Honeywell International (NASDAQ:HON) Price Target Lowered to $255.00 at JPMorgan Chase & Co.

Honeywell International (NASDAQ:HON) had its price objective trimmed by JPMorgan Chase & Co. from $262.00 to $255.00 in a research report report published on Friday morning,Benzinga reports. The firm currently has an overweight rating on the conglomerate’s stock.

HON has been the subject of a number of other research reports. The Goldman Sachs Group increased their price target on shares of Honeywell International from $258.00 to $276.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Sanford C. Bernstein assumed coverage on shares of Honeywell International in a report on Wednesday, June 10th. They set a “market perform” rating and a $233.00 price objective for the company. Royal Bank Of Canada upped their target price on shares of Honeywell International from $272.00 to $298.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Wolfe Research raised Honeywell International to a “hold” rating in a research note on Monday, June 29th. Finally, Weiss Ratings downgraded Honeywell International from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 4th. Thirteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $254.46.

Honeywell International Stock Performance

Shares of HON opened at $233.96 on Friday. The company has a market cap of $74.15 billion, a PE ratio of 9.04, a price-to-earnings-growth ratio of 5.24 and a beta of 0.89. 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 stock has a 50-day moving average price of $230.82 and a 200-day moving average price of $229.72. Honeywell International has a 12-month low of $196.59 and a 12-month high of $261.24.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, topping the consensus estimate of $1.80 by $0.15. The company had revenue of $9.72 billion during the quarter, compared to analyst estimates of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.Honeywell International’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous 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. As a group, equities analysts forecast that Honeywell International will post 8.25 earnings per share for the current fiscal year.

Honeywell International Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, August 14th. Honeywell International’s payout ratio is presently 36.80%.

Insider Buying and Selling at Honeywell International

In other news, CEO Kenneth J. West sold 316 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $245.47, for a total value of $77,568.52. Following the completion of the sale, the chief executive officer owned 2,004 shares of the company’s stock, valued at approximately $491,921.88. This represents a 13.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.15% of the company’s stock.

Institutional Trading of Honeywell International

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Honeywell International by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 63,161,731 shares of the conglomerate’s stock worth $12,322,222,000 after buying an additional 1,027,413 shares during the period. J. Stern & Co. LLP lifted its stake in shares of Honeywell International by 22,704.6% in the 4th quarter. J. Stern & Co. LLP now owns 53,209,042 shares of the conglomerate’s stock valued at $10,380,552,000 after acquiring an additional 52,975,716 shares during the last quarter. State Street Corp boosted its holdings in Honeywell International by 3.4% during the 4th quarter. State Street Corp now owns 31,677,082 shares of the conglomerate’s stock valued at $6,179,882,000 after acquiring an additional 1,031,897 shares during the period. Morgan Stanley boosted its holdings in Honeywell International by 4.7% during the 4th quarter. Morgan Stanley now owns 19,425,421 shares of the conglomerate’s stock valued at $3,789,706,000 after acquiring an additional 879,309 shares during the period. Finally, Geode Capital Management LLC grew its position in Honeywell International by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 15,716,647 shares of the conglomerate’s stock worth $3,066,520,000 after acquiring an additional 120,929 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

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.