Core Insights - Honeywell International Inc. is recognized as one of the top 10 Dow stocks to buy according to Wall Street analysts, with Barclays raising its price target from $265 to $270 while maintaining an Overweight rating [1][2]. Financial Performance - For Q3, Honeywell reported sales of $10.4 billion, reflecting a 7% increase in reported sales and a 6% increase in organic sales, surpassing the high end of its previous guidance [2][3]. - The company achieved an EPS of $2.86 and an Adjusted EPS of $2.82, both exceeding the high end of prior guidance [3]. - Orders increased by 22%, driven primarily by growth in Aerospace Technologies and Energy and Sustainability Solutions [3]. Business Segments - Honeywell's aerospace business is performing strongly, contributing to the company's overall growth [4]. - The company operates through various segments, including Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation [4]. Future Outlook - Honeywell has raised its full-year guidance for organic growth and Adjusted EPS, indicating a positive outlook for the remainder of the year [3].

Core Insights - Honeywell reported Q3 2025 sales of $10.4 billion, reflecting a 6% organic year-over-year growth [1] - The company is undergoing a significant corporate restructuring, planning to split into three companies by mid-2026 [2][3] Financial Performance - Building automation segment generated $1.88 billion in sales, up 7% organically year over year [1] - Energy and sustainability solutions segment saw a decline, with sales of $1.74 billion, down 2% organically year over year [1] - The industrial automation segment returned to growth, driven by warehouse automation and sensing business lines, with sensing growing 6% year over year [4] Corporate Strategy - Honeywell plans to spin off its Solstice Advanced Materials segment early next year, followed by the Aerospace Technologies segment [2] - The remaining company ("RemainCo") will focus on building automation, process automation, and industrial automation, with six business units [2][3] - Each RemainCo segment will align with the company's post-separation automation pure-play strategy [3] Market Outlook - Booked orders increased in warehouse automation and process solutions, but cost inflation affected margins [5] - For the full year 2025, the company anticipates low single-digit losses in the industrial automation segment due to weaker demand and inflation [5] - The CEO expressed optimism about long-term prospects, citing the potential benefits from global reshoring trends [6][7]

Core Insights - Honeywell International Inc. reported third-quarter 2025 adjusted earnings of $2.82 per share, exceeding the Zacks Consensus Estimate of $2.56, with a year-over-year increase of 9% on an adjusted basis and a reported earnings of $2.86 per share, up 32% year over year [1][10] Financial Performance - Total revenues reached $10.41 billion, surpassing the consensus estimate of $10.16 billion, marking a 7% increase from the previous year, driven by strong performance in Aerospace Technologies and Building Automation segments, with organic sales up 6% year over year [2][10] - Aerospace Technologies generated quarterly revenues of $4.51 billion, a 15% increase year over year, with organic sales rising 12% due to increased flight activity in commercial aftermarket and defense markets [4] - Industrial Automation revenues declined 9% year over year to $2.27 billion, with organic sales growing 1% year over year, primarily due to the divestiture of the personal protective equipment business [5] - Building Automation revenues totaled $1.88 billion, up 8% year over year, with organic sales increasing 7% driven by strength in building solutions and products [6] - Energy and Sustainability Solutions revenues increased 11% to $1.74 billion, although organic sales fell 2% year over year due to weaknesses in the UOP business [7] Costs and Margins - Total cost of sales was approximately $6.86 billion, up 14.7% year over year, while selling, general, and administrative expenses decreased by 7.3% to $1.30 billion [8] - Operating income was $1.75 billion, down 6% year over year, with an operating income margin of 16.9%, compared to 19.1% in the previous year [8] Balance Sheet and Cash Flow - As of the end of the third quarter 2025, Honeywell had cash and cash equivalents of $12.9 billion, up from $10.6 billion at the end of December 2024, while long-term debt increased to $30.1 billion from $25.5 billion [9] - The company generated net cash of $3.3 billion from operating activities, compared to $2 billion in the prior-year quarter, with capital expenditure totaling $374 million [9] 2025 Guidance - For 2025, Honeywell expects sales in the range of $40.7-$40.9 billion, slightly lower than the previous projection of $40.8-$41.3 billion, with organic sales expected to increase approximately 6% [12] - The company anticipates a segment margin of 22.9-23.0%, indicating a slight increase year over year, and adjusted EPS is expected to be between $10.60 and $10.70, reflecting a 7-8% year-over-year increase [13]

