JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Honeywell International (NASDAQ:HON) Stock

Honeywell International (NASDAQ:HON) had its target price raised by research analysts at JPMorgan Chase & Co. from $240.00 to $241.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has an “overweight” rating on the conglomerate’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 9.91% from the stock’s current price.

Several other equities research analysts have also issued reports on the stock. Zacks Research raised shares of Honeywell International from a “strong sell” rating to a “hold” rating in a report on Friday, September 4th. Royal Bank Of Canada lowered their price target on shares of Honeywell International from $270.00 to $269.00 and set an “outperform” rating on the stock in a report on Friday. Wolfe Research upgraded shares of Honeywell International to a “hold” rating in a research report on Monday, June 29th. Weiss Ratings cut shares of Honeywell International from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, September 25th. Finally, BMO Capital Markets increased their price objective on shares of Honeywell International from $253.00 to $276.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Thirteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Honeywell International presently has an average rating of “Hold” and an average target price of $249.60.

Honeywell International Stock Performance

HON traded up $0.96 during midday trading on Friday, reaching $219.27. The company had a trading volume of 770,412 shares, compared to its average volume of 3,853,024. 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 business has a 50-day moving average of $212.07 and a two-hundred day moving average of $221.91. The company has a market cap of $69.50 billion, a P/E ratio of 8.48, a P/E/G ratio of 1.60 and a beta of 0.86. Honeywell International has a 1 year low of $196.59 and a 1 year high of $261.24.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, October 22nd. The conglomerate reported $2.27 EPS for the quarter, topping the consensus estimate of $2.17 by $0.10. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%. The firm had revenue of $4.99 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter last year, the company earned $2.82 earnings per share. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. As a group, equities research analysts predict that Honeywell International will post 8.27 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Kenneth West sold 17,032 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $243.77, for a total value of $4,151,890.64. Following the transaction, the chief executive officer directly owned 2,132 shares of the company’s stock, valued at approximately $519,717.64. The trade was a 88.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Honeywell International

Institutional investors and hedge funds have recently modified their holdings of the stock. CYBER HORNET ETFs LLC purchased a new stake in Honeywell International in the 2nd quarter worth $220,000. Atlantic Private Wealth LLC purchased a new position in shares of Honeywell International during the second quarter valued at about $59,000. DMC Group LLC purchased a new position in shares of Honeywell International during the second quarter valued at about $375,000. Studio Investment Management LLC bought a new stake in shares of Honeywell International in the second quarter worth about $2,578,000. Finally, Washington Trust Advisors Inc. bought a new stake in shares of Honeywell International in the second quarter worth about $118,000. Institutional investors 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: Third-quarter earnings beat expectations. Honeywell reported adjusted EPS of $2.27, above the $2.17 consensus estimate. Automation demand helped drive 7% organic sales growth, while energy projects and data-center demand supported results. Honeywell Q3 Earnings Beat on Automation Strength, Outlook Raised
• Positive Sentiment: Full-year EPS guidance was raised. Honeywell now expects fiscal 2026 EPS of $8.40-$8.45, above the $8.29 analyst consensus. The company also increased its outlook for full-year organic sales and cash flow, signaling continued operating momentum.
• Positive Sentiment: New industrial AI platform expands Honeywell’s software opportunity. The company launched Forge Cognition with NVIDIA and Dell Technologies to apply AI and physics-based simulation to facility reliability, energy consumption and plant performance. Honeywell Unveils Forge Cognition
• Neutral Sentiment: Analyst views are mixed. Royal Bank of Canada maintained an “outperform” rating and a $269 price target, while Morgan Stanley assigned a “hold” rating. RBC’s target was trimmed slightly from $270. Royal Bank of Canada Honeywell rating
• Negative Sentiment: Revenue guidance fell short of expectations. Fourth-quarter revenue guidance of $5.0-$5.1 billion and full-year revenue guidance of $20.0-$20.1 billion are below consensus estimates of $5.2 billion and $20.2 billion, respectively. Third-quarter revenue also narrowly missed estimates at $4.99 billion, and EPS declined from the prior-year period.

Honeywell International Company Profile

Honeywell International Inc is a diversified industrial technology company that develops products and systems for the aerospace, building automation, energy and industrial sectors. Its offerings include aircraft engines and avionics, industrial automation and control systems, building management technologies, fire and security products, personal protective equipment, and specialty materials and chemicals.

The company serves commercial aerospace, defense, airlines, building owners, manufacturers, energy producers and other industrial customers.