Core Insights - Honeywell reported strong fourth-quarter results for 2025, with sales growth driven by Aerospace and Building Automation segments, and an organic order growth of 23% [2][6][8] - The company anticipates the spin-off of Honeywell Aerospace into an independent publicly traded company to be completed in the third quarter of 2026, ahead of previous expectations [1][20] Financial Performance - Fourth-quarter sales reached $9.8 billion, a 6% increase year-over-year, while adjusted sales were $10.1 billion, up 10% [4][10] - Operating income decreased by 35% to $996 million, with an operating margin contraction of 640 basis points to 10.2% due to one-time impairment charges [3][10] - Adjusted EPS for the fourth quarter was $2.59, up 17% year-over-year, while GAAP EPS was $0.49, down 72% [4][10] - For the full year 2025, reported sales increased by 8% to $37.4 billion, with adjusted sales up 9% [5][10] Segment Performance - Aerospace Technologies segment sales grew 21% organically in the fourth quarter, driven by strong demand in commercial aftermarket and defense [10][15] - Industrial Automation sales increased by 1% year-over-year, while Building Automation sales rose by 8% [11][13] - Energy and Sustainability Solutions segment sales decreased by 7% organically due to demand softness in petrochemical catalysts [14][15] 2026 Outlook - Honeywell expects 2026 sales to be between $38.8 billion and $39.8 billion, with organic sales growth projected at 3% to 6% [17][18] - Adjusted EPS for 2026 is anticipated to be between $10.35 and $10.65, representing a growth of 6% to 9% [17][18] Portfolio Transformation - The company completed the spin-off of Solstice Advanced Materials and is progressing with the planned separation of its automation and aerospace businesses [20] - Leadership appointments for Honeywell Aerospace have been announced, including Jim Currier as President and CEO [20][9] Legal Matters - Honeywell and Flexjet reached a comprehensive agreement to resolve pending litigation, which includes extending their aircraft engine maintenance agreement through 2035 [21]

Core Viewpoint - Honeywell International Inc. is set to release its fourth-quarter earnings on January 29, with expectations of an increase in earnings per share compared to the previous year [1]. Financial Performance - Analysts predict Honeywell will report fourth-quarter earnings of $2.54 per share, up from $2.47 per share in the same period last year [1]. - The consensus estimate for Honeywell's quarterly revenue is $9.92 billion, a decrease from $10.09 billion reported in the previous year [1]. Management Changes - On January 22, Honeywell appointed Josh Jepsen as the Chief Financial Officer of Honeywell Aerospace [1]. Stock Performance - Honeywell's shares fell by 1.9%, closing at $216.64 on Wednesday [2].

Group 1 - Honeywell International Inc. (NASDAQ:HON) shares have increased by 4% over the past year and by 12.9% year-to-date, driven by ongoing spinoff execution [2] - JPMorgan upgraded Honeywell's shares to Overweight from Neutral in January, raising the price target to $255 from $218, citing order momentum and backlog as key factors [2] - Mizuho reduced Honeywell's price target to $240 from $250 while maintaining an Outperform rating, adjusting due to broader coverage of the industrial sector [2] Group 2 - Honeywell has a quantum computing business called Quintinuum, which has filed an S-1 to go public, indicating significant growth potential [3] - Despite the potential of Honeywell as an investment, there is a belief that some AI stocks may offer higher returns with limited downside risk [3]

Key Takeaways HON will release Q4 2025 results on Jan. 29, with consensus revenues of $10.16B and EPS of $2.54.Aerospace Technologies sales are seen up 19% to $4.31B on aviation aftermarket demand and defense strength.Energy and Sustainability Solutions revenues are expected to drop 29.9% to $1.22B amid UOP licensing delays.Honeywell International Inc. (HON) is scheduled to release fourth-quarter 2025 results on Jan. 29, before market open.The Zacks Consensus Estimate for HON’s fourth-quarter revenues is pe ...

Core Insights - Honeywell is increasingly integrating artificial intelligence into physical operations, with significant adoption in various sectors [1][2] - Over 200,000 sites have implemented Honeywell's AI tools to enhance energy efficiency and productivity in airports, hospitals, and factories [2] Group 1: Adoption of Physical AI - The widespread adoption of "physical AI" projects was noted last year, indicating a shift towards operational efficiency [2] - Other companies, such as JLL, emphasize the financial benefits of using AI to optimize commercial real estate operations [3] Group 2: Operational Efficiency and Cost Reduction - AI systems can help companies reduce ongoing operating expenses by identifying inefficiencies in office and facility management [4] - Examples from other enterprises, like Amazon and Walmart, illustrate the integration of physical AI into core operational infrastructure, enhancing throughput and lowering costs [5] Group 3: Supply Chain Resilience - Honeywell is leveraging lessons from the pandemic to strengthen its supply chains against tariff-related disruptions [5] - The global trade order is shifting towards bilateral agreements, prompting companies to adapt their supply chains to local ecosystems [6]

