Honeywell International (NASDAQ:HON) Cut to Hold at Melius Research

Melius Research cut shares of Honeywell International (NASDAQ:HON) from a buy rating to a hold rating in a research note issued to investors on Monday morning, MarketBeat Ratings reports. Melius Research currently has $190.00 target price on the conglomerate’s stock.

HON has been the subject of a number of other research reports. JPMorgan Chase & Co. lowered their target price on Honeywell International from $262.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday, August 14th. Citigroup upped their price target on Honeywell International from $260.00 to $279.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Royal Bank Of Canada decreased their price objective on Honeywell International from $298.00 to $293.00 and set an “outperform” rating for the company in a report on Tuesday, August 18th. Weiss Ratings lowered Honeywell International from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 4th. Finally, Daiwa Securities Group upgraded shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 target price on the stock in a report on Tuesday, June 30th. Thirteen equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, Honeywell International currently has an average rating of “Moderate Buy” and a consensus price target of $251.48.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $207.66 on Monday. Honeywell International has a 1 year low of $196.59 and a 1 year high of $261.24. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 0.93. The company’s 50-day moving average is $225.24 and its 200 day moving average is $225.86. The stock has a market capitalization of $65.82 billion, a P/E ratio of 8.03, a P/E/G ratio of 3.41 and a beta of 0.87.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, topping the consensus estimate of $1.80 by $0.15. The business had revenue of $9.72 billion during the quarter, compared to analyst estimates of $5.03 billion. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. Honeywell International’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the business posted $1.77 earnings per share. 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, sell-side analysts expect that Honeywell International will post 8.29 earnings per share for the current year.

Honeywell International Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 14th were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 14th. Honeywell International’s payout ratio is currently 36.80%.

Insider Buying and Selling at Honeywell International

In related news, CEO Kenneth West sold 316 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief executive officer owned 2,004 shares of the company’s stock, valued at $491,921.88. This trade represents a 13.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.15% of the stock is owned by insiders.

Institutional Investors Weigh In On Honeywell International

A number of institutional investors have recently modified their holdings of the stock. Verus Capital Partners LLC raised its holdings in Honeywell International by 0.7% in the 4th quarter. Verus Capital Partners LLC now owns 6,658 shares of the conglomerate’s stock valued at $1,299,000 after acquiring an additional 44 shares during the last quarter. Claro Advisors Inc. boosted its stake in Honeywell International by 0.3% during the fourth quarter. Claro Advisors Inc. now owns 13,930 shares of the conglomerate’s stock worth $2,718,000 after buying an additional 45 shares during the last quarter. Kesler Norman & Wride LLC boosted its position in shares of Honeywell International by 0.5% during the 4th quarter. Kesler Norman & Wride LLC now owns 9,455 shares of the conglomerate’s stock valued at $1,845,000 after acquiring an additional 47 shares during the last quarter. Balboa Wealth Partners boosted its holdings in Honeywell International by 3.1% in the 1st quarter. Balboa Wealth Partners now owns 1,578 shares of the conglomerate’s stock valued at $357,000 after purchasing an additional 48 shares during the last quarter. Finally, Waterfront Wealth Inc. lifted its holdings in Honeywell International by 4.1% in the first quarter. Waterfront Wealth Inc. now owns 1,241 shares of the conglomerate’s stock valued at $281,000 after acquiring an additional 49 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Honeywell International

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

• Positive Sentiment: U.S. Marine Corps deployment supports Honeywell’s security business. Honeywell announced the global rollout of its LenelS2 OnGuard access-control platform across Marine Corps barracks. The centralized system is intended to improve security and reduce operating costs, providing positive validation for Honeywell’s building- and infrastructure-technology offerings. Honeywell Technologies Modernizes Barracks Access Management for U.S. Marine Corps Worldwide
• Positive Sentiment: Honeywell Aerospace sees industry benefits from GE Aerospace’s planned acquisition of CPP. Honeywell’s aerospace CEO characterized the proposed $12 billion deal as positive for the industry and suggested it could create more opportunities to bring outsourced capabilities in-house. The comments point to potentially favorable long-term conditions for aerospace suppliers, although they do not represent a direct financial benefit for HON. Honeywell Aero CEO Calls Planned GE Aerospace-CPP Deal Positive for Industry
• Neutral Sentiment: Recent gains reflected relative strength as the broader market declined. Honeywell finished the latest reported session higher despite a weaker overall market. The move indicates some investor support, but the report provided no new earnings, guidance, or valuation catalyst. Honeywell International Gains as Market Dips
• Neutral Sentiment: Industry forecasts highlight possible aerospace and materials demand. Research reports project growth in aircraft mission computers and Europe’s molecular-sieves markets, where Honeywell is a listed participant. These forecasts may support long-term sector sentiment, but they do not provide company-specific revenue or earnings estimates. Aircraft Mission Computers Market Outlook
• Negative Sentiment: Melius Research downgraded Honeywell to Hold. The rating change signals reduced analyst conviction in near-term outperformance and could weigh on the shares, particularly while HON trades below its recent moving-average levels. Melius Research Downgrades Honeywell International to Hold

Honeywell International Company Profile

Honeywell International Inc (NASDAQ:HON) is a diversified technology and manufacturing company that develops products and software for the aerospace, building, industrial and energy markets. Its offerings include aircraft engines and auxiliary power systems, avionics, safety and control systems, building automation technologies, industrial process controls, warehouse and supply-chain automation solutions, and environmental and energy-management systems.

The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, logistics providers, and energy companies worldwide.