Royal Bank Of Canada Has Lowered Expectations for Honeywell International (NASDAQ:HON) Stock Price

Key Points

• Royal Bank of Canada lowered Honeywell’s price target slightly from $270 to $269 while maintaining an “outperform” rating, implying approximately 25.9% upside from the reported $213.64 share price.
• Honeywell shares fell 2.1% in Friday trading, with the stock well below its 12-month high of $261.24 and near its 50-day moving average of $212.07.
• Honeywell beat quarterly earnings expectations with EPS of $2.27 versus $2.17 anticipated, although revenue of $4.99 billion narrowly missed estimates. Analyst sentiment remains mixed, with an overall “hold” rating and a consensus price target of $249.56.

Honeywell International (NASDAQ:HON - Get Free Report) had its target price reduced by stock analysts at Royal Bank Of Canada from $270.00 to $269.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has an "outperform" rating on the conglomerate's stock. Royal Bank Of Canada's price objective points to a potential upside of 25.91% from the stock's current price.

Other equities research analysts have also issued reports about the stock. Daiwa Securities Group raised shares of Honeywell International from a "neutral" rating to an "outperform" rating and set a $255.00 price target for the company in a report on Tuesday, June 30th. Weiss Ratings cut shares of Honeywell International from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Friday, September 25th. Jefferies Financial Group started coverage on shares of Honeywell International in a research report on Monday, August 17th. They issued a "hold" rating and a $255.00 price objective for the company. Morgan Stanley raised their target price on Honeywell International from $245.00 to $250.00 and gave the company an "equal weight" rating in a research note on Monday, August 31st. Finally, Wells Fargo & Company assumed coverage on Honeywell International in a research report on Friday, September 25th. They set an "equal weight" rating and a $231.00 target price on the stock. 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's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $249.56.

Honeywell International Stock Down 2.1%

Shares of HON stock traded down $4.67 during trading hours on Friday, reaching $213.64. The company had a trading volume of 339,173 shares, compared to its average volume of 3,850,407. The company has a market capitalization of $67.71 billion, a P/E ratio of 8.26, a price-to-earnings-growth ratio of 1.60 and a beta of 0.86. 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 twelve month low of $196.59 and a twelve month high of $261.24. The stock's fifty day simple moving average is $212.07 and its 200 day simple moving average is $221.91.

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

Insiders Place Their Bets

In other Honeywell International news, CEO Kenneth West sold 316 shares of the company's stock in a transaction that occurred on 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 $491,921.88. This represents a 13.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.15% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Honeywell International

Several large investors have recently added to or reduced their stakes in HON. CYBER HORNET ETFs LLC bought a new position in Honeywell International during the 2nd quarter worth $220,000. Atlantic Private Wealth LLC acquired a new stake in Honeywell International in the second quarter worth $59,000. DMC Group LLC bought a new stake in Honeywell International in the second quarter valued at $375,000. Studio Investment Management LLC bought a new stake in Honeywell International in the second quarter valued at $2,578,000. Finally, Washington Trust Advisors Inc. acquired a new position in shares of Honeywell International during the second quarter valued at $118,000. 75.91% of the stock is currently owned by institutional investors.

Key Headlines Impacting Honeywell International

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

• Positive Sentiment: Q3 earnings beat and outlook increase: Honeywell reported adjusted earnings of $2.27 per share, above the $2.17 consensus estimate. Although revenue of approximately $5.0 billion was slightly below expectations, management raised its 2026 projections for sales, earnings and cash flow. HON Q3 Earnings Beat on Automation Strength, Outlook Raised
• Positive Sentiment: Automation and data-center demand support growth: Organic sales growth reportedly reached 7%, driven by automation demand, energy projects and data-center activity. These trends reinforce the investment case for Honeywell’s more focused industrial platform and helped fuel optimism on the earnings call. Honeywell Q3 2026 Earnings Call Transcript
• Positive Sentiment: AI expansion adds a longer-term growth opportunity: Honeywell discussed its Forge Cognition AI platform, “physical AI” applications and partnerships with Nvidia, Dell and Google. The company is also expanding AI-based complaint processing for life-sciences customers, potentially supporting software and services growth. Honeywell Technologies expands AI complaint processing for life sciences
• Neutral Sentiment: Cybersecurity remains a key execution risk: CEO Vimal Kapur highlighted growing cyber vulnerabilities created by AI tools and risks to industrial infrastructure. Strong cybersecurity execution could protect Honeywell’s industrial-AI opportunity, but new threats may increase costs and operational risk. Cyber Vulnerability: Honeywell CEO Warns about growing AI security challenge
• Negative Sentiment: Revenue miss and analyst caution temper the results: Quarterly revenue of $4.99 billion slightly missed the $5.01 billion consensus, while EPS declined from the year-ago period. Mizuho also lowered its price target to $255, suggesting some valuation or execution caution despite the raised guidance. Mizuho cuts target for Honeywell stock

Honeywell International Company Profile

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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