Honeywell International Inc. HON recently launched the Honeywell Ionic Modular All-in-One, a state-of-the-art battery energy storage system (BESS). Developed for commercial and industrial use, this compact battery energy storage platform delivers high energy output with reduced installation costs.
Inside the Headlines
The Honeywell Ionic All-in-One comes with an advanced modular system and incorporates a lithium-ion battery design, which allows it to provide users with flexible power storage options that range from 250 kilowatt-hour (kWh) to five megawatt-hour (MWh).
This latest battery energy storage solution also incorporates Honeywell’s Ionic Control and Energy Management system, which helps users easily monitor, control and customize energy use on its deployed spot. The system also contains ISA Secure 2 cybersecurity, protecting users from cyberattacks.
By integrating scalable battery storage with Honeywell’s innovative control system, the latest solution will help reduce energy costs, offer grid stability during variations in power demand and supply backup power when required.
HON’s Zacks Rank
Strength in the defense business and growth in air transport flight hours augur well for Honeywell. Solid demand for building products also bodes well for the company.
In the past year, this Zacks Rank #3 (Hold) company’s shares have risen 3.7% compared with the industry’s 10% growth.
Image Source: Zacks Investment ResearchHowever, weakness in the Industrial Automation segment due to lower demand for projects is worrisome. The weakened demand for productivity solutions and services is also concerning.
Stocks to Consider
Better-ranked companies are discussed below.
Federal Signal Corporation FSS currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
FSS delivered a trailing four-quarter average earnings surprise of 5.7%. In the past 60 days, the Zacks Consensus Estimate for FSS’ 2025 earnings has increased 4.2%.
ITT Inc. ITT presently carries a Zacks Rank of 2. It has a trailing four-quarter average earnings surprise of 1.5%.
The Zacks Consensus Estimate for ITT’s 2025 earnings has increased 1.7% in the past 60 days.
DNOW Inc. DNOW presently carries a Zacks Rank of 2. DNOW delivered a trailing four-quarter average earnings surprise of 44.1%.
In the past 60 days, the consensus estimate for DNOW’s 2025 earnings has increased 9.2%.
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Honeywell International Inc. (HON): Free Stock Analysis Report ITT Inc. (ITT): Free Stock Analysis Report Federal Signal Corporation (FSS): Free Stock Analysis Report DNOW Inc. (DNOW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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