Honeywell International Inc. (HON) To Go Ex-Dividend on August 14th

Honeywell International Inc. (NASDAQ:HON) announced a quarterly dividend on Friday, July 24th. Shareholders of record on Friday, August 14th will be given a dividend of 0.70 per share by the conglomerate on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, August 14th.

Honeywell International has increased its dividend by an average of 0.4%per year over the last three years and has raised its dividend every year for the last 14 years. Honeywell International has a payout ratio of 83.8% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Analysts expect Honeywell International to earn $10.07 per share next year, which means the company should continue to be able to cover its $9.52 annual dividend with an expected future payout ratio of 94.5%.

Honeywell International Stock Performance

Shares of HON opened at $230.12 on Wednesday. The firm has a fifty day moving average of $229.85 and a 200-day moving average of $229.51. The company has a market cap of $72.93 billion, a price-to-earnings ratio of 8.90, a price-to-earnings-growth ratio of 5.44 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. Honeywell International has a 1 year low of $196.59 and a 1 year high of $261.24.

Honeywell International (NASDAQ:HON) last released its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.15. The business had revenue of $9.72 billion for the quarter, compared to analysts’ expectations of $5.03 billion. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.77 EPS. 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. As a group, equities analysts anticipate that Honeywell International will post 8.25 earnings per share for the current year.

Analyst Upgrades and Downgrades

HON has been the topic of several analyst reports. Wells Fargo & Company cut their price target on Honeywell International from $235.00 to $230.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Bank of America raised Honeywell International from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $205.00 to $265.00 in a report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft raised their target price on Honeywell International from $250.00 to $263.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Citigroup boosted their price target on Honeywell International from $260.00 to $279.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Finally, Jefferies Financial Group set a $265.00 price target on Honeywell International in a research note on Tuesday, July 28th. Thirteen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $254.25.

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.