Honeywell International (HON)
Market Price (9/19/2026): $206.01 | Market Cap: $65.3 BilSector: Industrials | Industry: Industrial Conglomerates
Honeywell International (HON)
Market Price (9/19/2026): $206.01Market Cap: $65.3 BilSector: IndustrialsIndustry: Industrial Conglomerates
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 17%, Dividend Yield is 4.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 13%, FCF Yield is 6.1% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%, CFO LTM is 5.1 Bil, FCF LTM is 4.0 Bil Stock buyback supportStock Buyback 3Y Total is 9.0 Bil Low stock price volatilityVol 12M is 26% Megatrend and thematic driversMegatrends include Automation & Robotics, Smart Buildings & Proptech, Advanced Aviation & Space, and Energy Transition & Decarbonization. Show more. | Weak multi-year price returns2Y Excs Rtn is -25%, 3Y Excs Rtn is -51% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.1% Key risksHON key risks include [1] potential liabilities from a history of litigation and legacy pollution sites and [2] increased compliance costs from evolving environmental regulations on substances like PFAS. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 17%, Dividend Yield is 4.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 13%, FCF Yield is 6.1% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%, CFO LTM is 5.1 Bil, FCF LTM is 4.0 Bil |
| Stock buyback supportStock Buyback 3Y Total is 9.0 Bil |
| Low stock price volatilityVol 12M is 26% |
| Megatrend and thematic driversMegatrends include Automation & Robotics, Smart Buildings & Proptech, Advanced Aviation & Space, and Energy Transition & Decarbonization. Show more. |
| Weak multi-year price returns2Y Excs Rtn is -25%, 3Y Excs Rtn is -51% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.1% |
| Key risksHON key risks include [1] potential liabilities from a history of litigation and legacy pollution sites and [2] increased compliance costs from evolving environmental regulations on substances like PFAS. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 9/1/2026
Honeywell International (HON) stock has lost about 15% since 5/31/2026 because of the following key factors:
1. Market Repricing Following the Spin-Off and Reverse Stock Split. Honeywell International (HON) completed the spin-off of its Aerospace Technologies business into a new independent company, Honeywell Aerospace (HONA), on June 29, 2026. Concurrently, Honeywell Technologies, the remaining entity under the HON ticker, executed a 1-for-2 reverse stock split, reducing its outstanding shares from approximately 634 million to 317 million. This significant restructuring fundamentally altered Honeywell's valuation and market capitalization, with the market adjusting to the new "pure-play automation company." The reported stock decrease of approximately 12.15% for HON in the month leading up to September 1, 2026, reflects the ongoing market digestion and revaluation post-spin-off and reverse stock split.
2. Downward Revision of Guidance by the Spun-Off Honeywell Aerospace (HONA). On August 5, 2026, Honeywell Aerospace (HONA), the recently separated entity, revised its full-year 2026 outlook. The company lowered its organic sales growth guidance to 4%-5% from a previous range of 7%-9% and reduced its adjusted EBIT forecast to $4.35 billion-$4.45 billion from $4.65 billion-$4.75 billion. This reduced guidance for a formerly integral part of Honeywell International likely impacted investor sentiment for the broader industrial market and the performance of both the new HON and HONA, as shareholders received HONA shares as part of the spin-off.
Show more
Honeywell International (HON) stock has lost about 15% since 5/31/2026 because of the following key factors:
1. Market Repricing Following the Spin-Off and Reverse Stock Split. Honeywell International (HON) completed the spin-off of its Aerospace Technologies business into a new independent company, Honeywell Aerospace (HONA), on June 29, 2026. Concurrently, Honeywell Technologies, the remaining entity under the HON ticker, executed a 1-for-2 reverse stock split, reducing its outstanding shares from approximately 634 million to 317 million. This significant restructuring fundamentally altered Honeywell's valuation and market capitalization, with the market adjusting to the new "pure-play automation company." The reported stock decrease of approximately 12.15% for HON in the month leading up to September 1, 2026, reflects the ongoing market digestion and revaluation post-spin-off and reverse stock split.
2. Downward Revision of Guidance by the Spun-Off Honeywell Aerospace (HONA). On August 5, 2026, Honeywell Aerospace (HONA), the recently separated entity, revised its full-year 2026 outlook. The company lowered its organic sales growth guidance to 4%-5% from a previous range of 7%-9% and reduced its adjusted EBIT forecast to $4.35 billion-$4.45 billion from $4.65 billion-$4.75 billion. This reduced guidance for a formerly integral part of Honeywell International likely impacted investor sentiment for the broader industrial market and the performance of both the new HON and HONA, as shareholders received HONA shares as part of the spin-off.
Show more
Updated on 9/1/2026
Honeywell International (HON) stock has lost about 15% since 5/31/2026 because of the following key factors:
1. Market Repricing Following the Spin-Off and Reverse Stock Split. Honeywell International (HON) completed the spin-off of its Aerospace Technologies business into a new independent company, Honeywell Aerospace (HONA), on June 29, 2026. Concurrently, Honeywell Technologies, the remaining entity under the HON ticker, executed a 1-for-2 reverse stock split, reducing its outstanding shares from approximately 634 million to 317 million. This significant restructuring fundamentally altered Honeywell's valuation and market capitalization, with the market adjusting to the new "pure-play automation company." The reported stock decrease of approximately 12.15% for HON in the month leading up to September 1, 2026, reflects the ongoing market digestion and revaluation post-spin-off and reverse stock split.
2. Downward Revision of Guidance by the Spun-Off Honeywell Aerospace (HONA). On August 5, 2026, Honeywell Aerospace (HONA), the recently separated entity, revised its full-year 2026 outlook. The company lowered its organic sales growth guidance to 4%-5% from a previous range of 7%-9% and reduced its adjusted EBIT forecast to $4.35 billion-$4.45 billion from $4.65 billion-$4.75 billion. This reduced guidance for a formerly integral part of Honeywell International likely impacted investor sentiment for the broader industrial market and the performance of both the new HON and HONA, as shareholders received HONA shares as part of the spin-off.
3. Mixed Q2 Fiscal 2026 Earnings Performance and Segment Weakness. For the second fiscal quarter of 2026 (ended June 30, 2026), the consolidated Honeywell (including legacy Aerospace) reported a 4% year-over-year decline in adjusted earnings per share, despite a 4% increase in reported and organic sales to $9.7 billion. While the remaining Honeywell Technologies (HON, excluding Aerospace) showed positive organic sales growth of 4% and a 10% increase in adjusted EPS to $1.95, a post-breakup analysis highlighted that the Process Automation segment experienced contracted margins, and the stability of Industrial Automation was dependent on further divestitures. This mixed financial picture during a period of significant corporate transition likely contributed to investor uncertainty.
4. Broader Macroeconomic Headwinds in the Industrial Sector. The U.S. industrial and manufacturing sector faced "steady but uneven momentum" in the second half of 2026, characterized by "pockets of softness tied to tariffs, interest rates and a narrowing set of high-growth verticals." Manufacturing output was essentially flat in June, increasing only 1.1% year-over-year. Furthermore, general energy volatility and cautious market sentiment impacted industrial businesses, with higher fuel costs potentially weighing on industries such as airlines, which can indirectly affect demand for industrial products and services. While some areas like AI-driven infrastructure and automation presented growth opportunities, the industrial equipment vertical was specifically identified as likely to weaken.
Show less
Honeywell International (HON) stock has lost about 15% since 5/31/2026 because of the following key factors:
1. Market Repricing Following the Spin-Off and Reverse Stock Split. Honeywell International (HON) completed the spin-off of its Aerospace Technologies business into a new independent company, Honeywell Aerospace (HONA), on June 29, 2026. Concurrently, Honeywell Technologies, the remaining entity under the HON ticker, executed a 1-for-2 reverse stock split, reducing its outstanding shares from approximately 634 million to 317 million. This significant restructuring fundamentally altered Honeywell's valuation and market capitalization, with the market adjusting to the new "pure-play automation company." The reported stock decrease of approximately 12.15% for HON in the month leading up to September 1, 2026, reflects the ongoing market digestion and revaluation post-spin-off and reverse stock split.
