Honeywell International Inc. - Common Stock (HON) Stock Analysis — Latest Investor Quotes & Trade Calls

Honeywell Faces Double Downgrade, Signaling Sell

+1.23%final return

"Very briefly, Honeywell >> just quick. >> Uh yeah, shares of the space automation technology are down uh more than 2% today. It comes a double downgrade from Bank of America from buy to sell. A lot of pressure there. The company's down 10% year to date. This is the only sale rating, but clearly a lot of pressure from a double downgrade."

Honeywell is under significant pressure following a double downgrade from Bank of America, shifting its rating from buy to sell. With its shares already down 10% year to date and facing further short-term declines, the commentary serves as a clear, actionable signal for traders.

Building a Position in Honeywell (HON)

+43.64%current return

"And that leads us to stock number three, which is going to be Honeywell, stock ticker HON. And when it comes to Honeywell, there's a lot of similarities to why we're upbeat on the likes of Boeing. Because when you look at the segments of Honeywell, aerospace is their largest segment. But at the same time, this is a very diversified company. The company currently has a market cap of $125 billion. Over the past 12 months, though, shares are down 5% and year-to-date down 13%. So, when it comes to moving forward, and again, I'm a long-term investor, so I'm not necessarily looking for big pops so that I can get into a stock and then make my profit and get out. These are positions I'm looking to build upon. In addition, Q3 earnings beat on both the top and bottom lines with increased full-year guidance, and analysts rate the stock a buy with a 12-month price target of $248 per share, implying 26% upside."

The speaker discusses Honeywell as a position to build for long-term investors, despite a recent decline in share price. Emphasizing its diversification and steady earnings growth, he highlights a buy rating with a 12-month price target suggesting 26% upside.

Honeywell Beats Earnings with Aerospace Momentum

"Well, this is telling us the key theme that aerospace commercial aerospace is doing very well this quarter. Honeywell up 4 and a.5% raised its fullear outlook and reported earnings that beat expectations boosted by the company\"s aerospace unit ahead of a planned breakup in the middle of next year. It plans to spin out its aerospace and automation business. Now this conglomerate houses aerospace building technologies, safety technologies and performance materials. But these results from Honeywell were really the latest to highlight the momentum for commercial aerospace manufacturers. We had positive news from GE Aerospace and RTX earlier this week. So really following along with the trend there. Now sales at Honeywell\"s aerospace unit jumped 15% in the most recent quarter."

Honeywell delivered strong earnings driven by its aerospace unit, raising its outlook and underscoring the robust momentum in the commercial aerospace sector ahead of its planned spin-off.