Honeywell International (NASDAQ:HON) Price Target Lowered to $255.00 at JPMorgan Chase & Co.

Honeywell International (NASDAQ:HON) had its price target decreased by analysts at JPMorgan Chase & Co. from $262.00 to $255.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an “overweight” rating on the conglomerate’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 8.91% from the stock’s previous close.

Several other analysts have also recently commented on HON. BMO Capital Markets upped their target price on shares of Honeywell International from $253.00 to $276.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Honeywell International from $250.00 to $263.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Mizuho lifted their price objective on shares of Honeywell International from $240.00 to $265.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Wells Fargo & Company decreased their target price on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Finally, Weiss Ratings lowered shares of Honeywell International from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 4th. Thirteen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $254.46.

Honeywell International Price Performance

NASDAQ HON traded up $0.15 on Friday, reaching $234.14. The company’s stock had a trading volume of 576,257 shares, compared to its average volume of 4,189,043. The firm has a market cap of $74.21 billion, a PE ratio of 9.05, a price-to-earnings-growth ratio of 5.27 and a beta of 0.89. The business has a 50-day moving average price of $230.42 and a 200 day moving average price of $229.69. Honeywell International has a 52 week low of $196.59 and a 52 week high of $261.24. 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 (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.15. The company had revenue of $9.72 billion for the quarter, compared to analyst estimates of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The business’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.77 earnings per share. 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. Sell-side analysts expect that Honeywell International will post 8.25 EPS for the current year.

Insider Activity at Honeywell International

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Caitlin John LLC raised its stake in Honeywell International by 138.9% in the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after purchasing an additional 75 shares in the last quarter. Ares Financial Consulting LLC bought a new stake in shares of Honeywell International during the 4th quarter worth $26,000. Hilton Head Capital Partners LLC purchased a new position in Honeywell International in the fourth quarter worth $28,000. University of Texas Texas AM Investment Management Co. bought a new position in Honeywell International in the fourth quarter valued at $28,000. Finally, Strategic Wealth Advisors LLC purchased a new stake in Honeywell International during the fourth quarter valued at about $29,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

About Honeywell International

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.