Honeywell International Inc. (NASDAQ:HON) Given Consensus Rating of “Hold” by Analysts

Shares of Honeywell International Inc. (NASDAQ:HONGet Free Report) have received a consensus recommendation of “Hold” from the twenty-five research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and thirteen have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $253.8333.

A number of equities analysts have issued reports on the company. Jefferies Financial Group started coverage on Honeywell International in a report on Monday. They issued a “hold” rating and a $255.00 target price for the company. Bank of America raised Honeywell International from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $205.00 to $265.00 in a research note on Tuesday, July 28th. Morgan Stanley lowered their price objective on Honeywell International from $490.00 to $245.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 14th. Barclays dropped their price objective on shares of Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a report on Wednesday, June 10th. Finally, JPMorgan Chase & Co. cut their target price on shares of Honeywell International from $262.00 to $255.00 and set an “overweight” rating on the stock in a research report on Friday, August 14th.

Check Out Our Latest Report on Honeywell International

Insider Buying and Selling at Honeywell International

In related news, CEO Kenneth J. West sold 316 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $245.47, for a total value of $77,568.52. Following the sale, the chief executive officer owned 2,004 shares of the company’s stock, valued at $491,921.88. The trade was a 13.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.15% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Honeywell International

Institutional investors have recently made changes to their positions in the stock. Caitlin John LLC boosted its holdings 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 acquiring an additional 75 shares during the last quarter. Ares Financial Consulting LLC bought a new position in Honeywell International during the 4th quarter worth approximately $26,000. Hilton Head Capital Partners LLC bought a new position in Honeywell International during the 4th quarter worth approximately $28,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Honeywell International in the 4th quarter worth approximately $28,000. Finally, Strategic Wealth Advisors LLC bought a new stake in shares of Honeywell International in the 4th quarter valued at $29,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $227.71 on Wednesday. The stock has a market cap of $72.17 billion, a P/E ratio of 8.80, a PEG ratio of 5.24 and a beta of 0.89. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 1.39. The stock has a 50 day simple moving average of $231.41 and a 200 day simple moving average of $229.92. Honeywell International has a 1-year low of $196.59 and a 1-year high of $261.24.

Honeywell International (NASDAQ:HONGet Free Report) last posted its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.15. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The firm had revenue of $9.72 billion for the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the previous year, the firm posted $1.77 earnings per share. The company’s 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. Research analysts anticipate that Honeywell International will post 8.25 earnings per share for the current year.

Honeywell International Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, August 14th. Honeywell International’s payout ratio is 36.80%.

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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