Honeywell International (NASDAQ:HON) Raised to “Hold” at Sanford C. Bernstein

Honeywell International (NASDAQ:HON) was upgraded by equities researchers at Sanford C. Bernstein to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Several other analysts also recently weighed in on HON. Citigroup reduced their target price on Honeywell International from $265.00 to $257.00 and set a “buy” rating for the company in a report on Friday, April 24th. TD Cowen reduced their price objective on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Morgan Stanley upped their price objective on Honeywell International from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Thursday, March 12th. Wells Fargo & Company reduced their price objective on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $275.00 price objective on shares of Honeywell International in a research note on Friday, May 29th. Thirteen equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Honeywell International has a consensus rating of “Moderate Buy” and an average target price of $246.63.

Honeywell International Trading Down 4.6%

NASDAQ:HON opened at $205.88 on Tuesday. The stock has a 50-day simple moving average of $222.94 and a 200-day simple moving average of $219.32. The stock has a market cap of $130.46 billion, a P/E ratio of 29.16, a P/E/G ratio of 3.08 and a beta of 0.85. Honeywell International has a 1 year low of $186.76 and a 1 year high of $248.18. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39.

Honeywell International’s stock is set to reverse split on the morning of Monday, June 29th. The 1-2 reverse split was announced on Friday, June 5th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, June 26th.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.13. The business had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.21 EPS. 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. As a group, analysts anticipate that Honeywell International will post 10.54 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Honeywell International

A number of large investors have recently modified their holdings of HON. Cardinal Capital Management Inc. grew its holdings in Honeywell International by 6.1% during the 4th quarter. Cardinal Capital Management Inc. now owns 138,726 shares of the conglomerate’s stock valued at $27,064,000 after buying an additional 7,929 shares during the last quarter. Douglas Lane & Associates LLC grew its holdings in Honeywell International by 56.1% during the 4th quarter. Douglas Lane & Associates LLC now owns 72,783 shares of the conglomerate’s stock valued at $14,199,000 after buying an additional 26,162 shares during the last quarter. Exencial Wealth Advisors LLC grew its holdings in Honeywell International by 36.6% during the 4th quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate’s stock valued at $15,844,000 after buying an additional 21,770 shares during the last quarter. Valley Wealth Managers Inc. grew its holdings in Honeywell International by 33.9% during the 4th quarter. Valley Wealth Managers Inc. now owns 114,016 shares of the conglomerate’s stock valued at $22,243,000 after buying an additional 28,875 shares during the last quarter. Finally, MADDEN SECURITIES Corp acquired a new stake in shares of Honeywell International during the fourth quarter worth $1,418,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Honeywell International

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

• Positive Sentiment: Honeywell reaffirmed its full-year adjusted profit and sales forecast as it moves toward spinning off its aerospace business, which signals management confidence in the outlook and helps support the long-term investment case. Honeywell (HON) Sticks with Full-Year Forecast as Aerospace Separation Nears
• Positive Sentiment: Barclays maintained an overweight rating on Honeywell while only trimming its price target to $239 from $251, implying meaningful upside from current levels. Barclays cuts Honeywell International price target to $239 from $251, maintains overweight rating
• Positive Sentiment: Sanford C. Bernstein initiated coverage with a market perform rating and a $233 target, which still sits above the current share price and suggests analysts see some recovery potential. Honeywell International is now covered by Sanford C. Bernstein
• Positive Sentiment: Honeywell’s automation and quantum-computing businesses continue to draw investor attention, including Quantinuum’s $1.68 billion IPO raise, which highlights the value of its growth assets. Is Honeywell International Inc. (HON) Among the Best Quantum Computing Stocks to Invest In According to Hedge Funds?
• Neutral Sentiment: Honeywell introduced Experion Cognition for autonomous control room operations, a product update that supports its industrial automation strategy but is not yet likely to materially move near-term earnings. Honeywell Introduces Experion Cognition to Deliver Autonomous Control Room Operations for Borouge International
• Negative Sentiment: Shares are also being weighed by a broader industrial selloff and a surge in oil prices tied to geopolitical tensions, which can pressure sentiment across cyclical stocks like HON. Honeywell Stock Drops As Oil Prices Surge Amid Trump’s Threats
• Negative Sentiment: Honeywell’s stock also fell more than the broader market in the latest session, reflecting ongoing momentum weakness ahead of its upcoming aerospace separation and reverse split-related adjustments. Honeywell International Inc. (HON) Registers a Bigger Fall Than the Market: Important Facts to Note

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.