Professional
Added to YB: 2026-05-22
Pitch date: 2026-04-29
HON [bullish]
Honeywell International Inc.
+7.41%
current return
Author Info
No bio for this author
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
$137.7B
Pitch Price
$208.36
Price Target
N/A
Dividend
2.19%
EV/EBITDA
18.61
P/E
34.97
EV/Sales
4.36
Sector
Industrial Conglomerates
Category
special_situation
Merion Road New Position: Honeywell International Inc.
HON (new position): Added starter position. Spun Solstice, spinning HONA (aerospace) in ~2mo, sold Warehouse biz to focus portfolio. HONA: 14% comm OEM rev (high switching costs), 46% aftermarket (annuity-like, high-margin spares), 40% defense (double-digit order growth on F35/drone dominance). GE Aero trades 26x EBITDA; HONA at modest discount + automation in-line w/ Emerson/Rockwell = upside. Quantinuum (majority stake) filed confidential IPO at $10B val—catalyst.
Read full article (2 min)