Honeywell International (NASDAQ:HON) Given New $270.00 Price Target at Citigroup

Honeywell International (NASDAQ:HON) had its price objective decreased by equities research analysts at Citigroup from $279.00 to $270.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has a “buy” rating on the conglomerate’s stock. Citigroup’s price objective indicates a potential upside of 28.79% from the stock’s previous close.

A number of other brokerages have also commented on HON. Wolfe Research upgraded shares of Honeywell International to a “hold” rating in a report on Monday, June 29th. Weiss Ratings downgraded Honeywell International from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, September 25th. Morgan Stanley lifted their target price on Honeywell International from $245.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Monday, August 31st. Zacks Research upgraded Honeywell International from a “strong sell” rating to a “hold” rating in a research note on Friday, September 4th. Finally, Mizuho boosted their price target on Honeywell International from $240.00 to $265.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Thirteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $250.92.

Honeywell International Stock Up 0.9%

NASDAQ HON traded up $1.91 during trading hours on Monday, hitting $209.64. The company had a trading volume of 1,666,879 shares, compared to its average volume of 3,907,031. 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 fifty-two week low of $196.59 and a fifty-two week high of $261.24. The company has a market capitalization of $66.44 billion, a price-to-earnings ratio of 8.10, a P/E/G ratio of 1.77 and a beta of 0.86. The firm’s 50 day moving average is $217.48 and its 200 day moving average is $222.82.

Honeywell International (NASDAQ:HON) last announced its 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. The business 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 company’s revenue was up 3.4% on a year-over-year basis. During the same period last year, the business posted $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. Sell-side analysts anticipate that Honeywell International will post 8.28 earnings per share for the current fiscal year.

Insider Transactions at Honeywell International

In other Honeywell International news, CEO Kenneth West sold 316 shares of the stock in a transaction on 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 in the company, valued at $491,921.88. This represents a 13.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.15% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. CYBER HORNET ETFs LLC purchased a new stake in shares of Honeywell International during the second quarter valued at $220,000. Atlantic Private Wealth LLC purchased a new position in Honeywell International in the 2nd quarter worth about $59,000. DMC Group LLC purchased a new position in Honeywell International in the 2nd quarter worth about $375,000. Studio Investment Management LLC purchased a new position in Honeywell International in the 2nd quarter worth about $2,578,000. Finally, Washington Trust Advisors Inc. acquired a new stake in Honeywell International during the 2nd quarter worth about $118,000. 75.91% of the stock is owned by institutional investors and hedge funds.

About Honeywell International

Honeywell International Inc is a diversified technology and manufacturing company that develops products and systems for the aerospace, building automation, industrial automation, and energy markets. Its offerings include aircraft engines and auxiliary power units, avionics, flight-safety and control systems, building-management and security technologies, industrial control systems, sensors, software, and workplace safety products.

The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, utilities, and other industrial businesses.