BUZZ-PREVIEW: Honeywell gains ahead of post-spinoff, post-stock split quarterly results
Honeywell International Inc. HON | 0.00 | |
Honeywell Aerospace Inc HONA | 0.00 | |
Dow Jones Industrial Average DJI | 0.00 |
** Shares of Honeywell International HON.O up nearly 1% on Wed ahead of qrtly results due before the opening bell Thurs
** Industrial conglomerate seen posting Q2 adj EPS of $4.81, a ~12.6% y/y decrease, on $9.51 bln in rev, down 8.2% from Q2 2025, according to LSEG data
** HON has beaten or met EPS estimates every qtr going back to at least Q1 2021, per LSEG
** On July 8 co raised its H2 and full-year profit targets after completing a one-for-two stock split; the move followed the spin-off of its aerospace segment, now listed as Honeywell Aerospace HONA.O
** Of 30 analysts covering HON, 18 rate stock "buy" or "strong buy", 11 recommend "hold," with 1 "sell" rating
** Median 12-mo PT of $272.00, down 43.3% from pre-split $480.00 PT one month ago (LSEG)
** HON options imply a 4.2% swing for the shares, in either direction by Friday, per Trade Alert data; that is lower than the stock's avg move of 5.2% on the day of results over the last eight qtrs
** HON shares have gained 13.5% YTD compared with the Dow's .DJI 8.8% advance over the same timeframe
