Honeywell International Inc. (HON) Laps the Stock Market: Here’s Why

Jul 10, 2026
honeywell-international-inc.-(hon)-laps-the-stock-market:-here’s-why

Honeywell International Inc. (HON) closed the most recent trading day at $223.42, moving +1.39% from the previous trading session. This change outpaced the S&P 500’s 0.81% gain on the day. Meanwhile, the Dow experienced a rise of 0.27%, and the technology-dominated Nasdaq saw an increase of 1.3%.

Prior to today’s trading, shares of the company had lost 46.48% lagged the Conglomerates sector’s loss of 20.75% and the S&P 500’s gain of 1.13%.

The investment community will be closely monitoring the performance of Honeywell International Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on July 23, 2026. It is anticipated that the company will report an EPS of $1.82, marking a 66.91% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $8.06 billion, indicating a 22.18% decrease compared to the same quarter of the previous year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $8.29 per share and revenue of $34.52 billion, indicating changes of -57.62% and -14.42%, respectively, compared to the previous year.

Investors should also note any recent changes to analyst estimates for Honeywell International Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we’ve formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 9.87% lower. Honeywell International Inc. presently features a Zacks Rank of #3 (Hold).

In the context of valuation, Honeywell International Inc. is at present trading with a Forward P/E ratio of 26.57. Its industry sports an average Forward P/E of 12.73, so one might conclude that Honeywell International Inc. is trading at a premium comparatively.

It’s also important to note that HON currently trades at a PEG ratio of 3.94. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. The Diversified Operations industry currently had an average PEG ratio of 1.47 as of yesterday’s close.

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