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

Key Points

• Citigroup raised Honeywell’s price target from $270 to $271 and maintained a “buy” rating, implying approximately 22.2% upside from the stock’s reported $221.75 price.
• Honeywell’s latest quarterly EPS of $2.27 exceeded the $2.17 consensus, while revenue of $4.99 billion slightly missed expectations. The company cited demand in automation, energy and data centers, but earnings declined from $2.82 a year earlier.
• Analyst sentiment remains mixed: 13 analysts rate the stock a buy, 12 hold and one sell, producing an overall “hold” consensus and an average price target of $249.96.

Honeywell International (NASDAQ:HON - Get Free Report) had its price objective increased by research analysts at Citigroup from $270.00 to $271.00 in a report issued on Friday, Benzinga reports. The brokerage presently has a "buy" rating on the conglomerate's stock. Citigroup's price target indicates a potential upside of 22.21% from the stock's current price.

HON has been the topic of a number of other research reports. Rothschild & Co Redburn lowered their price target on Honeywell International from $237.00 to $234.00 and set a "neutral" rating on the stock in a research report on Friday, September 25th. Morgan Stanley increased their price target on shares of Honeywell International from $245.00 to $250.00 and gave the company an "equal weight" rating in a research report on Monday, August 31st. JPMorgan Chase & Co. lifted their price target on shares of Honeywell International from $240.00 to $241.00 and gave the stock an "overweight" rating in a research note on Friday. Melius Research lowered shares of Honeywell International from a "buy" rating to a "hold" rating and set a $190.00 target price on the stock. in a report on Monday, September 14th. Finally, Wells Fargo & Company assumed coverage on shares of Honeywell International in a research note on Friday, September 25th. They issued an "equal weight" rating and a $231.00 price target for the company. Thirteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $249.96.

Honeywell International Stock Up 1.6%

Honeywell International stock traded up $3.44 during midday trading on Friday, reaching $221.75. The stock had a trading volume of 1,530,597 shares, compared to its average volume of 3,856,558. The company has a current ratio of 1.21, a quick ratio of 0.93 and a debt-to-equity ratio of 1.39. Honeywell International has a 12 month low of $196.59 and a 12 month high of $261.24. The company has a fifty day moving average price of $212.07 and a two-hundred day moving average price of $221.91. The company has a market capitalization of $70.28 billion, a P/E ratio of 8.59, a PEG ratio of 1.60 and a beta of 0.86.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its earnings results on Thursday, October 22nd. The conglomerate reported $2.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.17 by $0.10. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%. The company had revenue of $4.99 billion for the quarter, compared to analysts' expectations of $5.01 billion. During the same period last year, the business earned $2.82 EPS. Honeywell International's quarterly revenue was up 1.3% compared to the same quarter last year. As a group, equities analysts expect that Honeywell International will post 8.27 EPS for the current fiscal year.

Insider Buying and Selling at Honeywell International

In related news, CEO Kenneth West sold 316 shares of the firm's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $245.47, for a total value of $77,568.52. Following the sale, the chief executive officer directly owned 2,004 shares of the company's stock, valued at $491,921.88. This trade represents a 13.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.15% of the company's stock.

Hedge Funds Weigh In On Honeywell International

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Studio Investment Management LLC purchased a new position in shares of Honeywell International during the second quarter valued at about $2,578,000. Azimuth Capital Investment Management LLC bought a new stake in Honeywell International during the 2nd quarter valued at approximately $1,448,000. Syon Capital LLC bought a new position in shares of Honeywell International in the 2nd quarter worth approximately $1,320,000. Allen Mooney & Barnes Investment Advisors LLC purchased a new position in shares of Honeywell International in the 2nd quarter valued at approximately $7,202,000. Finally, Rogco LP purchased a new stake in Honeywell International in the second quarter worth $640,000. Institutional investors own 75.91% of the company's stock.

Key Headlines Impacting Honeywell International

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

• Positive Sentiment: Raised earnings outlook: Honeywell increased its 2026 EPS guidance to $8.40-$8.45, above the $8.29 analyst consensus. The company also expects fourth-quarter EPS of $2.42-$2.47, slightly ahead of estimates. HON Q3 Earnings Call Highlights Higher Outlook and Energy Demand
• Positive Sentiment: Q3 profit beat and strong demand: Honeywell reported adjusted earnings of $2.27 per share, topping the $2.17 consensus. Organic sales rose 7%, supported by automation orders, energy projects and data-center demand, while management cited improving margins and cash flow. HON Q3 Earnings Beat on Automation Strength, Outlook Raised
• Positive Sentiment: Analyst support: JPMorgan raised its price target from $240 to $241 and maintained an “overweight” rating. RBC trimmed its target modestly from $270 to $269 but retained an “outperform” rating.
• Positive Sentiment: AI expansion: Honeywell launched Forge Cognition, an AI and simulation platform for facility operations, in partnership with NVIDIA and Dell Technologies. The product targets asset reliability, energy efficiency and plant performance. Honeywell Unveils Forge Cognition
• Neutral Sentiment: Mixed guidance on revenue: Full-year revenue guidance of $20.0-$20.1 billion and fourth-quarter guidance of $5.0-$5.1 billion remain below consensus estimates of $20.2 billion and $5.2 billion, respectively.
• Neutral Sentiment: Morgan Stanley initiated or reiterated a “hold” rating, indicating that some analysts remain cautious despite the improved outlook.
• Negative Sentiment: Revenue slightly missed expectations: Q3 revenue was $4.99 billion versus the $5.01 billion consensus, and EPS declined from $2.82 in the prior-year quarter, tempering the otherwise favorable results.

About Honeywell International

Honeywell International Inc is a diversified industrial technology company that develops products and systems for the aerospace, building automation, energy and industrial sectors. Its offerings include aircraft engines and avionics, industrial automation and control systems, building management technologies, fire and security products, personal protective equipment, and specialty materials and chemicals.

The company serves commercial aerospace, defense, airlines, building owners, manufacturers, energy producers and other industrial customers.

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