Mizuho Issues Positive Forecast for Honeywell International (NASDAQ:HON) Stock Price

Honeywell International (NASDAQ:HON) had its price objective hoisted by investment analysts at Mizuho from $240.00 to $265.00 in a report issued on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the conglomerate’s stock. Mizuho’s price objective indicates a potential upside of 8.75% from the stock’s current price.

Several other brokerages have also recently commented on HON. TD Cowen lowered their target price on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a report on Friday, April 24th. BMO Capital Markets raised their price target on Honeywell International from $253.00 to $276.00 and gave the stock an “outperform” rating in a research report on Monday. Citigroup raised their target price on shares of Honeywell International from $260.00 to $279.00 and gave the company a “buy” rating in a report on Friday. Wells Fargo & Company cut their price target on shares of Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Finally, Barclays lowered their price objective on shares of Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a research report on Wednesday, June 10th. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Honeywell International has a consensus rating of “Hold” and a consensus price target of $250.71.

Honeywell International Stock Performance

HON stock traded up $0.54 during mid-day trading on Monday, hitting $243.69. 1,452,793 shares of the company were exchanged, compared to its average volume of 4,279,400. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 1.39. The business has a 50 day simple moving average of $226.15 and a 200-day simple moving average of $226.80. Honeywell International has a 1-year low of $196.59 and a 1-year high of $261.24. The stock has a market capitalization of $77.23 billion, a PE ratio of 9.42, a price-to-earnings-growth ratio of 5.49 and a beta of 0.90.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.15. The company had revenue of $9.72 billion during the quarter, compared to the consensus estimate of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The company’s revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.77 earnings per share. 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 forecast that Honeywell International will post 8.19 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Verus Capital Partners LLC increased its holdings in Honeywell International by 0.7% in 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 period. Claro Advisors Inc. lifted its stake in shares of Honeywell International by 0.3% in the fourth quarter. Claro Advisors Inc. now owns 13,930 shares of the conglomerate’s stock worth $2,718,000 after acquiring an additional 45 shares during the period. FSM Wealth Advisors LLC boosted its holdings in Honeywell International by 1.1% in the fourth 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 boosted its holdings in Honeywell International by 3.8% in the fourth quarter. Meridian Financial Partners LLC now owns 1,258 shares of the conglomerate’s stock valued at $245,000 after acquiring an additional 46 shares during the last quarter. Finally, Facet Wealth Inc. increased its position in Honeywell International by 3.6% during the 4th quarter. Facet Wealth Inc. now owns 1,343 shares of the conglomerate’s stock valued at $291,000 after purchasing an additional 47 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Company Profile

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.