HONEYWELL INTERNATIONAL INC · Aircraft Engines & Engine Parts

HON

Low riskNext report: Around Dec 21 (est.)

View price ↗

The short version

A high-quality, profitable business with steady sales. Institutions are trimming.

Going well

Profitable every year for 10 years
Brings in more cash than it spends
Buying back shares: share count down 5.9% in 3 years

Watch out for

High debt: 2.06x equity

Money moves

Insiders sold $2.1M in the last 30 days
Institutions cut 51% from their holdings in the quarter ending June 2026 (207 bought, 2617 sold)
Held by George Soros (Soros Fund), Cathie Wood (ARK Invest)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$219.19-0.9% that day

Company value: $69.6B; Share price times all shares
Price vs profit (P/E): 9.9x; You pay about $10 for each $1 of yearly profit
Price vs sales: 1.9x; Company value is 1.9 times a year of sales
Dividend yield: 2.1%; Yearly dividend as a share of today's price
Cash vs value: 8%; Cash as a share of company value
Debt vs value: 41%; Debt as a share of company value

From HON's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Profit, Sep '26

$664.0M-64% vs a year earlier

Dec '23Tap a barSep '26

Last 12 months: $7.1B, up 15% from the 12 months before.

What the price assumes

Your guesses, our math

Move the sliders to your own view of HON. Starting points are the company's recent numbers.

Sales growth+3% a yearRecently: +2.8% a yearProfit margin19%Last 12 months: 18.8%P/E at the end10xToday: 9.9x. Many steady companies trade at 12x to 25xShare count change-2% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$43.4B

Profit in 5 years$8.2B

Price these guesses point to$287.49+31% vs $219.19 todayAbout +5.6% a year, before dividends

What today's price needs: with a 19% margin and a 10x P/E, sales could shrink about 2.4% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

5/6Strong

PassReturn on equity 15%+Earns a lot on the money owners have in the business.29.1%
MissDebt under half of equityNot relying on borrowed money.2.06x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.12.6%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$5.4B
PassShare count not growingNot diluting owners. Falling means buybacks.-5.9% in 3 years

Revenue: $37.4B; +7.8% vs prior year
5-year growth: +2.8%/yr; revenue, per year
Total debt: $28.7B; 2.06x equity
Current ratio: 1.30x; short-term assets / bills due

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Sep 30, 2026

Reported Oct 22Before open6:02 am ET

EPS: $2.08; vs $5.71
Free cash flow: $286.0M
Share count: -0.1%; vs a year ago

Insider rating

Last 90 days

28Selling

2 insiders sold $2.1M (not pre-planned)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

66/ 100

This week: 4
Normal week: 2.1
vs normal: 1.9x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Distributing-50.6%

Institutions cut 50.6% from their holdings. 207 bought, 2617 sold. 2 quarters of net selling in a row.

Shares held by institutions243.8M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-1.3%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.6x · $14.2B debt

Shares outstandingLatest reported

317M

Earnings reports

Last 12

Next reportAround Dec 21 (est.)Estimated from the same quarter last year

Results filedOct 22
Results filedJul 23
Results filedJun 29
Results filedApr 23
Results filedJan 29

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

New 5%+ holder (passive)Aug 13 · View filing ↗Big holder New 5%+ holder (passive)Aug 7 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$2.1M2 insiders, 0 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Vimal KapurChief Executive Officer	Sell	6K	$220.99	$1.4M	4K	Oct 26Filing ↗
-59.3% of their holdings Not a pre-planned sale Also Director Filed 1 day after
Su Ping LuSrVP, General Counsel, CorpSec	Sell	3K	$221.18	$651K	7K	Oct 26Filing ↗
-30.7% of their holdings Not a pre-planned sale Filed 1 day after