No substantive new briefing data was available for Honeywell International Inc. (HON) in the 30 days preceding this report's generation date of 2026-09-27. Prior reporting cycles dated 2026-09-11 and 2026-09-19 similarly noted an absence of material company-specific news, with both periods indicating that institutional position changes were the primary driver of reporting activity [Brief - 2026-09-19] [Brief - 2026-09-11].
As of the quarter ended 2026-06-30, Honeywell reported trailing twelve-month revenue of $38.06 billion, representing year-over-year growth of approximately 4.3%. Net income on a TTM basis stood at $8.26 billion, with a net margin of 21.7% and an operating margin of 21.98%. Gross margin was recorded at 63.84%. EPS grew 263.88% year-over-year on a TTM basis. The company held $8.75 billion in cash against total debt of $33.99 billion. Market capitalisation was approximately $67.36 billion, with a price-to-earnings ratio of 10.98 [SEC 10-Q - HON - 2026-06-30].
The primary trigger for this report was a material change in institutional ownership. ARK Invest reduced its position in HON by 40% during the most recent filing period, representing a significant reduction in exposure from that filer [SEC 13F - ARK Invest - Q2 2026]. No insider transaction data from SEC Form 4 filings was available in the provided context for this reporting period.
The prevailing macroeconomic backdrop includes a 10-year US Treasury yield of 5.18% and a 2-year yield of 4.87%, producing a normal yield curve spread of approximately 31 basis points [FRED DGS10] [FRED DGS2]. The 10-year rate at this level reflects a higher cost-of-capital environment relative to post-pandemic lows, a condition relevant to capital-intensive industrials carrying substantial debt obligations such as Honeywell's reported $33.99 billion in total debt [SEC 10-Q - HON - 2026-06-30].