Honeywell International (NASDAQ:HON) Releases Quarterly Earnings Results, Beats Estimates By $0.15 EPS

Honeywell International (NASDAQ:HON) issued its quarterly earnings results on Thursday. The conglomerate reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.15, Zacks reports. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The business had revenue of $9.72 billion for the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter in the previous year, the firm earned $1.77 earnings per share. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. 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 5.4%

HON stock traded up $12.51 during midday trading on Thursday, reaching $245.50. The company’s stock had a trading volume of 2,733,937 shares, compared to its average volume of 4,276,437. 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 $77.78 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 5.18 and a beta of 0.90. The stock has a fifty day simple moving average of $224.98 and a two-hundred day simple 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.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were given a $1.19 dividend. This represents a $4.76 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Friday, May 15th. Honeywell International’s dividend payout ratio is 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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on HON shares. Zacks Research lowered shares of Honeywell International from a “hold” rating to a “strong sell” rating in a report on Thursday, July 9th. Citigroup reduced their price objective on Honeywell International from $269.40 to $260.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Morgan Stanley reduced their price target 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. Rothschild & Co Redburn lowered their price objective on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. Finally, Weiss Ratings cut shares of Honeywell International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $257.79.

Hedge Funds Weigh In On Honeywell International

Several institutional investors have recently made changes to their positions in HON. Brighton Jones LLC lifted its holdings in Honeywell International by 9.1% during the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after buying an additional 1,582 shares during the period. Acadian Asset Management LLC raised its position in shares of Honeywell International by 145.7% in the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after acquiring an additional 2,629 shares in the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of Honeywell International by 18.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock worth $1,844,000 after purchasing an additional 1,223 shares during the last quarter. Nebula Research & Development LLC boosted its position in Honeywell International by 3.1% during the second quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock valued at $1,374,000 after purchasing an additional 176 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in Honeywell International by 4.4% in the second quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock valued at $1,045,000 after purchasing an additional 188 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

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.