Honeywell International Inc. (NASDAQ:HON) Given Consensus Recommendation of "Moderate Buy" by Analysts

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%.

Honeywell International Inc. (NASDAQ:HON - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the seventeen research firms that are presently covering the stock, Marketbeat reports. Eight equities 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 analysts that have covered the stock in the last year is $254.00.

Several brokerages recently commented on HON. Morgan Stanley lifted their target price on shares of Honeywell International from $225.00 to $245.00 and gave the stock an "equal weight" rating in a report on Monday, July 28th. Citigroup increased their price objective on shares of Honeywell International from $242.00 to $265.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Royal Bank Of Canada reduced their price target on shares of Honeywell International from $254.00 to $253.00 and set a "sector perform" rating for the company in a report on Friday, July 25th. Barclays raised their price target on shares of Honeywell International from $258.00 to $265.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Finally, Wells Fargo & Company reduced their price target on shares of Honeywell International from $240.00 to $230.00 and set an "equal weight" rating for the company in a report on Friday, July 25th.

Insider Buying and Selling

In other Honeywell International news, CEO Lucian Boldea sold 42,149 shares of Honeywell International stock in a transaction dated 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 sale, the chief executive officer owned 10,334 shares of the company's stock, valued at approximately $2,289,807.72. The trade was a 80.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.41% of the company's stock.

Hedge Funds Weigh In On Honeywell International

Hedge funds have recently bought and sold shares of the company. Chung Wu Investment Group LLC purchased a new position in Honeywell International during the second quarter valued at approximately $26,000. Pandora Wealth Inc. purchased a new position in Honeywell International in the 1st quarter worth approximately $33,000. RMG Wealth Management LLC purchased a new position in Honeywell International in the 2nd quarter worth approximately $33,000. Activest Wealth Management grew its stake in Honeywell International by 425.9% in the 2nd quarter. Activest Wealth Management now owns 142 shares of the conglomerate's stock worth $33,000 after buying an additional 115 shares in the last quarter. Finally, Howard Hughes Medical Institute purchased a new position in Honeywell International in the 2nd quarter worth approximately $33,000. Hedge funds and other institutional investors own 75.91% of the company's stock.

Honeywell International Trading Up 0.1%

HON stock traded up $0.26 during midday trading on Friday, reaching $209.26. The company's stock had a trading volume of 1,343,790 shares, compared to its average volume of 4,043,622. Honeywell International has a 52 week low of $179.36 and a 52 week high of $242.77. The stock has a market cap of $132.86 billion, a PE ratio of 23.81, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05. The company has a quick ratio of 0.97, a current ratio of 1.29 and a debt-to-equity ratio of 1.81. The business's 50-day simple moving average is $220.09 and its 200-day simple moving average is $217.46.

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

Honeywell International Announces Dividend

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