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BASILDON, ENGLAND - JANUARY 15: A general exterior view of the logo sign on the Honeywell ... [+] International Inc office building on January 15, 2024 in Basildon, United Kingdom. (Photo by John Keeble/Getty Images) Firstly, looking at its stock performance, HON stock has seen little change, moving slightly from levels of $215 in early January 2021 to around $205 now, vs. an increase of about 45% for the S&P 500 over this roughly three-year period. Overall, the performance of HON stock with respect to the ...

CHARLOTTE, N.C., July 26, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its Board of Directors has declared a quarterly dividend payment of $1.08 per share on the Company's common stock. The dividend is payable on September 6, 2024, out of surplus to holders of record at the close of business on August 16, 2024. We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meanin ...

Shares of the industrial conglomerate Honeywell International (HON -5.24%) fell today after the company reported its second-quarter results. While Honeywell beat Wall Street's revenue and earnings expectations in the quarter, investors were disappointed that management lowered the company's full-year earnings guidance. Overall, Honeywell had a very solid second quarter. Sales increased 5% to $9.6 billion, which outpaced analysts' consensus estimate of $9.4 billion. And the company's non-GAAP (adjusted) earn ...

• Complementary offerings aligned to our energy transition portfolio, expanding our installed base and creating new aftermarket services and software sales opportunities • Expanding our position on critical platforms that are expected to grow significantly in the years to come • Positions Honeywell as a leading provider of security solutions for the digital age 2Q 2024 Earnings – July 25, 2024 3 2023 - 2025 TARGET PROGRESS TOWARD COMMITMENT Already Committed to Deploy ~$15B to M&A and Repurchases Since 2023 ...

Honeywell International Inc. (NASDAQ:HON) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Sean Meakim - Vice President-Investor Relations Vimal Kapur - Chairman & Chief Executive Officer Greg Lewis - Senior Vice President & Chief Financial Officer Conference Call Participants Stephen Tusa - JPMorgan Julian Mitchell - Barclays Nigel Coe - Wolfe Research Scott Davis - Melius Research Andrew Obin - Bank of America Deane Dray - RBC Capital Markets Sheila Kahyaoglu - Jefferies Andy ...

Key Takeaways Organic sales at Honeywell's Aerospace Technologies division jumped 16% to $3.89 billion as rising global flight activity and geopolitical tensions boosted demand for commercial aviation and defense products. Sales also rose at its Energy and Sustainability Solutions and Building Automation units, by 3% and 1%, respectively. They dropped 8% at its Industrial Automation segment, which Honeywell blamed primarily on volume softness in warehouse and workflow solutions. CEO Vimal Kapur said that du ...

Core Viewpoint - Honeywell International Inc's stock is experiencing a significant decline despite better-than-expected second-quarter earnings and sales growth, primarily due to a reduction in full-year guidance [1] Financial Performance - The company's industrial automation business saw an 8% year-over-year decline, while the aerospace business grew by 16%. Sales in building and energy-related sectors increased by 4% and 2%, respectively [1] Stock Movement - As of the latest check, Honeywell's stock was down 5.2% at $202.63, reaching a low of $199, marking its worst daily percentage loss since July 27, 2023. This decline has brought the stock to its lowest levels since late May, contributing to a negative performance in 2024 [2] Options Activity - In the options market, there were 3,750 calls and 3,073 puts exchanged, which is four times the average volume for that time. The most popular option was the August 230 call, followed by the September 210 put, with positions being sold to open at the weekly 7/26 205-strike call [3] Analyst Ratings - Following the earnings report, analysts have not made any adjustments. Among 17 brokerages covering the stock, 11 have a "strong buy" rating and six a "hold" rating. The 12-month consensus price target is $226.70, indicating a 12.2% premium to current stock levels [4]

The Company values foreign currency exchange contracts, interest rate swap agreements, cross currency swap agreements, and commodity contracts using broker quotations, or market transactions in either the listed or over-the-counter markets. As such, these derivative instruments are classified within level 2. The Company also holds investments in commercial paper, certificates of deposits, time deposits, and corporate debt securities that are designated as available for sale. These investments are valued usi ...

Honeywell International Inc. (HON) came out with quarterly earnings of $2.49 per share, beating the Zacks Consensus Estimate of $2.42 per share. This compares to earnings of $2.23 per share a year ago. These figures are adjusted for non-recurring items. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive ...