Honeywell International Inc. (NASDAQ:HON) is included among the Goldman Sachs Dividend Stocks: Top 14 Stock Picks. Goldman Sachs Lifts Honeywell (HON) Price Target Following Re-Segmentation Update On February 23, Goldman Sachs raised its price recommendation on Honeywell International Inc. (NASDAQ:HON) to $262 from $236. The firm maintained a Buy rating on the shares. Analysts said they updated their estimates to reflect the company’s re-segmentation, according to a research note. That same day, Bloombe ...

Core Viewpoint - Honeywell has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which includes significant impairment charges related to its Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, classified as assets held for sale as part of its portfolio optimization strategy [1] Financial Performance - Honeywell reported an incremental goodwill impairment charge of $436 million associated with its Industrial Automation segment and an impairment charge on assets held for sale of $35 million, offset by a tax benefit of $61 million [1] - The company's revised full-year reported earnings per share from continuing operations is $6.94, with net income from continuing operations at $4,468 million, operating income at $5,573 million, and an operating margin of 14.9% [1] Business Strategy - The planned sale of the PSS and WWS businesses is part of Honeywell's ongoing portfolio optimization strategy, allowing the company to focus on its core automation portfolio [1] - Honeywell expects to announce the sale of the PSS and WWS businesses in the first half of 2026 [1]

Core Insights - Honeywell International Inc. is recognized as one of the 13 Best Roth IRA Stocks to Buy Now [1] - Jefferies raised its price target for Honeywell to $240 from $220 while maintaining a Hold rating, citing solid quarterly performance with 6% organic growth and a 2026 organic growth guidance of 3% to 6% [2] Financial Performance - In Q4 2025, Honeywell reported strong results with adjusted sales and adjusted EPS exceeding expectations, and a 23% increase in orders [3] - The company's backlog rose to over $37 billion, enhancing management's visibility into future demand [3] Growth Outlook - For 2026, Honeywell is positioned for significant growth in revenue and earnings, attributed to recent portfolio changes, ongoing R&D investments, and a strong backlog [4] - The company has completed the spin-off of Solstice Advanced Materials and anticipates the Aerospace spin-off to close in Q3 2026, with new leadership appointments in place [4] Organizational Changes - Honeywell has reorganized into four segments: Aerospace Technologies, Building Automation, Process Automation and Technology, and Industrial Automation, aiming to simplify operations and improve alignment [5] - Plans are in place to divest Productivity Solutions and Services and Warehouse and Workflow Solutions in the first half of 2026 [5] Innovations and Partnerships - Developments at Quantinuum include raising approximately $840 million at a $10 billion valuation, launching the Helios quantum computer, and expanding partnerships with major companies like NVIDIA and JPMorgan [6] Business Operations - Honeywell operates across various industries and regions, supported by the Honeywell Accelerator operating system and the Honeywell Forge platform, providing solutions in aerospace, building automation, industrial automation, and process technology [7]

Group 1 - Honeywell International Inc. is recognized as one of the 12 Best Dow Jones Dividend Stocks to Buy According to Hedge Funds [1] - JPMorgan upgraded Honeywell from Neutral to Overweight and raised its price target from $218 to $255, citing a valuation gap and a disconnect between the share price and the value of Honeywell's assets, particularly in aerospace [2] - Honeywell's majority-owned quantum computing unit, Quantinuum, plans to confidentially file draft IPO papers with US regulators, aiming to capitalize on the growing interest in quantum technology [3][4] Group 2 - Quantinuum raised approximately $600 million from investors, including Nvidia's venture capital arm, at a valuation of $10 billion, and serves notable customers such as Honeywell, Airbus, BMW Group, HSBC, and JPMorgan Chase [4] - Honeywell has restructured its business into three standalone companies focused on automation, aerospace, and advanced materials, divesting smaller units to enhance its automation segment [5] - Honeywell operates as an integrated company across various industries, supported by its Honeywell Accelerator operating system and Honeywell Forge platform [5]

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]

CHARLOTTE, N.C., Jan. 21, 2026 /PRNewswire/ -- Honeywell (Nasdaq: HON) and Flexjet are pleased to have reached a comprehensive agreement to resolve their pending litigation and look forward to rebuilding the parties' commercial partnership. The agreement will resolve in full all pending claims among and between the parties, as well as related litigation involving StandardAero and Duncan Aviation. Simultaneously, and as partial consideration for the resolution of the litigation, Honeywell and Flexjet have a ...

Group 1 - Honeywell International Inc. is recognized as one of the 12 Best DOW Stocks to Buy in 2026 [1] - Mizuho analyst Brett Linzey has lowered Honeywell's price target to $240 from $250 while maintaining an Outperform rating, citing an uneven industry backdrop [2] - Mizuho notes that the "tariff fog" is beginning to lift, indicating potential improvements in the industry environment [3] Group 2 - Honeywell has entered an agreement with Technip Energies to provide integrated LNG pretreatment and liquefaction solutions for Commonwealth LNG's export facility in Louisiana [3] - The project will utilize Honeywell's single-mixed refrigerant liquefaction technology and six modularized coil-wound heat exchangers, aiming to produce approximately 9.5 million tonnes of LNG annually [4] - Honeywell's heat exchangers are designed to enhance efficiency, safety, and reliability while allowing high gas throughput in a compact footprint [4] Group 3 - Honeywell is a diversified industrial company serving various industries and regions, supported by the Honeywell Accelerator operating system and the Honeywell Forge platform [5]

Core Viewpoint - Honeywell is set to release its fourth quarter financial results and 2026 outlook on January 29, 2026, before the Nasdaq Stock Market opens, followed by a conference call at 8:30 a.m. EST [1]. Group 1 - The company operates as an integrated entity serving various industries and regions globally, leveraging its Honeywell Accelerator operating system and Honeywell Forge platform [3]. - Honeywell provides solutions and innovations across multiple sectors, including aerospace, building automation, industrial automation, process automation, and process technology, aimed at enhancing safety, security, and sustainability [3]. - The Investor Relations website is utilized by Honeywell to disclose information of interest to investors and to comply with Regulation FD disclosure obligations [4].

Core Insights - Honeywell has announced an updated business segment structure that will take effect in Q1 2026, which includes the reclassification of its Advanced Materials business unit as discontinued operations starting Q4 2025 [1][2][5] Financial Guidance Adjustments - The company has adjusted its full-year 2025 guidance, reducing adjusted sales from $40.7B - $40.9B to $37.5B - $37.7B due to the impact of the Advanced Materials spin-off [6][7] - The adjusted earnings per share (EPS) guidance has been lowered from $10.60 - $10.70 to $9.70 - $9.80, reflecting a decrease of approximately $0.90 [7][8] - For Q4 2025, adjusted sales guidance has been revised from $10.1B - $10.3B to $9.8B - $10.0B, with adjusted EPS expectations adjusted from $2.52 - $2.62 to $2.48 - $2.58 [8][6] Litigation Matters - Honeywell is involved in ongoing settlement negotiations related to Flexjet litigation, expecting a one-time charge of approximately $310 million in Q4 2025, which will not affect non-GAAP financial metrics [3][10] - Total cash payments related to potential settlements are anticipated to be around $470 million [3][10] Business Segment Structure - The new business segment structure will consist of four reportable segments: Aerospace Technologies, Building Automation, Process Automation and Technology, and Industrial Automation, with the three automation segments further divided into two business units each [5][4] Historical Financial Information - Supplemental financial information has been provided to align with the new business segment structure, including the historical performance of the Advanced Materials business unit now classified as discontinued operations [4][6]

Group 1 - Honeywell International Inc. is recognized as one of the 12 Best Dogs of the Dow to invest in [1] - Evercore ISI analyst Alexander Virgo initiated coverage on Honeywell with an Outperform rating and a price target of $255, highlighting the company's advantageous position in the multi-industrials sector [2] - The analyst expects industrial stocks, including Honeywell, to outperform the broader market as growth becomes more valuable, particularly looking ahead to 2026 [3] Group 2 - Honeywell has entered a multi-year strategic partnership with Hornets Sports & Entertainment, becoming the Official Building Automation Partner of the Charlotte Hornets [4] - As part of this partnership, Honeywell will implement AI-driven technologies to enhance safety and efficiency at the Spectrum Center and Novant Health Performance Center [4] - The Spectrum Center will feature advanced security and building integration systems, with a renovated area named the Honeywell Event Level [5] Group 3 - Honeywell is a diversified operating company with a global presence, serving various industries supported by the Honeywell Accelerator operating system and Honeywell Forge platform [6]