5% over the previous 52 weeks, outperforming Honeywell, whereas it has rallied 12% YTD, underperforming the inventory.

For the fourth quarter of fiscal 2025, Honeywell reported a 6% year-over-year (YOY) development in its topline to $9.76 billion, whereas reporting an 11% natural development. Nevertheless, the topline determine fell wanting Wall Avenue analysts’ estimates. On an adjusted foundation, the corporate’s gross sales grew 10% YOY. Honeywell’s adjusted EPS grew 17% from the prior-year interval to $2.59, exceeding the estimated determine.

The corporate exited 2025 with a report backlog exceeding $37 billion. It is usually on observe to spin off Honeywell Aerospace into an impartial publicly traded firm within the third quarter of 2026.

For the present quarter, Avenue analysts anticipate Honeywell’s revenue to drop 7.6% YOY to $2.32 per diluted share, whereas for the present 12 months, it’s anticipated to extend 7.5% to $10.51 per diluted share, adopted by an 8.6% development to $11.41 per diluted share within the following 12 months. The corporate additionally has a strong historical past of surpassing consensus estimates, topping them in all 4 trailing quarters.

Among the many 23 Wall Avenue analysts overlaying Honeywell’s inventory, the consensus is a “Reasonable Purchase.” That’s primarily based on 11 “Robust Purchase” rankings, one “Reasonable Purchase,” 10 “Holds,” and one “Reasonable Promote.” The rankings configuration has turn out to be extra bullish than a month in the past, with the variety of “Robust Purchase” rankings rising from 10 to 11.

Final month, analysts at JPMorgan upgraded the inventory from “Impartial” to “Chubby” and raised its worth goal from $218 to $255. JPMorgan has turned extra optimistic on Honeywell, citing a transparent valuation low cost. The inventory trades beneath its sum-of-the-parts worth, with analysts noting a stark hole between the share worth and Honeywell’s underlying belongings, particularly in its aerospace phase.​

Honeywell’s imply worth goal of $244.64 signifies a 2% upside over present market costs. Furthermore, the Avenue-high worth goal of $273 implies a possible upside of 13.8%.

On the date of publication, Anushka Dutta didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All info and knowledge on this article is solely for informational functions. This text was initially revealed on Barchart.com