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Nov 18, 2025 4:00 PM

Honeywell Aerospace, Automation Split Raises Investor Concerns; Analyst Warns Shares Could Lag Peers

Bank of America Securities analyst Andrew Obin downgraded Honeywell International Inc. (NASDAQ:HON) from Buy to Underperform and lowered the price forecast from $265 to $205.

Analyst View

The analyst notes that the company is reorganizing its portfolio, including a planned split into Honeywell Aerospace and Honeywell Automation in the second half of 2026.

While such simplifications historically create value and bring greater operational focus, the path to realizing this catalyst appears challenging, adds the analyst.

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