Honeywell(US:HON) ZACKSยท2025-09-19 14:26Core Insights - Honeywell International Inc. (HON) is experiencing strong momentum in its Aerospace Technologies segment, driven by growth in the commercial aviation aftermarket and defense & space businesses [1][4] Aerospace Technologies Segment - The Aerospace Technologies segment's organic sales increased by 6% year over year in Q2 2025 [1][8] - The commercial aviation aftermarket saw a 7% rise in organic sales in Q2, following a 15% growth in Q1, supported by solid demand in the air transport market and supply-chain improvements [2][8] - The defense and space business experienced a 13% year-over-year increase in organic sales in Q2, building on a 10% growth in Q1, attributed to stable defense spending and geopolitical factors [3][8] - Honeywell anticipates continued strong demand in commercial aviation and defense spending, projecting high single-digit organic sales growth for the Aerospace Technologies segment in 2025 [4] Peer Comparison - GE Aerospace reported a 30% year-over-year revenue increase in its Commercial Engines & Services business in Q2 2025, driven by rising air traffic and fleet renewal activities [5] - 3M Company's Transportation and Electronics segment saw a 1% year-over-year growth in adjusted organic revenues in Q2 2025, benefiting from demand in transportation and aerospace markets [6] Financial Performance - Honeywell's shares have increased by 3.3% over the past year, contrasting with a 1.6% decline in the industry [7] - The forward price-to-earnings ratio for Honeywell is 18.86X, higher than the industry average of 16.31X, indicating a relatively higher valuation [10] - The Zacks Consensus Estimate for Honeywell's 2025 earnings has risen by 1.1% over the past 60 days [11]