Top 5 Automation Companies in the US

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1. Honeywell International Inc. (NASDAQ:HON)

Market Capitalization as of December 6, 2022: $142.78 billion

Honeywell International Inc. (NASDAQ:HON) is one of the leading aerospace and defense companies in the world. It also caters to the needs of the construction and industrial equipment industries.

Automation is central to Honeywell International Inc. (NASDAQ:HON)’s operations as the firm requires precise manufacturing and production alongside high output. It has automated several of its crucial processes such as welding. Welding is very important for Honeywell International Inc. (NASDAQ:HON) because it has to be done to exact aerospace specifications and skilled technicians are often hard to find.

Insider Monkey profiled 920 hedge funds for their September quarter of 2022 investments to discover that 53 had bought Honeywell International Inc. (NASDAQ:HON)’s shares.

Honeywell International Inc. (NASDAQ:HON)’s largest investor is Ric Dillon’s Diamond Hill Capital which owns 1.1 million shares that are worth $190 million.

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