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Added to YB: 2025-06-20

Pitch date: 2025-06-19

HON [bullish]

Honeywell International Inc.

-6.95%

current return

Author Info

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Company Info

Honeywell International Inc. engages in the aerospace technologies, industrial automation, building automation, and energy and sustainable solutions businesses in the United States, Europe, and internationally.

Market Cap

$128.8B

Pitch Price

$208.13

Price Target

290.00 (+50%)

Dividend

2.23%

EV/EBITDA

15.16

P/E

23.09

EV/Sales

3.91

Sector

Industrial Conglomerates

Category

special_situation

Show full summary:
Updated thoughts on Honeywell International Inc.

HON: Earnings adequate but unexciting; breakup potential offers upside to $290 by year-end (vs. earlier $250 target). SOTP value increasing as activist pushes split. Owns 50% of quantum leader + profitable divisions in space, medtech, defense, automation, energy, robotics. Potential for spin-offs to receive premium multiples. Next 2 earnings calls critical for breakup thesis.

Read full article (2 min)