2. Downward Revision of Guidance by the Spun-Off Honeywell Aerospace (HONA). On August 5, 2026, Honeywell Aerospace (HONA), the recently separated entity, revised its full-year 2026 outlook. The company lowered its organic sales growth guidance to 4%-5% from a previous range of 7%-9% and reduced its adjusted EBIT forecast to $4.35 billion-$4.45 billion from $4.65 billion-$4.75 billion. This reduced guidance for a formerly integral part of Honeywell International likely impacted investor sentiment for the broader industrial market and the performance of both the new HON and HONA, as shareholders received HONA shares as part of the spin-off.
3. Mixed Q2 Fiscal 2026 Earnings Performance and Segment Weakness. For the second fiscal quarter of 2026 (ended June 30, 2026), the consolidated Honeywell (including legacy Aerospace) reported a 4% year-over-year decline in adjusted earnings per share, despite a 4% increase in reported and organic sales to $9.7 billion. While the remaining Honeywell Technologies (HON, excluding Aerospace) showed positive organic sales growth of 4% and a 10% increase in adjusted EPS to $1.95, a post-breakup analysis highlighted that the Process Automation segment experienced contracted margins, and the stability of Industrial Automation was dependent on further divestitures. This mixed financial picture during a period of significant corporate transition likely contributed to investor uncertainty.
4. Broader Macroeconomic Headwinds in the Industrial Sector. The U.S. industrial and manufacturing sector faced "steady but uneven momentum" in the second half of 2026, characterized by "pockets of softness tied to tariffs, interest rates and a narrowing set of high-growth verticals." Manufacturing output was essentially flat in June, increasing only 1.1% year-over-year. Furthermore, general energy volatility and cautious market sentiment impacted industrial businesses, with higher fuel costs potentially weighing on industries such as airlines, which can indirectly affect demand for industrial products and services. While some areas like AI-driven infrastructure and automation presented growth opportunities, the industrial equipment vertical was specifically identified as likely to weaken.
Show less
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Stock Movement Drivers
Fundamental Drivers
The -13.8% change in HON stock from 5/31/2026 to 9/18/2026 was primarily driven by a -57.0% change in the company's P/E Multiple.| (LTM values as of) | 5312026 | 9182026 | Change |
|---|---|---|---|
| Stock Price ($) | 239.41 | 206.46 | -13.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 35,733 | 36,130 | 1.1% |
| Net Income Margin (%) | 11.5% | 22.7% | 98.1% |
| P/E Multiple | 18.5 | 8.0 | -57.0% |
| Shares Outstanding (Mil) | 317 | 317 | 0.1% |
| Cumulative Contribution | -13.8% |
Market Drivers
5/31/2026 to 9/18/2026| Return | Correlation | |
|---|---|---|
| HON | -13.8% | |
| Market (SPY) | 0.9% | 33.6% |
| Sector (XLI) | -2.0% | 58.7% |
Fundamental Drivers
The -15.3% change in HON stock from 2/28/2026 to 9/18/2026 was primarily driven by a -51.3% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 9182026 | Change |
|---|---|---|---|
| Stock Price ($) | 243.83 | 206.46 | -15.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 35,515 | 36,130 | 1.7% |
| Net Income Margin (%) | 13.3% | 22.7% | 70.7% |
| P/E Multiple | 16.4 | 8.0 | -51.3% |
| Shares Outstanding (Mil) | 318 | 317 | 0.1% |
| Cumulative Contribution | -15.3% |
Market Drivers
2/28/2026 to 9/18/2026| Return | Correlation | |
|---|---|---|
| HON | -15.3% | |
| Market (SPY) | 11.6% | 41.8% |
| Sector (XLI) | -3.9% | 58.9% |
Fundamental Drivers
The 0.7% change in HON stock from 8/31/2025 to 9/18/2026 was primarily driven by a 36.3% change in the company's Net Income Margin (%).| (LTM values as of) | 8312025 | 9182026 | Change |
|---|---|---|---|
| Stock Price ($) | 204.93 | 206.46 | 0.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 34,282 | 36,130 | 5.4% |
| Net Income Margin (%) | 16.7% | 22.7% | 36.3% |
| P/E Multiple | 11.4 | 8.0 | -30.2% |
| Shares Outstanding (Mil) | 319 | 317 | 0.5% |
| Cumulative Contribution | 0.7% |
Market Drivers
8/31/2025 to 9/18/2026| Return | Correlation | |
|---|---|---|
| HON | 0.7% | |
| Market (SPY) | 19.4% | 36.6% |
| Sector (XLI) | 12.8% | 59.0% |
Fundamental Drivers
The 22.8% change in HON stock from 8/31/2023 to 9/18/2026 was primarily driven by a 50.7% change in the company's Net Income Margin (%).| (LTM values as of) | 8312023 | 9182026 | Change |
|---|---|---|---|
| Stock Price ($) | 168.14 | 206.46 | 22.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 36,147 | 36,130 | 0.0% |
| Net Income Margin (%) | 15.1% | 22.7% | 50.7% |
| P/E Multiple | 10.3 | 8.0 | -22.3% |
| Shares Outstanding (Mil) | 333 | 317 | 4.9% |
| Cumulative Contribution | 22.8% |
Market Drivers
8/31/2023 to 9/18/2026| Return | Correlation | |
|---|---|---|
| HON | 22.8% | |
| Market (SPY) | 75.6% | 50.3% |
| Sector (XLI) | 63.4% | 62.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HON Return | -0% | 5% | 0% | 10% | -6% | 6% | 14% |
| Peers Return | 35% | -2% | 26% | 43% | 41% | 14% | 284% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| HON Win Rate | 58% | 42% | 33% | 42% | 33% | 44% | |
| Peers Win Rate | 70% | 45% | 57% | 63% | 65% | 56% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| HON Max Drawdown | -14% | -23% | -17% | -11% | -19% | -19% | |
| Peers Max Drawdown | -15% | -31% | -22% | -15% | -24% | -19% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: RTX, GE, ETN, JCI, EMR. See HON Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)
How Low Can It Go
| Event | HON | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -12.8% | -18.8% |
| % Gain to Breakeven | 14.7% | 23.1% |
| Time to Breakeven | 21 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -15.6% | -9.5% |
| % Gain to Breakeven | 18.4% | 10.5% |
| Time to Breakeven | 61 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -18.0% | -24.5% |
| % Gain to Breakeven | 21.9% | 32.4% |
| Time to Breakeven | 28 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.3% | -33.7% |
| % Gain to Breakeven | 73.2% | 50.9% |
| Time to Breakeven | 225 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -21.6% | -19.2% |
| % Gain to Breakeven | 27.5% | 23.8% |
| Time to Breakeven | 87 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -13.4% | -12.2% |
| % Gain to Breakeven | 15.5% | 13.9% |
| Time to Breakeven | 53 days | 62 days |
In The Past
Honeywell International's stock fell -12.8% during the 2025 US Tariff Shock. Such a loss loss requires a 14.7% gain to breakeven.
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Asset Allocation
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| Event | HON | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -42.3% | -33.7% |
| % Gain to Breakeven | 73.2% | 50.9% |
| Time to Breakeven | 225 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -21.6% | -19.2% |
| % Gain to Breakeven | 27.5% | 23.8% |
| Time to Breakeven | 87 days | 105 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -25.1% | -17.9% |
| % Gain to Breakeven | 33.5% | 21.8% |
| Time to Breakeven | 140 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -61.1% | -53.4% |
| % Gain to Breakeven | 156.8% | 114.4% |
| Time to Breakeven | 694 days | 1085 days |
In The Past
Honeywell International's stock fell -12.8% during the 2025 US Tariff Shock. Such a loss loss requires a 14.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Honeywell International (HON)
Honeywell International Inc. (HON) is a global diversified technology and manufacturing company that provides a wide array of products and services across critical industries worldwide. A significant part of its business lies in its Aerospace segment, which serves the aviation industry by supplying essential components such as propulsion engines, integrated avionics, environmental control systems, flight safety solutions, and radar systems. This segment also provides spare parts and comprehensive maintenance, repair, and overhaul (MRO) services for commercial, defense, and space applications globally.
The company also makes commercial buildings smarter and safer through its Honeywell Building Technologies segment, offering software for building control and optimization, along with sensors, access control systems, video surveillance, and fire safety solutions for various facilities. Additionally, Honeywell's Performance Materials and Technologies segment supports industrial process industries with automation control, instrumentation, and specialized software. It further supplies advanced materials, including catalysts and adsorbents, and high-performance materials used in products ranging from bullet-resistant armor and nylon to computer chips and pharmaceutical packaging.
