Updated: Friday, December 12, 2025 (U.S. market close) [1]
Company: Honeywell International Inc. (NASDAQ: HON)
Honeywell stock closed Friday, Dec. 12 at $193.66, slipping 0.10% on the day as U.S. equities finished broadly lower. [2]
For the week, HON ended modestly higher: it rose from $191.99 (close on Dec. 8) to $193.66 (close on Dec. 12)—a gain of about 0.9%. [3]
That relatively steady week masks a busy backdrop for investors: Honeywell released multiple company updates in the past several days—from new “smart venue” building automation wins to board changes—while the macro picture shifted after the Federal Reserve’s Dec. 9–10 meeting and a quarter-point rate cut. [4]
Below is a detailed, news-driven view of what moved Honeywell this week—and what could matter most in the week ahead.
HON stock this week: a calm finish during a rough market day
On Friday, the S&P 500 fell 1.07% and the Dow dropped 0.51%—yet Honeywell’s move was minimal, down 0.10% to $193.66. [5]
Trading volume in Honeywell on Dec. 12 was roughly 2.8 million shares (per StockAnalysis), in line with a typical day for the name. [6]
A key takeaway from this week’s tape: HON traded more like a “quality industrial defensive” than a high-beta cyclical, even as macro headlines intensified.
The latest Honeywell news (last few days) investors are digesting
1) Honeywell + Charlotte Hornets: “smart building” automation partnership (Dec. 12)
On Dec. 12, Honeywell and Hornets Sports & Entertainment announced a multi-year partnership that names Honeywell the Official Building Automation Partner for the Charlotte Hornets, with deployments across Spectrum Center and the Novant Health Performance Center (under development). [7]
Honeywell said it will implement solutions spanning:
- Unified security and access controls (LenelS2 OnGuard)
- AI-powered building management (Honeywell Connected Solutions built on Honeywell Forge)
- Life safety systems (XLS4000 fire detection)
- Systems integration (Enterprise Buildings Integrator) [8]
Why it matters for the stock: This is not “earnings tomorrow” news—but it supports a core Honeywell equity narrative: automation + software + services embedded into essential infrastructure and high-visibility venues.
2) Honeywell wins Australia water-infrastructure automation work (Dec. 10)
Also on Dec. 10, Honeywell announced it was selected by Fitzroy River Water (Rockhampton Regional Council) to modernize and automate key water facilities as capacity expands. Honeywell said it will deploy Experion PKS SCADA R530 to support remote operations and monitoring across sites. [9]
Why it matters: This reinforces demand for industrial digitalization and cybersecurity-enhanced operations—important themes for Honeywell’s automation footprint.
3) Indra Nooyi appointed to Honeywell board (effective Jan. 1, 2026) (Dec. 10)
Honeywell announced on Dec. 10 that its board appointed Indra Nooyi (former PepsiCo CEO and Chair) as an Independent Director, effective January 1, 2026. [10]
Why it matters: Board refreshes rarely move shares on their own, but investors often read them as a signal of governance priorities and strategic oversight—notably relevant while Honeywell continues reshaping its portfolio and reporting structure.
4) Honeywell selected for UK carbon capture projects (Dec. 4)
On Dec. 4, Honeywell said it was selected by Technip Energies to provide integrated automation and safety technologies for Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP)—two major UK carbon capture and storage developments. [11]
Why it matters: Honeywell continues positioning around the energy transition (automation + controls + safety), a pillar management highlights as a long-run growth driver.
The bigger catalyst: Honeywell’s multi-year separation plan and reporting changes
While the past week’s headlines were mostly operational and commercial, the largest strategic theme around Honeywell remains its separation roadmap:
- Honeywell has said the Aerospace Technologies separation is expected in the second half of 2026. [12]
- In October, Honeywell also detailed that its segment reporting will change effective Jan. 1, 2026, with the new segmentation reflected beginning with Q1 2026 reporting. [13]
- The same release discussed the expected completion timing for the Solstice Advanced Materials separation around Oct. 30, 2025. [14]
- Reuters later reported Honeywell appointed Jim Currier as CEO of the aerospace unit ahead of the planned spin and noted Solstice began trading independently on Nasdaq after separation. [15]
From an investor standpoint, these actions keep HON in a “portfolio re-rating” conversation: the market is constantly reassessing what the post-separation Honeywell could look like—especially how profitable and durable the remaining automation-heavy company can be.
Wall Street forecasts: what analysts are projecting for HON stock now
Analyst outlooks remain mixed-to-positive—but with a wide dispersion that highlights debate about Honeywell’s medium-term growth profile.
Consensus price targets (what the Street implies)
- MarketWatch lists an average target price of $234.74, with targets ranging from $195 (low) to $271 (high). [16]
- StockAnalysis shows a price target around $242.08 (provider-based aggregation). [17]
- Nasdaq.com (summarizing market data) cited an average one-year target near $248.99 (as of Nov. 17, 2025). [18]
Notable recent rating/target actions investors have referenced
- Deutsche Bank trimmed its target slightly to $264 while maintaining a Buy rating (Dec. 8). [19]
- Barclays lowered its target to $269 and kept an Overweight stance (Dec. 4). [20]
- In November, Bank of America drew attention for a rare double downgrade and a target cut to $205 (coverage highlighted by Barron’s and TipRanks). [21]
How to read this: Analysts who stay bullish tend to emphasize aerospace durability and portfolio simplification upside, while bears focus on slower growth expectations and separation complexity.
