Honeywell International (NASDAQ:HON) Shares Up 7.3% After Strong Earnings

Shares of Honeywell International Inc. (NASDAQ:HON) traded up 7.3% during trading on Thursday following a stronger than expected earnings report. The stock traded as high as $248.84 and last traded at $249.9450. Approximately 1,061,911 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 4,260,211 shares. The stock had previously closed at $232.99.

The conglomerate reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.15. Honeywell International had a return on equity of 42.29% and a net margin of 11.37%.The firm had revenue of $9.72 billion during the quarter, compared to analysts’ expectations of $5.02 billion. Honeywell International’s revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.77 earnings per share. Honeywell International has set its Q3 2026 guidance at 2.050-2.200 EPS and its Q4 2026 guidance at 2.280-2.430 EPS.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 15th were paid a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, May 15th. Honeywell International’s payout ratio is currently 67.42%.

Honeywell International News Roundup

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

• Positive Sentiment: Honeywell beat Q2 expectations, reporting adjusted EPS of $1.95 versus the $1.80 consensus and revenue of $9.72 billion, helped by resilient demand in industrial and building automation and 4% order growth. Honeywell International Inc. (HON) Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company said its backlog is about $38 billion, suggesting healthy demand visibility even as it completes a major portfolio reshaping. Honeywell Technologies Reports Second Quarter Results
• Neutral Sentiment: Honeywell’s first post-breakup results showed higher profit and sales, but the market is still digesting the separation of Aerospace Technologies, which changes how investors should compare results versus prior periods. Reuters article on Honeywell Technologies profit rise
• Neutral Sentiment: Honeywell reaffirmed its full-year sales outlook, which may reassure investors about the core business, but it did not materially improve near-term uncertainty. Honeywell International (HON) Undervalued As It Reaffirms 2026 Guidance?
• Negative Sentiment: Q3 and Q4 EPS guidance came in below Wall Street’s expectations, and Q3 revenue guidance of $4.9 billion to $5.0 billion also missed estimates, which could pressure the stock despite the Q2 beat. Barron’s article on Honeywell Technologies and aerospace spinoff

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Sanford C. Bernstein began coverage on Honeywell International in a research report on Wednesday, June 10th. They issued a “market perform” rating and a $233.00 target price for the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $275.00 target price (up from $268.00) on shares of Honeywell International in a report on Thursday, June 11th. Barclays decreased their price objective on shares of Honeywell International from $251.00 to $239.00 and set an “overweight” rating for the company in a report on Wednesday, June 10th. Morgan Stanley lowered their target price on shares of 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. Finally, Mizuho raised their price target on shares of Honeywell International from $240.00 to $480.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Thirteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Honeywell International currently has an average rating of “Hold” and an average target price of $257.79.

Hedge Funds Weigh In On Honeywell International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HON. Caitlin John LLC increased 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 valued at $25,000 after purchasing an additional 75 shares during the period. Ares Financial Consulting LLC acquired a new stake in Honeywell International in the fourth quarter worth about $26,000. Hilton Head Capital Partners LLC acquired a new stake in Honeywell International in the fourth quarter worth about $28,000. University of Texas Texas AM Investment Management Co. bought a new position in Honeywell International in the 4th quarter valued at about $28,000. Finally, Strategic Wealth Advisors LLC bought a new position in Honeywell International in the 4th quarter valued at about $29,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Performance

The stock has a market cap of $78.54 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 5.18 and a beta of 0.90. 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 company’s 50 day simple moving average is $224.98 and its 200 day simple moving average is $226.15.

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.