Royal Bank Of Canada Issues Positive Forecast for Honeywell International (NASDAQ:HON) Stock Price

Honeywell International (NASDAQ:HON) had its price objective upped by analysts at Royal Bank Of Canada from $272.00 to $298.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the conglomerate’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 22.52% from the stock’s current price.

A number of other research analysts also recently issued reports on HON. Morgan Stanley decreased their price target on Honeywell International from $490.00 to $245.00 and set an “equal weight” rating for the company in a report on Tuesday, July 14th. TD Cowen reduced their target price on Honeywell International from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Rothschild & Co Redburn cut their price target on shares of Honeywell International from $235.00 to $225.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Barclays decreased their price objective on shares of Honeywell International from $251.00 to $239.00 and set an “overweight” rating on the stock in a report on Wednesday, June 10th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Honeywell International from $260.00 to $250.00 and set an “overweight” rating for the company in a research report on Tuesday, July 7th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $258.75.

Honeywell International Stock Down 1.2%

NASDAQ:HON traded down $3.04 during mid-day trading on Friday, hitting $243.23. 407,864 shares of the company’s stock traded hands, compared to its average volume of 4,274,979. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. The company has a market capitalization of $77.06 billion, a P/E ratio of 17.23, a P/E/G ratio of 5.25 and a beta of 0.90. The company has a fifty day moving average of $225.55 and a 200 day moving average of $226.50. Honeywell International has a twelve month low of $196.59 and a twelve month high of $261.24.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.15. Honeywell International had a net margin of 11.37% and a return on equity of 42.29%. The firm had revenue of $9.72 billion for the quarter, compared to the consensus estimate of $5.02 billion. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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, analysts forecast that Honeywell International will post 8.2 EPS for the current year.

Institutional Trading of Honeywell International

Several institutional investors have recently added to or reduced their stakes in the stock. Caitlin John LLC grew its position in Honeywell International by 138.9% in the 4th quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after acquiring an additional 75 shares in the last quarter. Ares Financial Consulting LLC acquired a new position in shares of Honeywell International in the fourth quarter worth $26,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Honeywell International in the fourth quarter valued at $28,000. University of Texas Texas AM Investment Management Co. purchased a new position in Honeywell International in the fourth quarter valued at $28,000. Finally, JPL Wealth Management LLC acquired a new position in Honeywell International during the 3rd quarter worth $31,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

More Honeywell International News

Here are the key news stories impacting Honeywell International this week:

• Positive Sentiment: Q2 adjusted EPS came in at $1.95, ahead of consensus, while revenue reached $9.72 billion and organic sales rose 4%, showing the core business is still growing. Honeywell Technologies Reports Second Quarter Results
• Positive Sentiment: Orders surged 16% and backlog increased 9% year over year, which suggests future revenue visibility and healthy underlying demand, especially in automation and building systems. Honeywell (HON) Q2 2026 Earnings Call Transcript
• Positive Sentiment: Management raised full-year guidance, citing stronger margins and orders, which signals confidence in execution after the restructuring and can support the stock. Honeywell Lifts Outlook on Strong Orders and Margins
• Neutral Sentiment: Several articles focused on the first post-spin-off results and the transition into a more streamlined automation company, an important strategic milestone but not an immediate catalyst on its own. Honeywell Technologies profit rises in first post-breakup results
• Negative Sentiment: The aerospace spin-off may be weighing on sentiment in the near term, as some investors are still adjusting to the breakup and the change in Honeywell’s business mix. How Honeywell Technologies Sent Stock in Its Aerospace Spinoff Down

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.