Latest news with #HON
Yahoo
5 days ago
- Business
- Yahoo
Honeywell International Inc. (HON) Increases Despite Market Slip: Here's What You Need to Know
In the latest trading session, Honeywell International Inc. (HON) closed at $226.67, marking a +0.66% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.01%. Meanwhile, the Dow experienced a rise of 0.13%, and the technology-dominated Nasdaq saw a decrease of 0.32%. Heading into today, shares of the company had gained 6.86% over the past month, outpacing the Conglomerates sector's gain of 6.61% and the S&P 500's gain of 6.43% in that time. The investment community will be paying close attention to the earnings performance of Honeywell International Inc. in its upcoming release. On that day, Honeywell International Inc. is projected to report earnings of $2.63 per share, which would represent year-over-year growth of 5.62%. Meanwhile, the latest consensus estimate predicts the revenue to be $10.01 billion, indicating a 4.48% increase compared to the same quarter of the previous year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.38 per share and revenue of $40.22 billion. These totals would mark changes of +4.95% and +4.46%, respectively, from last year. Any recent changes to analyst estimates for Honeywell International Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.36% higher. Right now, Honeywell International Inc. possesses a Zacks Rank of #3 (Hold). From a valuation perspective, Honeywell International Inc. is currently exchanging hands at a Forward P/E ratio of 21.69. This denotes a premium relative to the industry's average Forward P/E of 17.5. It's also important to note that HON currently trades at a PEG ratio of 2.62. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Diversified Operations industry held an average PEG ratio of 1.97. The Diversified Operations industry is part of the Conglomerates sector. With its current Zacks Industry Rank of 134, this industry ranks in the bottom 46% of all industries, numbering over 250. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply to follow these and more stock-moving metrics during the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
28-05-2025
- Business
- Business Wire
mPACT2WO's mRegz™ AirCompliance Simplifies Fenceline Monitoring and Compliance for Operators
LISLE, Ill.--(BUSINESS WIRE)-- mPACT2WO, a Molex business, empowering industrial operators to enhance their daily decisions with easy-to-adopt, early-detection digital solutions, recently showcased its mRegz™ AirCompliance solution in a problem-solving case study with CITGO. This industrial grade early-detection solution enabled CITGO to expand its emissions monitoring program at the Corpus Christi facility, aligning with forthcoming EPA Hazardous Organic NESHAP (HON) requirements. Adrian Araiza, Corporate Environmental Services Manager at CITGO, explained, 'By utilizing state-of-the-art technology from mPACT2WO, CITGO ensures that our fenceline monitoring not only meets regulatory standards but also sets new benchmarks in safety and environmental responsibility.' Facing public concerns about the impact of increased emissions following its permit application to expand operations, CITGO sought a precise solution. Partnering with mPACT2WO, CITGO implemented a technology that swiftly and accurately detects emission sources, ensuring early identification and effective response to potential leaks. mPACT2WO's solution-as-a-service technology focuses on the early detection of emissions, enabling timely corrective actions. By identifying issues before they escalate, this proactive approach helps industrial sites avoid unexpected and exception-prone emissions. The potential benefits include enhanced site safety, compliance validation, risk reduction, and improved operational efficiency. CITGO successfully implemented mPACT2WO's cutting-edge mRegz™ AirCompliance system, which incorporates advanced photoionization detector (PID) sensors and analytics. This state-of-the-art solution offers unparalleled early detection capabilities, precisely measuring emissions at parts per billion (PPB) levels and accurately detecting leak sources to enable quick root-cause analysis. By leveraging real-time data and critical insights, CITGO identified emission sources beyond the fenceline. This empowered CITGO to propose an innovative alternative monitoring plan that not only met EPA regulatory standards but also helped secure permits by addressing community concerns and enhancing marine terminal throughput. 'By leveraging real-time AI and state-of-the-art sensors with mRegz™ AirCompliance, we were able to identify the sources of the increased emissions for our customer,' said Krishna Uppuluri, vice president and general manager at mPACT2WO. 