Honeywell Worldwide Inc. (NASDAQ:HON) is included among the many Billionaire George Soros Stock Portfolio: 10 Best Stocks to Buy.
On Could 27, Barclays raised its value suggestion on Honeywell Worldwide Inc. (NASDAQ:HON) to $251 from $243. It reiterated an Chubby ranking on the shares. The agency stated Honeywell has “clear catalysts forward,” pointing to 2 upcoming capital markets days and two deliberate spinoffs within the coming weeks. Barclays believes the inventory has 10%-15% upside potential forward of these transactions.
Throughout Honeywell’s first-quarter 2026 earnings name, Chairman and CEO Vimal Kapur stated the corporate acquired off to a robust begin to the 12 months. He famous that Honeywell continued to construct on the momentum from 2025 regardless of working in a troublesome geopolitical setting and coping with momentary mechanical provide chain constraints in its Aerospace section.
Kapur stated natural orders rose 7% through the quarter. He additionally famous that Honeywell’s backlog exceeded $38 billion, supported by a book-to-bill ratio above 1.1. As well as, the corporate expanded its working margin by 90 foundation factors to greater than 23%.On the portfolio facet, Kapur stated Honeywell introduced plans to divest its Productiveness Options and Providers enterprise in addition to its Warehouse and Workflow Options enterprise. The transactions are anticipated to shut within the second half of 2026.
He additionally said that Honeywell now expects to finish the Honeywell Aerospace spin-off within the third quarter, on June 29. Kapur added that the corporate efficiently secured $20 billion in financing for the Aerospace spin-off whereas sustaining investment-grade credit score scores.
Honeywell Worldwide Inc. (NASDAQ:HON) is an built-in working firm that serves prospects throughout a variety of industries and geographic markets. Its portfolio is supported by the Honeywell Accelerator working system and the Honeywell Forge platform.
Whereas we acknowledge the potential of HON as an funding, we consider sure AI shares supply better upside potential and carry much less draw back threat. In the event you’re searching for a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the best short-term AI stock.
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