Honeywell International Inc. (NASDAQ:HON) Receives $254.00 Consensus Price Target from Brokerages

Key Points

• Honeywell International Inc. has received a consensus rating of "Moderate Buy" from 17 brokerages, with an average 1-year price target estimated at $254.00.
• Insider selling was notably observed, with CEO Lucian Boldea selling 42,149 shares for $9.34 million, reducing his ownership by approximately 80.31%.
• The company reported $2.75 earnings per share for the last quarter, exceeding estimates, and announced a quarterly dividend with an annualized yield of 2.2%.

Shares of Honeywell International Inc. (NASDAQ:HON - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the seventeen analysts that are covering the firm, MarketBeat Ratings reports. Eight research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $254.00.

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada decreased their target price on shares of Honeywell International from $254.00 to $253.00 and set a "sector perform" rating for the company in a research note on Friday, July 25th. Barclays lifted their target price on shares of Honeywell International from $258.00 to $265.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th. Citigroup lifted their target price on shares of Honeywell International from $242.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Morgan Stanley lifted their target price on shares of Honeywell International from $225.00 to $245.00 and gave the company an "equal weight" rating in a research note on Monday, July 28th. Finally, Wells Fargo & Company cut their price target on shares of Honeywell International from $240.00 to $230.00 and set an "equal weight" rating on the stock in a report on Friday, July 25th.

Insider Buying and Selling

In related news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $221.58, for a total value of $9,339,375.42. Following the transaction, the chief executive officer owned 10,334 shares in the company, valued at $2,289,807.72. This trade represents a 80.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.41% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Chung Wu Investment Group LLC bought a new position in shares of Honeywell International during the 2nd quarter worth about $26,000. Pandora Wealth Inc. bought a new position in shares of Honeywell International during the 1st quarter worth about $33,000. RMG Wealth Management LLC bought a new position in shares of Honeywell International during the 2nd quarter worth about $33,000. Activest Wealth Management increased its holdings in shares of Honeywell International by 425.9% during the 2nd quarter. Activest Wealth Management now owns 142 shares of the conglomerate's stock worth $33,000 after purchasing an additional 115 shares during the period. Finally, Howard Hughes Medical Institute bought a new position in shares of Honeywell International during the 2nd quarter worth about $33,000. Institutional investors own 75.91% of the company's stock.

Honeywell International Trading Down 0.4%

Honeywell International stock traded down $0.83 during midday trading on Friday, reaching $209.37. The stock had a trading volume of 11,004,750 shares, compared to its average volume of 3,854,997. The firm's fifty day simple moving average is $220.67 and its two-hundred day simple moving average is $217.45. Honeywell International has a twelve month low of $179.36 and a twelve month high of $242.77. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.29 and a quick ratio of 0.97. The firm has a market cap of $132.93 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 2.36 and a beta of 1.05.

Honeywell International (NASDAQ:HON - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The conglomerate reported $2.75 EPS for the quarter, topping analysts' consensus estimates of $2.66 by $0.09. The firm had revenue of $10.35 billion during the quarter, compared to analyst estimates of $10.01 billion. Honeywell International had a net margin of 14.30% and a return on equity of 37.37%. The company's revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $2.49 EPS. Honeywell International has set its FY 2025 guidance at 10.450-10.650 EPS. Q3 2025 guidance at 2.500-2.600 EPS. Equities analysts anticipate that Honeywell International will post 10.34 EPS for the current fiscal year.

Honeywell International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 15th were issued a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, August 15th. Honeywell International's dividend payout ratio (DPR) is 51.42%.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.