Honeywell International (NASDAQ:HON) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Honeywell International (NASDAQ:HONGet Free Report) had its target price boosted by equities research analysts at Morgan Stanley from $245.00 to $490.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has an “equal weight” rating on the conglomerate’s stock. Morgan Stanley’s target price suggests a potential upside of 108.49% from the stock’s current price.

A number of other equities research analysts have also recently commented on HON. Sanford C. Bernstein started coverage on shares of Honeywell International in a report on Wednesday, June 10th. They issued a “market perform” rating and a $233.00 price target on the stock. Wolfe Research reissued an “outperform” rating and issued a $275.00 target price on shares of Honeywell International in a research report on Friday, May 29th. Barclays lowered their target price on Honeywell International from $251.00 to $239.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 10th. TD Cowen dropped their price target on Honeywell International from $240.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Finally, Citigroup lowered their price objective on Honeywell International from $265.00 to $257.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Thirteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $257.12.

View Our Latest Report on Honeywell International

Honeywell International Stock Performance

HON stock traded down $229.40 during midday trading on Monday, hitting $235.02. The company’s stock had a trading volume of 3,392,693 shares, compared to its average volume of 2,272,564. The stock’s 50-day moving average price is $222.08 and its 200 day moving average price is $222.35. The company has a quick ratio of 1.10, a current ratio of 1.39 and a debt-to-equity ratio of 1.98. Honeywell International has a 1 year low of $234.12 and a 1 year high of $496.36. The stock has a market cap of $148.92 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 3.32 and a beta of 0.85.

Honeywell International (NASDAQ:HONGet Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.13. The firm had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $9.30 billion. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.21 EPS. Honeywell International has set its FY 2026 guidance at 10.350-10.650 EPS and its Q2 2026 guidance at 2.350-2.450 EPS. On average, equities analysts forecast that Honeywell International will post 10.54 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Caitlin John LLC boosted its holdings in shares of Honeywell International by 138.9% during the fourth quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock worth $25,000 after purchasing an additional 75 shares during the period. Holos Integrated Wealth LLC bought a new position in Honeywell International in the fourth quarter worth about $25,000. Ares Financial Consulting LLC purchased a new position in shares of Honeywell International in the 4th quarter valued at approximately $26,000. Hilton Head Capital Partners LLC bought a new stake in shares of Honeywell International during the 4th quarter valued at $28,000. Finally, University of Texas Texas AM Investment Management Co. purchased a new position in shares of Honeywell International during the fourth quarter valued at approximately $28,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Honeywell International

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Honeywell International Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Honeywell International (NASDAQ:HON)

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