Honeywell International (NASDAQ:HON – Get Free Report) had its target price cut by Rothschild & Co Redburn from $235.00 to $225.00 in a research note issued to investors on Thursday,MarketScreener reports. The brokerage presently has a “neutral” rating on the conglomerate’s stock. Rothschild & Co Redburn’s target price would indicate a potential upside of 0.48% from the stock’s previous close.
Other equities analysts have also recently issued reports about the stock. The Goldman Sachs Group lowered their price objective on shares of Honeywell International from $262.00 to $258.00 and set a “buy” rating for the company in a research report on Friday, April 24th. TD Cowen decreased their target price on shares of Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Daiwa Securities Group increased their price target on Honeywell International from $230.00 to $240.00 in a research note on Tuesday, February 3rd. Robert W. Baird raised their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Finally, Jefferies Financial Group lowered their target price on Honeywell International from $245.00 to $240.00 and set a “hold” rating for the company in a report on Monday, April 27th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $247.83.
Read Our Latest Stock Analysis on HON
Honeywell International Price Performance
Honeywell International (NASDAQ:HON – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share 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%.Honeywell International’s revenue was up 2.4% compared to the same quarter last year. During the same period last 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. As a group, research analysts anticipate that Honeywell International will post 10.53 earnings per share for the current year.
Institutional Trading of Honeywell International
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HON. Holos Integrated Wealth LLC bought a new position in Honeywell International during the 4th quarter valued at $25,000. Caitlin John LLC raised its holdings in shares of Honeywell International by 138.9% in the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after purchasing an additional 75 shares during the last quarter. Ares Financial Consulting LLC bought a new position in shares of Honeywell International during the fourth quarter valued at about $26,000. Hilton Head Capital Partners LLC purchased a new position in Honeywell International during the fourth quarter worth about $28,000. Finally, University of Texas Texas AM Investment Management Co. bought a new stake in Honeywell International in the 4th quarter worth about $28,000. 75.91% of the stock is owned by institutional investors.
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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