HON
Honeywell International Inc. Industrials - Conglomerate Investor Relations →
Honeywell International Inc. (HON) closed at $238.38 as of 2026-02-02, trading 28.7% above its 200-week moving average of $185.23. The stock moved further from the line this week, up from 23.1% last week. With a 14-week RSI of 75, HON is in overbought territory.
Over the past 3296 weeks of data, HON has crossed below its 200-week moving average 38 times. On average, these episodes lasted 21 weeks. Historically, investors who bought HON at the start of these episodes saw an average one-year return of +16.6%.
With a market cap of $160.6 billion, HON is a large-cap stock. The company generates a free cash flow yield of 2.2%. Return on equity stands at 28.2%, indicating strong profitability. The stock trades at 9.8x book value.
The company has been aggressively buying back shares, reducing its share count by 5.1% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in HON would have grown to $3666, compared to $2849 for the S&P 500. That represents an annualized return of 11.5% vs 10.6% for the index — confirming HON as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -1.4% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: HON vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HON Crosses Below the Line?
Across 16 historical episodes, buying HON when it crossed below its 200-week moving average produced an average return of +23.8% after 12 months (median +13.0%), compared to +19.6% for the S&P 500 over the same periods. 80% of those episodes were profitable after one year. After 24 months, the average return was +29.2% vs +30.8% for the index.
Each line shows $100 invested at the moment HON crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HON has crossed below its 200-week MA 38 times with an average 1-year return of +16.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 1966 | Aug 1967 | 72 | 25.9% | -1.6% | +24887.6% |
| Oct 1967 | Jan 1968 | 11 | 6.6% | -9.3% | +24651.7% |
| Jan 1968 | Feb 1971 | 160 | 43.8% | -6.8% | +24736.4% |
| Mar 1971 | Apr 1971 | 6 | 3.8% | +14.6% | +31056.9% |
| Nov 1971 | Nov 1971 | 1 | 1.1% | +18.1% | +31838.8% |
| Sep 1974 | Oct 1974 | 4 | 22.3% | +20.7% | +25306.1% |
| Oct 1974 | Oct 1974 | 1 | 4.2% | +15.5% | +24676.2% |
| Nov 1974 | Jan 1975 | 10 | 13.7% | +10.9% | +23542.1% |
| Sep 1975 | Oct 1975 | 2 | 2.6% | +25.9% | +22369.6% |
| Nov 1975 | Nov 1975 | 1 | 5.0% | +20.2% | +23009.0% |
| Dec 1975 | Dec 1975 | 3 | 1.0% | +12.9% | +21971.3% |
| Feb 1978 | Feb 1978 | 1 | 0.0% | -12.0% | +17813.0% |
| Jul 1978 | Jul 1978 | 1 | 0.2% | +6.7% | +17485.2% |
| Jul 1978 | Aug 1978 | 2 | 2.1% | +3.7% | +17735.5% |
| Sep 1978 | Jun 1979 | 39 | 20.9% | +29.2% | +17616.4% |
| Jul 1979 | Jul 1979 | 2 | 2.1% | +53.9% | +17162.9% |
| Sep 1981 | Sep 1981 | 1 | 1.9% | -7.2% | +13357.5% |
| Jan 1982 | Feb 1983 | 58 | 26.6% | -6.8% | +13063.2% |
| Oct 1987 | Jul 1989 | 91 | 30.4% | N/A | +7260.1% |
| Oct 1989 | Oct 1989 | 1 | 8.6% | -12.0% | +7452.7% |
| Jan 1990 | Feb 1990 | 2 | 0.9% | -9.4% | +6921.1% |
| Aug 1990 | Jun 1991 | 45 | 22.4% | +32.9% | +7563.4% |
| Jun 2000 | Oct 2000 | 17 | 25.1% | +6.9% | +1260.7% |
| Feb 2001 | Apr 2001 | 7 | 16.2% | -9.2% | +940.3% |
| Jun 2001 | Dec 2003 | 133 | 53.0% | -5.5% | +1104.0% |
| Sep 2008 | Mar 2010 | 75 | 45.2% | -11.0% | +791.6% |
| May 2010 | Jul 2010 | 9 | 8.9% | +43.9% | +786.9% |
| Aug 2010 | Aug 2010 | 3 | 6.0% | +16.3% | +797.0% |
| Aug 2011 | Aug 2011 | 1 | 2.3% | +44.9% | +756.9% |
| Sep 2011 | Sep 2011 | 1 | 0.7% | +46.4% | +745.9% |
| Mar 2020 | Apr 2020 | 3 | 17.9% | +93.5% | +153.4% |
| Apr 2020 | May 2020 | 4 | 9.3% | +69.4% | +110.4% |
| Jun 2020 | Jun 2020 | 1 | 0.3% | +61.3% | +104.7% |
| Jul 2022 | Jul 2022 | 2 | 1.2% | +19.7% | +57.2% |
| Sep 2022 | Oct 2022 | 4 | 5.5% | +13.1% | +58.2% |
| Sep 2023 | Sep 2023 | 1 | 0.3% | +9.8% | +43.9% |
| Sep 2023 | Oct 2023 | 5 | 4.8% | +14.9% | +43.7% |
| Mar 2025 | Apr 2025 | 1 | 2.1% | N/A | +34.6% |
| Average | 21 | — | +16.6% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02