Lastly, Honeywell's Safety and Productivity Solutions segment addresses critical needs in workplace safety and operational efficiency. This segment provides personal protection equipment (PPE), advanced gas detection technology, and cloud-based emergency messaging systems. It also specializes in enhancing supply chain and warehouse operations through automation equipment and software solutions, alongside offering mobile devices, custom-engineered sensors, and data management software for diverse industrial and logistical customers.
AI Analysis | Feedback
Here are 1-2 brief analogies to describe Honeywell International:
- Honeywell is a diversified industrial technology powerhouse, much like a Siemens with a significant aerospace division, providing essential systems and software for airplanes, smart buildings, and manufacturing.
- Consider Honeywell as the 'Intel Inside' for the industrial world, supplying critical systems and software that power everything from aircraft and building infrastructure to factory automation and worker safety.
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- Aerospace Systems and Components: Provides auxiliary power units, propulsion engines, avionics, flight safety systems, and related hardware for aircraft.
- Building Control Systems: Offers software applications, sensors, switches, and control systems for energy management, access control, video surveillance, and fire safety in buildings.
- Industrial Automation Solutions: Delivers automation control, instrumentation, and software to optimize industrial processes.
- Advanced Materials and Chemicals: Manufactures catalysts, adsorbents, and specialized materials used in products such as bullet-resistant armor, computer chips, and pharmaceutical packaging.
- Personal Protective Equipment (PPE): Supplies personal protection equipment, apparel, footwear, and gas detection technology for various industries.
- Supply Chain and Warehouse Automation Equipment: Provides equipment, including robotics and material handling systems, to enhance supply chain and warehouse efficiency.
- Aerospace Services: Offers repair, overhaul, maintenance, and wireless connectivity management services for aerospace products.
- Building Technologies Services: Provides installation, maintenance, and upgrade services for building control, security, and fire systems.
- Industrial Software and Consulting: Delivers software solutions and consulting related to automation control and process optimization.
- Productivity Software: Offers cloud-based notification, emergency messaging, data, and asset management software solutions.
AI Analysis | Feedback
Honeywell International Inc. (HON) primarily sells its products and services to other businesses rather than directly to individual consumers. Based on the company's diversified operations, its major customers are found across several industries:
-
Aerospace Manufacturers and Airlines: Honeywell's Aerospace segment provides critical components, systems, and services for aircraft. Key customers in this area include major aircraft manufacturers and large airlines.
- Boeing Co. (BA)
- Airbus SE (EADSY) - *U.S. OTC symbol for the European company*
- Lockheed Martin Corp. (LMT)
- Delta Air Lines Inc. (DAL)
- United Airlines Holdings, Inc. (UAL)
-
Industrial and Process Companies: The Performance Materials and Technologies segment serves industries requiring automation control, advanced materials, and catalysts.
- Large oil and gas companies, such as Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX), for process automation and refining technologies.
- Chemical and petrochemical companies.
- Semiconductor manufacturers.
- Pharmaceutical companies.
- Commercial Building Owners and Developers: The Honeywell Building Technologies segment provides solutions for building control, energy management, security, and fire safety. Customers are typically commercial real estate entities, facility management companies, and large institutional clients (e.g., hospitals, universities).
-
Logistics, Manufacturing, and Industrial Companies: The Safety and Productivity Solutions segment supplies personal protection equipment, warehouse automation, and mobile solutions.
- E-commerce and logistics giants, such as Amazon.com, Inc. (AMZN), for warehouse automation and supply chain solutions.
- Large manufacturing companies across various sectors.
- Government and public safety entities for personal protection and emergency communication.
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Honeywell International Inc. (HON) features a robust management team led by its Chairman and CEO, Vimal Kapur, and Senior Vice President and CFO, Mike Stepniak.
Vimal Kapur
Chairman and Chief Executive Officer
Vimal Kapur is the Chairman and Chief Executive Officer of Honeywell. He joined a Honeywell joint venture in 1989, progressing through various leadership roles, including Managing Director of Honeywell Automation India Ltd., President of Honeywell Process Solutions, President and CEO of Honeywell Building Technologies, and President and CEO of Performance Materials and Technologies. He was appointed President and Chief Operating Officer in July 2022, became CEO in June 2023, and assumed the role of Chairman in June 2024. Kapur has been instrumental in the planned separation of Honeywell into three independent public companies: Honeywell Aerospace, Solstice Advanced Materials, and Honeywell.
Mike Stepniak
Senior Vice President and Chief Financial Officer
Mike Stepniak serves as the Senior Vice President and Chief Financial Officer for Honeywell. He assumed this role following the company's announcement of its fourth quarter and full-year financial results for fiscal year 2024. Stepniak joined Honeywell in 2020 and has held positions as Vice President and CFO of Honeywell Building Technologies and Vice President and CFO of Honeywell Aerospace Technologies. Prior to his tenure at Honeywell, he spent nearly two decades at General Electric (GE) and Baker Hughes, where he was most recently the CFO of the Oilfield Equipment division.
Anne T. Madden
Senior Vice President, General Counsel
Anne T. Madden is the Senior Vice President and General Counsel at Honeywell. She is responsible for the company's legal affairs and compliance.
Sheila Jordan
Senior Vice President, Chief Digital Technology Officer
Sheila Jordan holds the position of Senior Vice President and Chief Digital Technology Officer. Her role involves overseeing the company's digital technology strategy and initiatives.
Suresh Venkatarayalu
Senior Vice President and Chief Technology Officer
Suresh Venkatarayalu is the Senior Vice President and Chief Technology Officer. He leads Honeywell's technological innovation and research and development efforts.
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Here are the key risks to Honeywell International (HON):
- Supply Chain Disruptions, Geopolitical Tensions, and Macroeconomic Volatility: Honeywell operates globally and is susceptible to disruptions in its supply chain, including raw material inflation, labor market challenges, and geopolitical events such as trade policy volatility and tariffs. These factors can lead to increased costs and affect the company's ability to meet demand. Furthermore, Honeywell's performance is closely tied to global economic conditions, and an economic downturn could lead to reduced demand in its cyclical industries, like aerospace and industrial manufacturing.
- Intensifying Competition and the Need for Continuous Innovation: Honeywell operates in highly competitive markets across its segments, facing both established industrial giants and agile technology-focused firms. To maintain its market position, the company must continuously invest significantly in research and development to foster innovation and technological advancements. This high R&D spending can be a near-term drag on earnings, with no guarantee of immediate returns.
- Regulatory and Environmental Challenges, including PFAS, and Risks from Portfolio Transformation: As a global enterprise, Honeywell is subject to a wide array of evolving regulatory and environmental challenges. Notably, the company faces potential compliance costs related to emerging legislation, such as Minnesota's ban on "forever chemicals" (PFAS), which could impact a significant number of parts in its aerospace, defense, and pharmaceutical packaging materials businesses. Additionally, Honeywell's planned spin-offs of certain businesses, including its Advanced Materials and Aerospace segments, involve significant incremental costs and pose financial risks, as analysts have noted that the company's debt may not be adequately covered by operating cash flow during this restructuring period.
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Honeywell International Inc. (HON) operates in several diversified technology and manufacturing segments, each addressing significant global markets:
Aerospace Segment
- Aerospace Maintenance, Repair, and Overhaul (MRO): The global aerospace MRO market was valued at approximately USD 87.63 billion in 2024 and is expected to reach around USD 145.48 billion by 2034. North America held a dominant market position, capturing over 32% share, with USD 28.04 billion in revenue in 2024. The U.S. Aerospace MRO market alone was valued at USD 26.4 billion in 2024. Other estimates place the global aircraft MRO market at USD 91.35 billion in 2024, projected to reach USD 678.58 billion by 2032, or USD 120.3 billion in 2025, reaching USD 172.73 billion by 2035.
Honeywell Building Technologies Segment
- Building Automation Systems: The global intelligent building automation technologies market was valued at USD 102.74 billion in 2022 and is expected to grow to USD 204.53 billion by 2030. Another report indicates the global building automation systems market size was valued at USD 87.85 billion in 2025 and is projected to reach USD 184.42 billion by 2034. The U.S. market within this segment is projected to reach USD 26.94 billion by 2026.
