Honeywell International (NASDAQ:HON) Price Target Raised to $265.00

Honeywell International (NASDAQ:HONFree Report) had its price target boosted by Mizuho from $240.00 to $265.00 in a research note released on Monday,Benzinga reports. Mizuho currently has an outperform rating on the conglomerate’s stock.

Several other brokerages have also commented on HON. Weiss Ratings lowered Honeywell International from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 29th. Wells Fargo & Company reduced their target price on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Citigroup increased their target price on Honeywell International from $260.00 to $279.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Wolfe Research raised shares of Honeywell International to a “hold” rating in a research note on Monday, June 29th. Finally, Royal Bank Of Canada boosted their price target on shares of Honeywell International from $272.00 to $298.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Thirteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $254.25.

View Our Latest Analysis on Honeywell International

Honeywell International Trading Down 2.4%

Shares of Honeywell International stock opened at $241.12 on Monday. The firm has a 50-day simple moving average of $227.79 and a two-hundred day simple moving average of $227.67. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.93 and a current ratio of 1.21. Honeywell International has a fifty-two week low of $196.59 and a fifty-two week high of $261.24. The company has a market cap of $76.42 billion, a P/E ratio of 9.32, a price-to-earnings-growth ratio of 5.54 and a beta of 0.90.

Honeywell International (NASDAQ:HONGet Free Report) last posted its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.15. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The firm had revenue of $9.72 billion for the quarter, compared to analysts’ expectations of $5.03 billion. During the same period last year, the firm earned $1.77 EPS. The company’s quarterly revenue was up 3.4% on a year-over-year basis. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. As a group, equities analysts predict that Honeywell International will post 8.24 earnings per share for the current fiscal year.

Honeywell International Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, August 14th. Honeywell International’s dividend payout ratio (DPR) is 36.80%.

Insider Buying and Selling at Honeywell International

In other news, CEO Kenneth J. West sold 17,032 shares of Honeywell International stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $243.77, for a total value of $4,151,890.64. Following the sale, the chief executive officer directly owned 2,132 shares of the company’s stock, valued at $519,717.64. The trade was a 88.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.15% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HON. Cardinal Capital Management Inc. increased its position in shares of Honeywell International by 6.1% in the 4th quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock valued at $27,064,000 after purchasing an additional 7,929 shares during the last quarter. Douglas Lane & Associates LLC raised its holdings in shares of Honeywell International by 56.1% in the 4th quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock valued at $14,199,000 after purchasing an additional 26,162 shares in the last quarter. Exencial Wealth Advisors LLC lifted its position in shares of Honeywell International by 36.6% during the 4th quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock worth $15,844,000 after purchasing an additional 21,770 shares during the last quarter. Valley Wealth Managers Inc. lifted its position in shares of Honeywell International by 33.9% during the 4th quarter. Valley Wealth Managers Inc. now owns 114,016 shares of the conglomerate’s stock worth $22,243,000 after purchasing an additional 28,875 shares during the last quarter. Finally, MADDEN SECURITIES Corp acquired a new position in shares of Honeywell International during the fourth quarter worth $1,418,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Key Stories Impacting Honeywell International

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Honeywell International Company Profile

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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.

Further Reading

Analyst Recommendations for Honeywell International (NASDAQ:HON)

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