Honeywell International (NASDAQ:HON) Stock Rating Upgraded by Bank of America

Honeywell International (NASDAQ:HON) was upgraded by investment analysts at Bank of America from an “underperform” rating to a “neutral” rating in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a $265.00 target price on the conglomerate’s stock, up from their prior target price of $205.00. Bank of America‘s price objective indicates a potential upside of 7.83% from the stock’s current price.

Other research analysts also recently issued reports about the stock. BMO Capital Markets upped their target price on shares of Honeywell International from $253.00 to $276.00 and gave the company an “outperform” rating in a research note on Monday. Zacks Research downgraded shares of Honeywell International from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 9th. Rothschild & Co Redburn cut their price objective on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Jefferies Financial Group decreased their price objective on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a research report on Monday, April 27th. Finally, Citigroup raised their target price on Honeywell International from $260.00 to $279.00 and gave the company a “buy” rating in a research note on Friday. Thirteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $254.25.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $245.75 on Tuesday. 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 company has a market capitalization of $77.89 billion, a price-to-earnings ratio of 9.50, a PEG ratio of 5.49 and a beta of 0.90. The business has a 50-day moving average of $226.72 and a 200-day moving average of $227.09.

Honeywell International (NASDAQ:HON) last announced its 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 business had revenue of $9.72 billion for the quarter, compared to the consensus estimate of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The company’s revenue was up 3.4% on a year-over-year basis. During the same period last 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. On average, equities analysts anticipate that Honeywell International will post 8.19 EPS for the current fiscal year.

Hedge Funds Weigh In On Honeywell International

A number of hedge funds have recently bought and sold shares of the company. Brighton Jones LLC grew its position in shares of Honeywell International by 9.1% in the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after acquiring an additional 1,582 shares in the last quarter. Acadian Asset Management LLC increased its holdings 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 valued at $937,000 after acquiring an additional 2,629 shares during the last quarter. Schnieders Capital Management LLC. raised its position 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 valued at $1,844,000 after acquiring an additional 1,223 shares in the last quarter. Nebula Research & Development LLC raised its position in shares of Honeywell International by 3.1% during the 2nd quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock valued at $1,374,000 after acquiring an additional 176 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in Honeywell International by 4.4% during the second quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock worth $1,045,000 after purchasing an additional 188 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Honeywell International

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

• Positive Sentiment: Analyst price targets were raised. Mizuho increased its target from $240 to $265 and assigned an “outperform” rating, while BMO raised its target from $253 to $276 and also rated the shares “outperform.” The revisions reflect expectations for continued growth and provide additional upside relative to the recent trading level. Benzinga analyst price target reports
• Positive Sentiment: Honeywell completed the all-cash sale of its Warehouse and Workflow Solutions business to American Industrial Partners. The Intelligrated and Transnorm operations will combine with Trew under AIP, allowing Honeywell to concentrate on its Building, Industrial and Process automation businesses. The transaction supports management’s effort to create a more focused, pure-play automation portfolio. Honeywell Warehouse and Workflow Solutions sale
• Positive Sentiment: Recent quarterly results exceeded expectations. Honeywell reported adjusted earnings of $1.95 per share versus consensus of $1.80, with revenue of $9.72 billion and year-over-year revenue growth reported in the company background. Broad demand across automation markets and raised full-year expectations have strengthened the investment case for second-half momentum. Honeywell earnings beat and analyst upgrades
• Neutral Sentiment: Competitive performance was less impressive. Honeywell’s stock gained in the latest session but underperformed several industry competitors, suggesting that some of the positive earnings and analyst news may already be reflected in the valuation. Honeywell stock performance versus competitors
• Negative Sentiment: Reported insider activity has been entirely sales-oriented. Quiver Quantitative data shows five insider sales and no purchases during the past six months. While such transactions may be routine, the absence of insider buying is a modest caution for investors following the recent rally.

About Honeywell International

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.