'Our goal is to help operators optimize emissions monitoring and reduce risks at their plants through real-time data identification. We are proud to have supported CITGO in achieving these objectives.' The mPACT2WO solution leverages AIoT (Artificial Intelligence of Things) to transform large, noisy datasets into smaller, more actionable insights for operators. By utilizing advanced algorithms and real-time data processing, operators can make informed decisions quickly and efficiently, freeing them from the burden of data management. This empowers boots-on-the-ground teams to detect anomalies early, perform root-cause analysis efficiently, and take timely corrective actions. mRegz™ AirCompliance offers a holistic solution for fenceline monitoring, LDAR (leak detection and repair), tank farms, pipelines, terminals, process safety, unmanned remote sites and other community-partnership initiatives. For more information on how mPACT2WO's emissions monitoring solution can help process industries augment compliance for EPA HON standards, visit To learn more about mPACT2WO's suite of AIoT-enabled early detection solutions, visit About mPACT2WO, a Molex Business mPACT2WO, a Molex business, empowers industrial operators to enhance their daily decisions with easy-to-adopt, early-detection digital solutions. By bringing the simplicity and usability of consumer apps to industrial operations, the operator-first approach accelerates boots-on-the-ground transformation to enhance operational efficiency, compliance and safety while reducing over-monitoring and over-maintenance. The solutions are enabled by NextGen sensors, intelligent data analytics, and operator-trusted insights with operator-familiar work processes. mPACT2WO solutions for emissions and corrosion monitoring helps industrial sites reduce emissions, enhance process safety, and avoid unexpected corrosion and unplanned maintenance. For more information, visit or connect with us on LinkedIn.
Yahoo
23-05-2025
- Business
- Yahoo
Honeywell Divests PPE Business, Set to Acquire Catalyst Technologies Unit
Honeywell International Inc. HON has been actively following its business transformation strategy that aims to unlock value for its shareholders. As part of the strategy, the company recently sold its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. ('PIP').PIP, a portfolio company of Odyssey Investment Partners, is engaged in manufacturing and distributing PPE products globally. It's worth noting that the transaction was valued at $1.325 billion and was carried out in divestiture will enable Honeywell to focus more on its core businesses and realign its operating segments to three megatrends, which are automation, the future of aviation and energy transition. The company's PPE divestment follows the sale of its Lifestyle and Performance Footwear business in 2021 and allows it to exit the PPE Honeywell declared its plan to acquire Johnson Matthey's Catalyst Technologies business unit for £1.8 billion in cash. Based in London, UK, the Catalyst Technologies business provides catalysts for the chemicals and energy industries with operations in the United States, Europe and inclusion of Johnson Matthey's Catalyst Technologies unit will enable HON to strengthen its UOP business and grow its installed base across the petrochemical and refining catalysts. The buyout will allow Honeywell to provide solutions for the production of low-emission fuels like sustainable aviation fuel, sustainable methanol, blue ammonia and blue hydrogen. HON will incorporate the Catalyst Technologies business into its Energy and Sustainability Solutions (ESS) anticipates the buyout to be accretive to its earnings in the first year, strengthen the ESS segment's growth potential and create cost synergies. Management expects the transaction to be completed in the first half of 2026, conditioned on the fulfillment of certain customary closing conditions. Honeywell currently carries a Zacks Rank #3 (Hold). The company's Aerospace segment is witnessing solid momentum, driven by strength in the defense business and growth in air transport flight hours. Strong demand across the commercial aviation aftermarket business is aiding the segment. Image Source: Zacks Investment Research In the past year, HON stock has gained 12% compared with the industry's 7.9% weakness in the Process solutions business, due to lower demand for smart energy and thermal solutions, has been affecting the Industrial Automation segment's performance. Also, softness in the productivity solutions and services business, owing to lower demand in Europe, remains a concern. Some better-ranked stocks are discussed Inc. ATR presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks delivered a trailing four-quarter average earnings surprise of 7.3%. In the past 60 days, the consensus estimate for AptarGroup's 2025 earnings has increased 5.4%.Federal Signal Corporation FSS currently carries a Zacks Rank #2 (Buy). FSS delivered a trailing four-quarter average earnings surprise of 6.4%. In the past 60 days, the Zacks Consensus Estimate for Federal Signal's 2025 earnings has increased 1.6%.Unifirst Corporation UNF currently carries a Zacks Rank of 2. UNF delivered a trailing four-quarter average earnings surprise of 12.3%. In the past 60 days, the consensus estimate for Unifirst's fiscal 2025 (ending August 2025) earnings has increased 4.1%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON) : Free Stock Analysis Report Unifirst Corporation (UNF) : Free Stock Analysis Report AptarGroup, Inc. (ATR) : Free Stock Analysis Report Federal Signal Corporation (FSS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Was Jim Cramer Right About Honeywell International Inc. (HON)?
