Honeywell International (NASDAQ:HON) Stock Price Target Lowered at JPMorgan Chase & Co.

Key Points

• JPMorgan lowered Honeywell’s price target from $255 to $240 while maintaining an “overweight” rating, implying approximately 15.5% upside from the prior close.
• Analyst sentiment is mixed: 13 analysts rate the stock “Buy,” 12 rate it “Hold,” and one rates it “Sell,” resulting in an average “Hold” rating and consensus price target of $251.28.
• Honeywell shares closed at $207.73, below their 50-day and 200-day moving averages, despite the company recently beating quarterly EPS expectations with $1.95 versus the $1.80 consensus estimate.

Honeywell International (NASDAQ:HON - Get Free Report) had its price objective reduced by equities researchers at JPMorgan Chase & Co. from $255.00 to $240.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an "overweight" rating on the conglomerate's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 15.54% from the stock's previous close.

Several other equities analysts also recently weighed in on HON. BMO Capital Markets raised their price target on Honeywell International from $253.00 to $276.00 and gave the stock an "outperform" rating in a research report on Monday, July 27th. Wells Fargo & Company started coverage on Honeywell International in a research note on Friday, September 25th. They set an "equal weight" rating and a $231.00 price objective on the stock. Bank of America upgraded Honeywell International from an "underperform" rating to a "neutral" rating and lifted their price objective for the stock from $205.00 to $265.00 in a research report on Tuesday, July 28th. 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, Morgan Stanley raised their price target on shares of Honeywell International from $245.00 to $250.00 and gave the stock an "equal weight" rating in a research note on Monday, August 31st. Thirteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Honeywell International currently has an average rating of "Hold" and an average price target of $251.28.

Honeywell International Price Performance

NASDAQ HON traded up $1.13 during trading hours on Friday, reaching $207.73. The company's stock had a trading volume of 1,186,579 shares, compared to its average volume of 3,915,260. 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 moving average is $218.18 and its two-hundred day moving average is $222.93. 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 cap of $65.84 billion, a PE ratio of 8.03, a PEG ratio of 1.78 and a beta of 0.86.

Honeywell International (NASDAQ:HON - Get Free Report) last announced its earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.80 by $0.15. The company had revenue of $9.72 billion during 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 firm's quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Analysts forecast that Honeywell International will post 8.26 EPS for the current year.

Insider Transactions at Honeywell International

In other Honeywell International news, CEO Kenneth West sold 316 shares of Honeywell International 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 completion of the sale, the chief executive officer owned 2,004 shares in the company, valued at $491,921.88. The trade was a 13.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.15% of the company's stock.

Institutional Investors Weigh In On Honeywell International

Several hedge funds have recently modified their holdings of the stock. Claro Advisors Inc. grew its position in shares of Honeywell International by 0.3% during the 4th quarter. Claro Advisors Inc. now owns 13,930 shares of the conglomerate's stock valued at $2,718,000 after purchasing an additional 45 shares in the last quarter. Balboa Wealth Partners boosted its stake in Honeywell International by 3.1% during the first quarter. Balboa Wealth Partners now owns 1,578 shares of the conglomerate's stock valued at $357,000 after buying an additional 48 shares during the period. Waterfront Wealth Inc. boosted its stake in Honeywell International by 4.1% during the first quarter. Waterfront Wealth Inc. now owns 1,241 shares of the conglomerate's stock valued at $281,000 after buying an additional 49 shares during the period. Private Wealth Management Group LLC grew its position in Honeywell International by 10.0% during the first quarter. Private Wealth Management Group LLC now owns 550 shares of the conglomerate's stock worth $124,000 after buying an additional 50 shares in the last quarter. Finally, Traveka Wealth LLC increased its stake in Honeywell International by 4.0% in the 1st quarter. Traveka Wealth LLC now owns 1,334 shares of the conglomerate's stock worth $302,000 after acquiring an additional 51 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Company Profile

Honeywell International Inc is a diversified technology and manufacturing company that develops products and systems for the aerospace, building automation, industrial automation, and energy markets. Its offerings include aircraft engines and auxiliary power units, avionics, flight-safety and control systems, building-management and security technologies, industrial control systems, sensors, software, and workplace safety products.

The company serves commercial and defense aerospace customers, building owners and operators, manufacturers, utilities, and other industrial businesses.

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