146.40 0.00 (0.00%)
Pre-market: 8:46AM EDT
|Bid||145.00 x 1200|
|Ask||149.21 x 800|
|Day's range||146.02 - 147.62|
|52-week range||133.70 - 165.13|
|PE ratio (TTM)||63.71|
|Earnings date||20 Jul 2018|
|Forward dividend & yield||2.98 (2.01%)|
|1y target est||171.50|
On July 10, Honeywell (HON) announced that its UOP business was awarded a contract from Navitas Midstream Partners. According to the agreement, Honeywell will provide a gas processing plant and supply the UOP Russell modular cryogenic plant with refrigeration and dehydration units. The plant consists of UOP MolSiv, which will help remove impurities and water to obtain a high-quality gas.
Honeywell's (HON) Connected Plant UniSim Operations is being used by Deepak Phenolics Limited to train process operators at its phenol and cumene plant in Dahej, India.
Honeywell's (HON) JetWave satellite communications hardware offers high-speed, reliable, inflight connectivity service to passengers and flight operators.
On July 2, Honeywell (HON) announced that Sasol South Africa Secunda Synfuels Operations will use the company’s connected plant to monitor the operating reliability of two of Honeywell’s already installed UOP CCR Platforming units at a refinery in Secunda, South Africa. HON’s UOP has shown significant growth, and new business wins like this indicate the growth trend could continue.
The two industrial stalwarts have both beaten the market over the past five years. But which is the better buy today?
Summit highlights Honeywell Connected Plant's impact on productivity and efficiency Nigel Brockett, Vice President Sales, Asia Pacific, Honeywell Process Solutions, addressing the media during the roundtable ...
Secunda Synfuels Operations is likely to use Honeywell's (HON) Connected Plant service for monitoring the operating reliability of its two Honeywell UOP CCR Platforming units at its refinery.
The Zacks Analyst Blog Highlights: Bank of America, Wells Fargo, Honeywell, Allergan and Enterprise Products
No rational person would put General Electric Co. and Honeywell International Inc. in the same league right now. Honeywell and GE have the same credit rating from both firms, the only difference being that Moody's and S&P have a negative outlook on GE and a stable view on Honeywell. Honeywell increased its 2018 earnings guidance in April and all of its main businesses are expected to see organic growth and improvements in already high margins.
Conglomerates top the Zacks sector list. Its growth potential is solid and we have zeroed in on four investment picks for investors interested in the sector.
As of June 26, 3M’s (MMM) one-year forward PE multiple is 18.05x. That compares to Honeywell International’s (HON) PE multiple of 17.2x and Stanley Black & Decker’s (SWK) of 15.0x. A forward PE multiple takes future earnings into consideration.
Honeywell International (HON) unveils its latest connected gas detector -- Searchzone Sonik -- to offer superior leak detection services in facilities.
On June 19, Honeywell (HON) launched a new gas metering solution. The new solution makes metering operations more reliable, which will help the maintenance and leadership teams. The new product provides accurate metering operations and saves money by reducing the need to visit the sites.
Honeywell's (HON) survey report suggests higher demand for connected technologies in the commercial aviation industry. Heavy investments are predicted in the next five years.
Honeywell (HON) continued its progress on its earlier announced spin-offs. The spin-off could add more value to investors, as it will be an independent company. During that time, Cliff Garrett, an entrepreneur and an engineer, led the team to develop a turbocharger for the Caterpillar (CAT) D9 crawler tractor, which was launched in 1954.
As of June 14, Honeywell (HON) stock had fallen 1.4% this year, underperforming the S&P 500 (SPY), which had gained 4.1%. Peers General Electric (GE), 3M (MMM), and United Technologies (UTX) also underperformed the index, falling 21.8%, 13.5%, and 0.5%, respectively.
Previously, we saw analysts’ recommendations for Honeywell (HON). As of May 31, Honeywell’s short interest had increased by five basis points sequentially, from 0.92% to 0.97%, while its stock price had risen from $147.35 to $147.91. The increase in HON’s short interest reflects a negligible rise in bearishness toward the stock. However, its short interest as a percentage of outstanding shares is still under 1%, and it was 1.3% at the beginning of this year, indicating bearishness toward the stock has declined in that time.
Honeywell’s (HON) debt, which has been rising for the past five years, doubled between 2013 and 2017. At the end of Q1 2018, HON’s debt stood at $18.3 billion. Debt here includes long-term debt and maturities, and commercial papers and other short-term borrowings.
In the past five years, Honeywell’s (HON) FCF (free cash flow) has grown significantly. HON’s business growth, backed by its aerospace and UOP1 businesses and strong backlog, has enabled HON to generate higher FCF. HON’s FCF grew from $3.4 billion in 2013 to $4.9 billion in 2017.
Honeywell (HON) introduces Honeywell Vector Space Sense that allows building operations team to take better-informed decisions on real estate and space usage.
Dave Cote, who bought 100 companies and sold 70 while running Honeywell International Inc., says he knows what it takes to find the right acquisition. Now Goldman Sachs Group Inc. is tapping Cote’s experience from a decade and a half as Honeywell’s chief executive officer for a new partnership aimed at cobbling together an industrial operation from scratch. The special acquisition company raised about $600 million in a June 8 initial public offering, and Cote is eyeing deals that will probably range from $1 billion to as much as $5 billion.