Latest news with #HON
American Press
2 hours ago
- Business
- American Press
Trump grants exemptions to Louisiana chemical facilities
(Metro Creative Serivces) President Donald Trump issued a proclamation exempting certain chemical manufacturing facilities from upcoming changes to the EPA's Hazardous Organic National Emission Standards for Hazardous Air Pollutants. The new rule, finalized on May 16, 2024, would impose stricter emissions control requirements on facilities in the synthetic chemical and polymer manufacturing sectors. In his proclamation, President Trump highlighted the 'substantial burdens' that these regulations would impose on chemical manufacturers who are already operating under stringent regulations. The president expressed concerns that many of the testing and monitoring requirements outlined in the HON Rule rely on technologies that are either unavailable, unproven at the required scale, or unsafe to implement under real-world conditions. 'These requirements assume uniform technological availability across facilities, despite significant variation in site conditions, equipment configurations, and permitting realities,' the proclamation reads. 'For many facilities, compliance would require shutdowns or costly capital investments without a clear path to meeting the new standards.' The new HON rule aims to reduce toxic air pollutants from equipment and processes used in synthetic chemical manufacturing. It directly affects facilities across Louisiana, Texas, New Jersey, Delaware, and the Ohio River Valley. The rule targets smog-forming volatile organic compounds and establishes new emission limits for dioxins and furans. Additionally, facilities will be required to implement fenceline monitoring if they handle any of six high-risk chemicals. The facilities in Louisiana granted an exemption from these new regulations include prominent chemical plants such as Shell Geismar, Dow Chemical Glycol Plant, Formosa Plastic, Union Carbide/Dow Chemical in Hahnville, Westlake Vinyl and several others. 'LDEQ leadership was aware that some Louisiana facilities had applied for this exemption, and we were closely monitoring the status,' said Courtney Burdette, Secretary of the Louisiana Department of Environmental Quality. 'We will continue to enforce existing HON rules for these plants, with no changes in how the agency oversees their operations.' The proclamation also stresses the importance of maintaining a robust domestic chemical industry, citing its vital role in national defense, energy, agriculture, and public health sectors. Trump emphasized that a disruption in the industry would weaken key supply chains, increase dependence on foreign producers, and impair the country's crisis response capabilities. The exemption granted to these facilities delays compliance with the HON rule for an additional two years beyond the original deadline. During this period, these facilities will continue to operate under the previous emissions standards.
Globe and Mail
3 hours ago
- Business
- Globe and Mail
Honeywell's Q2 Earnings & Revenues Beat Estimates, 25' View Up
Honeywell International Inc. HON reported second-quarter 2025 adjusted earnings of $2.75 per share, which surpassed the Zacks Consensus Estimate of $2.64. The bottom line increased 10% year over year on an adjusted basis. On a reported basis, the company's earnings were $2.45 per share, up 4% year over year. Total revenues of $10.35 billion beat the consensus estimate of $10.02 billion. The top line increased 8% from the year-ago quarter, driven by strength in the Aerospace Technologies segment. Organic sales increased 5% year over year. Honeywell Q2 Performance by Business Segment Beginning in the second quarter of 2024, the company started operating under the segments discussed below. Aerospace Technologies' quarterly revenues were $4.31 billion, up 11% year over year. Organic sales increased 6% year over year. Strength in both commercial aftermarket and defense and space markets, driven by increased flight activity, augmented the top line. Our estimate for the segment's revenues was $4.28 billion. Industrial Automation revenues declined 5% year over year to $2.38 billion. Organic sales were flat year over year. The sales decline was attributable to softness in the warehouse and workflow solutions business, which was partially offset by growth in the sensing and safety technologies business. Our estimate for segmental revenues was pegged at $2.36 billion. Building Automation revenues totaled $1.83 billion, up 16% year over year. Organic sales increased 8% year over year. The upside was driven by ongoing strength in both the building solutions and building products businesses. Our estimate for the segment's revenues was $1.71 billion. Energy and Sustainability Solutions' revenues increased 15% to $1.84 billion. Organic sales rose 6% year over year. The results were driven by strength across