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HON·Honeywell International Inc.

$234.50
-0.04 (-0.02%)
Pre-Market
High
$236.31
Open
$235.04
Market Cap
149.07B
52W High
$248.18
Low
$233.64
P. Close
$234.50
P/E
29.01
52W Low
$179.36
Technical Score (1D)
55
BUY
News Sentiment
65
BULLISH

What’s happening to HON today?

Morgan Stanley has increased its price target for Honeywell International Inc. (HON) to $245, maintaining an Equal Weight rating, reflecting updated earnings estimates. This comes as Honeywell recently filed for the spin-off of its Aerospace division, which is expected to form a new entity trading as 'HONA' by Q3 2026. This strategic move is a key catalyst, as the company is actively pivoting its focus towards automation and aerospace. Historically, such spin-offs from conglomerates have often led to higher market valuations for the resulting entities. Management's commitment to strong capital returns further supports a positive outlook. Investors will be watching for further details on the spin-off process and the performance of the core automation and aerospace businesses as the company continues its transformation.
Honeywell International Inc. (HON) Stock Price, News, Analysis | DailyIQ