Honeywell International (NASDAQ:HON) Posts Earnings Results, Beats Expectations By $0.15 EPS

Honeywell International (NASDAQ:HON) posted its earnings results on Thursday. The conglomerate reported $1.95 EPS for the quarter, topping the consensus estimate of $1.80 by $0.15, Zacks reports. The firm had revenue of $9.72 billion during the quarter, compared to analysts’ expectations of $5.02 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. Honeywell International’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.77 EPS. Honeywell International updated its Q3 2026 guidance to 2.050-2.200 EPS and its Q4 2026 guidance to 2.280-2.430 EPS.

Here are the key takeaways from Honeywell International’s conference call:

• Honeywell Technologies reported 4% organic sales growth, 16% organic orders growth, and a 100 basis point margin expansion in Q2, with results coming in above expectations.
• The company raised full-year guidance for organic sales growth, segment margin, and adjusted EPS, now targeting $8.20 midpoint EPS and expecting to exit 2026 above 22% segment margin.
• Management highlighted strong momentum in Building Automation and an expected sharp second-half inflection in Process Automation & Technology, supported by backlog conversion, LNG activity, and stronger catalyst shipments.
• The company completed the Johnson Matthey Catalyst Technologies acquisition and said it adds strategic capability in refining, petrochemicals, and renewable fuels, with management expecting commercial and cost synergies over time.
• Honeywell expects the earlier-than-planned divestitures of Productivity Solutions & Services and Warehouse & Workflow Solutions to reduce 2026 revenue by about $400 million, even as the portfolio becomes more focused.

Honeywell International Trading Up 5.9%

Shares of Honeywell International stock traded up $13.71 during trading hours on Thursday, hitting $246.69. The company’s stock had a trading volume of 2,654,889 shares, compared to its average volume of 4,276,437. Honeywell International has a twelve month low of $196.59 and a twelve month high of $261.24. The firm has a fifty day moving average of $224.98 and a 200-day moving average of $226.15. 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 has a market cap of $78.16 billion, a price-to-earnings ratio of 17.50, a P/E/G ratio of 5.18 and a beta of 0.90.

Honeywell International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 15th were issued a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, May 15th. Honeywell International’s payout ratio is currently 67.42%.

Honeywell International News Summary

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

• Positive Sentiment: Honeywell reported Q2 EPS of $1.95, topping consensus estimates, and revenue also came in above expectations, signaling better-than-expected operating performance. Article Title
• Positive Sentiment: The company said orders rose 4% and backlog remained around $38 billion, pointing to healthy demand in industrial and building automation. Article Title
• Neutral Sentiment: Investors are also digesting Honeywell’s recent restructuring and the completed Aerospace spin-off, which changes how results are being compared and reported going forward. Article Title
• Negative Sentiment: Management’s Q3 and Q4 EPS guidance came in below Wall Street expectations, and revenue guidance for Q3 also missed consensus, which may be limiting upside. Article Title
• Negative Sentiment: Commentary around the Aerospace spin-off suggests some of the stronger historical earnings base is gone, which can pressure investor sentiment even after a solid quarter. Article Title

Institutional Investors Weigh In On Honeywell International

Several institutional investors and hedge funds have recently made changes to their positions in HON. Caitlin John LLC grew its stake in shares of Honeywell International by 138.9% during the 4th quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after buying an additional 75 shares during the period. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Honeywell International in the fourth quarter valued at $28,000. JPL Wealth Management LLC purchased a new stake in Honeywell International during the third quarter valued at about $31,000. Strive Asset Management LLC acquired a new stake in shares of Honeywell International during the 3rd quarter valued at $33,000. Finally, Triumph Capital Management bought a new stake in Honeywell International during the third quarter worth approximately $38,000. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Wolfe Research upgraded shares of Honeywell International to a “hold” rating in a research report on Monday, June 29th. Rothschild & Co Redburn reduced their price target on Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Sanford C. Bernstein initiated coverage on shares of Honeywell International in a research report on Wednesday, June 10th. They issued a “market perform” rating and a $233.00 price objective on the stock. Morgan Stanley decreased their price objective on shares of Honeywell International from $490.00 to $245.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 14th. Finally, Barclays cut their price target on shares of Honeywell International from $251.00 to $239.00 and set an “overweight” rating on the stock in a report on Wednesday, June 10th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Honeywell International presently has an average rating of “Hold” and an average price target of $257.79.

About Honeywell International

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.