UOP, specialty chemicals and materials businesses. However, weakness in the fluorine products business offset the gains. Our estimate for the segment's revenues was $1.63 billion. Costs & Margins of HON The company's total cost of sales (cost of products and services) was about $6.33 billion, up 8.1% year over year. Selling, general and administrative expenses were $1.43 billion, up 4.9%. Interest expenses and other financial charges were $330 million, reflecting an increase of 32% year over year. Operating income was $2.11 billion, up 7% year over year. The operating income margin was 20.4% compared with 20.7% in the year-ago period. HON's Balance Sheet & Cash Flow Exiting second-quarter 2025, Honeywell had cash and cash equivalents of $10.3 billion compared with $10.6 billion at the end of December 2024. Long-term debt was $30.2 billion, higher than $25.5 billion at 2024-end. In the second quarter, it generated net cash of $1.3 billion from operating activities compared with $1.4 billion in the prior-year quarter. Capital expenditure totaled $303 million compared with $259 million in the previous year quarter. Free cash flow in the quarter was $1 billion, down 8.6% from the year-ago quarter's level. Honeywell's 2025 Guidance For 2025, Honeywell expects sales to be in the range of $40.8-$41.3 billion, higher than $39.6-$40.5 billion projected previously. Organic sales are now expected to increase in the range of 4-5% compared with its earlier projection of 2-5%. HON expects a segment margin of 23.0-23.2% compared with 22.6% in 2024. Adjusted earnings per share (EPS) are expected to be between $10.45 and $10.65, higher than $10.20-$10.50 guided earlier. The metric indicates an increase of 6-8% on a year-over-year basis. It continues to expect operating cash flow in the range of $6.7-$7.1 billion. Free cash flow is still expected to be in the band of $5.4-$5.8 billion. HON's Zacks Rank & Key Picks The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Some better-ranked stocks from the same space are discussed below: Huntington Ingalls Industries HII presently sports a Zacks Rank of 1. HII's earnings surpassed the consensus estimate twice and missed in the other two occasions in the trailing four quarters. The average earnings surprise was 4.2%. In the past 60 days, the Zacks Consensus Estimate for Huntington Ingalls' 2025 earnings has increased 0.8%. Howmet Aerospace HWM currently carries a Zacks Rank #2 (Buy). HWM has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 8.8%. In the past 60 days, the Zacks Consensus Estimate for Howmet Aerospace's 2025 earnings has increased 0.9%. ITT Inc. ITT currently carries a Zacks Rank of 2. ITT has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 1.7%. In the past 60 days, the Zacks Consensus Estimate for ITT's 2025 earnings has increased 0.9%. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON): Free Stock Analysis Report ITT Inc. (ITT): Free Stock Analysis Report Huntington Ingalls Industries, Inc. (HII): Free Stock Analysis Report Howmet Aerospace Inc. (HWM): Free Stock Analysis Report
Business Insider
2 days ago
- Business
- Business Insider
3 Quantum Computing Stocks with Potential to Beat the Market – 7/21/2025
Quantum computing, though still in its early stages, is expected to be the next big revolution after artificial intelligence (AI). This emerging technology can tackle complex problems more quickly than traditional computers due to its ability to process information using quantum bits (qubits) instead of regular bits. Thus, investing in quantum computing stocks could give long-term investors a chance to benefit from new technology and market growth. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. To find such stocks, take a look at TipRanks' Quantum Computing Stocks page. It allows you to compare stocks based on analyst consensus, price targets, and key technical indicators, among others. Today, we have picked stocks that carry an Outperform Smart Score (i.e., 8, 9, or 10) on TipRanks, which indicates that these stocks have the potential to beat the market. Here are today's top quantum computing stock picks. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio. Honeywell International (HON) – HON leads in trapped-ion quantum systems and has seen progress in error correction and commercial applications. Its global partnerships and cybersecurity tools make it a top contender in building reliable, scalable quantum systems. The stock has earned an analyst consensus of Moderate Buy. Also, HON stock has a Smart Score of nine. IonQ (IONQ) – IonQ recently secured a $1 billion equity investment to scale its systems and expand global reach. Its current platforms, Forte and Forte Enterprise, are delivering 20x performance gains for several key clients. It aims to deliver a 2 million-qubit machine by 2030. Interestingly, IONQ stock has an analyst consensus of Strong Buy and a Smart Score of eight.
