Honeywell International Stock Struggles to Keep Pace with Broader Market

Honeywell International Inc., based in Charlotte, North Carolina, is a multinational conglomerate that operates in various industries including industrial automation, building automation, and energy and sustainability solutions. With a market cap of $77 billion, the company provides a range of products and services to its customers around the world.

Over the past year, HON stock has underperformed the broader market, growing 7.1% compared to the S&P 500 Index's 19.9% surge. In 2026, the stock has risen by nearly 12.1%, but still trails the SPX's 12.9% rise.

In its industry benchmark, the State Street Industrials Select Sector SPDR ETF (XLI) has outpaced HON, rising 23.5% over the past year and 19.7% in 2026.