Honeywell International (NASDAQ:HON – Get Free Report) had its target price reduced by analysts at Citigroup from $269.40 to $260.00 in a report released on Wednesday,MarketScreener reports. The firm presently has a “buy” rating on the conglomerate’s stock. Citigroup’s price objective points to a potential upside of 15.18% from the stock’s current price.
A number of other equities research analysts also recently weighed in on HON. BMO Capital Markets reissued an “outperform” rating on shares of Honeywell International in a research note on Friday, June 5th. Wells Fargo & Company cut their target price on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Barclays lowered their price target on Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a research note on Wednesday, June 10th. Weiss Ratings cut shares of Honeywell International from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. Finally, Rothschild & Co Redburn cut their target price 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. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Honeywell International presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.21.
View Our Latest Research Report on HON
Honeywell International Trading Up 0.8%
Honeywell International (NASDAQ:HON – Get Free Report) last issued its quarterly 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. The business had revenue of $9.14 billion for the quarter, compared to analyst estimates of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.21 earnings per share. 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. On average, equities analysts predict that Honeywell International will post 21.07 EPS for the current year.
Institutional Trading of Honeywell International
Hedge funds and other institutional investors have recently modified their holdings of the company. Caitlin John LLC boosted its position in shares of Honeywell International by 138.9% during the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock worth $25,000 after buying an additional 75 shares during the period. Holos Integrated Wealth LLC acquired a new stake in Honeywell International in the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC acquired a new stake in Honeywell International in the 4th quarter valued at approximately $26,000. Hilton Head Capital Partners LLC bought a new stake in Honeywell International in the 4th quarter valued at approximately $28,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new position in Honeywell International during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 75.91% of the company’s stock.
Honeywell International News Summary
Here are the key news stories impacting Honeywell International this week:
- Positive Sentiment: Deutsche Bank raised Honeywell International’s price target to $263 from $250 and kept a buy rating, signaling confidence in upside from current levels.
- Positive Sentiment: Daiwa Securities upgraded Honeywell International from neutral to outperform with a $255 price target, suggesting the post-spinoff setup could improve valuation.
- Positive Sentiment: Analysts and market commentary around the breakup argue the new, leaner structure may help reduce the long-running “conglomerate discount” and improve focus, which could be constructive over time.
- Neutral Sentiment: Honeywell completed the spin-off of Honeywell Aerospace, creating separate public companies and leaving Honeywell International as a more concentrated automation/industrial business; investors are still digesting what this means for earnings and valuation.
- Neutral Sentiment: Coverage comparing Honeywell with other industrial names and value-stock screens is likely adding noise rather than changing fundamentals, as the stock continues to reprice after the corporate breakup.
- Negative Sentiment: Shares fell in the latest session even as the broader market was higher, indicating investors are taking profits or waiting for clarity after the restructuring.
- Negative Sentiment: The spin-off and reverse split introduce transition risk and short-term uncertainty, which can pressure the stock until the market gets a clearer view of Honeywell’s standalone growth profile.
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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