Honeywell International (NASDAQ:HON – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Thursday,Zacks.com reports.
Several other research analysts have also recently commented on the stock. TD Cowen decreased their target price on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Mizuho lifted their price target on Honeywell International from $240.00 to $480.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on Honeywell International from $250.00 to $263.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada restated an “outperform” rating and issued a $275.00 target price (up from $268.00) on shares of Honeywell International in a research report on Thursday, June 11th. Finally, Daiwa Securities Group raised Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 target price on the stock in a research note on Tuesday, June 30th. Thirteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Honeywell International has an average rating of “Hold” and an average price target of $257.79.
Check Out Our Latest Analysis on Honeywell International
Honeywell International Stock Performance
Honeywell International (NASDAQ:HON – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping the consensus estimate of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.30 billion. During the same quarter in the prior year, the firm earned $2.21 earnings per share. The company’s quarterly 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. On average, research analysts predict that Honeywell International will post 8.29 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in HON. Verus Capital Partners LLC lifted its position in Honeywell International by 0.7% in the fourth quarter. Verus Capital Partners LLC now owns 6,658 shares of the conglomerate’s stock worth $1,299,000 after purchasing an additional 44 shares during the period. Claro Advisors Inc. boosted its stake in Honeywell International by 0.3% during the 4th quarter. Claro Advisors Inc. now owns 13,930 shares of the conglomerate’s stock valued at $2,718,000 after purchasing an additional 45 shares in the last quarter. FSM Wealth Advisors LLC increased its position in shares of Honeywell International by 1.1% during the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock valued at $825,000 after purchasing an additional 46 shares during the period. Meridian Financial Partners LLC increased its position in shares of Honeywell International by 3.8% during the 4th quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock valued at $245,000 after purchasing an additional 46 shares during the period. Finally, Facet Wealth Inc. raised its stake in shares of Honeywell International by 3.6% in the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock worth $291,000 after buying an additional 47 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.
Key Stories Impacting Honeywell International
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: J.P. Morgan initiated coverage of Honeywell Aerospace with a Neutral rating, but highlighted the unit’s strong position in commercial aviation and defense markets, which supports the long-term growth outlook for the broader Honeywell story. JPM starts Honeywell Aerospace at Neutral, sees supply chain capping upside
- Positive Sentiment: Jim Cramer publicly backed Honeywell, saying he would “greenlight” adding to the stock, which can help sentiment around HON after recent corporate changes. Jim Cramer Greenlights Honeywell Stock
- Positive Sentiment: Honeywell’s updated 2026 EPS guidance, issued after the 1-for-2 reverse stock split, was a focal point for investors and helped explain recent premarket buying interest as the market digests the new share count and refreshed outlook. Honeywell Technologies Revises 2026 Guidance Post Reverse Stock Split
- Positive Sentiment: Wall Street sentiment remains constructive, with BMO reiterating a Buy and a $253 price target, suggesting analysts still see upside in HON after the aerospace spin-off. Wall Street Remains Bullish On Honeywell (HON) Post Spinoff
- Neutral Sentiment: Honeywell Aerospace said it is developing more defense products for Europe outside U.S. export controls, a strategic step that could open opportunities but is not an immediate earnings catalyst. Honeywell Aero to develop more defense products for Europe outside US export controls
- Neutral Sentiment: Short-interest data showed no meaningful bearish positioning, so it does not appear to be a current driver of the stock.
- Negative Sentiment: Zacks added HON to its Strong Sell list, which may weigh on sentiment by reinforcing concerns that valuation and near-term setup are less attractive than the recent price move suggests. New Strong Sell Stocks for July 10th
- Negative Sentiment: J.P. Morgan also warned that supply-chain investment could cap near-term upside in Honeywell Aerospace, suggesting the market may need to wait longer for margin expansion. JPM starts Honeywell Aerospace at Neutral, sees supply chain capping upside
Honeywell International Company Profile
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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