Honeywell International (NASDAQ:HON) Research Coverage Started at Wells Fargo & Company

Wells Fargo & Company started coverage on shares of Honeywell International (NASDAQ:HON) in a report issued on Friday morning, MarketBeat.com reports. The brokerage issued an equal weight rating and a $231.00 target price on the conglomerate’s stock.

HON has been the topic of a number of other research reports. 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 note on Monday, July 27th. Citigroup boosted their price target on Honeywell International from $260.00 to $279.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Weiss Ratings downgraded shares of Honeywell International from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 4th. The Goldman Sachs Group lifted their price target on Honeywell International from $258.00 to $276.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Royal Bank Of Canada decreased their price objective on Honeywell International from $298.00 to $293.00 and set an “outperform” rating on the stock in a report on Tuesday, August 18th. Thirteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $251.88.

Honeywell International Price Performance

HON opened at $212.55 on Friday. The business’s 50-day moving average is $223.22 and its two-hundred day moving average is $224.28. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 0.93. Honeywell International has a 1 year low of $196.59 and a 1 year high of $261.24. The firm has a market capitalization of $67.37 billion, a PE ratio of 8.22, a price-to-earnings-growth ratio of 3.56 and a beta of 0.87.

Honeywell International (NASDAQ:HON) last posted 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 firm 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 revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.77 EPS. 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. 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 disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 14th were given a $0.70 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.3%. This is a drop from Honeywell International’s previous quarterly dividend of $1.19. Honeywell International’s payout ratio is currently 36.80%.

Insiders Place Their Bets

In other Honeywell International news, CEO Kenneth West sold 316 shares of Honeywell International stock in a transaction dated 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 sale, the chief executive officer directly owned 2,004 shares of the company’s stock, valued at $491,921.88. The trade was a 13.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.15% of the stock is currently owned by corporate insiders.

Institutional Trading of Honeywell International

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

Key Honeywell International News

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

• Positive Sentiment: The board declared a quarterly dividend of $0.70 per share, payable December 4 to shareholders of record November 13. The announcement reinforces Honeywell’s shareholder-return appeal. Honeywell Technologies Announces Quarterly Dividend
• Positive Sentiment: Wells Fargo initiated coverage with an Equal Weight rating and a $231 price target, implying potential upside from recent trading levels. Although the rating is neutral, the target provides some support for the stock.
• Positive Sentiment: Recent operating results were stronger than expected: Honeywell reported quarterly EPS of $1.95 versus the $1.80 consensus estimate, while revenue increased 3.4% year over year.
• Neutral Sentiment: Honeywell will release third-quarter results before the market opens on October 22 and host an investor conference call afterward. Investors may remain focused on updated guidance and evidence of improving demand. Honeywell Technologies Third-Quarter Results Announcement
• Neutral Sentiment: Industry research identifies Honeywell as a participant in phase-change-material markets expected to grow through 2032, but the reports do not provide company-specific revenue or earnings estimates. Advanced Phase Change Materials Market Forecast
• Negative Sentiment: A comparison with 3M highlights Honeywell’s automation strengths but also cites process weakness, while 3M is viewed favorably for industrial momentum, shareholder returns and valuation. This may limit enthusiasm for HON despite its dividend and earnings performance. 3M vs. Honeywell Comparison

About Honeywell International

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.