- Fire Products (Fire Safety Equipment): The global fire safety equipment market generated a revenue of USD 53,197.4 million in 2023 and is expected to reach USD 82,273.5 million by 2030. North America was the largest revenue-generating market in 2023. The global fire and life safety protection services market, a broader category, was valued at USD 148.5 billion in 2024 and is projected to grow to USD 232.5 billion by 2034.
Performance Materials and Technologies Segment
- Industrial Automation and Control Systems: The global industrial automation and control systems market size was estimated at USD 226.76 billion in 2025 and is projected to reach USD 504.38 billion by 2033. North America accounted for a significant market share of over 28% in 2025. Other estimates for the global industrial automation market range from USD 256.02 billion in 2025 to USD 613.25 billion by 2035.
- Catalysts: The global catalyst market size was estimated at USD 43.6 billion in 2025 and is projected to reach USD 61.5 billion by 2033. Asia Pacific dominated this market, holding a 35.3% revenue share in 2025.
- Adsorbents: The global adsorbents market size was valued at USD 5.10 billion in 2024 and is expected to reach USD 7.78 billion by 2033. Asia Pacific currently dominates the market, holding over 36.8% market share in 2024.
- Advanced Materials: The global advanced materials market size was worth around USD 67.85 billion in 2024 and is predicted to grow to around USD 130.88 billion by 2034. North America is expected to grow at a steady rate in this market. Other sources estimate the global advanced materials market size at USD 73.63 billion in 2025, reaching USD 134.49 billion by 2035, or USD 87.55 billion in 2025, reaching USD 162.35 billion by 2035.
Safety and Productivity Solutions Segment
- Personal Protective Equipment (PPE): The global personal protective equipment (PPE) market size was valued at USD 82.54 billion in 2025 and is projected to grow to USD 129.18 billion by 2034. North America dominated the PPE market with a market share of 36% in 2025. Other estimates include USD 90.42 billion in 2025, reaching USD 159.76 billion by 2033.
- Gas Detection Technology: The global gas detection equipment market size was estimated at USD 5.60 billion in 2024 and is projected to reach USD 10.66 billion by 2030. Another estimate for the global gas detection equipment market size is USD 5.75 billion in 2024, projected to reach USD 16.14 billion by 2034. The global gas detection system market was valued at USD 5.61 billion in 2025 and is estimated to grow to USD 7.46 billion by 2031.
- Warehouse Automation Equipment and Software Solutions: The global warehouse automation market size was valued at USD 31.21 billion in 2025, projected to grow to USD 119.86 billion by 2034. North America held a dominant market position in 2023, capturing more than a 36.7% share, with demand valued at US$ 7.6 billion. Other estimates for the global warehouse automation market range from USD 25.27 billion in 2025 to USD 107.36 billion by 2035.
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Expected Revenue Growth Drivers for Honeywell International (HON)
- Aerospace Sector Growth: Honeywell anticipates continued strong demand within its Aerospace segment, particularly in commercial aviation. This growth is expected from rising commercial original equipment (OE) build rates, leading to an increase in shipset deliveries, and sustained strength in commercial aftermarket services. Furthermore, increased defense budgets and new content wins for next-generation aircraft and Urban Air Mobility/Unmanned Aerial Systems (UAM/UAS) are projected to contribute to revenue growth through 2028. Honeywell's substantial backlog in the aerospace unit is also a significant catalyst for future sales.
- Automation and Digital Industrial Expansion: The company is focused on expanding its digital industrial offerings, notably through Honeywell Connected Enterprise (HCE) and advanced software solutions, including Software-as-a-Service (SaaS) based revenue streams and the Honeywell Forge IoT platform. This includes the rollout of connected building operating systems and Forge for Buildings modules, with a specific focus on smart hospitals, airports, and data centers. Strategic bolt-on mergers and acquisitions in areas like warehouse automation software, operational technology (OT) cybersecurity, and AI inspection are also expected to bolster growth in the automation sector, which is viewed as a foundational element for AI and data-driven expansion.
- Energy Transition and Sustainability Solutions (ETS): Honeywell is actively scaling its portfolio of sustainable technologies. Key areas of focus include hydrogen processing, carbon capture (both solvent and membrane technologies), refrigerant transitions, and battery safety controls. The company is targeting multi-hundred-million-dollar projects in regions such as the United States, the Middle East, and Europe. Acquisitions, such as the liquefied natural gas (LNG) process technology and equipment business from Air Products, are strategically enhancing Honeywell's capabilities to provide comprehensive solutions for the ongoing energy transformation.
- Portfolio Optimization and Strategic Acquisitions: Honeywell is committed to actively optimizing its business portfolio through strategic acquisitions that offer accretive growth and align with its core megatrends: automation, the future of aviation, and energy transition. Recent acquisitions, including CAES Systems for electromagnetic defense technology and Civitanavi Systems for autonomous operations in aircraft, are enhancing capabilities and creating significant revenue tailwinds. The company has articulated plans to deploy capital towards further mergers and acquisitions to accelerate overall growth.
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Share Repurchases
- Honeywell's Board of Directors authorized a share repurchase program of up to $10.0 billion of its common stock on February 12, 2021, which included approximately $2.8 billion remaining from a previous authorization. This authorization has no expiration date. The company announced another share repurchase program for up to $10 billion worth of common stock on April 25, 2024.
- Honeywell's annual share buybacks were $3.715 billion in 2023, $1.655 billion in 2024, and $3.804 billion in 2025.
- On average, Honeywell deployed approximately $4 billion per year on share buybacks between 2021 and 2023. For the full year 2025, $3.8 billion was deployed to repurchase 18 million shares.
Share Issuance
- Information specifically detailing the dollar amount of shares issued over the last 3-5 years is not explicitly available in the provided search results.
Outbound Investments
- Honeywell committed to deploy at least $25 billion towards dividends, acquisitions, capital expenditures, and share buybacks through 2025, a commitment it was on pace to exceed.
- Since December 2023, Honeywell completed nearly $9 billion of accretive acquisitions to accelerate growth and support its pivot to higher-growth verticals. Key acquisitions include Carrier Access Solutions for $4.95 billion (completed in June 2024), CAES Systems for $1.9 billion, and Air Products' liquefied natural gas (LNG) business for $1.81 billion.
- In 2025, Honeywell completed a $2.2 billion acquisition of Sundyne and announced a £1.8 billion (approximately $2.2 billion USD) agreement to acquire Johnson Matthey's Catalyst Technologies. For the full year 2025, $2.2 billion was deployed to acquisitions.
Capital Expenditures
- Honeywell's capital expenditures averaged $851.8 million for the fiscal years ending December 2021 to 2025.
- Annual capital expenditures were $895 million in 2021, $766 million in 2022, $741 million in 2023, $871 million in 2024, and $986 million in 2025. For the full year 2025, $1 billion was deployed to capital expenditures.
- Capital expenditures are anticipated to increase by approximately $250 million in 2026 to support growth investment.
