Honeywell International (NASDAQ:HON – Get Free Report) had its price objective upped by Barclays from $243.00 to $251.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the conglomerate’s stock. Barclays‘s price target would suggest a potential upside of 7.90% from the stock’s previous close.
A number of other brokerages have also issued reports on HON. Jefferies Financial Group cut their target price on Honeywell International from $245.00 to $240.00 and set a “hold” rating on the stock in a research report on Monday, April 27th. Argus lifted their price target on Honeywell International from $250.00 to $290.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Daiwa Securities Group upped their price objective on shares of Honeywell International from $230.00 to $240.00 in a research note on Tuesday, February 3rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $268.00 target price on shares of Honeywell International in a report on Monday, April 27th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Thirteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $248.17.
Read Our Latest Stock Report on HON
Honeywell International Stock Performance
Honeywell International (NASDAQ:HON – Get Free Report) last announced its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 EPS for the quarter, topping the consensus estimate of $2.32 by $0.13. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The firm had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.30 billion. During the same quarter in the previous year, the company earned $2.21 earnings per share. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. 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. Sell-side analysts anticipate that Honeywell International will post 10.53 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Honeywell International
A number of hedge funds have recently added to or reduced their stakes in HON. Vanguard Group Inc. increased its stake in shares of Honeywell International by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock worth $12,322,222,000 after purchasing an additional 1,027,413 shares during the last quarter. J. Stern & Co. LLP boosted its holdings in Honeywell International by 22,704.6% in the fourth quarter. J. Stern & Co. LLP now owns 53,209,042 shares of the conglomerate’s stock worth $10,380,552,000 after purchasing an additional 52,975,716 shares in the last quarter. State Street Corp boosted its holdings in Honeywell International by 3.4% in the fourth quarter. State Street Corp now owns 31,677,082 shares of the conglomerate’s stock worth $6,179,882,000 after purchasing an additional 1,031,897 shares in the last quarter. Morgan Stanley increased its position in Honeywell International by 4.7% during the fourth quarter. Morgan Stanley now owns 19,425,421 shares of the conglomerate’s stock worth $3,789,706,000 after buying an additional 879,309 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Honeywell International by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 15,716,647 shares of the conglomerate’s stock valued at $3,066,520,000 after buying an additional 120,929 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.
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.
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