BMO Capital Markets Forecasts Strong Price Appreciation for Honeywell International (NASDAQ:HON) Stock

Honeywell International (NASDAQ:HON) had its price target hoisted by equities research analysts at BMO Capital Markets from $253.00 to $276.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has an “outperform” rating on the conglomerate’s stock. BMO Capital Markets’ price target points to a potential upside of 13.51% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Mizuho raised their price objective on Honeywell International from $240.00 to $480.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Wolfe Research raised Honeywell International to a “hold” rating in a research note on Monday, June 29th. Zacks Research cut shares of Honeywell International from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 9th. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Honeywell International from $250.00 to $263.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Thirteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $259.67.

Honeywell International Price Performance

HON opened at $243.15 on Monday. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 1.39. The stock has a market cap of $77.06 billion, a P/E ratio of 9.40, a P/E/G ratio of 5.49 and a beta of 0.90. Honeywell International has a 12 month low of $196.59 and a 12 month high of $261.24. The company has a fifty day simple moving average of $226.15 and a 200 day simple moving average of $226.80.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.15. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The business had revenue of $9.72 billion for the quarter, compared to analysts’ expectations of $5.03 billion. During the same quarter in the prior year, the business earned $1.77 EPS. The firm’s revenue for the quarter 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, research analysts expect that Honeywell International will post 8.19 EPS for the current year.

Institutional Investors Weigh In On Honeywell International

Institutional investors have recently modified their holdings of the company. Brighton Jones LLC grew its position in Honeywell International by 9.1% during the 4th quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock worth $4,302,000 after purchasing an additional 1,582 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of Honeywell International by 145.7% during the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after purchasing an additional 2,629 shares during the period. Schnieders Capital Management LLC. lifted its stake in shares of Honeywell International by 18.3% during the second quarter. Schnieders Capital Management LLC. now owns 7,920 shares of the conglomerate’s stock worth $1,844,000 after purchasing an additional 1,223 shares in the last quarter. Nebula Research & Development LLC grew its holdings in Honeywell International by 3.1% during the 2nd quarter. Nebula Research & Development LLC now owns 5,901 shares of the conglomerate’s stock valued at $1,374,000 after purchasing an additional 176 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in shares of Honeywell International by 4.4% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,488 shares of the conglomerate’s stock valued at $1,045,000 after buying an additional 188 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

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.