Peer Outperformance in Industrial Conglomerates
HON has outperformed 56% of its 16 Industrial Conglomerates peers over 5Y. Among the peers that beat it are CSL and MMM. Industrial Conglomerates ranks 13th of 23 industries in Industrials by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Industrial Conglomerates constituents that HON has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
44%
of 18 industry peers · 5.2% return
3Y
59%
of 17 industry peers · 18.1% return
5Y
56%
of 16 industry peers · 10.0% return
Industrial Conglomerates peers with revenue growth within 4pp of HON's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| HON | Honeywell International | 0.1% | 8.0x | 5.2% | 18.1% | 10.0% | — |
| CSL | Carlisle Companies | 1.7% | 17.5x | -3.8% | 19.7% | 66.6% | +57pp |
| MMM | 3M | 3.2% | 28.8x | 8.7% | 114.7% | 30.1% | +20pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Industrials sector, ranked by 5Y. Industrial Conglomerates is HON's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 7.6% | 101.5% | 179.0% | FIX 2325% · CDNL 2275% · STRL 2177% |
| Marine Transportation | 5 | 83.2% | 67.4% | 170.7% | HOS 44163% · MATX 199% · SFL 171% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 9.3% | 56.2% | 124.5% | CAT 341% · ALSN 253% · WAB 230% |
| Aerospace & Defense | 55 | -6.6% | 68.1% | 68.1% | ATI 1043% · FTAI 964% · HWM 652% |
| Rail Transportation | 7 | 29.5% | 58.9% | 48.8% | FSTR 143% · CSX 66% · UNP 55% |
| Trading Companies & Distributors | 19 | 3.3% | 36.9% | 48.2% | DXPE 570% · AIT 302% · WCC 212% |
| Industrial Machinery & Supplies & Components | 72 | 7.4% | 47.7% | 41.2% | CRS 1269% · PSIX 1091% · EROC 652% |
| Diversified Support Services | 33 | 10.6% | 30.8% | 31.7% | LIME 3498% · TH 499% · WLFC 368% |
| Passenger Ground Transportation | 3 | -25.6% | 34.9% | 30.0% | UBER 77% · CAR 30% · LYFT -71% |
| Cargo Ground Transportation | 16 | 32.4% | -0.2% | 29.4% | XPO 244% · R 242% · CVLG 204% |
| Electrical Components & Equipment | 41 | 3.4% | 55.2% | 20.3% | POWL 2471% · BE 1257% · VRT 956% |
| Building Products | 33 | -13.7% | 1.1% | 18.5% | LMB 701% · GFF 373% · PPIH 293% |
| Industrial Conglomerates ← | 17 | 8.7% | 5.7% | 6.1% | RCMT 454% · CSW 141% · DD 72% |
| Agricultural & Farm Machinery | 17 | 2.2% | 3.6% | -5.6% | BLBD 191% · DE 109% · GENC 54% |
| Environmental & Facilities Services | 29 | -12.5% | 20.6% | -6.6% | CECO 932% · NVRI 354% · GEO 353% |
| Research & Consulting Services | 13 | -14.0% | -24.4% | -9.7% | HURN 205% · CRAI 90% · GRNQ 55% |
| Data Processing & Outsourced Services | 6 | -33.6% | -15.9% | -26.3% | EXLS 44% · BR 7% · G -25% |
| Passenger Airlines | 11 | 3.1% | 10.4% | -28.8% | LTM 3092% · UAL 144% · SKYW 107% |
| Office Services & Supplies | 9 | 6.6% | 20.5% | -35.1% | PBI 194% · TILE 141% · HNI 46% |
| Human Resource & Employment Services | 22 | 5.4% | -20.1% | -38.0% | BBSI 88% · ADP 53% · PAYX 25% |
| Air Freight & Logistics | 12 | -13.0% | -21.1% | -38.5% | CHRW 97% · FDX 64% · EXPD 63% |
| Security & Alarm Services | 10 | -26.4% | 17.5% | -44.2% | CIX 150% · MG 127% · NL 63% |
| Airport Services | 3 | -72.8% | -79.0% | -58.3% | JOBY -34% · ASLE -58% · UP -100% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Research & Analysis
Invest in Strategies
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 200.23 |
| Mkt Cap | 126.1 |
| Rev LTM | 33,078 |
| Op Inc LTM | 5,654 |
| FCF LTM | 3,972 |
| FCF 3Y Avg | 4,236 |
| CFO LTM | 5,034 |
| CFO 3Y Avg | 5,128 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.3% |
| Rev Chg 3Y Avg | 8.8% |
| Rev Chg Q | 11.9% |
| QoQ Delta Rev Chg LTM | 2.9% |
| Op Inc Chg LTM | 17.2% |
| Op Inc Chg 3Y Avg | 17.5% |
| Op Mgn LTM | 17.1% |
| Op Mgn 3Y Avg | 17.8% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 15.8% |
| CFO/Rev 3Y Avg | 16.1% |
| FCF/Rev LTM | 12.4% |
| FCF/Rev 3Y Avg | 13.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 126.1 |
| P/S | 4.0 |
| P/Op Inc | 24.6 |
| P/EBIT | 25.5 |
| P/E | 33.2 |
| P/CFO | 27.4 |
| Total Yield | 4.5% |
| Dividend Yield | 1.3% |
| FCF Yield 3Y Avg | 3.2% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -5.9% |
| 3M Rtn | -0.6% |
| 6M Rtn | 10.2% |
| 12M Rtn | 15.6% |
| 3Y Rtn | 134.2% |
| 1M Excs Rtn | -5.1% |
| 3M Excs Rtn | -2.6% |
| 6M Excs Rtn | -7.9% |
| 12M Excs Rtn | 1.3% |
| 3Y Excs Rtn | 60.7% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Aerospace Technologies | 17,510 | 15,458 | 13,624 | 11,827 | 11,026 |
| Industrial Automation | 9,401 | 10,051 | 10,756 | 11,638 | |
| Building Automation | 7,367 | 6,540 | 6,031 | 6,000 | 5,539 |
| Energy and Sustainability Solutions | 3,134 | 2,644 | 2,586 | 5,996 | |
| Corporate and All Other | 30 | 24 | 12 | 5 | 0 |
| Performance Materials and Technologies | 10,013 | ||||
| Safety and Productivity Solutions | 7,814 | ||||
| Total | 37,442 | 34,717 | 33,009 | 35,466 | 34,392 |
| $ Mil | 2021 | 2008 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|
| Aerospace Technologies | 3,051 | 2,300 | 1,479 | 1,221 | 1,358 |
| Performance Materials and Technologies | 2,120 | ||||
| Building Automation | 1,238 | ||||
| Safety and Productivity Solutions | 1,029 | ||||
| Other postretirement income | 71 | ||||
| Corporate and All Other | -226 | ||||
| Pension ongoing income | -1,083 | ||||
| Automation and Control Solutions | 1,622 | 894 | 843 | 890 | |
| Corporate | -204 | -158 | -142 | -154 | |
| Specialty Materials | 721 | 184 | 136 | 57 | |
| Transportation Systems | 406 | 575 | 461 | ||
| Transportation and Power Systems | 357 | ||||
| Total | 6,200 | 4,845 | 2,974 | 2,519 | 2,508 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Industrial Automation | 20,351 | 21,035 | |||
| Aerospace Technologies | 17,920 | 16,966 | 12,976 | 12,189 | 11,490 |
| Corporate and All Other | 16,594 | 15,375 | 11,752 | 14,708 | 17,174 |
| Building Automation | 10,883 | 11,438 | 6,723 | 6,599 | 6,543 |
| Energy and Sustainability Solutions | 7,933 | 5,351 | |||
| Performance Materials and Technologies | 19,732 | 17,887 | 18,021 | ||
| Safety and Productivity Solutions | 10,342 | 10,892 | 11,242 | ||
| Total | 73,681 | 70,165 | 61,525 | 62,275 | 64,470 |
Price Behavior
Price Behavior
| Market Price | $206.46 | |
| Market Cap ($ Bil) | 65.5 | |
| First Trading Date | 01/02/1970 | |
| Distance from 52W High | -16.8% | |
| 50 Days | 200 Days | |
| DMA Price | $224.48 | $222.23 |
| DMA Trend | up | down |
| Distance from DMA | -8.0% | -7.1% |
| 3M | 1YR | |
| Volatility | 28.9% | 26.5% |
| Downside Capture | 105.64 | 73.99 |
