Honeywell International Inc. (NASDAQ:HON) Stock Has Consensus Target Price of $251.88 According to Brokerages

Key Points

• Honeywell has a consensus “Hold” rating from 26 analysts, with 13 buys, 12 holds, and one sell; the average 12-month price target is $251.88.
• The company reported quarterly EPS of $1.95, beating estimates of $1.80, while revenue rose 3.4% year over year. Honeywell also declared a quarterly dividend of $0.70 per share, representing a 1.3% yield.
• Honeywell won an approximately $300 million role on Dangote’s planned refinery project, and Goldman Sachs raised its price target to $271 while maintaining a Buy rating, though broader analyst sentiment remains mixed.

Shares of Honeywell International Inc. (NASDAQ:HON - Get Free Report) have been assigned a consensus recommendation of "Hold" from the twenty-six analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $251.88.

A number of research analysts have weighed in on HON shares. Sanford C. Bernstein started coverage on Honeywell International in a research note on Wednesday, June 10th. They issued a "market perform" rating and a $233.00 price target for the company. Mizuho upped their price objective on Honeywell International from $240.00 to $265.00 and gave the stock an "outperform" rating in a research note on Monday, July 27th. Wells Fargo & Company initiated coverage on Honeywell International in a report on Friday, September 25th. They issued an "equal weight" rating and a $231.00 price objective for the company. Zacks Research raised shares of Honeywell International from a "strong sell" rating to a "hold" rating in a research note on Friday, September 4th. Finally, Citigroup boosted their target price on shares of Honeywell International from $260.00 to $279.00 and gave the stock a "buy" rating in a report on Friday, July 24th.

Honeywell International Trading Up 0.5%

NASDAQ:HON opened at $211.12 on Thursday. The company has a market cap of $66.91 billion, a P/E ratio of 8.16, a price-to-earnings-growth ratio of 3.52 and a beta of 0.87. Honeywell International has a twelve month low of $196.59 and a twelve month high of $261.24. The business has a 50 day moving average price of $222.10 and a two-hundred day moving average price of $223.71. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 1.39.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.80 by $0.15. Honeywell International had a net margin of 23.90% and a return on equity of 34.00%. The company had revenue of $9.72 billion for the quarter, compared to the consensus estimate of $5.03 billion. During the same period last year, the company earned $1.77 earnings per share. The firm's revenue was up 3.4% compared to the same quarter last year. 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, analysts expect that Honeywell International will post 8.29 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, November 13th. Honeywell International's dividend payout ratio (DPR) is 36.80%.

Honeywell International News Roundup

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

• Positive Sentiment: Honeywell won a role valued at approximately $300 million to help develop Dangote’s planned 700,000-barrel-per-day refinery in Kenya. Honeywell will provide process technologies, licensing, engineering services, catalysts, equipment and digital solutions; the project’s development schedule is expected to accelerate by two years. The contract expands Honeywell’s industrial and energy backlog, although the timing of revenue recognition was not disclosed. Honeywell to help build Dangote's new Kenyan mega-refinery
• Positive Sentiment: Goldman Sachs raised its price target on HON to $271 from $270 and maintained a Buy rating, signaling continued confidence in Honeywell’s earnings outlook and valuation. Goldman Sachs Adjusts PT on Honeywell International
• Positive Sentiment: Honeywell announced that it will report results on October 22 and pay a quarterly dividend of $0.70 per share. The dividend and scheduled earnings report provide near-term visibility for income-focused investors. Honeywell October 22 results date and dividend
• Neutral Sentiment: A comparison with Corning portrayed Honeywell as the lower-valued option, with diversified revenue and stronger free-cash-flow generation, but this is an investment opinion rather than a new company announcement. Corning versus Honeywell International
• Neutral Sentiment: Recent coverage continues to highlight mixed analyst views, which could limit the impact of the positive contract and Goldman target increase. Honeywell faces mixed analyst calls

Insider Buying and Selling at Honeywell International

In other news, CEO Kenneth West sold 17,032 shares of the company's stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $243.77, for a total value of $4,151,890.64. Following the sale, the chief executive officer directly owned 2,132 shares of the company's stock, valued at approximately $519,717.64. This represents a 88.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.15% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Honeywell International

A number of hedge funds and other institutional investors have recently bought and sold shares of HON. Harvest Fund Management Co. Ltd raised its position in shares of Honeywell International by 22.5% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 47,726 shares of the conglomerate's stock valued at $9,311,000 after purchasing an additional 8,760 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of Honeywell International during the 4th quarter worth about $7,263,000. CIBC Asset Management Inc boosted its holdings in shares of Honeywell International by 32.7% during the 4th quarter. CIBC Asset Management Inc now owns 336,652 shares of the conglomerate's stock worth $65,677,000 after buying an additional 82,905 shares during the period. Azimuth Capital Investment Management LLC bought a new stake in shares of Honeywell International during the 2nd quarter worth about $1,448,000. Finally, Vise Technologies Inc. grew its stake in Honeywell International by 42.4% in the 4th quarter. Vise Technologies Inc. now owns 21,349 shares of the conglomerate's stock valued at $4,165,000 after buying an additional 6,360 shares during the last quarter. Institutional investors own 75.91% of the company's stock.

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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