Honeywell International Inc. (NASDAQ:HON – Get Free Report) hit a new 52-week low on Monday . The company traded as low as $237.73 and last traded at $247.8090, with a volume of 565840 shares traded. The stock had previously closed at $464.42.
Key Headlines Impacting Honeywell International
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Deutsche Bank raised its price target on Honeywell International to $263 from $250 and kept a buy rating, signaling confidence in the post-spin valuation and implying meaningful upside. Benzinga article
- Positive Sentiment: Daiwa Securities upgraded HON from neutral to outperform with a $255 target, another bullish vote of confidence after the restructuring. Finviz article
- Positive Sentiment: The aerospace spin-off could help Honeywell Technologies trade more like a focused automation company, which some investors believe may reduce the “conglomerate discount” over time. PR Newswire article
- Neutral Sentiment: Honeywell also confirmed it will report second-quarter results on July 23, which keeps attention on upcoming execution and guidance rather than immediate fundamentals. PR Newswire article
- Negative Sentiment: The stock dropped after the spin-off, as some holders may be adjusting portfolios around the reverse split and the new ownership structure, creating short-term selling pressure. Motley Fool article
Analyst Upgrades and Downgrades
HON has been the subject of a number of research analyst reports. Wolfe Research raised Honeywell International to a “hold” rating in a report on Monday. Sanford C. Bernstein began coverage on Honeywell International in a report on Wednesday, June 10th. They set a “market perform” rating and a $233.00 price target on the stock. BMO Capital Markets reaffirmed an “outperform” rating on shares of Honeywell International in a research report on Friday, June 5th. Barclays reduced their price objective on Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a report on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Honeywell International from $250.00 to $263.00 and gave the company a “buy” rating in a research note on Tuesday. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Honeywell International presently has an average rating of “Moderate Buy” and an average target price of $248.08.
Honeywell International Stock Down 1.7%
The company has a current ratio of 1.39, a quick ratio of 1.10 and a debt-to-equity ratio of 1.98. The stock has a market cap of $70.94 billion, a P/E ratio of 15.86, a PEG ratio of 1.63 and a beta of 0.85. The company’s 50 day moving average price is $221.85 and its two-hundred day moving average price is $222.84.
Honeywell International (NASDAQ:HON – Get Free Report) last announced its earnings results on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.13. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The company had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.30 billion. During the same period in the previous year, the business posted $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. Equities analysts forecast that Honeywell International Inc. will post 21.07 earnings per share for the current year.
Honeywell International Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were issued a $1.19 dividend. This represents a $4.76 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, May 15th. Honeywell International’s dividend payout ratio (DPR) is currently 134.84%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Verus Capital Partners LLC lifted its position in Honeywell International by 0.7% during the fourth quarter. Verus Capital Partners LLC now owns 6,658 shares of the conglomerate’s stock valued at $1,299,000 after purchasing an additional 44 shares during the last quarter. Claro Advisors Inc. raised its position in shares of Honeywell International by 0.3% during the 4th quarter. Claro Advisors Inc. now owns 13,930 shares of the conglomerate’s stock valued at $2,718,000 after buying an additional 45 shares in the last quarter. FSM Wealth Advisors LLC lifted its holdings in shares of Honeywell International by 1.1% in the 4th quarter. FSM Wealth Advisors LLC now owns 4,231 shares of the conglomerate’s stock valued at $825,000 after acquiring an additional 46 shares during the last quarter. Meridian Financial Partners LLC grew its position in Honeywell International by 3.8% in the fourth quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock worth $245,000 after acquiring an additional 46 shares in the last quarter. Finally, Facet Wealth Inc. grew its position in Honeywell International by 3.6% in the fourth quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock worth $291,000 after acquiring an additional 47 shares in the last quarter. 75.91% of the stock is currently 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.
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