| Upside Capture | 36.03 | 66.76 |
| Correlation (SPY) | 15.8% | 36.8% |
HON Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.40 | 0.68 | 0.92 | 0.93 | 0.77 | 0.76 |
| Up Beta | 0.35 | 0.37 | 0.99 | 0.82 | 0.79 | 0.80 |
| Down Beta | 0.03 | -0.58 | 0.77 | 0.81 | 0.88 | 0.80 |
| Up Capture | 79% | 88% | 63% | 70% | 57% | 37% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 7 | 22 | 31 | 57 | 119 | 379 |
| Down Capture | 444% | 144% | 125% | 127% | 84% | 90% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 14 | 20 | 33 | 70 | 132 | 371 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HON | |
|---|---|---|---|---|
| HON | 4.5% | 26.4% | 0.13 | - |
| Sector ETF (XLI) | 13.5% | 17.2% | 0.57 | 59.0% |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | 36.8% |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | 23.0% |
| Commodities (DBC) | 46.9% | 20.6% | 1.76 | -16.0% |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | 32.7% |
| Bitcoin (BTCUSD) | -34.5% | 43.9% | -0.84 | 15.1% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HON | |
|---|---|---|---|---|
| HON | 1.6% | 22.5% | 0.01 | - |
| Sector ETF (XLI) | 12.4% | 17.6% | 0.54 | 69.7% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 59.3% |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | 14.3% |
| Commodities (DBC) | 11.3% | 19.5% | 0.45 | 7.9% |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | 49.6% |
| Bitcoin (BTCUSD) | 11.2% | 52.5% | 0.39 | 20.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HON | |
|---|---|---|---|---|
| HON | 9.4% | 24.0% | 0.38 | - |
| Sector ETF (XLI) | 13.1% | 20.1% | 0.57 | 80.4% |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | 69.7% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 7.6% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 22.2% |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | 59.2% |
| Bitcoin (BTCUSD) | 61.7% | 66.1% | 1.02 | 14.3% |
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Returns Analyses
Earnings Returns History
Updated 8/25/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/23/2026 | 5.7% | 3.5% | -6.0% |
| 4/23/2026 | -2.6% | -4.4% | 2.3% |
| 1/29/2026 | 4.9% | 8.6% | 13.0% |
| 10/23/2025 | 6.8% | 3.0% | -2.8% |
| 7/24/2025 | -6.2% | -7.2% | -8.7% |
| 4/29/2025 | 5.4% | 6.8% | 12.5% |
| 2/6/2025 | -5.6% | -7.8% | -3.0% |
| 10/24/2024 | -5.1% | -7.3% | 3.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 13 | 13 |
| # Negative | 14 | 12 | 12 |
| Median Positive | 3.7% | 4.2% | 4.0% |
| Median Negative | -3.4% | -4.3% | -3.6% |
| Max Positive | 6.8% | 11.3% | 24.5% |
| Max Negative | -7.6% | -7.8% | -10.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/23/2026 | 5.7% | 3.5% | -6.0% |
| 4/23/2026 | -2.6% | -4.4% | 2.3% |
| 1/29/2026 | 4.9% | 8.6% | 13.0% |
| 10/23/2025 | 6.8% | 3.0% | -2.8% |
| 7/24/2025 | -6.2% | -7.2% | -8.7% |
| 4/29/2025 | 5.4% | 6.8% | 12.5% |
| 2/6/2025 | -5.6% | -7.8% | -3.0% |
| 10/24/2024 | -5.1% | -7.3% | 3.1% |
| 7/25/2024 | -5.2% | -4.2% | -5.8% |
| 4/25/2024 | -0.9% | 0.3% | 2.9% |
| 2/1/2024 | -2.4% | -4.0% | -1.2% |
| 12/11/2023 | 3.0% | 4.5% | 4.0% |
| 10/26/2023 | -1.1% | 3.3% | 9.2% |
| 7/27/2023 | -5.7% | -7.4% | -10.6% |
| 4/27/2023 | 4.0% | 3.7% | 1.2% |
| 2/2/2023 | 0.3% | -2.2% | -4.3% |
| 10/27/2022 | 3.3% | 5.4% | 16.2% |
| 7/28/2022 | 3.7% | 4.3% | 9.7% |
| 4/29/2022 | 1.9% | 4.2% | 3.9% |
| 2/3/2022 | -7.6% | -5.3% | -9.2% |
| 10/22/2021 | -3.2% | -2.7% | -2.3% |
| 7/23/2021 | -1.5% | 0.1% | -1.8% |
| 4/23/2021 | -2.1% | -2.3% | -2.2% |
| 1/29/2021 | -3.7% | -1.1% | 2.1% |
| 10/30/2020 | 0.2% | 11.3% | 24.5% |
| SUMMARY STATS | |||
| # Positive | 11 | 13 | 13 |
| # Negative | 14 | 12 | 12 |
| Median Positive | 3.7% | 4.2% | 4.0% |
| Median Negative | -3.4% | -4.3% | -3.6% |
| Max Positive | 6.8% | 11.3% | 24.5% |
| Max Negative | -7.6% | -7.8% | -10.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/23/2026 | 10-Q |
| 03/31/2026 | 04/23/2026 | 10-Q |
| 12/31/2025 | 02/17/2026 | 10-K |
| 09/30/2025 | 10/23/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 04/29/2025 | 10-Q |
| 12/31/2024 | 02/14/2025 | 10-K |
| 09/30/2024 | 10/24/2024 | 10-Q |
| 06/30/2024 | 07/25/2024 | 10-Q |
| 03/31/2024 | 04/25/2024 | 10-Q |
| 12/31/2023 | 02/16/2024 | 10-K |
| 09/30/2023 | 10/26/2023 | 10-Q |
| 06/30/2023 | 07/27/2023 | 10-Q |
| 03/31/2023 | 04/27/2023 | 10-Q |
| 12/31/2022 | 02/10/2023 | 10-K |
| 09/30/2022 | 10/27/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/23/2026 | 10-Q |
| 03/31/2026 | 04/23/2026 | 10-Q |
| 12/31/2025 | 02/17/2026 | 10-K |
| 09/30/2025 | 10/23/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 04/29/2025 | 10-Q |
| 12/31/2024 | 02/14/2025 | 10-K |
| 09/30/2024 | 10/24/2024 | 10-Q |
| 06/30/2024 | 07/25/2024 | 10-Q |
| 03/31/2024 | 04/25/2024 | 10-Q |
| 12/31/2023 | 02/16/2024 | 10-K |
| 09/30/2023 | 10/26/2023 | 10-Q |
| 06/30/2023 | 07/27/2023 | 10-Q |
| 03/31/2023 | 04/27/2023 | 10-Q |
| 12/31/2022 | 02/10/2023 | 10-K |
| 09/30/2022 | 10/27/2022 | 10-Q |
| 06/30/2022 | 07/28/2022 | 10-Q |
| 03/31/2022 | 04/29/2022 | 10-Q |
| 12/31/2021 | 02/11/2022 | 10-K |
| 09/30/2021 | 10/22/2021 | 10-Q |
| 06/30/2021 | 07/23/2021 | 10-Q |
| 03/31/2021 | 04/23/2021 | 10-Q |
| 12/31/2020 | 02/12/2021 | 10-K |
| 09/30/2020 | 10/30/2020 | 10-Q |
| 06/30/2020 | 07/24/2020 | 10-Q |
| 03/31/2020 | 05/01/2020 | 10-Q |
| 12/31/2019 | 02/14/2020 | 10-K |
| 09/30/2019 | 10/17/2019 | 10-Q |
Insider Activity
Updated 8/3/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | West, Kenneth J | Pres/CEO Process Technologies | Direct | Sell | 8032026 | 245.47 | 316 | 77,569 | 491,922 | Form |
| 2 | West, Kenneth J | Pres/CEO Process Technologies | Direct | Sell | 7292026 | 243.77 | 17,032 | 4,151,891 | 519,718 | Form |
| 3 | West, Kenneth J | Pres/CEO Process Technologies | Direct | Sell | 3032026 | 242.70 | 873 | 211,877 | 793,144 | Form |
| 4 | Currier, James E | Pres/CEO Aero Technologies | Direct | Sell | 3032026 | 243.65 | 2,248 | 547,725 | 1,102,029 | Form |
| 5 | Lieblein, Grace | Direct | Sell | 2242026 | 243.73 | 5,847 | 1,425,089 | 3,628,652 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | West, Kenneth J | Pres/CEO Process Technologies | Direct | Sell | 8032026 | 245.47 | 316 | 77,569 | 491,922 | Form |
| 2 | West, Kenneth J | Pres/CEO Process Technologies | Direct | Sell | 7292026 | 243.77 | 17,032 | 4,151,891 | 519,718 | Form |
| 3 | West, Kenneth J | Pres/CEO Process Technologies | Direct | Sell | 3032026 | 242.70 | 873 | 211,877 | 793,144 | Form |
