Honeywell International (NASDAQ:HON) Releases Earnings Results, Beats Expectations By $0.05 EPS

Honeywell International (NASDAQ:HON) posted its quarterly earnings results on Thursday. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05, Briefing.com reports. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.The business had revenue of $10.07 billion for the quarter, compared to the consensus estimate of $9.60 billion. During the same quarter in the prior year, the company earned $2.47 EPS. The business’s revenue was up 6.4% compared to the same quarter last year.

Here are the key takeaways from Honeywell International’s conference call:

• Honeywell beat expectations in 4Q25 with orders up 23%, backlog above $37 billion and adjusted EPS of $2.59, driven by strong aerospace and building automation performance.
• 2026 guidance targets sales of $38.8B–$39.8B (3%–6% organic growth), adjusted EPS $10.35–$10.65 (up 6%–9%), segment margins of 22.7%–23.1%, and free cash flow of $5.3B–$5.6B, implying continued top? and bottom?line expansion.
• Portfolio moves continue: Solstice has spun off, Honeywell plans an aerospace spin in Q3 2026 and intends to sell Productivity Solutions & Services and Warehouse & Workflow businesses in H1 2026, with Investor Days for aerospace and automation in June.
• Quantinuum raised ~$840M at a $10B pre?money valuation and launched the Helios quantum computer, but Honeywell expects ~30 basis points of margin headwind in 2026 from incremental Quantinuum investments (~$100M YoY) while retaining long?term upside.
• Process Automation showed strong long?cycle order strength (LNG/refining backlog set to convert in H2 2026), but ESS catalyst shipments remain weak short?term, creating mixed near?term revenue dynamics.

Honeywell International Price Performance

Shares of HON stock traded up $1.37 on Friday, reaching $228.61. 541,713 shares of the company were exchanged, compared to its average volume of 4,827,373. Honeywell International has a 1 year low of $169.21 and a 1 year high of $229.35. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.04 and a current ratio of 1.36. The business has a 50-day moving average price of $201.73 and a 200 day moving average price of $209.12. The company has a market cap of $145.14 billion, a price-to-earnings ratio of 24.08, a P/E/G ratio of 2.57 and a beta of 0.95.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on HON shares. TD Cowen dropped their price target on Honeywell International from $250.00 to $240.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Royal Bank Of Canada raised their price target on shares of Honeywell International from $249.00 to $268.00 and gave the stock an “outperform” rating in a report on Friday. The Goldman Sachs Group dropped their price objective on shares of Honeywell International from $245.00 to $236.00 and set a “buy” rating on the stock in a report on Tuesday, December 16th. Evercore ISI assumed coverage on Honeywell International in a research note on Monday, December 15th. They issued an “outperform” rating and a $255.00 target price for the company. Finally, BNP Paribas Exane raised Honeywell International to a “hold” rating in a report on Wednesday, December 3rd. Eleven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Honeywell International has a consensus rating of “Moderate Buy” and an average target price of $238.57.

More Honeywell International News

Here are the key news stories impacting Honeywell International this week:

• Positive Sentiment: Q4 beat on both EPS and sales, with adjusted EPS of $2.59 above estimates and adjusted sales ~ $10.1B; orders rose sharply (organically up ~23%) and backlog tops $37B — evidence of durable demand driving revenue and margins. PR Newswire Q4 Release
• Positive Sentiment: Analyst and media commentary emphasize that margin expansion — not just top?line growth — is the market’s focus; several writeups argue profitability improvement and efficiency gains will continue to support valuation. Seeking Alpha: Margin Expansion
• Positive Sentiment: Honeywell moved up its aerospace spin?off timeline to Q3 2026 and announced a leadership plan for the separation — a catalyst that could unlock shareholder value and attract multiple re?rating. Reuters: Spin-Off Timeline
• Positive Sentiment: Market positioning looks bullish: unusually large call buying and increased analyst optimism (JPMorgan and others turning more constructive) reinforce positive investor sentiment.
• Neutral Sentiment: Full?year 2026 guidance was issued at adjusted EPS $10.35–$10.65 and revenue $38.8B–$39.8B — roughly in line with consensus but presented as a range, leaving room for investor interpretation on upside. PR Newswire: 2026 Guidance
• Negative Sentiment: First?quarter 2026 guidance came in light of expectations (EPS $2.25–$2.35 vs. consensus ~2.39; revenue guide bottoming near estimates) — a near?term caution that could temper expectations for Q1. PR Newswire: Q1 Guidance
• Negative Sentiment: GAAP profit was reduced by charges related to a settlement with Flexjet, which hurt reported EPS — a reminder that one?time items can depress headline results even as adjusted metrics look strong. WSJ: Flexjet Charges

Institutional Investors Weigh In On Honeywell International

Several large investors have recently bought and sold shares of the company. Marshall Wace LLP raised its holdings in shares of Honeywell International by 130.0% during the third quarter. Marshall Wace LLP now owns 1,845,032 shares of the conglomerate’s stock valued at $388,379,000 after acquiring an additional 1,042,972 shares during the last quarter. Two Sigma Investments LP increased its position in shares of Honeywell International by 424.3% during the third quarter. Two Sigma Investments LP now owns 1,153,754 shares of the conglomerate’s stock worth $242,865,000 after purchasing an additional 933,694 shares in the last quarter. Boston Partners increased its position in shares of Honeywell International by 21.6% during the third quarter. Boston Partners now owns 3,535,270 shares of the conglomerate’s stock worth $744,054,000 after purchasing an additional 626,960 shares in the last quarter. Voloridge Investment Management LLC raised its stake in Honeywell International by 1,457.7% in the 3rd quarter. Voloridge Investment Management LLC now owns 663,830 shares of the conglomerate’s stock valued at $139,736,000 after purchasing an additional 621,213 shares during the last quarter. Finally, Unisphere Establishment lifted its holdings in Honeywell International by 8.1% in the 2nd quarter. Unisphere Establishment now owns 4,000,000 shares of the conglomerate’s stock valued at $931,520,000 after purchasing an additional 300,000 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Company Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.