Honeywell International (NASDAQ:HON) Price Target Raised to $276.00

Honeywell International (NASDAQ:HONFree Report) had its price target increased by BMO Capital Markets from $253.00 to $276.00 in a report published on Monday,Benzinga reports. The firm currently has an outperform rating on the conglomerate’s stock.

Several other equities analysts also recently issued reports on the stock. Rothschild & Co Redburn decreased their price objective on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. The Goldman Sachs Group lifted their target price on Honeywell International from $258.00 to $276.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. TD Cowen reduced their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a report on Friday, April 24th. Morgan Stanley decreased their target price on Honeywell International from $490.00 to $245.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 14th. Finally, Daiwa Securities Group raised shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 target price on the stock in a report on Tuesday, June 30th. Thirteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $254.25.

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Honeywell International Stock Down 2.4%

HON stock opened at $241.12 on Monday. The stock has a market cap of $76.42 billion, a P/E ratio of 9.32, a PEG ratio of 5.54 and a beta of 0.90. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 1.39. Honeywell International has a twelve month low of $196.59 and a twelve month high of $261.24. The company’s 50 day moving average is $227.79 and its two-hundred day moving average is $227.67.

Honeywell International (NASDAQ:HONGet Free Report) last issued its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.15. The business had revenue of $9.72 billion during the quarter, compared to analysts’ expectations of $5.03 billion. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.77 EPS. 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. Research analysts expect that Honeywell International will post 8.24 earnings per share for the current fiscal year.

Honeywell International Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.70 per share. 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 is 36.80%.

Insider Buying and Selling at Honeywell International

In related news, CEO Kenneth J. West sold 17,032 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $243.77, for a total transaction of $4,151,890.64. Following the completion of the sale, the chief executive officer directly owned 2,132 shares of the company’s stock, valued at $519,717.64. This trade represents a 88.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.15% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Honeywell International by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock valued at $12,322,222,000 after purchasing an additional 1,027,413 shares in the last quarter. J. Stern & Co. LLP grew its holdings in shares of Honeywell International by 22,704.6% during the fourth quarter. J. Stern & Co. LLP now owns 53,209,042 shares of the conglomerate’s stock worth $10,380,552,000 after buying an additional 52,975,716 shares in the last quarter. State Street Corp raised its position in shares of Honeywell International by 3.4% in the fourth quarter. State Street Corp now owns 31,677,082 shares of the conglomerate’s stock valued at $6,179,882,000 after buying an additional 1,031,897 shares during the last quarter. Morgan Stanley lifted its stake in shares of Honeywell International by 4.7% during the fourth quarter. Morgan Stanley now owns 19,425,421 shares of the conglomerate’s stock valued at $3,789,706,000 after buying an additional 879,309 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Honeywell International by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 15,716,647 shares of the conglomerate’s stock valued at $3,066,520,000 after buying an additional 120,929 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Key Honeywell International News

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

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.

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