| 4 | Currier, James E | Pres/CEO Aero Technologies | Direct | Sell | 3032026 | 243.65 | 2,248 | 547,725 | 1,102,029 | Form |
| 5 | Lieblein, Grace | Direct | Sell | 2242026 | 243.73 | 5,847 | 1,425,089 | 3,628,652 | Form | |
| 6 | Davis, D Scott | Direct | Sell | 2202026 | 240.00 | 2,367 | 568,080 | 7,459,440 | Form | |
| 7 | Mailloux, Robert D | Vice President & Controller | Direct | Sell | 2092026 | 239.00 | 5,274 | 1,260,486 | 1,147,917 | Form |
| 8 | Mailloux, Robert D | Vice President & Controller | Direct | Sell | 2032026 | 229.00 | 10,549 | 2,415,721 | 1,099,887 | Form |
| 9 | Boldea, Lucian | President and CEO, IA | Direct | Sell | 8282025 | 221.58 | 42,149 | 9,339,396 | 2,289,813 | Form |
| 10 | West, Kenneth J | President and CEO, ESS | Direct | Sell | 8042025 | 218.10 | 3,448 | 752,026 | 328,248 | Form |
Investor Activity (13F)
Updated Sep 19, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Unisphere Establishment | $926.7 Mil | 7.8% | 50 | Hold | 13F |
| J. Stern & Co. LLP | $62.2 Mil | 6.0% | 49 | TRIM -99.5% | 13F |
| Blue Whale Capital LLP | $97.1 Mil | 4.6% | 26 | ADD +152.3% | 13F |
| Haverford Financial Services, Inc. | $13.7 Mil | 4.1% | 46 | Hold | 13F |
| St. James Investment Company, LLC | $22.7 Mil | 3.6% | 22 | Hold | 13F |
| Randolph Co Inc | $35.9 Mil | 3.4% | 43 | Hold | 13F |
| Saybrook Capital /NC | $11.4 Mil | 3.1% | 42 | Hold | 13F |
| Codex Capital Asset Management L.L.C. | $7.6 Mil | 2.9% | 31 | Hold | 13F |
| Sava Penzisko Drushtvo A.D. Skopje | $7.2 Mil | 2.2% | 26 | Hold | 13F |
| Saratoga Research & Investment Management | $37.5 Mil | 2.1% | 46 | ADD +18.8% | 13F |
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | As Of | Filing |
|---|---|---|---|---|---|---|
| Estuary Capital Management LP | $25.8 Mil | 4.6% | 23 | Exited | Dec 31, 2025 | 13F |
| Agave Capital Management Ltd | $23.2 Mil | 3.9% | 23 | Exited | Dec 31, 2025 | 13F |
| Masters Capital Management LLC | $19.5 Mil | 2.7% | 43 | Exited | Dec 31, 2025 | 13F |
| Vantage Wealth | $18.5 Mil | 4.0% | 30 | Exited | Dec 31, 2025 | 13F |
| National Mutual Insurance Federation of Agricultural Cooperatives | $13.9 Mil | 0.1% | 42 | Exited | Dec 31, 2025 | 13F |
| J. Stern & Co. LLP | $62.2 Mil | 6.0% | 49 | TRIM -99.5% | Mar 31, 2026 | 13F |
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Unisphere Establishment | $926.7 Mil | 7.8% | 50 | Hold | 13F |
| Blue Whale Capital LLP | $97.1 Mil | 4.6% | 26 | ADD +152.3% | 13F |
| J. Stern & Co. LLP | $62.2 Mil | 6.0% | 49 | TRIM -99.5% | 13F |
| Saratoga Research & Investment Management | $37.5 Mil | 2.1% | 46 | ADD +18.8% | 13F |
| Randolph Co Inc | $35.9 Mil | 3.4% | 43 | Hold | 13F |
| St. James Investment Company, LLC | $22.7 Mil | 3.6% | 22 | Hold | 13F |
| Haverford Financial Services, Inc. | $13.7 Mil | 4.1% | 46 | Hold | 13F |
| Saybrook Capital /NC | $11.4 Mil | 3.1% | 42 | Hold | 13F |
| Codex Capital Asset Management L.L.C. | $7.6 Mil | 2.9% | 31 | Hold | 13F |
| Sava Penzisko Drushtvo A.D. Skopje | $7.2 Mil | 2.2% | 26 | Hold | 13F |
HON Trade Sentinel
Stock Conviction
Constructive
CONVICTION RATIONALE
Conviction is constructive, centered on an operational inflection. Strong leading indicators, including 16% organic order growth and a 9% backlog increase, suggest the new pure-play automation strategy is working. Management raised full-year guidance, but the story requires delivering on guided second-half improvements in margins and cash flow to be validated.
STOCK ARCHETYPE
Installed Base Monetization(Size of Installed Base * Service/Aftermarket/Software Attachment Rate) + (Volume of New Product & Project Sales * Average Selling Price) Mix shift towards higher-margin, recurring software and services revenue, and operational leverage from increased volumes in the core automation businesses.
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INVESTMENT THESIS
Evidence suggests an inflection is underway for the newly streamlined company, led by strong demand in high-growth verticals.
Mechanism:
Accelerating orders (16% in Q2) and a 1.1 book-to-bill ratio are filling the backlog, setting up future revenue.
Supporting Evidence:
- Q2 2026 organic orders accelerated to 16% growth.
- The book-to-bill ratio was 1.1 in Q2, increasing the backlog by 9%.
PRIMARY RISK
Trailing results show significant margin compression and very poor cash conversion, suggesting the turnaround is struggling to translate orders into high-quality earnings.
Mechanism:
A failure to achieve the guided 'sharp growth inflection' in Process Automation in the second half would signal the recovery has stalled.
Supporting Evidence:
- Trailing-twelve-month operating margin fell 2.1 percentage points to 16.6%.
- Cash from operations was less than net income over the last year.
- The company's operating margin lags key peer Emerson Electric's 20.7%.
- Shareholder returns were not fully funded by free cash flow last year.
- Management cited 'ongoing collection headwinds in the Middle East'.
Key KPI Watchlist
| KPI | Status | Rationale |
|---|---|---|
| Organic Orders Growth | 16% organic growth in Q2 2026 - Accelerating | After a significant slowdown in Q1 2026, organic orders growth rebounded sharply in the latest quarter. Management noted broad-based demand across all segments, with double-digit growth in short-cycle orders, providing confidence in the second-half outlook. |
| Backlog Growth | Up 9% in Q2 2026 - Decelerating | While the year-over-year growth rate of the backlog has decelerated, the absolute backlog continues to grow, supported by a book-to-bill ratio of 1.1 in the latest quarter. This provides a solid foundation for future revenue. |
| Book-to-Bill Ratio | 1.1 (Q2 2026) | A ratio indicating that more orders were received than were filled (billed as revenue) leads to an increase in backlog and signals future revenue growth. |
Core Investment Debate
Leading Indicators vs. Lagging Profits
BULL VIEW
Bulls focus on the 16% Q2 order growth and raised full-year guidance as proof the new strategy is working and that profits will follow.
CORE TENSION
Can the 16% order growth and 1.1 book-to-bill offset the 2.1 point TTM margin decline and poor cash conversion that has concerned investors?
PREVAILING SENTIMENT
CAUTIOUSLY BULLISH
The latest evidence favors the bulls. The market rewarded the Q2 results with a 4.0% stock outperformance, prioritizing the strong forward-looking orders and raised guidance.
BEAR VIEW
Bears point to the 2.1 percentage point drop in trailing operating margin and poor cash conversion as signs of deeper operational issues.
