Honeywell International (NASDAQ:HON) Issues Earnings Results

Honeywell International (NASDAQ:HON) posted its earnings results on Thursday. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.15, Zacks reports. The company had revenue of $9.72 billion during the quarter, compared to analyst estimates of $5.02 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.77 EPS. Honeywell International updated its Q3 2026 guidance to 2.050-2.200 EPS and its Q4 2026 guidance to 2.280-2.430 EPS.

Here are the key takeaways from Honeywell International’s conference call:

• Honeywell Technologies reported 4% organic sales growth, 16% organic orders growth, and a 100 basis point margin expansion in Q2, with results coming in above expectations.
• The company raised full-year guidance for organic sales growth, segment margin, and adjusted EPS, now targeting $8.20 midpoint EPS and expecting to exit 2026 above 22% segment margin.
• Management highlighted strong momentum in Building Automation and an expected sharp second-half inflection in Process Automation & Technology, supported by backlog conversion, LNG activity, and stronger catalyst shipments.
• The company completed the Johnson Matthey Catalyst Technologies acquisition and said it adds strategic capability in refining, petrochemicals, and renewable fuels, with management expecting commercial and cost synergies over time.
• Honeywell expects the earlier-than-planned divestitures of Productivity Solutions & Services and Warehouse & Workflow Solutions to reduce 2026 revenue by about $400 million, even as the portfolio becomes more focused.

Honeywell International Stock Down 1.2%

HON traded down $2.94 during trading on Friday, reaching $243.33. 407,864 shares of the stock were exchanged, compared to its average volume of 4,274,979. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.10 and a current ratio of 1.39. The stock’s 50 day moving average price is $225.55 and its two-hundred day moving average price is $226.50. Honeywell International has a twelve month low of $196.59 and a twelve month high of $261.24. The stock has a market cap of $77.09 billion, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 5.25 and a beta of 0.90.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were issued a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Friday, May 15th. Honeywell International’s payout ratio is presently 67.42%.

Key Headlines Impacting Honeywell International

Here are the key news stories impacting Honeywell International this week:

• Positive Sentiment: Q2 adjusted EPS came in at $1.95, ahead of consensus, while revenue reached $9.72 billion and organic sales rose 4%, showing the core business is still growing. Honeywell Technologies Reports Second Quarter Results
• Positive Sentiment: Orders surged 16% and backlog increased 9% year over year, which suggests future revenue visibility and healthy underlying demand, especially in automation and building systems. Honeywell (HON) Q2 2026 Earnings Call Transcript
• Positive Sentiment: Management raised full-year guidance, citing stronger margins and orders, which signals confidence in execution after the restructuring and can support the stock. Honeywell Lifts Outlook on Strong Orders and Margins
• Neutral Sentiment: Several articles focused on the first post-spin-off results and the transition into a more streamlined automation company, an important strategic milestone but not an immediate catalyst on its own. Honeywell Technologies profit rises in first post-breakup results
• Negative Sentiment: The aerospace spin-off may be weighing on sentiment in the near term, as some investors are still adjusting to the breakup and the change in Honeywell’s business mix. How Honeywell Technologies Sent Stock in Its Aerospace Spinoff Down

Analyst Ratings Changes

HON has been the topic of a number of recent analyst reports. Daiwa Securities Group raised shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $255.00 price target on the stock in a research report on Tuesday, June 30th. Wolfe Research raised Honeywell International to a “hold” rating in a research note on Monday, June 29th. Morgan Stanley decreased their target price on Honeywell International from $490.00 to $245.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 14th. Wells Fargo & Company lowered their price target on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Finally, Sanford C. Bernstein began coverage on Honeywell International in a report on Wednesday, June 10th. They set a “market perform” rating and a $233.00 price objective on the stock. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average price target of $258.75.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Caitlin John LLC boosted its stake in shares of Honeywell International by 138.9% during the 4th quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock worth $25,000 after acquiring an additional 75 shares during the period. University of Texas Texas AM Investment Management Co. acquired a new stake in Honeywell International during the fourth quarter worth approximately $28,000. JPL Wealth Management LLC acquired a new position in Honeywell International in the 3rd quarter valued at $31,000. Strive Asset Management LLC bought a new stake in shares of Honeywell International during the 3rd quarter valued at $33,000. Finally, Birchwood Financial Partners Inc. bought a new position in shares of Honeywell International in the fourth quarter worth $37,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

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.