Evercore ISI Group has initiated coverage on Honeywell International Inc (HON) with an Outperform rating, reflecting the firm's assessment of the company's investment potential. This marks Evercore's first evaluation of Honeywell, based on comprehensive research and analysis of the industrial conglomerate's business and growth prospects.
Headquartered in Charlotte, North Carolina, Honeywell International operates across various sectors, including aerospace, industrial automation, and building automation. The company employs approximately 102,000 full-time staff and has a market capitalisation of $121.9 billion. Its latest financial metrics include a P/E ratio of 19.90 and an EPS (TTM) of 9.49, alongside a dividend yield of 247.8%.
Looking ahead, Honeywell is expected to report its next earnings on July 22, 2026, with projected earnings per share of $2.63 and anticipated revenue of $10.0 billion. This update provides insight into the evolving perceptions of analysts regarding Honeywell's market position and future performance.
Analyst ratings can serve as useful indicators, yet they are based on assumptions that may not always materialise. Therefore, investors are advised to consider a range of factors, including company fundamentals and market trends, when making investment decisions. Analyst opinions should be one of many inputs in this process, as they can change over time with new information.