Honeywell upgrades guidance on strong backlog, segment recovery, and margin growth potential

Honeywell Technologies is rated Buy due to its strong backlog, recovery in key segments, and opportunities for margin expansion. The company sees revenue growth rebounding in Process Automation & Technology, steady growth in Building Automation, and a turnaround in Industrial Automation. Management raised its fiscal year 2026 guidance, expecting 4%-5% organic revenue growth, adjusted EPS of $8.40-$8.45, and free cash flow of $2.1 billion. Trading below peers at 22.7 times FY27 EPS, Honeywell offers double-digit EPS growth and potential for valuation re-rating as execution improves.

Honeywell International Inc (HON) trades at USD 229.18 on Pluang as of Nov 05, 2026 17:41 WIB, showing a modest 0.31% gain for the day. The stock holds a market cap of $71.01 billion and a dividend yield of 1.25%, with all Pluang orders currently favoring buys. This steady trading aligns with the company's raised fiscal 2026 guidance and optimistic outlook for 2027 highlighted in the news.