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HON Honeywell International Inc. - Fundamental Analysis

BULLISH
HON Stock | Fundamental Analysis & Investment Insights
NYSE Industrials Conglomerates
Current Price
$199.04
Analyst Target
$243.49
+22.3% Upside
52W High
$227.82
52W Low
$169.05

AI Analysis

Powered by advanced machine learning algorithms

Confidence Score
85%
Analysis Accuracy
Honeywell (HON) presents a compelling investment case supported by strong profitability, resilient earnings growth, and a favorable valuation relative to peers despite near-term underperformance. The stock trades at a discount to its forward earnings potential with a Forward P/E of 18.08, below the sector average of 23.61, while delivering robust YoY earnings growth of 32.4% and operating margin expansion to 18.50%. Although insider selling raises a cautionary note, the strong analyst target of $243.49 implies 22% upside, reinforcing confidence in the company’s strategic trajectory. Positioned within the industrials sector, HON outperforms most peers on ROE (34.62%) and margin discipline, even as it lags in short-term price momentum.

Key Strengths

ROE of 34.62% significantly exceeds sector average of 30.22% and peer CAT's 46.28%, indicating superior capital efficiency
Operating margin of 18.50% reflects pricing power and cost discipline in a capital-intensive sector
Earnings growth of 32.4% YoY outpaces revenue growth (7.00%), suggesting strong operational leverage
Forward P/E of 18.08 is below sector average P/E of 23.61, offering valuation cushion
Dividend yield of 2.30% with a sustainable 47.68% payout ratio supports total return profile

Key Risks

Debt/Equity ratio of 2.15 is above sector average of 1.42 and peer PCAR (0.82), increasing financial risk in rising rate environment
Insider selling of $10.09M over last 6 months signals lack of confidence from corporate insiders
Price/Sales of 3.12 is high for an industrial conglomerate, especially with single-digit revenue growth
Lack of quarterly earnings surprise data prevents assessment of earnings quality and guidance credibility
Underperformance vs market: -6.0% 1Y return vs sector leaders CAT (+45.2%) and BA (+40.8%)
AI Fair Value Estimate
Based on comprehensive analysis
$243.49
+22.3% above current price

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