NASDAQ · STOCK
Honeywell Technologies
$243.09
52W $195.87 – $260.28
50/100
$77.03B
9.0
0.93
Is HON Bullish or Bearish?
Mixed.
Innellis AI committee rates Honeywell Technologies (HON) Watch with a composite score of 50/100
, based on 7 analysts with 86% agreement.
Last updated July 31, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +9.87 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -10.13 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee sees neither a compelling opportunity nor a clear risk at this stage. Conditions remain neutral — patience is warranted.
Bull & Bear Case
Bull Case
- P/E of 8.9 is inexpensive for the broad market — Value
- ROE of 53.6% shows genuine earnings power backing the valuation — Value
- Dividend yield of 3.2% pays you to wait — Value
- EPS growing 169.7% YoY — Growth
- MACD histogram positive -- bullish momentum — Technical
- Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- Price-to-book of 8.0x prices in significant intangible value — Value
- Debt-to-equity of 2.24 adds balance-sheet risk to the value case — Value
- Revenue declining -0.1% YoY -- this is not a growth story right now — Growth
- Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
- Price structure making lower highs and lower lows — Technical
- Trend and market structure agree -- coherent bearish picture — Technical
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of July 31, 2026
Overall Committee Score
50/100
Agreement
86%
Analysts
7
Conviction
High
Sector Rank
Top 82%
of 158 Industrials peers
Value Analyst
neutral
55
/ 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ P/E of 8.9 is inexpensive for the broad market
− Price-to-book of 8.0x prices in significant intangible value
Growth Analyst
neutral
45
/ 100 · High confidence
Moderate growth -- present but not remarkable
+ EPS growing 169.7% YoY
− Revenue declining -0.1% YoY -- this is not a growth story right now
Technical Analyst
neutral
56
/ 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
− Price structure making lower highs and lower lows
Risk Analyst
bearish
32
/ 100 · Moderate confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− High leverage (debt-to-equity 2.24) amplifies downside in a stress scenario
Macro Analyst
neutral
58
/ 100 · Moderate confidence
Macro backdrop is mixed or neutral -- not a strong tailwind or headwind either way
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst
neutral
60
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
neutral
45
/ 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2744.14)
Investment Thesis Evolution
Committee score moved marginally from 51.8 to 50.1.
- Conviction strengthened -- analysts aligned more closely.
- Committee agreement increased sharply from 57% to 86%.
- New bearish signals: 3 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- New bullish signals: 2 appeared.
- Bearish pressure eased: 3 signal(s) disappeared.
- Analyst(s) changed stance: Macro Analyst, News Analyst.
Analyst-level changes:
- Macro Analyst: stance bullish->neutral; score 65->58 (-8); +1 bullish signal(s).
- News Analyst: stance bullish->neutral; score 64->60 (-4).
- Portfolio Manager: +2 bearish signal(s).
- Risk Analyst: +1 bearish signal(s).
- Value Analyst: +1 bullish signal(s).
Comparing 2026-07-30 to 2026-07-31 (1 day apart).
Technical Analysis
RSI (14)
47.2
Neutral
MACD Histogram
9.399
Bullish Momentum
Trend Direction
Downtrend
Weekly: Downtrend
Market Structure
Lh Ll
Bollinger %B
0.79
Inside Bands
Price vs Moving Averages
EMA 9
$241.18
Above
EMA 21
$257.53
Below
EMA 50
$315.32
Below
EMA 200
$396.01
Below
Fundamental Analysis
Valuation
92
Growth
53
Profitability
1
Financial Health
51
Cash Flow
37
Valuation
P/E Ratio
9.0×
P/B Ratio
3.06×
PEG Ratio
0.17
Dividend Yield
0.04%
52W High
$260.28
52W Low
$195.87
Quality & Growth
ROE
30.6%
ROA
6.4%
Gross Margin
36.6%
Operating Margin
14.1%
Revenue Growth YoY
—
Debt / Equity
1.14
AI Fundamental Assessment
P/E ratio of 9.0 (inexpensive relative to a 15-40x range); Price-to-book of 3.1x; PEG ratio of 0.2 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 0.3%; Return on assets of 0.1%; Net margin of 0.2%; Gross margin of 0.4%; Current ratio of 1.21 (tight short-term liquidity); Debt-to-equity of 1.14; Free cash flow margin of 0.8% (thin cash generation); Free cash flow per share is positive (12.99); Most recent quarter missed estimates by 7.0%; EPS growth decelerating (-5.4% -> -7.8% QoQ); Average YoY EPS growth of 64.4%; Analyst estimates falling over recent quarters
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