Analysts Set Honeywell International Inc. (NASDAQ:HON) PT at $254.25

Shares of Honeywell International Inc. (NASDAQ:HON) have received a consensus recommendation of “Hold” from the twenty-five ratings firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $254.4583.

Several analysts recently weighed in on the company. Bank of America upgraded Honeywell International from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $205.00 to $265.00 in a report on Tuesday, July 28th. Wells Fargo & Company cut their target price on shares of Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Sanford C. Bernstein started coverage on shares of Honeywell International in a report on Wednesday, June 10th. They issued a “market perform” rating and a $233.00 price target for the company. Mizuho upped their price target on shares of Honeywell International from $240.00 to $265.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Honeywell International from $262.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday.

Honeywell International Stock Down 0.0%

Shares of NASDAQ:HON opened at $233.96 on Wednesday. The business’s 50 day moving average is $230.82 and its 200 day moving average is $229.72. The stock has a market cap of $74.15 billion, a P/E ratio of 9.04, a price-to-earnings-growth ratio of 5.24 and a beta of 0.89. Honeywell International has a 52-week low of $196.59 and a 52-week high of $261.24. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 1.39.

Honeywell International (NASDAQ:HON) last issued its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.15. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The business had revenue of $9.72 billion during the quarter, compared to analyst estimates of $5.03 billion. During the same period in the previous year, the company posted $1.77 EPS. Honeywell International’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. Sell-side analysts predict that Honeywell International will post 8.25 EPS for the current year.

Honeywell International Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 14th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.80 dividend on an annualized basis and a yield of 1.2%. Honeywell International’s payout ratio is 36.80%.

Insiders Place Their Bets

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

Institutional Investors Weigh In On Honeywell International

A number of hedge funds have recently made changes to their positions in HON. Caitlin John LLC lifted its position in shares of Honeywell International by 138.9% during the fourth 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 last quarter. Ares Financial Consulting LLC purchased a new position in shares of Honeywell International in the 4th quarter worth approximately $26,000. Hilton Head Capital Partners LLC bought a new position in shares of Honeywell International during the 4th quarter worth approximately $28,000. University of Texas Texas AM Investment Management Co. bought a new position in shares of Honeywell International during the 4th quarter worth approximately $28,000. Finally, JPL Wealth Management LLC purchased a new stake in Honeywell International during the third quarter valued at approximately $31,000. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

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.