Honeywell International Inc. (NASDAQ:HON) Given Consensus Rating of "Hold" by Analysts

Key Points

• Honeywell has a consensus “Hold” rating: Of 25 analysts, 13 recommend buying, 11 recommend holding and one recommends selling. The average 12-month price target is $254.25.
• Honeywell exceeded quarterly earnings expectations, reporting $1.95 EPS versus the $1.80 consensus, while revenue increased 3.4% year over year to $9.72 billion.
• The company declared a quarterly dividend of $0.70, equivalent to a 1.2% annualized yield; institutional investors own approximately 75.9% of the stock.

Honeywell International Inc. (NASDAQ:HON - Get Free Report) has been given a consensus rating of "Hold" by the twenty-five research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $254.25.

A number of research firms recently weighed in on HON. Daiwa Securities Group upgraded Honeywell International from a "neutral" rating to an "outperform" rating and set a $255.00 target price for the company in a research report on Tuesday, June 30th. Jefferies Financial Group set a $265.00 price target on shares of Honeywell International in a research report on Tuesday, July 28th. Weiss Ratings downgraded shares of Honeywell International from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday, August 4th. Mizuho boosted their price objective on shares of Honeywell International from $240.00 to $265.00 and gave the stock an "outperform" rating in a report on Monday, July 27th. Finally, Morgan Stanley cut their price objective on shares of Honeywell International from $490.00 to $245.00 and set an "equal weight" rating for the company in a research note on Tuesday, July 14th.

Honeywell International Stock Down 5.3%

HON opened at $230.12 on Wednesday. The stock has a market cap of $72.93 billion, a PE ratio of 8.90, a P/E/G ratio of 5.44 and a beta of 0.89. 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 has a 52 week low of $196.59 and a 52 week high of $261.24. The business's fifty day simple moving average is $229.85 and its 200 day simple moving average is $229.51.

Honeywell International (NASDAQ:HON - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The conglomerate reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.15. Honeywell International had a return on equity of 34.00% and a net margin of 23.90%.The firm had revenue of $9.72 billion during the quarter, compared to analyst estimates of $5.03 billion. During the same quarter in the previous year, the company posted $1.77 earnings per share. The company'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, research analysts expect that Honeywell International will post 8.25 earnings per share for the current fiscal year.

Honeywell International Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.80 annualized dividend and a yield of 1.2%. Honeywell International's payout ratio is currently 36.80%.

Insider Transactions at Honeywell International

In other news, CEO Kenneth J. West sold 316 shares of the firm's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $245.47, for a total transaction of $77,568.52. Following the transaction, the chief executive officer directly owned 2,004 shares of the company's stock, valued at approximately $491,921.88. This trade represents a 13.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.15% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Honeywell International

Institutional investors have recently bought and sold shares of the stock. Exencial Wealth Advisors LLC grew its holdings in Honeywell International by 36.6% during the fourth quarter. Exencial Wealth Advisors LLC now owns 81,211 shares of the conglomerate's stock valued at $15,844,000 after purchasing an additional 21,770 shares during the period. MADDEN SECURITIES Corp bought a new position in shares of Honeywell International in the fourth quarter worth about $1,418,000. Valley Wealth Managers Inc. raised its stake in shares of Honeywell International by 33.9% in the fourth quarter. Valley Wealth Managers Inc. now owns 114,016 shares of the conglomerate's stock worth $22,243,000 after buying an additional 28,875 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Honeywell International by 3.5% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,683,119 shares of the conglomerate's stock valued at $329,788,000 after buying an additional 57,441 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of Honeywell International by 2,165.9% during the 4th quarter. International Assets Investment Management LLC now owns 154,741 shares of the conglomerate's stock valued at $30,188,000 after acquiring an additional 147,912 shares during the period. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

About Honeywell International

Honeywell International Inc is a diversified, publicly traded multinational conglomerate NASDAQ: HON that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell's aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.

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