Honeywell International (NASDAQ:HON – Free Report) had its target price lowered by Deutsche Bank Aktiengesellschaft from $255.00 to $250.00 in a report issued on Thursday morning,MarketScreener reports. The brokerage currently has a buy rating on the conglomerate’s stock.
HON has been the subject of a number of other reports. Argus raised their price objective on Honeywell International from $250.00 to $290.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Rothschild & Co Redburn raised their price objective on Honeywell International from $222.00 to $235.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. BNP Paribas Exane raised their price objective on Honeywell International from $195.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Wolfe Research raised their price objective on Honeywell International from $293.00 to $296.00 and gave the company an “outperform” rating in a research report on Thursday, March 26th. Finally, Wells Fargo & Company cut their price objective on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. Thirteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $248.25.
Read Our Latest Stock Analysis on Honeywell International
Honeywell International Stock Down 2.3%
Honeywell International (NASDAQ:HON – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.13. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The company had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. During the same period last year, the firm posted $2.21 earnings per share. The business’s revenue was up 2.4% on a year-over-year basis. Honeywell International has set its FY 2026 guidance at 10.350-10.650 EPS and its Q2 2026 guidance at 2.350-2.450 EPS. Sell-side analysts anticipate that Honeywell International will post 10.54 earnings per share for the current year.
Honeywell International Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be issued a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. Honeywell International’s dividend payout ratio (DPR) is presently 67.42%.
Insiders Place Their Bets
In related news, Director D Scott Davis sold 2,367 shares of Honeywell International stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $240.00, for a total transaction of $568,080.00. Following the completion of the sale, the director directly owned 31,081 shares of the company’s stock, valued at approximately $7,459,440. This trade represents a 7.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.15% of the company’s stock.
Institutional Trading of Honeywell International
Hedge funds have recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC bought a new position in Honeywell International during the 4th quarter worth $25,000. Caitlin John LLC increased its stake in shares of Honeywell International by 138.9% in the 4th quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after purchasing an additional 75 shares during the last quarter. Ares Financial Consulting LLC bought a new position in shares of Honeywell International in the 4th quarter valued at $26,000. Hilton Head Capital Partners LLC bought a new position in shares of Honeywell International in the 4th quarter valued at $28,000. Finally, University of Texas Texas AM Investment Management Co. bought a new position in shares of Honeywell International in the 4th quarter valued at $28,000. 75.91% of the stock is owned by institutional investors and hedge funds.
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.
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