Group 1 - Honeywell International Inc. reported revenue of $10.35 billion for the quarter ended June 2025, reflecting an 8.1% increase year-over-year and a surprise of +3.33% over the Zacks Consensus Estimate of $10.02 billion [1] - The earnings per share (EPS) for the quarter was $2.75, up from $2.49 in the same quarter last year, with an EPS surprise of +4.17% compared to the consensus estimate of $2.64 [1] - Honeywell's stock has returned +7.9% over the past month, outperforming the Zacks S&P 500 composite's +5.7% change, and currently holds a Zacks Rank 3 (Hold) [3] Group 2 - Net Sales in Building Automation reached $1.83 billion, exceeding the average estimate of $1.75 billion, representing a year-over-year change of +16.2% [4] - Net Sales in Industrial Automation were $2.38 billion, slightly above the average estimate of $2.24 billion, but showed a year-over-year decline of -5% [4] - Aerospace Technologies generated $4.31 billion in Net Sales, close to the average estimate of $4.33 billion, with a year-over-year increase of +10.7% [4] - Energy and Sustainability Solutions reported Net Sales of $1.84 billion, surpassing the average estimate of $1.67 billion, reflecting a year-over-year growth of +14.5% [4] - Corporate and All Other segment reported Net Sales of $2 million, significantly below the average estimate of $12.97 million, indicating a year-over-year decline of -60% [4] Group 3 - Segment Profit for Aerospace Technologies was $1.1 billion, slightly below the average estimate of $1.15 billion [4] - Building Automation achieved a Segment Profit of $479 million, exceeding the average estimate of $459.26 million [4] - Energy and Sustainability Solutions reported a Segment Profit of $443 million, surpassing the average estimate of $395.83 million [4] - Industrial Automation's Segment Profit was $456 million, above the average estimate of $438.06 million [4] - Corporate and All Other segment reported a Segment Profit of -$110 million, better than the average estimate of -$134.58 million [4]

Core Insights - Honeywell International Inc. reported first-quarter 2025 adjusted earnings of $2.51 per share, exceeding the Zacks Consensus Estimate of $2.21, marking a 7% year-over-year increase on an adjusted basis [1] - Total revenues reached $9.82 billion, surpassing the consensus estimate of $9.57 billion, and reflecting an 8% increase from the previous year, driven by the Aerospace Technologies segment [2] Financial Performance - Aerospace Technologies revenues were $4.17 billion, up 14% year over year, with organic sales increasing by 9% due to heightened flight activity in commercial aftermarket and defense markets [3] - Industrial Automation revenues declined 4% year over year to $2.38 billion, with organic sales falling 2%, impacted by softness in the safety & sensing technologies business [4] - Building Automation revenues increased 19% year over year to $1.69 billion, with organic sales up 8%, driven by strength in building solutions and products [5] - Energy and Sustainability Solutions revenues rose 2% to $1.56 billion, although organic sales fell 2% due to weakness in the Advanced Materials business [6] Costs and Margins - Total cost of sales was approximately $6.04 billion, an increase of 8.1% year over year, while selling, general and administrative expenses rose by 4.5% to $1.36 billion [7] - Operating income was $1.97 billion, reflecting a 6% year-over-year increase, with an operating income margin of 20.1% compared to 20.4% in the previous year [7] Balance Sheet and Cash Flow - As of the end of Q1 2025, Honeywell had cash and cash equivalents of $9.7 billion, down from $10.6 billion at the end of December 2024, with long-term debt increasing to $25.7 billion [8] - The company generated net cash of $597 million from operating activities, up from $448 million in the prior-year period, with capital expenditure totaling $251 million [8] - Free cash flow for the quarter was $346 million, representing a 61% increase from the previous year [9] 2025 Guidance - Honeywell expects sales for 2025 to be in the range of $39.6-$40.5 billion, with organic sales anticipated to increase by 2-5% [11] - The company projects a segment margin of 23.2-23.5%, up from 22.6% in 2024, and adjusted earnings per share between $10.20 and $10.50, indicating a 3-6% year-over-year increase [11] - Operating cash flow is expected to be in the range of $6.7-$7.1 billion, with free cash flow projected between $5.4-$5.8 billion [11] Major Developments - Honeywell plans to divest its Advanced Materials business and has already entered into a deal to divest its Personal Protective Equipment unit, leading to the creation of three publicly listed companies: Honeywell Automation, Honeywell Aerospace, and Advanced Materials [12][13] - The planned separation is expected to be completed in the second half of 2026 in a tax-free manner for shareholders [13]

Core Insights - Honeywell International Inc. reported revenue of $9.82 billion for the quarter ended March 2025, reflecting a year-over-year increase of 7.9% and surpassing the Zacks Consensus Estimate by 2.59% [1] - The company's EPS for the quarter was $2.51, up from $2.25 in the same quarter last year, resulting in an EPS surprise of 13.57% compared to the consensus estimate of $2.21 [1] Financial Performance - Net Sales in Building Automation reached $1.69 billion, exceeding the estimated $1.59 billion, marking an 18.7% increase year-over-year [4] - Aerospace Technologies generated $4.17 billion in Net Sales, surpassing the $4.04 billion estimate, with a year-over-year growth of 13.7% [4] - Corporate and All Other segment reported Net Sales of $19 million, significantly higher than the estimated $10.85 million, representing a 171.4% increase compared to the previous year [4] Segment Profit Analysis - Aerospace Technologies segment profit was $1.10 billion, slightly above the average estimate of $1.06 billion [4] - Building Automation segment profit reached $440 million, exceeding the average estimate of $411.37 million [4] - Energy and Sustainability Solutions segment profit was $346 million, close to the estimated $348.48 million [4] - Industrial Automation segment profit was $424 million, slightly below the average estimate of $430.38 million [4] - Corporate and All Other segment reported a loss of $51 million, better than the average estimate of a loss of $74.95 million [4] Stock Performance - Honeywell's shares have returned -5.2% over the past month, compared to a -0.8% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]