Honeywell International (NASDAQ:HON) Hits New 52-Week High – Still a Buy?

Honeywell International Inc. (NASDAQ:HON) shares hit a new 52-week high during trading on Thursday . The company traded as high as $236.34 and last traded at $235.35, with a volume of 5939426 shares trading hands. The stock had previously closed at $230.91.

Key Headlines Impacting Honeywell International

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

• Positive Sentiment: Jefferies and Daiwa raised their price targets to $240, signaling renewed analyst conviction that can support short‑term buying momentum. Read More. Read More.
• Positive Sentiment: Major houses (example: RBC and Deutsche Bank) have raised targets into the high‑$200s, reinforcing a consensus bullish tilt that attracts institutional and momentum buyers.
• Positive Sentiment: Honeywell announced participation at upcoming investor conferences — management visibility with investors typically helps sustain momentum and can lead to incremental flows. Read More.
• Positive Sentiment: Multiple bullish writeups and a summarized bull thesis circulated (InsiderMonkey, MSN), which can influence retail and independent investors. Read More. Read More.
• Neutral Sentiment: Rothschild & Co Redburn raised its target to $235 but maintained a neutral rating — a modest signal that may have limited directional impact compared with outright buy upgrades. Read More.
• Neutral Sentiment: Region/unit‑level noise: Honeywell Automation India reported a profit slip tied to higher costs / a one‑time charge — likely isolated to the India‑listed unit rather than Honeywell’s consolidated results. Read More.
• Negative Sentiment: Insider selling — VP Robert D. Mailloux sold 10,549 shares (large reduction in his holding). While insider sales can be for personal reasons, markets often view sizable disposals as a negative signal. Read More.
• Negative Sentiment: Critical analysis flagged unattractive return trends at Honeywell; that commentary can weigh on value‑focused investors and temper enthusiasm among income/value funds. Read More.
• Negative Sentiment: Some analysts still show lower targets (example: BNP Paribas’ $215), which could blunt upside for investors who track consensus target risk. Read More.

Analyst Ratings Changes

A number of equities analysts have issued reports on HON shares. Daiwa Capital Markets upped their target price on Honeywell International from $230.00 to $240.00 in a research report on Tuesday. Morgan Stanley dropped their price target on shares of Honeywell International from $245.00 to $235.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 28th. Citigroup upped their price target on shares of Honeywell International from $262.00 to $265.00 and gave the company a “buy” rating in a report on Friday, January 30th. TD Cowen decreased their price objective on shares of Honeywell International from $250.00 to $240.00 and set a “buy” rating for the company in a report on Monday, November 10th. Finally, Evercore ISI boosted their target price on shares of Honeywell International from $255.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Eleven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $244.50.

Honeywell International Trading Up 1.9%

The company has a debt-to-equity ratio of 1.76, a current ratio of 1.32 and a quick ratio of 1.05. The business’s fifty day simple moving average is $204.96 and its 200 day simple moving average is $208.73. The stock has a market cap of $149.42 billion, a price-to-earnings ratio of 29.46, a P/E/G ratio of 3.35 and a beta of 0.94.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, January 29th. The conglomerate reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.05. Honeywell International had a net margin of 12.74% and a return on equity of 40.40%. The company had revenue of $10.07 billion for the quarter, compared to the consensus estimate of $9.60 billion. During the same period last year, the firm posted $2.47 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, research analysts predict that Honeywell International Inc. will post 10.34 EPS for the current year.

Insider Buying and Selling

In other Honeywell International news, VP Robert D. Mailloux sold 10,549 shares of Honeywell International stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $229.00, for a total value of $2,415,721.00. Following the completion of the transaction, the vice president directly owned 4,803 shares in the company, valued at $1,099,887. The trade was a 68.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.20% of the stock is currently owned by insiders.

Institutional Trading of Honeywell International

Several hedge funds have recently made changes to their positions in the stock. Holos Integrated Wealth LLC acquired a new stake in Honeywell International in the fourth quarter worth $25,000. Ares Financial Consulting LLC acquired a new position in shares of Honeywell International during the fourth quarter valued at $26,000. Strategic Wealth Advisors LLC bought a new position in shares of Honeywell International during the fourth quarter worth about $29,000. Barnes Dennig Private Wealth Management LLC grew its position in shares of Honeywell International by 491.7% during the third 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. Finally, JPL Wealth Management LLC acquired a new stake in shares of Honeywell International in the 3rd quarter worth about $31,000. 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.