Next 6 months: Risks and Catalysts
| Timeline | Event & Metric To Watch |
|---|---|
10/19/2026 | Peer Read-Across Signals Weakness Watch: RTX and GE guidance and commentary on commercial aftermarket, defense, and industrial end markets for signs of sector-wide slowdown. |
10/21/2026 | Process Automation Inflection Fails Watch: Segment results for Process Automation and Technology. Any miss on the guided 'sharp inflection' would undermine full-year guidance. |
11/2/2026 | Peer JCI Earnings Report Watch: Peer Johnson Controls International is scheduled to report earnings. |
11/2/2026 | Peer Eaton Earnings Report Watch: Peer Eaton is scheduled to report earnings. |
second half of 2026 | Process Automation Growth Inflection Watch: Company expects a sharp growth inflection in Process Automation and Technology. |
exit the year | Year-End Margin Target Watch: Company expects to exit the year with segment margin above 22%. |
No set date | Middle East Conflict Escalation Watch: News flow on regional conflicts. Any escalation could disrupt logistics, delay projects, and worsen collection issues beyond current guidance. |
Key Events in Last 6 Months
| Date | Event | Stock Impact |
|---|---|---|
2026-08-03 | PSS Business Divestiture Completed Details: The company completed the sale of its Productivity Solutions and Services (PSS) business to Brady Corporation, marking the final step in its transition to a pure-play automation company. | +2.4% $242.32 -> $248.05 |
2026-07-23 | Q2 Earnings Beat, Guidance Raised Details: Honeywell reported Q2 results and raised its full-year outlook for organic growth, segment margin, and adjusted EPS. The stock reacted +4.0% around the earnings call. | +4.4% $232.29 -> $242.42 |
2026-07-17 | Johnson Matthey Acquisition Completed Details: The company completed its acquisition of Johnson Matthey's Catalyst Technologies business for £1.325 billion in an all-cash transaction. | -0.1% $225.65 -> $225.50 |
2026-06-05 | Aerospace Spin-off Details Announced Details: The Board set a record date of June 15, 2026, and an expected distribution date of June 29, 2026, for the spin-off of Honeywell Aerospace. | -2.7% $219.05 -> $213.18 |
2026-05-08 | Quantinuum Files for IPO Details: Honeywell announced that its quantum computing company, Quantinuum, publicly filed a registration statement on Form S-1 for a proposed initial public offering. | +1.4% $216.29 -> $219.33 |
2026-04-23 | Q1 Earnings Reported Details: The company reported Q1 results, reaffirmed its 2026 outlook, and announced the sale of its Warehouse and Workflow Solutions business. The stock reacted -3.0% around the earnings call. | -3.1% $220.19 -> $213.38 |
2026-03-20 | Debt Tender Offers Priced Details: The company announced the pricing for its previously announced cash tender offers for multiple series of its outstanding debt securities. | -2.6% $229.26 -> $223.23 |
Risk Management
Position Sizing
4% - 6%
NORMAL POSITION
Sizing is volatility-based: HON trades at roughly 29% annualized options-implied volatility versus about 13% for the S&P 500 (2.2x the market), around the 78th percentile of its own trailing year. A 4% - 6% position keeps a single-name swing of that size within a diversified portfolio's risk budget.
Diversification Alternatives
ETN - Eaton
Superior ExecutionEaton demonstrates stronger operational performance, with trailing-twelve-month revenue growth of 15.5% and an operating margin of 17.7%, both superior to Honeywell's.
Core Thesis: A play on strong industrial cycle execution with a proven track record of converting growth into profitability.
EMR - Emerson Electric
Higher-Margin NicheEmerson Electric has a significantly higher-margin profile, with a 53.2% gross margin and 20.7% operating margin, suggesting a stronger position in premium, high-performance automation markets.
Core Thesis: Exposure to the automation trend through a company with peer-leading profitability and pricing power.
How Is The Market Pricing HON?
A newly focused pure-play automation company leveraging its vast installed base to drive higher-margin, recurring software and services revenue in secular growth markets.
Following its transformation via spin-offs and divestitures, Honeywell is now a streamlined automation business. The core strategy is to grow its large installed base of equipment and then monetize it through software, services, and outcome-based solutions. The company is pivoting towards high-growth verticals like data centers and LNG, which are benefiting from compelling megatrends, to accelerate growth and expand margins.
What will confirm the thesis
Sustained double-digit order growth, particularly in high-growth verticals and software/services; continued margin expansion ahead of targets; successful integration of acquisitions like Johnson Matthey's catalyst business.
What will damage the thesis
A stall in order momentum, failure to achieve guided margin expansion, or an inability to successfully execute the turnaround in the Industrial Automation segment.
Noise: Real but irrelevant to thesis
Short-term quarterly fluctuations in catalyst shipment timing within the Process Automation segment; minor stock price movements unrelated to fundamental order or margin trends.
Repricing Catalyst
Delivering on the raised 2026 guidance and demonstrating accelerating growth and margin expansion in the second half of the year, proving the success of the post-spin strategy.
What HON Makes & Who Pays
TTM figures based on fiscal year 2025 filings (the latest reported segment data)
Building Automation
$7.4B TTM (20% of Total)What It Is
Sells unified building automation solutions including products (fire detection, controls), hardware, software, and analytics to building owners and occupants.
Who Pays & How
Building owners and operators pay to convert buildings into safe, sustainable, and integrated assets. They choose Honeywell for its integrated systems, AI-enabled solutions, and ability to manage performance over a building's lifecycle.
A mix of product sales through channel partners and integrated solutions sales, complemented by installation, maintenance, and upgrade services.
Competition
Johnson Controls, Schneider Electric, Siemens
The company's moat is its industry-leading channel partner network for products and its ability to provide integrated systems and differentiated automation technologies, all enhanced by the Honeywell Forge software platform.
Industrial Automation
$9.4B TTM (25% of Total)What It Is
Provides sensing and measurement solutions for mission-critical applications to customers in verticals including energy, aerospace and defense, medical devices, and semiconductors.
Who Pays & How
Customers in diversified verticals pay for solutions that improve operational efficiency, asset effectiveness, and safety. They choose Honeywell for its comprehensive suite of solutions including sensors, gas detection, and controls, anchored in the Honeywell Forge platform.
A mix of product sales (sensors, switches, gas detection) and solutions, including aftermarket services and high-value digital services.
Competition
Emerson Electric, Itron, MSA Safety Incorporated, Rockwell Automation, TE Connectivity, Zebra Technologies
The company's moat is its comprehensive suite of solutions, aftermarket services, and connected digital services anchored in Honeywell Forge, serving mission-critical applications across diverse verticals.
HON Evolution: Price Return by Era
Pre-2023 · Diversified Industrial Conglomerate
+0%
Prior to recent transformations, Honeywell operated as a large, diversified industrial conglomerate with major businesses in Aerospace, Building Technologies, Performance Materials, and Safety & Productivity Solutions. Revenue growth was modest, with a cumulative 0% TTM revenue growth over the three years leading up to mid-2026.
2025-2026 · Portfolio Transformation
+0%
The company underwent a significant portfolio transformation, including the spin-off of its Advanced Materials business (Solstice) in October 2025 and its Aerospace Technologies business in June 2026. It also divested its Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and acquired Johnson Matthey's Catalyst Technologies business to sharpen its focus.
Post-June 2026 · Pure-Play Automation Focus
+6%
Following the major portfolio moves, the company emerged as Honeywell Technologies, a pure-play automation company. The strategy is now centered on growing and monetizing its installed base in the building, industrial, and process sectors through services, software, and new product innovation, with a focus on high-growth verticals.
Market Appears To Be Skeptical Of Core Thesis
Price structure is in a downtrend. Multiple SMA levels broken and declining. Thesis requires reclaiming 200D before any bull case is credible. Relative to SPY: Significantly underperforming and deteriorating. Potential evidence of capital being actively rotating away. Volume and momentum are deeply bearish. The sustained distribution is evident across multiple volume metrics. Earnings history is supportive. The reaction and drift are both positive, and the market is accepting the narrative. NOTE: Structure and earnings history are contradicting each other. The price trend says one thing, and the market reaction to catalysts says another. Treat this with caution and weigh the most recent earnings event heavily.
① Structure
-3
Structural pillar score (-4 to +4). Driven by trend regime, SMA cross events, proximity to 52W high, and relative strength vs SPY.
② Volume / Momentum
-3
Volume/Momentum pillar score (-4 to +4). Driven by institutional footprint score, OBV divergence, and momentum character.
③ Catalyst
+2
Catalyst pillar score (-4 to +4). Driven by earnings day reaction, 20D post-earnings drift, and post-earnings volume character.
Combined Score
-4 / 12
1
Price Structure & Trend
Broken In Short Term · -
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2
Momentum
Deteriorating
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3
Relative Strength vs. SPY
Strong Underperformance
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4
Institutional Footprint & Volume
Mild Distribution
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5
Volatility
Normal
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6
Key Price Levels
Range · Vol Rising
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7
Earnings Reaction History
Emerging Resilience
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8
How the Verdict Is Derived
Three Pillars
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Honeywell International — Investor Video Playlist
Investor / Analyst
Honeywell Q4 2026 Guidance Call | Management Reaffirms Full-Year Guidance Ahead Of Investor Day
Products & Services
Honeywell and NHL Partner to Drive a New Era of Intelligent, Digitally Enabled Venues
Products & Services
We Make Cool Things in Poole, UK
Products & Services
We Make Cool Things in Tempe, Arizona
Products & Services
We Make Cool Things in Mainz, Germany
Leadership
Anant Maheshwari on Solving Energy’s Toughest Challenges
Leadership
Inside the AI & Energy Intersection
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Industrial Conglomerates Resources |
| Bloomberg Businessweek |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 9/18/2026