Honeywell International (NASDAQ:HON) Stock Gets Price Target Cut from Citigroup

Honeywell International (NASDAQ:HON) had its target price lowered by Citigroup from $279.00 to $270.00 in a research report released on Monday morning,Benzinga reports. The firm currently has a buy rating on the conglomerate’s stock.

HON has been the subject of several other research reports. BMO Capital Markets boosted their price objective on Honeywell International from $253.00 to $276.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Royal Bank Of Canada dropped their target price on Honeywell International from $298.00 to $293.00 and set an “outperform” rating on the stock in a report on Tuesday, August 18th. Wells Fargo & Company assumed coverage on shares of Honeywell International in a report on Friday, September 25th. They set an “equal weight” rating and a $231.00 target price for the company. Mizuho lifted their price objective on shares of Honeywell International from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Finally, Bank of America upgraded shares of Honeywell International from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $205.00 to $265.00 in a research report on Tuesday, July 28th. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $250.00.

Honeywell International Trading Up 0.2%

Shares of Honeywell International stock opened at $207.61 on Monday. The stock has a market cap of $65.80 billion, a PE ratio of 11.73, a price-to-earnings-growth ratio of 1.77 and a beta of 0.86. The firm has a fifty day moving average price of $215.09 and a 200 day moving average price of $222.48. 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.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, beating the consensus estimate of $1.80 by $0.15. The company had revenue of $9.72 billion for 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%. The firm’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the company earned $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. Equities research analysts predict that Honeywell International will post 8.27 earnings per share for the current year.

Honeywell International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, November 13th. Honeywell International’s dividend payout ratio (DPR) is presently 36.80%.

Insider Activity at Honeywell International

In other news, CEO Kenneth West sold 316 shares of the business’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 value of $77,568.52. Following the completion of the sale, the chief executive officer directly owned 2,004 shares in the company, valued at $491,921.88. The trade was a 13.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.15% of the stock is owned by company insiders.

Institutional Inflows and Outflows

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

Trending Headlines about Honeywell International

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

• Positive Sentiment: Honeywell launched Forge Cognition, an agentic AI and simulation platform developed with NVIDIA and Dell Technologies. The system uses real-time digital twins and AI agents to help manage energy consumption, safety, maintenance, alarms and equipment across buildings, campuses and industrial facilities. The offering could strengthen Honeywell’s higher-growth software and automation business, although its immediate financial contribution was not disclosed. Honeywell Technologies Launches Forge Cognition with NVIDIA and Dell Technologies
• Positive Sentiment: Honeywell Technologies was reportedly selected for approximately $300 million of process-technology and digital-solutions work for a planned 700,000-barrel-per-day refinery. The project highlights potential long-cycle revenue from Honeywell’s process automation and digital offerings, though execution and timing remain important. Honeywell AI Push and Megarefinery Project
• Neutral Sentiment: Royal Bank of Canada reduced its price target from $293 to $270 but maintained an Outperform rating, implying significant potential upside from current levels. The lower target nevertheless reflects a more cautious valuation outlook. Royal Bank of Canada Honeywell Price Target Update
• Neutral Sentiment: At roughly $207 per share, Honeywell has fallen about 47% year to date. Some coverage argues the depressed valuation may already reflect considerable pessimism, with investors assessing whether the company’s earnings can support a recovery. Honeywell Stock Looks Cheap After Its Year-to-Date Fall
• Negative Sentiment: Citigroup issued a pessimistic forecast for HON, adding to concerns about the company’s near-term prospects and helping explain why the stock recently decreased more than the broader market. Citigroup Issues Pessimistic Forecast for Honeywell

About Honeywell International

Honeywell International Inc is a diversified technology and manufacturing company that develops products and systems for the aerospace, building automation, industrial automation, and energy markets. Its offerings include aircraft engines and auxiliary power units, avionics, flight-safety and control systems, building-management and security technologies, industrial control systems, sensors, software, and workplace safety products.

The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, utilities, and other industrial businesses.