Honeywell International Inc. (NASDAQ:HON – Get Free Report) CEO Kenneth West sold 316 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were 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 sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Honeywell International Stock Down 0.3%
HON stock opened at $248.12 on Thursday. Honeywell International Inc. has a twelve month low of $196.59 and a twelve month high of $261.24. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 1.39. The company has a market cap of $78.64 billion, a PE ratio of 9.59, a price-to-earnings-growth ratio of 5.57 and a beta of 0.89. The business’s 50-day simple moving average is $229.51 and its 200 day simple moving average is $228.90.
Honeywell International (NASDAQ:HON – Get Free Report) last posted its quarterly 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 firm had revenue of $9.72 billion during the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the prior year, the firm posted $1.77 EPS. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. 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, research analysts anticipate that Honeywell International Inc. will post 8.25 earnings per share for the current year.
Honeywell International Cuts Dividend
Wall Street Analyst Weigh In
HON has been the subject of a number of analyst reports. Barclays reduced their price objective on shares of Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Honeywell International from $250.00 to $263.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. Wells Fargo & Company dropped 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 research report on Friday, April 24th. Mizuho raised their price target on shares of Honeywell International from $240.00 to $265.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Finally, Daiwa Securities Group raised Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 price objective on the stock in a report on Tuesday, June 30th. Thirteen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and a consensus price target of $254.25.
Read Our Latest Stock Analysis on HON
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after acquiring an additional 1,582 shares during the last quarter. Acadian Asset Management LLC raised its stake in shares of Honeywell International by 145.7% in the first quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after acquiring an additional 2,629 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in shares of Honeywell International by 18.3% during the second quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock worth $1,844,000 after purchasing an additional 1,223 shares in the last quarter. Nebula Research & Development LLC grew its stake in shares of Honeywell International by 3.1% during the second quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock valued at $1,374,000 after purchasing an additional 176 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in shares of Honeywell International by 4.4% during the second quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock valued at $1,045,000 after purchasing an additional 188 shares during the last quarter. 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.
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