Shares of Honeywell International Inc. (NASDAQ:HON – Get Free Report) have received an average recommendation of “Hold” from the twenty-five ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $254.0417.
Several analysts recently issued reports on the company. Barclays dropped their target price on Honeywell International from $251.00 to $239.00 and set an “overweight” rating on the stock in a report on Wednesday, June 10th. Zacks Research downgraded Honeywell International from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 9th. Morgan Stanley boosted their price target on Honeywell International from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Monday, August 31st. Jefferies Financial Group initiated coverage on Honeywell International in a research note on Monday, August 17th. They set a “hold” rating and a $255.00 price objective on the stock. Finally, BMO Capital Markets raised their target price on shares of Honeywell International from $253.00 to $276.00 and gave the company an “outperform” rating in a research note on Monday, July 27th.
Read Our Latest Report on Honeywell International
Honeywell International Price Performance
Honeywell International (NASDAQ:HON – Get Free Report) last announced its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, topping the consensus estimate of $1.80 by $0.15. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The business had revenue of $9.72 billion during the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the prior year, the company posted $1.77 earnings per share. The firm’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. Equities research analysts anticipate that Honeywell International will post 8.29 earnings per share for the current fiscal year.
Honeywell International Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 14th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, August 14th. Honeywell International’s dividend payout ratio (DPR) is 36.80%.
Insider Buying and Selling
In other Honeywell International news, CEO Kenneth West sold 17,032 shares of the business’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 transaction, the chief executive officer owned 2,132 shares of the company’s stock, valued at $519,717.64. The trade was a 88.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.15% of the company’s stock.
Institutional Investors Weigh In On Honeywell International
Several hedge funds have recently added to or reduced their stakes in HON. MADDEN SECURITIES Corp bought a new stake in shares of Honeywell International in the 4th quarter worth $1,418,000. Valley Wealth Managers Inc. lifted its position in shares of Honeywell International by 33.9% during the fourth quarter. Valley Wealth Managers Inc. now owns 114,016 shares of the conglomerate’s stock valued at $22,243,000 after purchasing an additional 28,875 shares in the last quarter. AXQ Capital LP lifted its position in shares of Honeywell International by 54.5% during the fourth quarter. AXQ Capital LP now owns 12,862 shares of the conglomerate’s stock valued at $2,509,000 after purchasing an additional 4,536 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in Honeywell International by 13.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 517,362 shares of the conglomerate’s stock worth $100,932,000 after purchasing an additional 60,413 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd boosted its holdings in Honeywell International by 22.5% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 47,726 shares of the conglomerate’s stock worth $9,311,000 after purchasing an additional 8,760 shares during the last quarter. 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.
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