Shares of Honeywell International Inc. (NASDAQ:HON – Get Free Report) have received an average rating of “Moderate Buy” from the twenty-five brokerages that are presently covering the firm, MarketBeat reports. Twelve research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $254.0417.
A number of research firms have issued reports on HON. Mizuho boosted their price objective on shares of Honeywell International from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Citigroup lifted their price target on shares of Honeywell International from $260.00 to $279.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Zacks Research upgraded Honeywell International from a “strong sell” rating to a “hold” rating in a research note on Friday, September 4th. The Goldman Sachs Group lifted their price objective on Honeywell International from $258.00 to $276.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Rothschild & Co Redburn cut their target price on Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st.
Get Our Latest Stock Analysis on HON
Honeywell International Stock Up 0.1%
Honeywell International (NASDAQ:HON – Get Free Report) last announced its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.15. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The company had revenue of $9.72 billion during the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the previous year, the business posted $1.77 earnings per share. Honeywell International’s quarterly revenue was up 3.4% on a year-over-year basis. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS. On average, equities analysts anticipate that Honeywell International will post 8.29 earnings per share for the current year.
Honeywell International Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 14th were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.80 annualized dividend and a yield of 1.4%. Honeywell International’s dividend payout ratio is currently 36.80%.
Insider Transactions at Honeywell International
In other Honeywell International news, CEO Kenneth West sold 316 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $245.47, for a total transaction of $77,568.52. Following the sale, the chief executive officer directly owned 2,004 shares in the company, valued at $491,921.88. This represents a 13.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.15% of the stock is owned by insiders.
Hedge Funds Weigh In On Honeywell International
A number of institutional investors have recently modified their holdings of the business. Caitlin John LLC increased its holdings 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 in the last quarter. Hilton Head Capital Partners LLC bought a new stake in shares of Honeywell International in the 4th quarter valued at $28,000. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Honeywell International during the 4th quarter valued at about $28,000. Strategic Wealth Advisors LLC acquired a new stake in Honeywell International in the fourth quarter worth $29,000. Finally, Titan Wealth CI Ltd acquired a new position in shares of Honeywell International during the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 75.91% of the company’s stock.
About Honeywell International
Honeywell International Inc (NASDAQ:HON) is a diversified technology and manufacturing company that develops products and software for the aerospace, building, industrial and energy markets. Its offerings include aircraft engines and auxiliary power systems, avionics, safety and control systems, building automation technologies, industrial process controls, warehouse and supply-chain automation solutions, and environmental and energy-management systems.
The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, logistics providers, and energy companies worldwide.
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