Up 12% So Far in 2026, Should You Buy Honeywell Stock?

Core Insights - Honeywell International is experiencing significant momentum as it enters 2026, driven by a strategic reset and the upcoming IPO of its majority-owned quantum computing arm, Quantinuum [1] - The company plans to split its Automation and Aerospace businesses into two standalone public companies by the second half of 2026, aimed at enhancing focus and unlocking value [2] - Honeywell's market capitalization is approximately $139.3 billion, indicating a strong start to 2026 [3] Financial Performance - In Q3 of fiscal 2025, Honeywell reported total sales of $10.4 billion, reflecting a 7% year-over-year increase, with organic growth of 6%, surpassing analysts' expectations [5] - The strong performance was primarily driven by the Aerospace Technologies and Building Automation segments [5] Stock Performance - Honeywell's stock surged over 11% in the first few trading days of 2026, significantly outperforming the S&P 500 Index, which gained only 1.4% during the same period [4] - The stock reached a year-to-date high of $220.63 on January 16, indicating strong early momentum [4]