Honeywell International (NASDAQ:HON – Get Free Report) announced its quarterly earnings data on Thursday. The conglomerate reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.15, Zacks reports. The business 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 company’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.77 EPS. 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 Price Performance
NASDAQ HON opened at $243.15 on Friday. Honeywell International has a 12 month low of $196.59 and a 12 month high of $261.24. The firm has a market capitalization of $77.04 billion, a PE ratio of 9.40, a P/E/G ratio of 5.55 and a beta of 0.90. The company’s 50 day simple moving average is $226.15 and its 200 day simple moving average is $226.62. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 1.10.
Honeywell International Cuts Dividend
Institutional Trading of Honeywell International
Hedge funds and other institutional investors have recently modified their holdings of the company. Caitlin John LLC raised its position in Honeywell International by 138.9% in the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock worth $25,000 after acquiring an additional 75 shares in the last quarter. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Honeywell International in the 4th quarter worth approximately $28,000. JPL Wealth Management LLC bought a new stake in shares of Honeywell International in the 3rd quarter worth approximately $31,000. Strive Asset Management LLC acquired a new stake in Honeywell International during the third quarter valued at approximately $33,000. Finally, Birchwood Financial Partners Inc. bought a new stake in Honeywell International during the fourth quarter worth approximately $37,000. Institutional investors own 75.91% of the company’s stock.
Honeywell International News Roundup
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Honeywell beat Q2 expectations, reporting EPS of $1.95 and revenue of $9.72 billion, with organic sales up 4% and orders up 16%; management also highlighted stronger backlog and improving demand in automation and building systems. Honeywell Technologies Reports Second Quarter Results
- Positive Sentiment: Honeywell raised its full-year outlook and several analysts lifted price targets, including Citigroup to $279 and RBC to $298, signaling confidence in the company’s growth and margin outlook. Analyst price target updates
- Positive Sentiment: Management emphasized the next phase of Honeywell’s transformation toward a more focused automation company, which investors may view as a potential catalyst for higher margins and simpler execution. HON Q2 Earnings Call Highlights Automation Growth Push
- Neutral Sentiment: The board declared a quarterly dividend of CAD 0.70 per share, reinforcing Honeywell’s shareholder-return profile but not likely to move the stock on its own. Honeywell Technologies Announces Quarterly Dividend
- Neutral Sentiment: Short-interest data showed essentially no short interest, so this does not appear to be a meaningful trading factor for the stock right now.
- Negative Sentiment: Despite the upbeat quarter, Honeywell’s updated Q3 and Q4 EPS guidance came in below some Wall Street expectations, which may temper enthusiasm around the earnings beat. Honeywell earnings call and guidance details
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. Daiwa Securities Group raised shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 price objective for the company in a research report on Tuesday, June 30th. Jefferies Financial Group cut their price objective on Honeywell International from $245.00 to $240.00 and set a “hold” rating on the stock in a research note on Monday, April 27th. Citigroup raised their price target on shares of Honeywell International from $260.00 to $279.00 and gave the stock a “buy” rating in a research report on Friday. Weiss Ratings downgraded Honeywell International from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 29th. Finally, Rothschild & Co Redburn cut their target price on Honeywell International from $235.00 to $225.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Honeywell International presently has an average rating of “Hold” and a consensus target price of $259.54.
Check Out Our Latest Analysis on Honeywell International
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.
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