Honeywell fundamentals snapshot: valuation, dividend, and where the stock sits in its range
As of Dec. 12, Honeywell’s market cap was about $122.95 billion. [22]
Key valuation and income markers frequently cited by market data providers include:
- P/E (ttm): ~20.44; Forward P/E: ~18.85 [23]
- Dividend: about $4.76 annualized, implying a yield around ~2.4% in this price area [24]
- Honeywell’s latest quarterly dividend listed on its IR page is $1.19 per share, with an ex-date of Nov. 14, 2025 and pay date of Dec. 5, 2025. [25]
- Over the past year, investing data sources show HON down in the mid-teens, with a 52-week range cited around $179.36 to $241.72. [26]
The positioning matters for sentiment: a stock that’s well off its highs but holding above its lows often becomes a battleground between “value + dividend support” buyers and “growth skepticism” sellers.
Week ahead outlook (Dec. 15–19): what could move HON next
Honeywell doesn’t appear to have a scheduled earnings event next week (the next report is expected later in winter, depending on the calendar source). [27]
That means macro data and rates may be the primary drivers of short-term moves.
1) Fed policy after the Dec. 9–10 meeting
The Fed’s calendar confirms the Dec. 9–10, 2025 FOMC meeting just concluded. [28]
Major outlets reported the Fed cut rates by 25 bps to a 3.5%–3.75% range. [29]
Why it matters for Honeywell: Industrials often trade on expectations for economic momentum and financing conditions, and Honeywell’s valuation can be sensitive to changes in the rate outlook.
2) A data-heavy U.S. economic calendar
Previews for the week of Dec. 15 point to multiple high-impact releases—especially labor, inflation, and consumption data. [30]
MarketWatch’s weekly calendar also flags key U.S. reports and Fed speakers starting Monday. [31]
What Honeywell traders typically watch most in that mix:
- Inflation prints (CPI) → influences rate expectations and equity multiples
- Retail sales / jobs data → shapes growth outlook for cyclical and industrial demand
- Industrial production → offers a real-time pulse on manufacturing momentum (relevant to automation narratives)
3) Company-specific “watch items” that can surface anytime
Even without scheduled earnings, Honeywell can still move on:
- Additional contract wins (especially in automation and energy transition)
- Updates tied to the Aerospace 2026 separation timeline and 2026 segment reporting [32]
- Analyst note flow (price targets and rating changes have been active in recent weeks) [33]
Bull case vs. bear case: a practical checklist for HON stock right now
Potential bullish drivers
- Continued strength in aerospace demand has been a key theme in recent quarters, supporting Honeywell’s results and guidance. [34]
- “Energy transition” wins like carbon capture automation projects add long-duration infrastructure exposure. [35]
- The separation roadmap may unlock valuation clarity as investors model the “new Honeywell” post-spin. [36]
- Dividend income support with the quarterly payout at $1.19. [37]
Key risks to watch
- Execution risk and uncertainty around portfolio reshaping and post-spin financial profiles. [38]
- Sensitivity to macro data: if next week’s inflation/jobs numbers reprice rates, industrials can swing with the cycle. [39]
- Ongoing debate on forward growth—reflected in the wide spread of analyst targets and the notable BofA downgrade. [40]
Bottom line: Honeywell stock heads into next week steady, but catalysts are lining up
Honeywell (HON) finished the week of Dec. 8–12 slightly higher, closing Friday at $193.66, while investors absorbed a cluster of company updates (board appointment, smart-building partnership, and automation wins) against a shifting macro backdrop following the Fed’s December meeting. [41]
For the week ahead (Dec. 15–19), the likely near-term drivers are U.S. inflation, jobs, and retail data—inputs that can quickly change the narrative for industrial demand and interest-rate expectations. [42]
References
1. stockanalysis.com, 2. stockanalysis.com, 3. stockanalysis.com, 4. www.honeywell.com, 5. www.marketwatch.com, 6. stockanalysis.com, 7. www.honeywell.com, 8. www.honeywell.com, 9. www.honeywell.com, 10. www.honeywell.com, 11. www.honeywell.com, 12. www.honeywell.com, 13. www.honeywell.com, 14. www.honeywell.com, 15. www.reuters.com, 16. www.marketwatch.com, 17. stockanalysis.com, 18. www.nasdaq.com, 19. www.marketbeat.com, 20. www.marketbeat.com, 21. www.barrons.com, 22. stockanalysis.com, 23. stockanalysis.com, 24. stockanalysis.com, 25. investor.honeywell.com, 26. www.investing.com, 27. www.investing.com, 28. www.federalreserve.gov, 29. www.ft.com, 30. www.spglobal.com, 31. www.marketwatch.com, 32. www.honeywell.com, 33. www.marketbeat.com, 34. www.reuters.com, 35. www.honeywell.com, 36. www.honeywell.com, 37. investor.honeywell.com, 38. www.honeywell.com, 39. www.spglobal.com, 40. www.marketwatch.com, 41. stockanalysis.com, 42. www.spglobal.com
