Honeywell International (NASDAQ:HON) Trading 1.6% Higher – Still a Buy?

Honeywell International Inc. (NASDAQ:HON)’s stock price traded up 1.6% during mid-day trading on Thursday . The company traded as high as $226.40 and last traded at $226.33. 2,462,668 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 4,313,222 shares. The stock had previously closed at $222.84.

Key Headlines Impacting Honeywell International

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

• Positive Sentiment: Honeywell was named one of Newsweek’s “America’s Greatest Workplaces for Parents & Families 2026,” which is a modest positive for brand and corporate reputation. Newsweek Names America’s Greatest Workplaces for Parents & Families 2026
• Positive Sentiment: Multiple recent articles highlighted Honeywell as a dividend and value candidate, with analysts and investors pointing to its defensive cash flow profile and automation portfolio as reasons the stock could remain attractive. Is Honeywell International Inc. (HON) One of the Best Dividend Stocks to Invest In According to Jim Simons’ Renaissance Technologies?
• Positive Sentiment: Several pieces also framed Honeywell’s automation businesses as a source of longer-term growth, suggesting investors may be looking past short-term weakness in some industrial segments. Honeywell International (HON) Offers Potential With Automation Portfolio Outlook
• Neutral Sentiment: Coverage ahead of Honeywell’s upcoming quarterly report says Q2 earnings are expected to decline, which creates some uncertainty but is already setting a cautious bar for the results. Earnings Preview: Honeywell International Inc. (HON) Q2 Earnings Expected to Decline
• Neutral Sentiment: JPMorgan recently trimmed its price target to $250 from $260 while keeping an Overweight rating, signaling continued confidence even as expectations were nudged lower. Is Honeywell International Inc. (HON) One of the Best Dividend Stocks to Invest In According to Jim Simons’ Renaissance Technologies?
• Negative Sentiment: Recent commentary on Honeywell’s Process Automation unit pointed to weaker catalyst shipments and project delays, which could pressure near-term growth if those issues persist. Honeywell Losing Grip in Process Automation: What’s Impeding Its Growth?

Analysts Set New Price Targets

Several research firms have weighed in on HON. Citigroup cut their target price on Honeywell International from $269.40 to $260.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Wolfe Research raised Honeywell International to a “hold” rating in a research note on Monday, June 29th. The Goldman Sachs Group boosted their target price on Honeywell International from $258.00 to $276.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. TD Cowen decreased their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Finally, Jefferies Financial Group lowered their price target on Honeywell International from $245.00 to $240.00 and set a “hold” rating on the stock in a report on Monday, April 27th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $257.79.

Honeywell International Price Performance

The company has a debt-to-equity ratio of 1.98, a current ratio of 1.39 and a quick ratio of 1.10. The stock’s fifty day simple moving average is $223.87 and its 200-day simple moving average is $225.03. The company has a market capitalization of $71.71 billion, a P/E ratio of 16.03, a PEG ratio of 5.00 and a beta of 0.90.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping 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 business had revenue of $9.14 billion for the quarter, compared to analyst estimates of $9.30 billion. During the same period in the previous year, the company posted $2.21 earnings per share. The firm’s revenue for the quarter 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, equities analysts forecast that Honeywell International Inc. will post 8.23 earnings per share for the current fiscal year.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 15th were given a $1.19 dividend. This represents a $4.76 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, May 15th. Honeywell International’s dividend payout ratio is currently 67.42%.

Hedge Funds Weigh In On Honeywell International

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Holos Integrated Wealth LLC acquired a new stake in Honeywell International in the 4th quarter worth $25,000. Caitlin John LLC raised its position in shares of Honeywell International by 138.9% during the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after buying an additional 75 shares during the last quarter. Ares Financial Consulting LLC bought a new stake in shares of Honeywell International in the fourth quarter valued at about $26,000. Hilton Head Capital Partners LLC acquired a new stake in Honeywell International during the fourth quarter worth about $28,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new stake in Honeywell International during the fourth quarter worth about $28,000. Institutional investors own 75.91% of the company’s stock.

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.