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 Q2 regulatory disclosures by fund managers ($100M+ AUM)
120% more call options, than puts
Call options by funds: $1.93B | Put options by funds: $877M
76% more first-time investments, than exits
New positions opened: 194 | Existing positions closed: 110
6% more capital invested
Capital invested by funds: $108B [Q1] → $114B (+$6.12B) [Q2]
1% more funds holding
Funds holding: 2,616 [Q1] → 2,636 (+20) [Q2]
1.76% less ownership
Funds ownership: 78.33% [Q1] → 76.58% (-1.76%) [Q2]
7% less funds holding in top 10
Funds holding in top 10: 45 [Q1] → 42 (-3) [Q2]
14% less repeat investments, than reductions
Existing positions increased: 938 | Existing positions reduced: 1,090
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Morgan Stanley Chris Snyder | 11%upside $245 | Equal-Weight Maintained | 28 Jul 2025 |
RBC Capital Deane Dray | 15%upside $253 | Sector Perform Maintained | 25 Jul 2025 |
Wells Fargo Joseph O'Dea | 4%upside $230 | Equal-Weight Maintained | 25 Jul 2025 |
Barclays Julian Mitchell | 20%upside $265 | Overweight Maintained | 9 Jul 2025 |
Citigroup Andrew Kaplowitz | 20%upside $265 | Buy Maintained | 4 Jun 2025 |
Financial journalist opinion
Based on 27 articles about HON published over the past 30 days
