Shares of Honeywell International Inc. (NASDAQ:HON – Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $237.73 and last traded at $247.8090, with a volume of 565840 shares changing hands. The stock had previously closed at $464.42.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the company. Sanford C. Bernstein initiated coverage on Honeywell International in a research report on Wednesday, June 10th. They set a “market perform” rating and a $233.00 target price for the company. Citigroup lowered their target price on Honeywell International from $265.00 to $257.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. TD Cowen cut their price target on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Wolfe Research reiterated an “outperform” rating and issued a $275.00 target price on shares of Honeywell International in a research note on Friday, May 29th. Finally, Barclays reduced their price target on Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a research report on Wednesday, June 10th. Thirteen research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $246.92.
Get Our Latest Report on Honeywell International
Honeywell International Price Performance
Honeywell International (NASDAQ:HON – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.30 billion. During the same period in the prior year, the business posted $2.21 earnings per share. The company’s revenue was up 2.4% on a year-over-year basis. Honeywell International has set its FY 2026 guidance at 10.350-10.650 EPS and its Q2 2026 guidance at 2.350-2.450 EPS. Sell-side analysts forecast that Honeywell International Inc. will post 10.54 earnings per share for the current year.
Honeywell International Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were given a dividend of $1.19 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.76 annualized dividend and a yield of 2.0%. Honeywell International’s dividend payout ratio is presently 67.42%.
Institutional Investors Weigh In On Honeywell International
Several institutional investors and hedge funds have recently bought and sold shares of HON. Holos Integrated Wealth LLC purchased a new stake in Honeywell International in the fourth quarter worth $25,000. Caitlin John LLC raised its position in shares of Honeywell International by 138.9% in the 4th quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock worth $25,000 after acquiring an additional 75 shares in the last quarter. Ares Financial Consulting LLC purchased a new position in shares of Honeywell International in the 4th quarter valued at approximately $26,000. Hilton Head Capital Partners LLC purchased a new position in shares of Honeywell International in the 4th quarter valued at approximately $28,000. Finally, University of Texas Texas AM Investment Management Co. bought a new stake in shares of Honeywell International during the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Honeywell International Company Profile
Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.
Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.
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