Honeywell International (NASDAQ:HON) Cut to “Hold” at Vertical Research

Vertical Research downgraded shares of Honeywell International (NASDAQ:HON) from a buy rating to a hold rating in a report published on Monday morning, Marketbeat reports. Vertical Research currently has $220.00 price objective on the conglomerate’s stock.

Several other research firms have also issued reports on HON. Mizuho reduced their target price on shares of Honeywell International from $250.00 to $240.00 and set an “outperform” rating for the company in a report on Monday. Wall Street Zen raised shares of Honeywell International to a “hold” rating in a report on Saturday, January 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Honeywell International in a research note on Monday, December 29th. Argus decreased their price objective on shares of Honeywell International from $250.00 to $225.00 in a research report on Friday, November 14th. Finally, Robert W. Baird lowered their target price on shares of Honeywell International from $250.00 to $220.00 and set a “neutral” rating on the stock in a research note on Monday, October 13th. Nine equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and an average price target of $234.15.

Honeywell International Trading Down 2.6%

NASDAQ:HON opened at $199.51 on Monday. Honeywell International has a one year low of $169.21 and a one year high of $228.04. The business has a fifty day moving average price of $195.40 and a 200-day moving average price of $210.90. The firm has a market capitalization of $126.67 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 2.75 and a beta of 0.95. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.36 and a quick ratio of 1.04.

Honeywell International (NASDAQ:HON) last released its earnings results on Monday, December 11th. The conglomerate reported $2.25 earnings per share for the quarter. The company had revenue of $8.95 billion for the quarter. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.Honeywell International has set its FY 2025 guidance at 10.600-10.700 EPS and its Q4 2025 guidance at 2.520-2.620 EPS. Sell-side analysts forecast that Honeywell International will post 10.34 EPS for the current year.

Institutional Trading of Honeywell International

Several hedge funds have recently bought and sold shares of the stock. Holos Integrated Wealth LLC purchased a new stake in shares of Honeywell International in the fourth quarter worth about $25,000. Chung Wu Investment Group LLC purchased a new position in Honeywell International during the 2nd quarter valued at approximately $26,000. Barnes Dennig Private Wealth Management LLC increased its stake in Honeywell International by 491.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after acquiring an additional 118 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in shares of Honeywell International during the 3rd quarter worth approximately $31,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of Honeywell International during the 2nd quarter worth approximately $33,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

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.