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 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
224% more first-time investments, than exits
New positions opened: 360 | Existing positions closed: 111
110% more call options, than puts
Call options by funds: $3.58B | Put options by funds: $1.71B
56% more funds holding in top 10
Funds holding in top 10: 25 [Q3] → 39 (+14) [Q4]
17% more capital invested
Capital invested by funds: $104B [Q3] → $121B (+$17.1B) [Q4]
8% more funds holding
Funds holding: 2,464 [Q3] → 2,665 (+201) [Q4]
4.3% more ownership
Funds ownership: 77.16% [Q3] → 81.46% (+4.3%) [Q4]
2% more repeat investments, than reductions
Existing positions increased: 982 | Existing positions reduced: 964
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Wells Fargo Joseph O'Dea 40% 1-year accuracy 14 / 35 met price target | 7%upside $225 | Equal-Weight Maintained | 30 Apr 2025 |
RBC Capital Deane Dray 31% 1-year accuracy 17 / 54 met price target | 7%upside $226 | Sector Perform Maintained | 30 Apr 2025 |
Barclays Julian Mitchell 36% 1-year accuracy 46 / 128 met price target | 15%upside $243 | Overweight Maintained | 30 Apr 2025 |
Citigroup Andrew Kaplowitz 36% 1-year accuracy 31 / 86 met price target | 9%upside $229 | Buy Maintained | 14 Apr 2025 |
JP Morgan Stephen Tusa 47% 1-year accuracy 16 / 34 met price target | 15%downside $178 | Neutral Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 33 articles about HON published over the past 30 days
