Honeywell International Inc (HON) Stock Today: Latest News, 2026 Outlook and Analyst Forecasts

Honeywell International Inc. (NASDAQ: HON) heads into the final weeks of 2025 in the middle of a once‑in‑a‑generation breakup, a major energy technology win, and a tug‑of‑war between booming aerospace demand and a weak industrial automation business.

As of the latest close, Honeywell stock finished at $191.33 per share, giving the company a market capitalization of roughly $121–122 billion. That’s about 12% lower than its 2024 year‑end valuation, reflecting a tough year for the stock despite generally solid earnings. ^[1]

Below is a detailed look at today’s (December 7, 2025) most important HON stock news, fresh forecasts, and what they may mean for investors.

1. Honeywell stock snapshot: price, valuation and yield

Last close: $191.33 (December 5, 2025) ^[2]
Market cap: ~$121.5 billion ^[3]
52‑week range: roughly $169 – $228 ^[4]
Trailing P/E: around 20× earnings, down from ~25× at the end of 2024 ^[5]
Forward P/E (using 2025 EPS guidance midpoint): ~18× (based on EPS guidance of $10.60–$10.70) ^[6]
Dividend yield: about 2.5%, after a recent dividend increase to $1.19 per share quarterly. ^[7]

In plain English, Honeywell now trades at a high‑teens earnings multiple, modestly cheaper than its own recent history, with a mid‑2% dividend yield and a balance sheet investors usually consider solid.

2. Fresh news today (December 7, 2025): what just changed for HON?

2.1 Institutional investors reshuffle Honeywell positions

Several new SEC 13F‑driven headlines hit today, all pointing to heavy institutional involvement in HON stock:

Cerity Partners LLC increased its stake by 9.1% in Q2, now holding about 539,643 shares worth roughly $125.7 million, or around 0.08% of Honeywell. ^[8]
Jump Financial LLC went aggressively long, ramping its Honeywell position by 5,981.6% to 133,796 shares (~$31.2 million) in Q2. ^[9]
Gabelli Funds LLC nudged its exposure slightly lower, trimming its stake by 2.4% to 339,418 shares (about $79 million), or roughly 0.05% of the company. ^[10]

Taken together, these filings reinforce two key points:

Institutional ownership is very high (around 76% of the float), underscoring that Honeywell remains a classic core holding for large funds. ^[11]
Flows are mixed but lean constructive: some managers are trimming at the margin, but others — notably Jump Financial — are dramatically increasing exposure around current prices.

For Google News and Discover readers, that’s an important signal: big money hasn’t abandoned HON; it’s still actively repositioning around the restructuring story.

2.2 “Is Honeywell a smart opportunity after its 2025 pullback?”

A new analysis published today by AInvest revisits a theme that’s been gaining traction all week: does Honeywell’s 2025 share‑price slump create value?

Key takeaways from the piece: ^[12]

Honeywell shares are down roughly 15–16% in 2025, partly reflecting concerns over restructuring risk and weak Industrial Automation performance.
A discounted cash flow (DCF) model cited in prior coverage suggests HON trades at roughly a 10–13% discount to its estimated fair value, implying modest upside purely on valuation.
The article frames the pullback as a “compelling entry point” if investors can tolerate near‑term volatility tied to restructuring and macro uncertainty.
It highlights strong balance sheet strength, diversified industrial exposure, and especially aerospace growth as reasons the long‑term outlook remains attractive.

The note also stresses risks we’ll discuss more below: Industrial Automation headwinds, execution risk as the conglomerate splits into three companies, and sensitivity to a global slowdown.

2.3 Technical and trading calls: 25%+ upside scenarios

Several short‑term and swing‑trading‑style services are now flagging Honeywell as a potential rebound candidate:

A recent DailyForex “Honeywell Stock Signal” article outlines a tactical trade idea with:
- Entry: roughly $186.76–$192.55
- Take‑profit: about $227.74–$241.67
- Implied upside:25%+ from the low 190s
- Stop‑loss: ~$168.55–$177.42 ^[13]
Tickeron’s AI‑driven analysis flags HON as being in an upward trend after breaking below its lower Bollinger Band, a technical pattern they suggest may precede a rebound. ^[14]

These are short‑term trading opinions, not long‑term fundamentals — and they assume a benign macro environment — but they add to the near‑term bull case narrative around reversion from oversold levels.

3. Core fundamentals: what Honeywell’s latest results actually show

3.1 Q3 2025: strong growth, pressured margins

Honeywell’s third‑quarter 2025 results, released on October 23, remain the fundamental anchor for current analyst models. Highlights: ^[15]

Sales:$10.4–10.41 billion, up ~7% year over year, with ~6% organic growth, beating expectations.
Orders: up an impressive 22%, driven by Aerospace Technologies and Energy & Sustainability Solutions, supporting a growing backlog.
EPS (GAAP):$2.86, up 32% YoY.
Adjusted EPS:$2.82, up 9% YoY.
Segment margin: around 23%, with some compression in specific businesses due to restructuring and cost inflation.

