3M Sees Increase in Safety & Industrial Revenues in Q3: Will the Growth Continue?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2025
0mins
Source: NASDAQ.COM
3M's Performance: 3M's Safety and Industrial segment saw a 4.1% year-over-year revenue increase in Q3 2025, contributing 44.8% to total sales, driven by strong demand in personal safety and industrial markets.
Challenges and Growth Outlook: Despite facing challenges in the automotive aftermarket and roofing granule business, 3M is well-positioned for steady growth due to rising demand for personal safety and electrical infrastructure products.
Peer Comparisons: Honeywell's Building Automation segment reported an 8% revenue increase, while Carlisle's Construction Materials segment saw a modest 0.3% growth, highlighting varying performance among industry peers.
Stock Performance and Valuation: 3M shares have risen 28.3% over the past year, outpacing the industry, but the stock trades at a higher forward P/E ratio of 19.89X compared to the industry average of 11.68X, with a Zacks Rank of #3 (Hold).
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Analyst Views on HON
Wall Street analysts forecast HON stock price to rise
15 Analyst Rating
8 Buy
6 Hold
1 Sell
Moderate Buy
Current: 214.340
Low
195.00
Averages
235.07
High
262.00
Current: 214.340
Low
195.00
Averages
235.07
High
262.00
About HON
Honeywell International Inc. is an integrated operating company serving a range of industries and geographies around the world, with a portfolio that is underpinned by its Honeywell Accelerator operating system and Honeywell Forge platform. The Company provides actionable solutions for aerospace, building automation, industrial automation, process automation, and process technology. The Company supplies products, software, and services for aircrafts that it sells to original equipment manufacturers (OEM) and other customers in a variety of end markets. The Company’s portfolio of solutions and services is used in buildings worldwide for fire prevention, controls, access and security. Its offerings serve as the fundamental building blocks of industrial automation. Its sensor technologies and value-added smart edge devices offer connectivity across a variety of sensing and measurement applications. The Company offers a comprehensive portfolio of end-to-end process automation solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Spin-off Plans: The company plans to complete its aerospace business spin-off by June 29, 2026, which is expected to enhance focus and improve investor confidence, while also entering an all-cash deal with American Industrial Partners to sell its warehouse and workflow solutions business.
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See More
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- Net Income Decline: Under GAAP, net income plummeted from nearly $1.47 billion in Q1 2025 to $795 million, indicating a significant deterioration in profitability.
- Segment Performance: While three of Honeywell's four divisions saw sales growth—Aerospace up 4% to over $4.3 billion, Building Automation up 11% to nearly $1.9 billion, and Process Automation up 5% to just over $1.5 billion—the Industrial Automation segment fell 11% to $1.4 billion, negatively impacting overall performance.
- Future Outlook: Honeywell maintained its 2026 sales guidance of $38.8 billion to $39.8 billion, with adjusted net income expected between $10.35 billion and $10.65 billion, despite market unease regarding the future after the aerospace spin-off.
See More
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- Significant Net Income Decline: Under GAAP, net income plummeted from nearly $1.47 billion in Q1 2025 to $795 million, indicating a substantial weakening in the company's profitability.
- Diverse Business Unit Performance: The aerospace division saw a nearly 4% sales increase to over $4.3 billion, while building automation improved by 11% to almost $1.9 billion; however, industrial automation fell by 11% to $1.4 billion, highlighting varying market dynamics across segments.
- Maintained Full-Year Guidance: Despite the impending spin-off of its aerospace business, Honeywell has kept its 2026 sales guidance at $38.8 billion to $39.8 billion, projecting at least 3% growth, which reflects management's confidence in future performance.
See More
