Honeywell posts strong Q3 2026 results focusing on building and industrial automation after aerospace spinoff

Honeywell Technologies has completed the spinoff of its Aerospace division and is now concentrating on building and industrial automation. In Q3 2026, the company reported a 7% organic revenue increase and a 34% growth in earnings per share, driven by projects in LNG, refineries, and data centers. While the stock trades at a relatively high forward P/E of 23 for 2027, there is potential for margin expansion as project revenue shifts toward higher-margin services. Investors should watch near-term cash flow and order growth closely, with a Hold rating set at $221.

As of Oct 27, 2026 19:42 WIB, Honeywell International Inc (HON) shares are trading at USD 221.47 on Pluang, up 1.00% for the day. The stock's market capitalization stands at $69.50 billion, reflecting significant investor interest despite a Hold rating at $221. Notably, Pluang data shows a typical holding period of 91 days, indicating moderate-term investor confidence in the industrial sector.