Honeywell International (NASDAQ:HON) Price Target Raised to $250.00

Honeywell International (NASDAQ:HON) had its price objective boosted by stock analysts at Morgan Stanley from $245.00 to $250.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the conglomerate’s stock. Morgan Stanley’s target price would indicate a potential upside of 17.01% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. Mizuho increased their target price on Honeywell International from $240.00 to $265.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Jefferies Financial Group began coverage on shares of Honeywell International in a research report on Monday, August 17th. They set a “hold” rating and a $255.00 price objective on the stock. Bank of America raised Honeywell International from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $205.00 to $265.00 in a research note on Tuesday, July 28th. Wolfe Research upgraded Honeywell International to a “hold” rating in a report on Monday, June 29th. Finally, Royal Bank Of Canada reduced their price objective on Honeywell International from $298.00 to $293.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 18th. Thirteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $254.04.

Honeywell International Stock Performance

Shares of Honeywell International stock traded down $3.77 on Monday, reaching $213.66. 286,021 shares of the company traded hands, compared to its average volume of 4,081,502. The company has a 50 day moving average of $230.53 and a 200 day moving average of $229.11. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.21 and a quick ratio of 0.93. Honeywell International has a 52 week low of $196.59 and a 52 week high of $261.24. The firm has a market capitalization of $67.72 billion, a PE ratio of 8.26, a PEG ratio of 4.87 and a beta of 0.89.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.15. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The company had revenue of $9.72 billion for the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the previous year, the firm posted $1.77 EPS. Honeywell International’s revenue 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. Equities analysts forecast that Honeywell International will post 8.25 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Kenneth J. West sold 316 shares of Honeywell International 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 sale, the chief executive officer owned 2,004 shares in the company, valued at $491,921.88. The trade was a 13.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.15% of the stock is owned by insiders.

Institutional Investors Weigh In On Honeywell International

Institutional investors and hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System bought a new position in Honeywell International in the second quarter worth about $28,209,206,000. J. Stern & Co. LLP boosted its position in Honeywell International by 22,704.6% during 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 in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Honeywell International during the 2nd quarter worth approximately $732,869,000. Diamant Asset Management Inc. purchased a new position in shares of Honeywell International during the 1st quarter worth approximately $496,693,000. Finally, Mizuho Markets Americas LLC raised its position in shares of Honeywell International by 921.0% in the 4th quarter. Mizuho Markets Americas LLC now owns 2,042,000 shares of the conglomerate’s stock worth $398,374,000 after acquiring an additional 1,842,000 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other 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.