Honeywell International (NASDAQ:HON) Research Coverage Started at Jefferies Financial Group

Jefferies Financial Group began coverage on shares of Honeywell International (NASDAQ:HON) in a research report released on Monday, Marketbeat Ratings reports. The firm issued a hold rating and a $255.00 target price on the conglomerate’s stock.

Several other analysts have also commented on the company. Wolfe Research upgraded Honeywell International to a “hold” rating in a report on Monday, June 29th. Royal Bank Of Canada boosted their target price on Honeywell International from $272.00 to $298.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Barclays reduced their target price on Honeywell International from $251.00 to $239.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 10th. JPMorgan Chase & Co. decreased their price target on Honeywell International from $262.00 to $255.00 and set an “overweight” rating for the company in a research note on Friday, August 14th. Finally, 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. Thirteen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and a consensus price target of $253.83.

Honeywell International Stock Down 2.6%

NASDAQ:HON opened at $221.73 on Monday. Honeywell International has a fifty-two week low of $196.59 and a fifty-two week high of $261.24. The stock has a market capitalization of $70.28 billion, a P/E ratio of 8.57, a P/E/G ratio of 5.10 and a beta of 0.89. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.93 and a current ratio of 1.21. The company’s 50-day simple moving average is $231.73 and its 200-day simple moving average is $229.88.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 EPS for the quarter, topping the consensus estimate of $1.80 by $0.15. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The firm had revenue of $9.72 billion during the quarter, compared to analyst estimates of $5.03 billion. During the same quarter in the previous year, the business posted $1.77 EPS. Honeywell International’s revenue was up 3.4% on a year-over-year basis. 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. On average, equities analysts anticipate that Honeywell International will post 8.25 earnings per share for the current fiscal year.

Honeywell International Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.80 dividend on an annualized basis and a yield of 1.3%. Honeywell International’s payout ratio is currently 36.80%.

Insiders Place Their Bets

In other Honeywell International news, CEO Kenneth J. West sold 316 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $245.47, for a total transaction of $77,568.52. Following the sale, the chief executive officer owned 2,004 shares in the company, valued at approximately $491,921.88. The trade was a 13.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On Honeywell International

Institutional investors and hedge funds have recently modified their holdings of the company. Caitlin John LLC lifted its stake in Honeywell International by 138.9% during the 4th quarter. Caitlin John LLC now owns 129 shares of the conglomerate’s stock valued at $25,000 after acquiring an additional 75 shares during the period. Ares Financial Consulting LLC acquired a new stake in shares of Honeywell International in the fourth quarter worth $26,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Honeywell International in the fourth quarter worth $28,000. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Honeywell International during the fourth quarter worth $28,000. Finally, Strategic Wealth Advisors LLC purchased a new position in shares of Honeywell International during the fourth quarter worth $29,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Company Profile

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.