Honeywell International Inc. (NASDAQ:HON – Get Free Report) has been given a consensus recommendation of “Hold” by the twenty-six research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and thirteen have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $251.88.
Several equities research analysts recently commented on HON shares. Melius Research downgraded Honeywell International from a “buy” rating to a “hold” rating and set a $190.00 price objective for the company. in a report on Monday, September 14th. Mizuho upped their target price on shares of Honeywell International from $240.00 to $265.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Morgan Stanley raised their price target on shares of Honeywell International from $245.00 to $250.00 and gave the company an “equal weight” rating in a report on Monday, August 31st. Daiwa Securities Group upgraded shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 price target for the company in a research note on Tuesday, June 30th. Finally, Zacks Research raised shares of Honeywell International from a “strong sell” rating to a “hold” rating in a report on Friday, September 4th.
Get Our Latest Research Report on Honeywell International
Honeywell International Stock Performance
Honeywell International (NASDAQ:HON – Get Free Report) last issued its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, beating the consensus estimate of $1.80 by $0.15. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The business had revenue of $9.72 billion for the quarter, compared to the consensus estimate of $5.03 billion. During the same period last year, the business posted $1.77 EPS. The company’s revenue was up 3.4% compared to the same quarter last year. 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. As a group, research analysts forecast that Honeywell International will post 8.28 earnings per share for the current fiscal year.
Honeywell International Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, November 13th. Honeywell International’s payout ratio is 36.80%.
Insiders Place Their Bets
In other news, CEO Kenneth West sold 316 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $245.47, for a total transaction of $77,568.52. Following the transaction, the chief executive officer directly owned 2,004 shares of the company’s stock, valued at $491,921.88. This represents a 13.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.15% of the company’s stock.
Institutional Trading of Honeywell International
Several large investors have recently modified their holdings of the company. Harvest Fund Management Co. Ltd grew its position in shares of Honeywell International by 22.5% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 47,726 shares of the conglomerate’s stock worth $9,311,000 after purchasing an additional 8,760 shares in the last quarter. WINTON GROUP Ltd purchased a new position in Honeywell International in the 4th quarter worth approximately $7,263,000. Studio Investment Management LLC purchased a new position in Honeywell International in the 2nd quarter worth approximately $2,578,000. Azimuth Capital Investment Management LLC bought a new position in Honeywell International in the 2nd quarter worth approximately $1,448,000. Finally, CIBC Asset Management Inc grew its holdings in Honeywell International by 32.7% during the 4th quarter. CIBC Asset Management Inc now owns 336,652 shares of the conglomerate’s stock valued at $65,677,000 after buying an additional 82,905 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.
About Honeywell International
Honeywell International Inc is a diversified technology and manufacturing company that develops products and systems for the aerospace, building automation, industrial automation, and energy markets. Its offerings include aircraft engines and auxiliary power units, avionics, flight-safety and control systems, building-management and security technologies, industrial control systems, sensors, software, and workplace safety products.
The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, utilities, and other industrial businesses.
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