A separate 24/7 Wall St. recap emphasised that while revenue was strong, operating margin fell about 220 basis points to 16.9% and free cash flow declined ~16% to $1.45 billion, largely due to restructuring expenses tied to the breakup. ^[16]

3.2 Updated 2025 guidance

After Q3, Honeywell raised and refined its full‑year 2025 guidance: ^[17]

Full‑year sales:$40.7–$40.9 billion, implying about 6% organic growth.
Segment margin:22.9–23.0%, still expanding versus 2024, but less than earlier in the year.
Adjusted EPS:$10.60–$10.70, up slightly from prior guidance.

Adjusted for the spin‑off of Solstice Advanced Materials (see below), Honeywell’s guidance implies mid‑single‑digit sales growth and high‑single‑digit EPS growth in 2025, despite the drag from Industrial Automation and restructuring costs.

4. The big strategic story: Honeywell’s three‑way breakup

4.1 From conglomerate to three focused public companies

In February 2025, Honeywell announced that it will split into three separately listed companies, dividing its businesses into:

Aerospace Technologies
Automation‑focused businesses
Advanced Materials (Solstice Advanced Materials)

The breakup follows pressure from activist investor Elliott Investment Management, which pushed for structural changes to unlock value. ^[18]

Key points from that plan and subsequent updates:

Management aims to complete the separation by the second half of 2026, in a tax‑free structure for U.S. shareholders. ^[19]
Analysts cited by Reuters have suggested implied valuations in the $100+ billion range for aerospace and $90+ billion for automation, though these are indicative estimates and not formal targets. ^[20]
Honeywell has already executed multiple portfolio moves, including divestitures and acquisitions such as the £1.8 billion purchase of Johnson Matthey’s catalyst technologies division, which is being folded into the automation business to strengthen process technologies. ^[21]

4.2 Solstice spin‑off already completed

On October 30, 2025, Honeywell completed the spin‑off of Solstice Advanced Materials, which now trades independently on the Nasdaq under the ticker SOLS. ^[22]

The spin‑off advances Honeywell’s plan to create three focused industrial leaders.
Management expects the Solstice separation to reduce Honeywell’s 2025 sales by about $700 million and free cash flow by about $200 million, according to Manufacturing Dive’s summary of the company’s guidance. ^[23]

In other words, today’s Honeywell is already leaner and more focused than it was at the beginning of 2025 — and further break‑up steps are still ahead.

4.3 Aerospace spin‑off leadership is in place

For the upcoming Aerospace Technologies spin‑off, Honeywell has already named key leaders:

Jim Currier has been appointed President and CEO of Honeywell Aerospace, the unit that will become a separate public company after the spin‑off expected in the second half of 2026. ^[24]
Craig Arnold has been selected as chairman of the Aerospace board of directors once the separation is complete. ^[25]

This gives investors more visibility into who will be running one of the future stand‑alone entities.

5. Growth drivers: aerospace strength and a big energy technology win

5.1 Aerospace remains the engine

Across recent quarters, Honeywell’s Aerospace Technologies business has been the standout:

Q3 2025 saw double‑digit organic sales growth (~12%) in Aerospace, supported by strong commercial aviation traffic and ramping defense programs. ^[26]
This segment also benefits from high‑margin aftermarket services, software, and avionics, which tend to be more resilient than pure hardware shipments.

Analysts argue that a pure‑play aerospace Honeywell could command a higher valuation multiple than the current conglomerate, similar to what markets have awarded other focused aerospace suppliers.

5.2 Dangote refinery deal: a notable new contract

Another important growth highlight: an exclusive Reuters report on November 25 detailed that Nigeria’s Dangote Group selected Honeywell to support a massive capacity expansion at its megarefinery. ^[27]

Key elements:

Dangote plans to double refining capacity to 1.4 million barrels per day by 2028, and Honeywell will supply catalysts, equipment, and technology to help process a broader range of crude oils.
The deal also includes licensing Honeywell’s Oleflex technology to increase polypropylene production to 2.4 million metric tons per year.
A source cited in the article indicated that the contract could be worth over $250 million, though official financial terms weren’t disclosed.

For Honeywell investors, the Dangote deal underscores:

The global relevance of Honeywell’s energy and process technologies, and
The company’s ability to win large, multi‑year projects that align with long‑term themes like energy transition and petrochemicals demand.

6. The problem child: Industrial Automation weakness

While aerospace and select energy businesses look strong, Industrial Automation has become the market’s main concern.

