Honeywell International (NASDAQ:HON – Get Free Report) had its price target dropped by stock analysts at Barclays from $251.00 to $239.00 in a note issued to investors on Wednesday, MarketBeat.com reports. The brokerage currently has an “overweight” rating on the conglomerate’s stock. Barclays‘s price objective suggests a potential upside of 13.23% from the stock’s previous close.
HON has been the subject of several other reports. Jefferies Financial Group cut their price target on shares of Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a report on Monday, April 27th. Wolfe Research restated an “outperform” rating and set a $275.00 target price on shares of Honeywell International in a research report on Friday, May 29th. The Goldman Sachs Group upped their target price on Honeywell International from $258.00 to $276.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Weiss Ratings downgraded Honeywell International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Honeywell International in a research note on Friday. Thirteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $246.63.
View Our Latest Research Report on HON
Honeywell International Stock Performance
Shares of Honeywell International are scheduled 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 – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.13. The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.30 billion. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. Honeywell International’s revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Research analysts predict that Honeywell International will post 10.54 earnings per share for the current fiscal year.
Institutional Trading of Honeywell International
Large investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Honeywell International by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock worth $12,322,222,000 after acquiring an additional 1,027,413 shares during the period. J. Stern & Co. LLP lifted its position in shares of Honeywell International by 22,704.6% in the 4th 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 during the period. State Street Corp increased its position in shares of Honeywell International by 3.4% during the fourth quarter. State Street Corp now owns 31,677,082 shares of the conglomerate’s stock valued at $6,179,882,000 after buying an additional 1,031,897 shares during the period. Morgan Stanley boosted its position in Honeywell International by 4.7% during the 4th quarter. Morgan Stanley now owns 19,425,421 shares of the conglomerate’s stock valued at $3,789,706,000 after acquiring an additional 879,309 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Honeywell International by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 15,716,647 shares of the conglomerate’s stock worth $3,066,520,000 after acquiring an additional 120,929 shares during the period. 75.91% of the stock is owned by institutional investors.
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.
See Also
- Five stocks we like better than Honeywell International
- GameStop’s $2 Billion Buyback Sends a Confusing Signal to Investors
- FuelCell Energy Just Got a Wake-Up Call From Wall Street
- Short Sellers Are Piling Into Wingstop, But Analysts See Big Upside
- Synchrony’s Comeback Is Hiding in Plain Sight
Receive News & Ratings for Honeywell International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International and related companies with MarketBeat.com's FREE daily email newsletter.
