For the annual period, the Zacks Consensus Estimates anticipate earnings of $10.17 per share and a revenue of $38.66 billion, signifying shifts of +11.03% and +5.45%, respectively, from the last year. Investors should also note that HON has a PEG ratio of 2.23 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Diversified Operations industry was having an average PEG ratio ...

HON's shares gained 1.9% yesterday to eventually close the trading session at $214.49. The latest buyout is in sync with Honeywell's policy of acquiring businesses to strengthen its business and expand its market share. The inclusion of LNG process technology and equipment business expertise in inhouse design and manufacturing of coil-wound heat exchangers and related equipment portfolio will boost HON's energy transition portfolio. This acquisition will enable Honeywell to offer a comprehensive solution fo ...

CHARLOTTE, N.C., July 10, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) and Air Products (NYSE: APD) jointly announced today that Honeywell has agreed to acquire Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This represents approximately 13x estimated 2024 EBITDA. "While the world continues to build the renewables-based energy infrastructure of the future, natural gas is a critical lower-emission and affordable transition fue ...

Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media. Contacts: | --- | --- | |---------------------|-------------------------------| | | | | Media | In ...

Honeywell International Inc. (HON) has inked a deal to acquire CAES Systems Holdings LLC ("CAES") from private equity firm Advent International for about $1.9 billion in cash. The transaction will augment HON's defense technology offerings across various domains, including land, sea, air and space. Based in Arlington, VA, CAES is engaged in offering RF, microwave and millimeter wave solutions for missile defense radars, missile seekers and electronic warfare systems. The company has 13 facilities in North A ...

Honeywell International Inc. (HON) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system ...

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Honeywell International Inc. (HON) . Check price target & stock forecast for Honeywell International here>>> Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a sto ...

One stock that might be an intriguing choice for investors right now is Honeywell International Inc. (HON) . This is because this security in the Diversified Operations space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking plac ...

Key Takeaways Honeywell said the all-cash deal "will enhance Honeywell's defense technology solutions across land, sea, air and space, including new electromagnetic defense solutions for end-to-end radio frequency (RF) signal management." CAES Adds Potential for 'Continued Growth' Chief Executive Officer (CEO) Vimal Kapur said that the addition of CAES will advance Honeywell's position "at the forefront of the defense industry's most dynamic sectors and sets the tempo for continued growth across our aerospa ...

Honeywell's new Connected Power solution allows buildings to control energy usage at the plug level Much of the energy consumed in commercial buildings comes from devices plugged into outlets, with fewer than 1-in-5 employees unplugging unused devices Solution can be easily installed to upgrade existing electrical outlets ATLANTA, June 20, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today introduced Connected Power, a groundbreaking solution that helps monitor, manage and automate buildings' power usage at ...