而在1月21日，英伟达创始人兼首席执行官黄仁勋在世界经济论坛年会上发表讲话，他提出AI"五层蛋 糕"理论，自下而上分别包括：能源、芯片与计算基础设施、云数据中心、AI模型，以及最上层的应用 层。值得注意的是，黄仁勋本月初在2026 CES主旨演讲中明确提出，"物理AI的'ChatGPT时刻'已然到 来，机器开始具备理解真实世界、推理并付诸行动的能力"。 霍尼韦尔也在利用疫情期间吸取的经验教训，确保其供应链能够承受美国总统特朗普不断加征关税带来 的冲击。Maheshwari表示："世界贸易秩序正在转变，正从标准的全球供应链转向更多双边贸易。" 他 还说，新冠疫情"给所有人敲响了警钟，促使他们建立能够在本地生态系统中运作的供应链。我们做到 了这一点，因此我们完全有能力应对任何双边关系变化带来的不确定性。" 智通财经APP获悉，据软件工业公司霍尼韦尔(HON.US)称，人工智能正在影响现实世界，因为它正被 用于提高从机场到医院等建筑物的效率和生产力。霍尼韦尔全球区域总裁Anant Maheshwari表示，所谓 的"物理AI"在2025年从试点项目发展到广泛应用，全球有超过20万个场所部署此类工具，用于配置汽车 工 ...

Honeywell International Inc. (NASDAQ:HON) is one of the stocks in focus as Jim Cramer shared his weekly game plan. Cramer noted that the company is breaking up, as he stated: Thursday morning, we hear from Honeywell. Now, this is really complicated. When the company reports, almost every single time, the stock’s going down, plain and simple. The stock has run up lately because it’s planning to list shares of its quantum business, Quantinuum, and that’s got many traders going. They own the majority stake, ...

Core Viewpoint - Honeywell International Inc. is expected to report quarterly earnings of $2.54 per share, reflecting a 2.8% increase year-over-year, with revenues projected at $10.16 billion, a 0.7% increase from the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 0.2%, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Estimates by Segment - Analysts estimate 'Net Sales- Energy and Sustainability Solutions' at $1.20 billion, down 30.7% from the prior year [5]. - 'Net Sales- Aerospace Technologies' is projected to reach $4.74 billion, an increase of 18.8% year-over-year [5]. - The consensus for 'Net Sales- Industrial Automation' stands at $2.32 billion, reflecting a 9.7% decline [6]. - 'Net Sales- Building Automation' is expected to be $1.92 billion, indicating a 6.8% increase [6]. - 'Net Sales- Corporate and All Other' is estimated at $3.44 million, down 31.2% year-over-year [6]. Additional Segment Insights - 'Net Sales- Industrial Automation- Warehouse and Workflow Solutions' is projected at $226.53 million, a decrease of 2.8% [7]. - 'Net Sales- Energy and Sustainability Solutions sales- UOP' is expected to reach $979.25 million, reflecting a 20.3% increase [7]. - 'Net Sales- Energy and Sustainability Solutions sales- Advanced Materials' is estimated at $281.24 million, down 69.4% [8]. - 'Net Sales- Aerospace Technologies- Defense and Space' is projected to be $2.17 billion, an increase of 21% [8]. - 'Net Sales- Aerospace Technologies- Commercial Aviation Original Equipment' is expected at $457.45 million, reflecting a significant increase of 73.3% year-over-year [9]. - 'Net Sales- Industrial Automation- Process Solutions' is estimated at $1.48 billion, down 6.8% [9]. - 'Net Sales- Industrial Automation- Productivity Solutions and Services' is projected to be $274.30 million, indicating a 6.4% decline [10]. Stock Performance - Honeywell International shares have increased by 12.2% over the past month, compared to a 0.2% increase in the Zacks S&P 500 composite [10].

Group 1 - Michelin has invested 3 billion RMB in the Baiyulan project, which is the first demonstration factory for its "Future Factory" strategy, marking a significant expansion in production capacity with the launch of the high-performance green tire, Michelin Jingchi 5E [1] Group 2 - Solstice, a company spun off from Honeywell, will establish its Asia-Pacific headquarters in Shanghai's Pudong, recognizing China as a core global market and innovation hub [2] Group 3 - Despite challenges in the restaurant industry, multinational chains are accelerating their growth in China, with DQ projected to achieve double-digit revenue and profit growth by 2025, and McDonald's opening its 600th store in Shanghai [3]

作者：情报员 国家知识产权局信息显示，霍尼韦尔国际公司取得一项名为"包括耦接元件的感测部件"的专利，授权公 告号CN115808193B，申请日期为2022年8月。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 ...