We recently published a list of . In this article, we are going to take a look at where Honeywell International Inc. (NASDAQ:HON) stands against other stocks that Jim Cramer discusses. Back in 2024, on May 15, Mad Money's Jim Cramer discussed Honeywell International Inc. (NASDAQ:HON) with deep frustration, calling for a breakup to unlock value after ongoing underperformance. 'I'm talking about a company I used to like a lot — I own it for the Charitable Trust — it's been a disappointer and it's called Honeywell. We've been patient — my patience is being tried. It's a consistent underperformer over this period by a significant margin. […] I think they should consider breaking it up, given how well it's worked for United Technologies and GE. The modern Honeywell is just an amalgamation of completely unrelated businesses that have no theme whatsoever. […] At this point, I don't see what Honeywell gets from keeping them under the same roof. […] I've not been happy this year with companies that have not made my trust money. […] Wall Street loves smaller bite-sized companies that are easier to value. The proof is in.' His frustration proved valid, as the stock delivered just 7.87%, lagging badly despite a strong market. A shot of a commercial plane with a blur of color in the background, representing the production of auxiliary power units in the Safety and Productivity Solutions segment. Honeywell International Inc. (NASDAQ:HON) is stuck in a strategic identity crisis as its diverse industrial units fail to deliver consistent upside. During a recent CNBC program, Cramer admitted that he's now looking to buy back some of the company's stock. Here's what he said in February this year: 'But this is the quarter you have to buy because you're finally getting the three pieces. The aerospace business is fantastic. This chemicals business is of course a little bit better than the GDP. And then you have this automation business which has been a disappointment. Overall, HON ranks 7th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of HON as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HON and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-05-2025
- Business
- Yahoo
3M vs. Honeywell: Which Industrial Conglomerate has Better Prospects?
3M Company MMM and Honeywell International Inc. HON are two prominent names operating in the Zacks Diversified Operations industry. As rivals, both companies compete in multiple sectors with significant overlap in industrial products, consumer goods and safety and security considerable exposure in diverse markets, both companies invest heavily in research and development to innovate new products, drive growth and gain market share. But which one is a better investment today? Let's take a closer look at their fundamentals, growth prospects and challenges to make an informed choice. The strongest driver of 3M's business at the moment is the Safety and Industrial segment. Strength in roofing granules, industrial adhesives and tapes, and electrical markets has been driving the segment's performance. Significant orders for aluminum high-capacity conductors and power cable accessories, driven by growth in demand from data centers and renewable energy projects, augur well for the segment in the quarters ahead. The segment's organic sales improved 2.5% year over year in the first quarter of company's Transportation and Electronics segment is benefiting from strength in the transportation and aerospace end markets. Solid momentum in the commercial aircraft and defense-related business and project wins in the advanced materials business are proving beneficial for the segment. The segment's adjusted organic revenues grew 1.1% in the first quarter.3M is committed to rewarding its shareholders handsomely through dividend payments and share buybacks. In the first quarter of 2025, the company rewarded its shareholders with $396 million in dividends and $1.3 billion in buybacks. Also, in 2024, it paid dividends worth $2 billion and repurchased shares for $1.8 billion. Exiting the first quarter, the company had $6.6 billion remaining under the share repurchase program. In February 2025, it hiked its quarterly dividend by 4%.Despite the positives, weakness in the consumer retail end markets, led by a decrease in consumer discretionary spending, remains a persistent concern. This is reflected in the Consumer segment's results, which declined 1.4% in the first quarter. There was a particular weakness in the command and packaging expression high debt level remains another concern for its profitability. Exiting first-quarter 2025, the company's long-term debt was $12.3 billion, reflecting an increase of 10.8% sequentially. Its short-term borrowings and current portion of long-term debt totaled $1.2 billion. Considering its high debt level, 3M's cash and cash equivalents of $6.3 billion do not look impressive. It's worth noting that MMM's long-term