Honeywell International (NASDAQ:HON) Earns Hold Rating from Analysts at Jefferies Financial Group

Equities researchers at Jefferies Financial Group began coverage on shares of Honeywell International (NASDAQ:HON) in a research note issued to investors on Monday. The brokerage set a “hold” rating and a $255.00 price target on the conglomerate’s stock. Jefferies Financial Group’s price target suggests a potential upside of 9.87% from the stock’s current price.

Several other research firms have also weighed in on HON. Citigroup lifted their price objective on shares of Honeywell International from $260.00 to $279.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Zacks Research cut Honeywell International from a “hold” rating to a “strong sell” rating in a report on Thursday, July 9th. Morgan Stanley cut their price target on shares of Honeywell International from $490.00 to $245.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 14th. Wolfe Research upgraded shares of Honeywell International to a “hold” rating in a report on Monday, June 29th. Finally, Wells Fargo & Company lowered their price objective on shares of 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 equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Honeywell International currently has an average rating of “Hold” and an average target price of $254.04.

Honeywell International Trading Down 0.8%

HON stock traded down $1.87 during midday trading on Monday, reaching $232.09. The company’s stock had a trading volume of 72,024 shares, compared to its average volume of 4,176,581. Honeywell International has a 52 week low of $196.59 and a 52 week high of $261.24. The stock has a market cap of $73.56 billion, a PE ratio of 8.97, a price-to-earnings-growth ratio of 5.24 and a beta of 0.89. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 1.39. The business’s 50-day simple moving average is $230.82 and its 200-day simple moving average is $229.78.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, beating the consensus estimate of $1.80 by $0.15. The company had revenue of $9.72 billion during the quarter, compared to analysts’ expectations of $5.03 billion. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.77 EPS. 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. As a group, sell-side analysts expect that Honeywell International will post 8.25 EPS for the current year.

Insider Buying and Selling

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

Institutional Trading of Honeywell International

Large investors have recently added to or reduced their stakes in the company. Magnolia Capital Advisors LLC bought a new position in shares of Honeywell International in the 2nd quarter valued at about $362,000. First Bancorp Inc ME bought a new stake in Honeywell International in the second quarter valued at approximately $280,000. Ancora Advisors LLC bought a new stake in Honeywell International in the 2nd quarter valued at $23,675,000. Cullen Capital Management LLC acquired a new stake in Honeywell International during the 2nd quarter valued at $23,875,000. Finally, Ally Financial Inc. bought a new position in Honeywell International during the second quarter worth $784,000. Institutional investors and hedge funds 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.