Yahoo
15-07-2025
- Business
- Yahoo
Honeywell: A Safe and Steady Dividend Stock in the Industrial Space
Honeywell International Inc. (NASDAQ:HON) is included among the 13 Best Industrial Dividend Stocks to Buy Right Now. A shot of a commercial plane with a blur of color in the background, representing the production of auxiliary power units in the Safety and Productivity Solutions segment. The company has been grabbing investors' attention due to its solid balance sheet. It has raised its dividend 15 times over the past 14 consecutive years. As noted in its 2025 proxy statement, it has strategically allocated $14.6 billion across mergers and acquisitions, capital investments, share repurchases, and dividend payouts to strengthen its portfolio and boost shareholder returns. Honeywell International Inc. (NASDAQ:HON)'s strong cash flow also supports its ability to maintain dividend payments. In the first quarter of 2025, the company reported $600 million in operating cash flow and $300 million in free cash flow, marking a 61% increase from the prior year. A free cash flow margin of 13% further underscores its positive financial outlook. For the full year 2025, Honeywell International Inc. (NASDAQ:HON) expects operating cash flow to be between $6.7 billion and $7.1 billion, with free cash flow projected in the range of $5.4 billion to $5.8 billion. The company pays a quarterly dividend of $1.13 per share and has a dividend yield of 1.92%, as of July 13. While we acknowledge the potential of HON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
What to Expect From Honeywell's Q2 2025 Earnings Report
With a market cap of $154.5 billion, Honeywell International Inc. (HON) is a global technology and manufacturing leader that operates across the aerospace, industrial automation, building automation, and energy and sustainability sectors. With a strong presence in commercial aviation and defense, the company is expanding into emerging markets, such as unmanned aerial systems (UAS) and urban air mobility (UAM), through its dedicated UAS unit. The Charlotte, North Carolina-based company is expected to announce its fiscal Q2 2025 results before the market opens on Thursday, Jul. 24. Ahead of this event, analysts forecast HON to report an adjusted EPS of $2.63, up 5.6% from $2.49 in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in the past four quarters. HON surpassed the consensus adjusted EPS estimate by 13.6% in the most recent quarter. Chevron Stock's 4.6% Dividend Yield and 1.67% One Month Short Put Yield Make CVX a Buy Tariff Dealine, Fed Minutes and Other Key Thing to Watch this Week SoFi Stock Is Betting on Crypto Again. How Should You Play SOFI Stock Here? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts expect Honeywell International to report adjusted EPS of $10.39, up 5.1% from $9.89 in fiscal 2024. Moreover, adjusted EPS is expected to grow 8.9% year-over-year to $11.31 in fiscal 2026. Honeywell International stock has increased 13.2% over the past 52 weeks, outperforming the broader S&P 500 Index's ($SPX) 12.4% gain. However, the stock has lagged behind the Industrial Select Sector SPDR Fund's (XLI) 23.4% return over the same period. Honeywell stock rose 5.4% on Apr. 29 after the company reported strong Q1 2025 results that exceeded guidance across all key metrics, including sales of $9.8 billion and adjusted EPS of $2.51. The company raised its full-year adjusted EPS guidance to $10.20 - $10.50 and reported 8% backlog growth, with especially strong performance in its Building Automation and Energy and Sustainability Solutions segments. Investors were further encouraged by the announcement of a $2.2 billion Sundyne acquisition, $1.9 billion in share repurchases, and progress on the planned separation into three public companies. Analysts' consensus rating on Honeywell International stock is cautiously optimistic, with an overall "Moderate Buy" rating. Out of 22 analysts covering the stock, 12 recommend a "Strong Buy" and 10 give a "Hold" rating. This configuration is slightly more bullish than it was three months ago, with 11 analysts recommending a "Strong Buy." As of writing, HON is trading below the average analyst price target of $245.75. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
