Honeywell International (NASDAQ:HON) Stock Price Target Cut by JPMorgan Chase & Co.

Honeywell International (NASDAQ:HON) had its target price dropped by JPMorgan Chase & Co. from $255.00 to $240.00 in a report released on Friday, Benzinga reports. The firm presently has an “overweight” rating on the conglomerate’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 15.54% from the company’s previous close.

HON has been the subject of several other research reports. Mizuho lifted their price target on Honeywell International from $240.00 to $265.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Rothschild & Co Redburn decreased their price objective on Honeywell International from $237.00 to $234.00 and set a “neutral” rating on the stock in a report on Friday, September 25th. Weiss Ratings downgraded Honeywell International from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, September 25th. Deutsche Bank Aktiengesellschaft upped their target price on Honeywell International from $250.00 to $263.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Finally, Wolfe Research upgraded shares of Honeywell International to a “hold” rating in a research report on Monday, June 29th. Thirteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Honeywell International has a consensus rating of “Hold” and a consensus target price of $251.28.

Honeywell International Price Performance

Shares of NASDAQ:HON traded up $1.13 during trading on Friday, reaching $207.73. The company had a trading volume of 1,186,579 shares, compared to its average volume of 3,915,260. The company has a fifty day moving average of $218.18 and a two-hundred day moving average of $222.93. 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 market capitalization of $65.84 billion, a P/E ratio of 8.03, a price-to-earnings-growth ratio of 1.78 and a beta of 0.86. Honeywell International has a 12 month low of $196.59 and a 12 month high of $261.24.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) 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 company had revenue of $9.72 billion during the quarter, compared to the consensus estimate of $5.03 billion. During the same period in the previous year, the firm posted $1.77 EPS. The firm’s revenue was up 3.4% compared to the same quarter last year. 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. Equities research analysts forecast that Honeywell International will post 8.26 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Kenneth West sold 316 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $245.47, for a total transaction of $77,568.52. Following the completion of the sale, the chief executive officer directly owned 2,004 shares in the company, valued at $491,921.88. This represents a 13.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.15% of the stock is owned by corporate insiders.

Institutional Trading of Honeywell International

Hedge funds and other institutional investors have recently bought and sold shares of the stock. CYBER HORNET ETFs LLC purchased a new position in shares of Honeywell International in the second quarter worth $220,000. Atlantic Private Wealth LLC purchased a new stake in Honeywell International during the 2nd quarter valued at $59,000. DMC Group LLC bought a new stake in Honeywell International in the 2nd quarter worth $375,000. Studio Investment Management LLC bought a new stake in Honeywell International in the 2nd quarter worth $2,578,000. Finally, Washington Trust Advisors Inc. purchased a new position in shares of Honeywell International in the second quarter valued at about $118,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Company Profile

Honeywell International Inc is a diversified technology and manufacturing company that develops products and systems for the aerospace, building automation, industrial automation, and energy markets. Its offerings include aircraft engines and auxiliary power units, avionics, flight-safety and control systems, building-management and security technologies, industrial control systems, sensors, software, and workplace safety products.

The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, utilities, and other industrial businesses.