debt-to-capital ratio is currently 73.1%, much higher than the industry's 55.2%.The company has also been subject to several litigations, including earplug lawsuits. It has committed substantial funds to resolve these disputes, as ongoing litigation might lead to additional expenses. Per the terms of the Combat Arms Earplug settlement announced in August 2023, 3M agreed to pay a sum of $6 billion to resolve the litigation case over the period from 2023 to 2029. Honeywell is experiencing strength in its commercial aviation aftermarket business, driven by growth in air transport flight hours, higher shipset deliveries and supply-chain improvements. In the first quarter of 2025, its commercial aviation aftermarket sales increased 14% year over year. Strength in its defense and space business, owing to stable U.S. and international defense spending volumes and sustained demand from the current geopolitical climate, has also been proving beneficial. In the first quarter, sales from its defense and space business surged 23% year over demand for its products and solutions, led by increasing building projects, particularly in North America and the Middle East, will likely be beneficial for the Building Automation segment. Increasing order rates in data centers, airports and hospitality projects also bode well for it. Also, strength in the Universal Oil Products business, driven by higher refining and petrochemicals projects, bodes well for the Energy and Sustainability Solutions segment. Exiting the first quarter, the company's overall backlog grew 8% year over year to $36.1 commitment to rewarding its shareholders through dividends and share buybacks is encouraging. It paid out dividends worth $732 million and repurchased shares worth $1.9 billion in the first quarter of 2025. Also, in 2024, it paid out dividends of $2.9 billion and repurchased shares worth $1.66 billion. In September 2024, it hiked its quarterly dividend by approximately 5% to $1.13 per share. Strong free cash flow generation supports the company's shareholder-friendly activities. For 2025, it expects free cash flow to be in the range of $5.4-$5.8 weakness in the Industrial Automation segment has remained a concern for HON. Lower demand for smart energy and thermal solutions has been affecting the Process solutions business' performance under the segment. Also, the weakened demand for personal protective equipment within the sensing and safety technologies business, along with softness in the productivity solutions business, remains company exited the first quarter with long-term debt of $25.7 billion. The high debt level was primarily attributable to the funds raised for the Civitanavi Systems, CAES, Global Access Solutions and LNG acquisitions. Considering its high debt level, its cash and cash equivalents of $9.7 billion do not look impressive. Its long-term debt-to-capital ratio is currently 58.8%, higher than 55.2% of the industry. While the Zacks Consensus Estimate for MMM's 2025 sales implies a year-over-year decline of 9.8%, the same for its earnings per share (EPS) indicates growth of 4.9%. The EPS estimates for both 2025 and 2026 have declined over the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for HON's 2025 sales and EPS implies year-over-year growth of 4.4% and 4.5%, respectively. While Honeywell's EPS estimates for 2025 have declined, the estimates for 2026 have increased over the past 60 days. Image Source: Zacks Investment Research In the past three months, 3M shares have lost 7.4%, while Honeywell stock has gained 2.9%. Image Source: Zacks Investment Research 3M is trading at a forward 12-month price-to-earnings ratio of 17.62X, above its median of 12.03X over the last three years. Honeywell's forward earnings multiple sits at 20.15X, close to its median of 20.05X over the same time frame. Image Source: Zacks Investment Research 3M and Honeywell have a Zacks Rank #3 (Hold) each, which makes choosing one stock a difficult task. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.3M's strength in the safety, industrial and transportation markets has been dented by the continued weakness in its consumer retail market. The legal battle surrounding its earplug lawsuits has created a bearish sentiment around the stock. Also, MMM's downward earnings estimate revisions for both 2025 and 2026 warrant a cautious approach for existing contrast, Honeywell's market leadership position, diversified portfolio, growth investments and strong dealer network provide it with a competitive advantage to leverage the long-term demand prospects in the aerospace and industrial markets. Despite its steeper valuation, HON seems to be a better pick due to strong estimates, stock price appreciation and better prospects for sales and profit growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON) : Free Stock Analysis Report 3M Company (MMM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
