Honeywell International (NASDAQ:HON) Issues Earnings Results

Honeywell International (NASDAQ:HON) issued its earnings results on Thursday. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.54 by $0.05, Briefing.com reports. The company had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. Honeywell International had a net margin of 12.74% and a return on equity of 40.40%. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company posted $2.47 earnings per share.

Here are the key takeaways from Honeywell International’s conference call:

• Honeywell beat expectations in 4Q25 with orders up 23%, backlog above $37 billion and adjusted EPS of $2.59, driven by strong aerospace and building automation performance.
• 2026 guidance targets sales of $38.8B–$39.8B (3%–6% organic growth), adjusted EPS $10.35–$10.65 (up 6%–9%), segment margins of 22.7%–23.1%, and free cash flow of $5.3B–$5.6B, implying continued top? and bottom?line expansion.
• Portfolio moves continue: Solstice has spun off, Honeywell plans an aerospace spin in Q3 2026 and intends to sell Productivity Solutions & Services and Warehouse & Workflow businesses in H1 2026, with Investor Days for aerospace and automation in June.
• Quantinuum raised ~$840M at a $10B pre?money valuation and launched the Helios quantum computer, but Honeywell expects ~30 basis points of margin headwind in 2026 from incremental Quantinuum investments (~$100M YoY) while retaining long?term upside.
• Process Automation showed strong long?cycle order strength (LNG/refining backlog set to convert in H2 2026), but ESS catalyst shipments remain weak short?term, creating mixed near?term revenue dynamics.

Honeywell International Trading Up 0.1%

Shares of HON opened at $227.52 on Friday. Honeywell International has a fifty-two week low of $169.21 and a fifty-two week high of $229.59. The company has a market capitalization of $144.45 billion, a PE ratio of 28.48, a price-to-earnings-growth ratio of 2.66 and a beta of 0.95. The stock has a fifty day moving average of $202.48 and a two-hundred day moving average of $209.04. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.04 and a current ratio of 1.32.

Key Headlines Impacting Honeywell International

Here are the key news stories impacting Honeywell International this week:

• Positive Sentiment: Q4 beat and strategic catalyst — Honeywell reported adjusted Q4 EPS $2.59 (vs. ~$2.54 est.) and roughly $10.1B in sales, with orders up sharply and backlog >$37B; management moved the aerospace spin-off timeline up to Q3 2026 — this drove the initial rally after results. PR Newswire: Q4 results & outlook
• Positive Sentiment: Broad analyst upgrades/price-target increases — Several major firms raised targets and kept constructive ratings (JPMorgan to $260/OW; Citi to $265/Buy; Barclays to $259/OW; RBC to $268/Outperform), signaling renewed analyst conviction after the quarter. Benzinga: analyst moves
• Positive Sentiment: Analyst commentary on margin upside and forecast lifts — Post?earnings writeups and notes (Seeking Alpha, Forbes) emphasize margin expansion, improved profitability and why the results support a buy thesis — reinforcing the bullish narrative. Benzinga: analysts raise forecasts
• Positive Sentiment: Options flow showed bullish positioning — Unusually large call buying (?11.7k calls) the session after results indicates speculative/hedged bullish interest, which can amplify intraday upside.
• Neutral Sentiment: Wells Fargo raised its target to $235 but kept an “equal weight” rating, a milder endorsement versus other banks and a reminder not all analysts are increasing conviction. TickerReport: Wells Fargo note
• Neutral Sentiment: FY 2026 guidance is roughly in line with street expectations (EPS range $10.35–$10.65, revenue $38.8B–$39.8B) — supportive but not a clear beat that would immediately re-rate consensus materially. PR Newswire: outlook
• Negative Sentiment: Q1 guide came in slightly light — Honeywell guided Q1 EPS $2.25–$2.35 (vs. ~2.39 consensus) and revenue $9.1B–$9.4B (vs. ~9.4B est.), which could cap near?term upside if investors focus on the quarter?ahead softness. PR Newswire: guidance details
• Negative Sentiment: One-time charge weighed on GAAP profit — A settlement with Flexjet reduced GAAP profits in the quarter; while adjusted results were strong, the charge is a reminder of event-driven downside risk. WSJ: Flexjet settlement

Analysts Set New Price Targets

Several analysts have weighed in on HON shares. Morgan Stanley lowered their target price on Honeywell International from $245.00 to $235.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 28th. TD Cowen lowered their price objective on shares of Honeywell International from $250.00 to $240.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Robert W. Baird raised their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Friday. Wall Street Zen raised shares of Honeywell International to a “hold” rating in a report on Saturday, January 3rd. Finally, DZ Bank dropped their price objective on shares of Honeywell International from $248.00 to $237.00 in a research note on Tuesday, December 23rd. Eleven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Honeywell International currently has a consensus rating of “Moderate Buy” and an average target price of $242.19.

Hedge Funds Weigh In On Honeywell International

Institutional investors have recently added to or reduced their stakes in the business. JPL Wealth Management LLC acquired a new stake in Honeywell International in the 3rd quarter worth about $31,000. Strive Asset Management LLC acquired a new position in shares of Honeywell International during the 3rd quarter valued at about $33,000. Triumph Capital Management purchased a new position in shares of Honeywell International during the 3rd quarter worth about $38,000. Wiser Advisor Group LLC acquired a new stake in shares of Honeywell International in the third quarter worth approximately $59,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Honeywell International in the third quarter valued at approximately $168,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Company Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.