Honeywell International Inc. (NASDAQ:HON) Receives $254.04 Consensus Target Price from Brokerages

Shares of Honeywell International Inc. (NASDAQ:HON) have received a consensus recommendation of “Moderate Buy” from the twenty-five brokerages that are currently covering the stock, MarketBeat reports. Twelve research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $254.0417.

A number of research firms have recently issued reports on HON. Mizuho increased their target price on Honeywell International from $240.00 to $265.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Royal Bank Of Canada reduced their price target on Honeywell International from $298.00 to $293.00 and set an “outperform” rating for the company in a report on Tuesday, August 18th. The Goldman Sachs Group boosted their price target on Honeywell International from $258.00 to $276.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Barclays dropped their price objective on Honeywell International from $251.00 to $239.00 and set an “overweight” rating on the stock in a report on Wednesday, June 10th. Finally, Daiwa Securities Group upgraded shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 target price for the company in a research note on Tuesday, June 30th.

Honeywell International Price Performance

Shares of NASDAQ:HON opened at $202.18 on Friday. The company has a market capitalization of $64.08 billion, a PE ratio of 7.82, a price-to-earnings-growth ratio of 3.43 and a beta of 0.87. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.93 and a current ratio of 1.21. The stock has a fifty day moving average of $227.07 and a 200-day moving average of $226.95. Honeywell International has a one year low of $196.59 and a one year 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, topping the consensus estimate of $1.80 by $0.15. The firm had revenue of $9.72 billion for the quarter, compared to the consensus estimate of $5.03 billion. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.77 EPS. 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 anticipate that Honeywell International will post 8.29 EPS for the current fiscal year.

Honeywell International Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 14th were issued a dividend of $0.70 per share. The ex-dividend date was Friday, August 14th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.4%. Honeywell International’s dividend payout ratio (DPR) is currently 36.80%.

Insider Activity

In related news, CEO Kenneth 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 directly owned 2,004 shares in the company, valued at approximately $491,921.88. This represents a 13.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.15% of the company’s stock.

Hedge Funds Weigh In On Honeywell International

Institutional investors have recently bought and sold shares of the stock. CYBER HORNET ETFs LLC acquired a new stake in shares of Honeywell International in the second quarter worth about $220,000. California State Teachers Retirement System acquired a new position in shares of Honeywell International during the 2nd quarter valued at about $28,209,206,000. Atlantic Private Wealth LLC bought a new position in shares of Honeywell International in the 2nd quarter valued at approximately $59,000. DMC Group LLC bought a new position in shares of Honeywell International in the 2nd quarter valued at approximately $375,000. Finally, Studio Investment Management LLC acquired a new stake in Honeywell International in the 2nd quarter worth approximately $2,578,000. 75.91% of the stock is currently owned by institutional investors.

About Honeywell International

Honeywell International Inc (NASDAQ:HON) is a diversified technology and manufacturing company that develops products and software for the aerospace, building, industrial and energy markets. Its offerings include aircraft engines and auxiliary power systems, avionics, safety and control systems, building automation technologies, industrial process controls, warehouse and supply-chain automation solutions, and environmental and energy-management systems.

The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, logistics providers, and energy companies worldwide.