Honeywell International (NASDAQ:HON) Downgraded by Zacks Research to Strong Sell

Honeywell International (NASDAQ:HONGet Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Thursday,Zacks.com reports.

Several other research analysts have also recently commented on the stock. TD Cowen decreased their target price on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Mizuho lifted their price target on Honeywell International from $240.00 to $480.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on Honeywell International from $250.00 to $263.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada restated an “outperform” rating and issued a $275.00 target price (up from $268.00) on shares of Honeywell International in a research report on Thursday, June 11th. Finally, Daiwa Securities Group raised Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 target price on the stock in a research note on Tuesday, June 30th. Thirteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Honeywell International has an average rating of “Hold” and an average price target of $257.79.

Check Out Our Latest Analysis on Honeywell International

Honeywell International Stock Performance

HON stock opened at $226.42 on Thursday. Honeywell International has a 1 year low of $196.59 and a 1 year high of $261.24. The stock has a market capitalization of $71.74 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 4.00 and a beta of 0.90. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. The stock’s fifty day moving average is $223.32 and its two-hundred day moving average is $224.27.

Honeywell International (NASDAQ:HONGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping the consensus estimate of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.30 billion. During the same quarter in the prior year, the firm earned $2.21 earnings per share. The company’s quarterly revenue was up 2.4% on a year-over-year basis. Honeywell International has set its FY 2026 guidance at 10.350-10.650 EPS and its Q2 2026 guidance at 2.350-2.450 EPS. On average, research analysts predict that Honeywell International will post 8.29 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HON. Verus Capital Partners LLC lifted its position in Honeywell International by 0.7% in the fourth quarter. Verus Capital Partners LLC now owns 6,658 shares of the conglomerate’s stock worth $1,299,000 after purchasing an additional 44 shares during the period. Claro Advisors Inc. boosted its stake in Honeywell International by 0.3% during the 4th quarter. Claro Advisors Inc. now owns 13,930 shares of the conglomerate’s stock valued at $2,718,000 after purchasing an additional 45 shares in the last quarter. FSM Wealth Advisors LLC increased its position in shares of Honeywell International by 1.1% during the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock valued at $825,000 after purchasing an additional 46 shares during the period. Meridian Financial Partners LLC increased its position in shares of Honeywell International by 3.8% during the 4th quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock valued at $245,000 after purchasing an additional 46 shares during the period. Finally, Facet Wealth Inc. raised its stake in shares of Honeywell International by 3.6% in the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock worth $291,000 after buying an additional 47 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Key Stories Impacting Honeywell International

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Honeywell International Company Profile

(Get Free Report)

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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Analyst Recommendations for Honeywell International (NASDAQ:HON)

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