Honeywell International (NASDAQ:HON) Given New $268.00 Price Target at Royal Bank Of Canada

Honeywell International (NASDAQ:HONGet Free Report) had its price target raised by equities researchers at Royal Bank Of Canada from $249.00 to $268.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage currently has an “outperform” rating on the conglomerate’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 18.30% from the company’s current price.

Several other analysts also recently commented on HON. Deutsche Bank Aktiengesellschaft lowered their price objective on Honeywell International from $265.00 to $264.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Sanford C. Bernstein set a $255.00 target price on Honeywell International in a research note on Friday, January 16th. Jefferies Financial Group cut their price objective on Honeywell International from $230.00 to $220.00 in a research report on Monday, November 3rd. Rothschild & Co Redburn dropped their target price on shares of Honeywell International from $240.00 to $222.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. Finally, Barclays dropped their price objective on shares of Honeywell International from $269.00 to $250.00 and set an “overweight” rating on the stock in a report on Wednesday, December 24th. Eleven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $238.57.

Check Out Our Latest Report on HON

Honeywell International Price Performance

NASDAQ:HON opened at $226.55 on Friday. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.36 and a quick ratio of 1.04. The company has a fifty day moving average price of $201.73 and a 200 day moving average price of $209.12. The stock has a market cap of $143.83 billion, a P/E ratio of 23.87, a PEG ratio of 2.57 and a beta of 0.95. Honeywell International has a one year low of $169.21 and a one year high of $228.04.

Honeywell International (NASDAQ:HONGet Free Report) last issued its quarterly earnings data on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.The company had revenue of $10.07 billion during the quarter, compared to analysts’ expectations of $9.60 billion. During the same quarter in the previous year, the company posted $2.47 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis. Analysts anticipate that Honeywell International will post 10.34 earnings per share for the current year.

Hedge Funds Weigh In On Honeywell International

A number of hedge funds have recently made changes to their positions in the company. Armstrong Fleming & Moore Inc acquired a new position in Honeywell International during the second quarter worth $998,000. Lockheed Martin Investment Management Co. purchased a new position in Honeywell International during the third quarter worth $4,147,000. Triton Financial Group Inc acquired a new position in shares of Honeywell International in the second quarter worth $1,001,000. Managed Asset Portfolios LLC lifted its position in shares of Honeywell International by 2.3% in the second quarter. Managed Asset Portfolios LLC now owns 95,833 shares of the conglomerate’s stock valued at $22,317,000 after acquiring an additional 2,154 shares in the last quarter. Finally, Baxter Bros Inc. boosted its stake in shares of Honeywell International by 14.6% during the second quarter. Baxter Bros Inc. now owns 35,733 shares of the conglomerate’s stock valued at $8,321,000 after acquiring an additional 4,543 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

More Honeywell International News

Here are the key news stories impacting Honeywell International this week:

  • Positive Sentiment: Q4 beat on both EPS and sales, with adjusted EPS of $2.59 above estimates and adjusted sales ~ $10.1B; orders rose sharply (organically up ~23%) and backlog tops $37B — evidence of durable demand driving revenue and margins. PR Newswire Q4 Release
  • Positive Sentiment: Analyst and media commentary emphasize that margin expansion — not just top‑line growth — is the market’s focus; several writeups argue profitability improvement and efficiency gains will continue to support valuation. Seeking Alpha: Margin Expansion
  • Positive Sentiment: Honeywell moved up its aerospace spin‑off timeline to Q3 2026 and announced a leadership plan for the separation — a catalyst that could unlock shareholder value and attract multiple re‑rating. Reuters: Spin-Off Timeline
  • Positive Sentiment: Market positioning looks bullish: unusually large call buying and increased analyst optimism (JPMorgan and others turning more constructive) reinforce positive investor sentiment.
  • Neutral Sentiment: Full‑year 2026 guidance was issued at adjusted EPS $10.35–$10.65 and revenue $38.8B–$39.8B — roughly in line with consensus but presented as a range, leaving room for investor interpretation on upside. PR Newswire: 2026 Guidance
  • Negative Sentiment: First‑quarter 2026 guidance came in light of expectations (EPS $2.25–$2.35 vs. consensus ~2.39; revenue guide bottoming near estimates) — a near‑term caution that could temper expectations for Q1. PR Newswire: Q1 Guidance
  • Negative Sentiment: GAAP profit was reduced by charges related to a settlement with Flexjet, which hurt reported EPS — a reminder that one‑time items can depress headline results even as adjusted metrics look strong. WSJ: Flexjet Charges

Honeywell International Company Profile

(Get Free Report)

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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