Recent coverage from Nasdaq, Zacks and other outlets highlights that: ^[28]

Industrial Automation revenues declined about 6.1% year over year in the first nine months of 2025.
Earlier in the year, Q2 segment revenues were down ~5% YoY, with particular softness in productivity solutions and services, and sensing & safety technologies.
Management commentary and independent research point to:
- Slower demand in warehousing and logistics automation after the pandemic boom
- Weaker project activity in some regions (especially Europe)
- Pricing and mix pressure in certain short‑cycle products

Even Honeywell’s own Q3 release acknowledged that in parts of the automation portfolio, margins are under pressure: segment margin for related businesses fell by around 150 basis points year over year as cost inflation and restructuring expenses outweighed productivity actions. ^[29]

The Zacks‑branded “Honeywell’s Losing Grip in Industrial Automation” article and associated updates have framed this area as a drag on overall growth and a key reason some analysts remain cautious. ^[30]

7. What Wall Street is saying now: ratings and price targets

7.1 Consensus rating: “Moderate Buy” / “Buy” with ~25–30% upside

Across sell‑side aggregators, the verdict on HON as of early December 2025 is cautiously optimistic:

MarketBeat reports that 18 analysts currently cover Honeywell, giving it an overall “Moderate Buy” rating:
- 1 Sell
- 8 Hold
- 8 Buy
- 1 Strong Buy
- Average 12‑month price target:$236.71 ^[31]
StockAnalysis.com shows a slightly different but broadly consistent picture from 13 analysts:
- Consensus rating: “Buy”
- Average price target:$242.08
- Target range:$205 (low) – $269 (high)
- Implied upside from ~$191: about 26.5% on average ^[32]
A recent Barclays note maintained an “Overweight” rating while nudging its price target from $270 to $269, reflecting only a minor adjustment. ^[33]

Taken together, Wall Street’s base case suggests:

Modest to strong upside potential (roughly 20–30%) over 12 months,
Recognising near‑term earnings pressure and execution risk but
Betting that the breakup plus aerospace strength will ultimately create value.

7.2 Earnings expectations

MarketBeat’s aggregation indicates that sell‑side analysts expect about $10.34 in EPS for the current year, close to but slightly below Honeywell’s own guidance, and continued growth into 2026. ^[34]

8. Comparative views: Honeywell vs peers like 3M

The debate around HON has increasingly shifted to a “which industrial stock is better?” angle.

A 24/7 Wall St. article compared Honeywell to 3M (MMM) and emphasized that:
- Honeywell’s Q3 revenue grew 7%, but margins compressed and free cash flow fell due to restructuring.
- 3M, by contrast, delivered lower revenue growth (~3.5%) but expanded operating margins by ~170 basis points and is further along in its own restructuring journey. ^[35]
A Trefis analysis dated December 4 argued that Honeywell may actually be the better pick than 3M going forward, citing:
- Higher revenue growth across key periods
- Better profitability metrics, and
- A relatively lower valuation when adjusted for growth and risk. ^[36]

These contrasting perspectives highlight a key point for investors: Honeywell is more of a restructuring‑plus‑growth story, while some peers are being viewed as cleaner, cash‑flow‑focused plays right now.

9. Key risks investors are watching

Across today’s research and recent notes, several recurring risk themes show up:

Industrial Automation drag
- Persistent revenue declines and margin compression raise questions about how quickly this segment can be stabilised and repositioned. ^[37]
Execution risk on the three‑way split
- Spinning off Solstice, Aerospace, and reorganising Automation is complex. Slippage in timing, unexpected tax issues, or dis‑synergies could erode some of the value the breakup aims to unlock. ^[38]
Macro and interest‑rate sensitivity
- Honeywell sells into cyclical end‑markets: aerospace, industrial capital spending, commercial buildings, and energy. A weaker global economy or renewed rate volatility could slow orders or pressure valuations.
Short‑term margin pressure
- As 24/7 Wall St. notes, Honeywell is currently “absorbing restructuring pressure” rather than expanding margins like 3M. ^[39]
- Until restructuring is substantially complete, free cash flow may remain bumpier than usual.

10. How to interpret Honeywell stock now (not financial advice)

Putting today’s news and recent analysis together, the Honeywell investment case as of December 7, 2025 roughly looks like this:

Bullish elements

Aerospace tailwinds: Strong demand in commercial and defense markets, with a future pure‑play aerospace company potentially deserving a premium multiple. ^[40]
Breakup optionality: The three‑way split could unlock value if markets reward each focused entity with higher valuations. ^[41]
Solid balance sheet and dividend: A roughly 2.5% yield, long dividend history, and a diversified portfolio appeal to income‑oriented investors. ^[42]
Valuation reset: After a ~12–16% 2025 pullback and a P/E that has fallen from mid‑20s to around 20×, Honeywell no longer looks as stretched as in prior years. ^[43]

Bearish / cautionary elements

Automation weakness is real, not just narrative, and could take several quarters (or longer) to fix. ^[44]
Restructuring costs and complexity will likely keep margins and cash flow under pressure through at least 2026. ^[45]
A global slowdown, especially in industrial production or air travel, would hurt even the strongest parts of the portfolio.

Neutral synthesis

For long‑term investors, the current setup is often framed (in today’s articles and forecasts) as:

A quality industrial franchise at a fair – maybe slightly discounted – price, with upside if the breakup is executed cleanly and aerospace momentum holds, but with very real execution and cyclical risks.

That framing broadly matches the “Moderate Buy / Buy with ~25% upside” consensus from Wall Street.

References

Honeywell International Inc (HON) Stock Today: Latest News, 2026 Outlook and Analyst Forecasts – December 7, 2025