Stock Price & Analysis

Based on the recent data and market analysis, here's a concise assessment of HON stock:

Technical Analysis

• HON is currently trading at $222.58, showing a slight decline of -0.05% in the last session
• The stock is trading in a consolidation pattern between support at $220.34 and resistance at $228.32
• RSI at 47.08 indicates neutral momentum, while MACD at -1.69 suggests some bearish pressure

Fundamental Factors

• Recent analyst actions are mixed but generally positive:
  • Barclays maintains Buy rating with $260 target (16.8% upside)
  • JPMorgan holds Neutral rating with $231 target (5.2% upside)
  • Citigroup maintains Strong Buy with $266 target (21.4% upside)

Recent Developments

• The company is considering separating its aerospace segment, which could unlock shareholder value
• Elliott Investment Management has taken a $5B position and is pushing for the breakup to improve operational efficiency

Conclusion HOLD recommendation for HON stock at current levels. While the potential aerospace segment separation could create value, the stock is currently in a consolidation phase technically. Wait for either:

1. A clear breakout above $228.32 for a buy signal
2. More clarity on the aerospace separation plans
3. A pullback to strong support around $220.34 for a better entry point

Based on the provided data and market analysis, here's the price prediction for Honeywell (HON) stock in 2025:

Honeywell stock is projected to reach $245-255 by end of 2025, representing a 10-15% upside from current levels, driven by the potential aerospace segment spin-off and strong operational improvements. The company's strategic transformation under CEO Vimal Kapur, including $9 billion in acquisitions and planned divestitures, positions HON for enhanced growth in automation, aviation, and energy transition sectors.

The recent activist investor Elliott Investment Management's $5 billion stake and push for company restructuring could unlock significant shareholder value through operational efficiency improvements and simplified business structure. The aerospace segment separation, if executed successfully, could mirror GE's successful breakup strategy that created substantial shareholder value.

The S1 support level for HON Stock is $216.23 ,The R1 resistant level for HON Stock is $227.21.

As of the end of day on 2025-01-24, the price of HON Stock was $221.3.

The target price for HON Stock according to analyst rating is 249.31, with the highest price target at 298.00 and the lowest at 210.00. Analysts have a Moderate Buy rating on HON Stock overall.

The market cap of HON is $144.0B.

Based on the provided data, here's a concise analysis of HON's valuation:

Valuation Analysis: HON currently trades at a P/E of 23.8x, which is relatively high compared to its historical average. The EV/EBITDA ratio of 16.6x also suggests a premium valuation compared to industrial sector peers.

Recent Price Action: The stock is currently trading at $222.58, showing weakness with a -0.05% change in the last regular market session. The stock has been trading in a tight range between $222.29 and $226.87.

Analyst Consensus: Recent analyst actions indicate mixed sentiment. Barclays maintains a Buy rating with a $260 target (16.8% upside), while JP Morgan holds a neutral stance with a $231 target. Notably, Citigroup remains bullish with a $266 target, citing potential aerospace business value.

Key Concerns: The stock's high P/B ratio of 7.72x and modest dividend yield of 2.11% suggest the stock is trading at a premium to its book value while offering only moderate income potential.

Conclusion: HON appears overvalued at current levels based on:

1. Premium valuation metrics across P/E, EV/EBITDA, and P/B ratios
2. Mixed analyst sentiment with recent price target reductions
3. Technical weakness in recent trading sessions
4. Limited dividend yield compensation for current valuation levels
5. Concerns over aerospace business uncertainty as highlighted by analysts

Honeywell International Inc. delivers industry specific solutions that include aerospace products and services, control technologies for buildings and industry, and performance materials globally. The Company has four segments. The Company’s Aerospace segment supplies products, software, and services for aircrafts that it sells to original equipment manufacturers (OEM) and other customers in various end markets. Its Honeywell Building Technologies segment offers products, software, solutions, and technologies that enable building owners and occupants to ensure their facilities are safe, energy efficient, sustainable, and productive. Its Performance Materials and Technologies segment is engaged in developing and manufacturing performance chemicals and materials, process technologies and automation solutions. Its Safety and Productivity Solutions segment provides products and software that improve productivity, workplace safety, and asset performance to customers around the globe.

Based on the available data and market analysis, here is the price prediction for Honeywell (HON) stock by 2030:

HON stock is projected to reach $375-400 by 2030, driven by its strategic transformation into two focused companies (Aerospace and Automation) which should unlock significant shareholder value. The company's strong positioning in automation, aviation, and energy transition megatrends, combined with its proven track record of industry-beating returns supports this bullish outlook.

The recent technical indicators showing RSI at 47.08 and negative MACD of -1.69 suggest some near-term consolidation, but the long-term fundamentals remain solid with high ratings from investment models and strong interest from institutional investors like Elliott Investment Management.

HON has a total of 95000 employees.