Honeywell International (NASDAQ:HON) Stock Gets Price Target Cut from Mizuho

Honeywell International (NASDAQ:HON – Free Report) had its target price trimmed by Mizuho from $265.00 to $255.00 in a research note released on Thursday,Benzinga reports. The brokerage currently has an outperform rating on the conglomerate’s stock.

Several other analysts also recently commented on HON. BMO Capital Markets upped their price target on shares of Honeywell International from $253.00 to $276.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft increased 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. Jefferies Financial Group initiated coverage on shares of Honeywell International in a research note on Monday, August 17th. They issued a “hold” rating and a $255.00 price objective for the company. Daiwa Securities Group raised Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 price objective for the company in a report on Tuesday, June 30th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Honeywell International from $255.00 to $240.00 and set an “overweight” rating on the stock in a research report on Friday, October 9th. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Honeywell International has a consensus rating of “Hold” and an average target price of $249.60.

Read Our Latest Analysis on HON

Honeywell International Trading Up 0.4%

Shares of Honeywell International stock opened at $211.41 on Thursday. The company has a fifty day simple moving average of $213.79 and a 200-day simple moving average of $222.32. Honeywell International has a 12-month low of $196.59 and a 12-month high of $261.24. 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 cap of $67.00 billion, a price-to-earnings ratio of 8.17, a PEG ratio of 1.80 and a beta of 0.86.

Honeywell International (NASDAQ:HON – Get Free Report) last posted its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, beating 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 firm had revenue of $9.72 billion for the quarter, compared to the consensus estimate of $5.03 billion. During the same period last year, the firm posted $1.77 EPS. The company’s revenue was up 3.4% on a year-over-year basis. 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. On average, equities analysts forecast that Honeywell International will post 8.27 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, November 13th. Honeywell International’s dividend payout ratio is 27.60%.

Insider Activity

In related news, CEO Kenneth West sold 17,032 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were 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 approximately $519,717.64. This trade represents a 88.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.15% of the company’s stock.

Hedge Funds Weigh In On Honeywell International

A number of hedge funds have recently made changes to their positions in HON. CYBER HORNET ETFs LLC acquired a new stake in shares of Honeywell International during the second quarter worth $220,000. Atlantic Private Wealth LLC purchased a new stake in shares of Honeywell International during the second quarter valued at $59,000. DMC Group LLC acquired a new position in shares of Honeywell International in the 2nd quarter valued at $375,000. Studio Investment Management LLC acquired a new position in shares of Honeywell International in the 2nd quarter valued at $2,578,000. Finally, Washington Trust Advisors Inc. acquired a new position in shares of Honeywell International in the 2nd quarter valued at $118,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Trending Headlines about Honeywell International

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

  • Positive Sentiment: Mizuho lowered its price target to $255 from $265 but maintained an “outperform” rating. The revised target still implies substantial upside from recent trading levels, suggesting the firm views Honeywell’s valuation and long-term prospects favorably. Mizuho cuts target for Honeywell stock
  • Positive Sentiment: Honeywell’s Forge Cognition launch, developed with NVIDIA and Dell Technologies, strengthens its push into AI-powered facility management, industrial simulation and data-driven operations. The initiative could support higher-growth software and recurring-revenue opportunities. Is Honeywell International cheap following its new AI alliance launch?
  • Positive Sentiment: A preview of Honeywell’s planned separation highlights improving operational efficiency, margin expansion and momentum in its Forge software platform. Software annual recurring revenue is approaching $1 billion, while management may exceed recently raised guidance if segment trends remain strong. Honeywell Q3 preview
  • Neutral Sentiment: Honeywell’s planned separation remains a key strategic catalyst, but investors are awaiting more details on execution, timing and the effect on the company’s future growth profile. Honeywell planned separation
  • Negative Sentiment: RBC also reduced its price target, adding to recent analyst caution even though target changes remain generally above the current share price. Royal Bank of Canada cuts Honeywell price target
  • Negative Sentiment: Analysts expect third-quarter earnings to decline, and one preview argues Honeywell may lack the catalysts needed for a significant earnings beat. The upcoming report is therefore an important near-term risk. Honeywell Q3 earnings preview

Honeywell International Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Honeywell International (NASDAQ:HON)

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