HoneywellHON
About: 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 around 30% of its revenue from recurring aftermarket services.
Employees: 102,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
165% more call options, than puts
Call options by funds: $2.64B | Put options by funds: $995M
15% more funds holding in top 10
Funds holding in top 10: 39 [Q4 2024] → 45 (+6) [Q1 2025]
9% less repeat investments, than reductions
Existing positions increased: 966 | Existing positions reduced: 1,065
3.2% less ownership
Funds ownership: 81.57% [Q4 2024] → 78.38% (-3.2%) [Q1 2025]
4% less funds holding
Funds holding: 2,682 [Q4 2024] → 2,587 (-95) [Q1 2025]
11% less capital invested
Capital invested by funds: $121B [Q4 2024] → $107B (-$13.5B) [Q1 2025]
13% less first-time investments, than exits
New positions opened: 169 | Existing positions closed: 195
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Citigroup Andrew Kaplowitz | 18%upside $265 | Buy Maintained | 4 Jun 2025 |
JP Morgan Stephen Tusa | 3%downside $217 | Neutral Maintained | 16 May 2025 |
Mizuho Brett Linzey | 11%upside $250 | Outperform Maintained | 16 May 2025 |
B of A Securities Andrew Obin | 11%upside $250 | Buy Upgraded | 7 May 2025 |
Wells Fargo Joseph O'Dea | 0%upside $225 | Equal-Weight Maintained | 30 Apr 2025 |
Financial journalist opinion
Based on 27 articles about HON published over the past 30 days









